..

President Barack Obama: What This Means To Online Gambling

Written by:
C Costigan
Published on:
Nov/04/2008
President Obama

It's finally over.  Barack Obama has been named the first Black President of the United States.

So what does this mean for online gambling?

It could be good...or maybe not.

Obama running mate Joe Biden's own son, Hunter, was a lobbyist for none other than Party Gaming, once the largest online poker company.

When asked how an Obama administration would affect the process for legalizing online gambling, chairman of the House Financial Services Committee, Barney Frank, told Gambling911.com's Jenny Woo his win would be significant. 

"With the Obama administration you wouldn't see these bad regulations.  But what the Bush people try to do is to get this one done very hastily and with little preparation so it's in place when the Obama administration takes over.  But clearly we have more support opposing (these attempts to stop regulation) with more Democrats in Congress.  I wish it weren't an issue but the Republicans have made it one."

And Ron Paul, a Republican Congressman who co-sponsored legislation along with Barney Frank to legalize online gambling, agrees with the sentiment that the Republican party has made online gambling prohibition an important - and many would argue and unnecessary - part of its platform. 

"The evidence is there.  They worked hard to stop it, Republicans and Conservatives get involved too often for trying to improve people's behavior," said the Texas Congressman in an interview with Jenny Woo.

Obama himself is a known poker player who has said he would welcome a study of legalizing online gambling. 

Christopher Costigan, Gambling911.com Publisher

Politics News

Bet on Caitlyn Jenner as Next California Governor

Bet on Caitlyn Jenner as Next California Governor

Former reality TV star Caitlyn Jenner is considering a serious run for California Governor in the Recall Election.  Though she does have the longest odds, the price is not bad at 6-1.

Trump Launches New Website: Bet Whether There Will Be "Tens of Millions" of Visitors

Trump Launches New Website: Bet Whether There Will Be "Tens of Millions" of Visitors

The new website mentions how "Donald J. Trump launched the most extraordinary political movement in history" with a spokesperson saying he will return to social media in two to three months on his own platform following a Twitter ban during the waning days while still US President.

Matt Gaetz Sex Probe

FBI Probing Congressman Matt Gaetz For Underage Sex Trafficking: Tucker Interview Goes Off Rails

Outspoken Republican Florida Congressman Matt Gaetz acknowledged he is under investigation by the FBI for possible sex trafficking of minors, though there is a bit of a twist.  Gaetz claims he is being extorted. Oddsmakers are monitoring this story closely as Gaetz is widely considered one of the rising stars in the GOP. 

Did Epstein Really Feed Young Girls to Alligators?

Did Epstein Really Feed Young Girls to Alligators?

The Daily Beast reports that a woman has filed a lawsuit against late predator Jeffrey Epstein claiming he had threatened to feed one of his victims to hungry alligators, and that others before her had met the same fate.

Todd Brunson Takes on Kids in Cages and the Latest DC Narrative

Todd Brunson Takes on Kids in Cages and the Latest DC Narrative

Poker pro Todd Brunson says he had "bitten his lip" on the topic of illegal border crossing and the more troubling dention of children, many of whom arrive unaccompanied by adults.....Plus, the latest odds on President Joe Biden finishing his term in office.

Syndicate