Tag Archives: House Financial Services Committee
What was said at the Barney Frank hearing
Safe and Secure Internet Gambling Initiative spokesman Michael Waxman responds to a House Committee on Financial Services hearing on Internet gambling on December 3, 2009:
Their PR.
[H.R. 2266, Reasonable Prudence in Regulation Act, and H.R. 2267, the Internet Gambling Regulation, Consumer Protection, and Enforcement Ac
Addendum:
- Safe and Secure Internet Gambling Initiative
- Right 2 Bet
Barney Frank hearing on Internet betting and gambling in the United States Of America
All went well. All witnesses were in favor of legalizing Internet gambling. Read the tidbits on http://twitter.com/midasoracle.
– PR about the hearing coming from the Safe and Secure Internet Gambling Initiative:
[H.R. 2266, Reasonable Prudence in Regulation Act, and H.R. 2267, the Internet Gambling Regulation, Consumer Protection, and Enforcement Act]
Addendum:
- Safe and Secure Internet Gambling Initiative
- [...]
H.R. 2266, Reasonable Prudence in Regulation Act, and H.R. 2267, the Internet Gambling Regulation, Consumer Protection, and Enforcement Act
House Financial Services Committee – Wednesday, December 3, 2009
Via Daniel Horowitz
Some U.S. Congress members finally came to realize that the U.S. Government could milk the internet gambling and betting cows instead of rejecting them offshore.
Safe and Secure Internet Gambling Initiative … is the lobbying group that’s behind all this —backed by the European Gaming and Betting Association (EGBA). [BetFair does not belong to this association. BetFair, along with plenty of bookmakers and sportsbooks, belongs to the Remote Gambling Association (RGA).]
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The U.S. House of Representatives
Full Committee Hearing
Can Internet Gambling Be [...]
Internet Gambling Regulation and Enforcement Act 2007
From Rep. Barney Frank, D-Mass., who chairs the House Financial Services Committee. PDF file
Gambling Regulation & Enforcement Act 2007
LICENSE REQUIREMENTS
No applicant would receive a license unless the following requirements with respect to any Internet bet or wager, at a minimum, are met:
- Safeguards to ensure the individual placing the bet or wager is 18 years [...]
Why anyone thinks it is any of my business why some adult wants to gamble is absolutely beyond me.
Says Rep. Barney Frank, D-Mass., who chairs the House Financial Services Committee.
But Niall O’Connor of Betting Market thinks that Barney Frank’s Bill fails to live up to hype.
[...] The scope of the Act is more limited than many believed, and, indeed, hoped for. It by no means represents a green light to allow offshore gambling [...]
Will the US House free NetTeller and InTrade-TradeSports??
Rep. Barney Frank, D-Mass., who chairs the House Financial Services Committee, told reporters that The Unlawful Internet Gambling Enforcement Act, passed last October, was “one of the stupidest things I ever saw.”
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