Entries Tagged as 'Congress'

Wednesday, December 2nd, 2009

Congress to Debate Internet Gambling Tomorrow (Watch it Live!): 12/3/09

Let the games begin! Tomorrow morning at 10 a.m EDT, the U.S. House Congressional Services committee will debate the white hot issue of how best to regulate internet gambling. Watch it live and read the prepared testimony here:

http://www.house.gov/apps/list/hearing/financialsvcs_dem/hr_112409.shtml
Reading through the pre-hearing documents prepared by Harvard Professor Malcolm Sparrow, it looks like the anti-gambling proponents are [...]

Monday, August 3rd, 2009

The Battle to Legalize Sports Betting Heats Up

An epic battle is brewing. The two opposing sides are readying themselves for the fray; recruiting foot soldiers, forging alliances, stockpiling ammunition. In recent weeks, powerful interests have thrown down the gauntlet, setting the stage for what promises to be one of the most riveting political and economic rumbles of all time. The issue at [...]

Thursday, June 11th, 2009

Sports Betting Roundup : 6/11/2009

It’s not just the temperature on the thermometer that is heating up as we enter into the summer months here in the U.S.; the war over the legality of sports betting has been growing hotter in recent weeks, setting the stage for explosive conflicts between powerful entrenched forces on both sides of the volatile issue.
Some [...]

Thursday, May 21st, 2009

Video: Rep. Frank Introduces New Internet Gambling Bill

Thanks to Safe and Secure Internet Gambling Initiative for posting this video of Barney Frank introducing his new bill to regulate internet gambling. If you want your freedom to gamble online restored, please leave a comment on the video showing your support for this legislation.

Wednesday, May 13th, 2009

Barney Frank Lets Opportunity to Legalize Online Sports Betting Go Up in Smoke

“The expression by the professional leagues of shock at the notion that people would actually bet on games was one of the least persuasive emotional outbursts I have encountered, but we acknowledged the reality of it, no one will be betting on professional sports games.”
- Barney Frank, 5/7/09
By now you’ve heard the bad news: [...]

Tuesday, March 24th, 2009

Sports Betting Roundup : 3/24/2009

Happy March Madness everyone, I hope you’re all doing better with your picks than I am! Here is a quick update of the latest news from the sports betting world:

New Jersey sues Federal Government, claims sports betting ban is unconstitutional – this is huge! If this suit is successful it could legalize sports [...]

Tuesday, November 11th, 2008

Politics at its Worst: NFL Lobbyist Turned Bush Insider Peddles Influence

This is really outrageous. William Wichterman is a former lobbyist for the National Football League – representing them as recently as March 2008. A few months ago he was appointed by the White House to the role of “Deputy Director of Public Liason”. Now, in the last days of the Bush administration, [...]

Wednesday, September 17th, 2008

Update: Key Committee Approves Bill to Clarify Internet Gambling Ban

This news just in from our friends at The Safe and Secure Internet Gambling Initiative. It seems the legislation to force the Federal government to take back the burden to define what constitutes illegal gambling has passed a major hurdle. It’s interesting to note how the “sports leagues” came in at the last [...]

Friday, September 12th, 2008

A Reason to Like the Credit Card Companies?

Don’t get me wrong – I detest the credit card industry. I despise their “unfair and deceptive” business practices and I’m glad to see they are recently facing a major backlash from consumers and the Federal government. Recent news suggests that the lock they’ve had on the U.S. Congress may be loosening.
That [...]

Friday, May 23rd, 2008

Legalized Sports Betting Moves Ahead in Delaware – is New Jersey Next?

The Delaware House of Representatives has approved a bill to legalize sports gambling. The bill moves onto the Senate now where it’s fate is uncertain. The Governor has sworn to veto the bill, but the bill’s sponsors have cleverly included a provision that makes the law not go into effect until the day [...]