Congressman Barney Frank to introduce Betting bill

Persistent in his exploits to take apart the anti-online casino betting legislation approved by the Bush Administration, Congressman Barney Frank will commence a bill, which would set up a licensing and regulatory structure for online betting operators before the end of April as a standalone bill.

Barney Frank, Chairman of the US House Financial Services Committee, related to The Hill congressional newspaper just past week that the bill, Gambling Regulation and Enforcement Act (H.R. 2046), would be a standalone bill although Republicans supplemented the law on the back of a vital port security bill in the 109th Congress.

Reporters have implied that the outcome of introducing the bill as a standalone bill would cause it to be even more difficult for it to be approved by Congress. Congressman Frank stated. However, that it would be ‘inappropriate’ to follow the Republicans’ path. “That is not my intention. It would be a mistake. I want to do this with hearings, discussions and votes,” Frank told The Hill.

Jeffrey the writer, spokesman for the Safe and Secure Internet betting Initiative which backs Frank’s bill, told The Hill: ‘We welcome a standalone bill, which would allow for a thorough discussion of all the issues relating to regulations and consumer protections.

‘The excitement over Congressman Frank’s bill is that it would create an environment that would protect USA betting players and include safeguards against underage betting and compulsive betting, which don’t exist right now,’ stated the writer.

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