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Possible Repeal of Online Gaming Ban

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  • Possible Repeal of Online Gaming Ban

    Mods....feel free to move this is you see fit.

    This is copied from Briefing.com. I wanted to make sure to credit the original source.

    As mentioned in our 11:18 comment, stock spikes in WPTE, CRYP and OPMR were attributed to chatter the House could repeal the online gaming ban. We note Financial Times ran a story earlier saying a repeal of the online gaming ban is being sought. "Barney Frank, the Democratic chairman of the powerful House financial services committee, is working on legislation to repeal the sweeping ban that was passed in Congress last year against online gaming, he told the Financial Times in an interview. Mr Frank called the ban, formally known as the Unlawful Enforcement Gambling Act, one of the 'stupidest laws' ever passed and said he wanted to 'repeal' the law. 'I am working on legislation to cut back on this internet gambling thing....I think it's preposterous,' he said, adding that he was considering some 'innovative ideas'. 'I'm looking for ways, maybe we can make some money off of it,' he said, signalling that he could be considering a proposal that would make online gaming legal by both regulating - and taxing - the industry."
    Every
    Villain
    Is
    Lemons

  • #2
    y-MULE IF THEY WERE SMART-THAT LAST SENTENCE ABOUT REGULATING AND TAXING THE INDUSTRY COULD PUT A BIG CURE IN THE NATIONAL DEBT PROBLEM IN ABOUT 5 TO 10 YEARS-PEOPLE ARE GOING TO GAMBLE-UNCLE SAM MIGHT AS WELL GET THEIR PIECE OF THE PIE-SINCERELY CHUNGER...
    DON'T YOU EAT THE YELLOW SNOW !! PS-MARVIN LOVES SPLIT SALAD !!

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    • #3
      Originally posted by WayneChung
      y-MULE IF THEY WERE SMART-THAT LAST SENTENCE ABOUT REGULATING AND TAXING THE INDUSTRY COULD PUT A BIG CURE IN THE NATIONAL DEBT PROBLEM IN ABOUT 5 TO 10 YEARS-PEOPLE ARE GOING TO GAMBLE-UNCLE SAM MIGHT AS WELL GET THEIR PIECE OF THE PIE-SINCERELY CHUNGER...
      Key word="If"

      Comment


      • #4
        Originally posted by rented mule
        "Barney Frank, the Democratic chairman of the powerful House financial services committee, is working on legislation to repeal the sweeping ban that was passed in Congress last year against online gaming, he told the Financial Times in an interview. Mr Frank called the ban, formally known as the Unlawful Enforcement Gambling Act, one of the 'stupidest laws' ever passed and said he wanted to 'repeal' the law.
        This is why it pays to be a Democrat! Good news for now.

        KAZ
        [email protected]

        I'm just here so I won't get fined....

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        • #5
          Originally posted by KazDog
          This is why it pays to be a Democrat! Good news for now.

          KAZ

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          • #6
            bump for Monte

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            • #7
              Originally posted by swghost
              Key word="If"
              miss you around here SWGHOST-love your posts in the nonsports area-that how to prank a telemarketer cracks me up... !!
              DON'T YOU EAT THE YELLOW SNOW !! PS-MARVIN LOVES SPLIT SALAD !!

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