CNBC put out a well done documentary recently covering the issues of online gambling and the inconsistency of U.S. policies on the issue. Check out a complete description along with air times at the cnbc website : The Big Business of Illegal Gambling.
See a clip of the documentary here:

In other news:

Delaware will take sports [...]

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 [...]

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 [...]

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 [...]

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.

As mentioned in my previous post, the introduction of a new legislation to legalize some forms of online gambling has been generating mainstream press coverage for what was once a niche issue. This video from Bloomberg TV is a good example of this increased awaremess:

In related news, as expected Delaware Governor Jack Markell [...]

“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: [...]

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 [...]

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, [...]

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 [...]