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Frank Continues His Fight for Legalized Gambling- Part 2

Friday, December 4th, 2009

Frank said, “I am struck by frankly what seems to be a inconsistency on the part of some of my conservative colleagues who bemoan the nanny state, who talk about limited government, who urge the government to stay out of people’s lives, who also argue that the Internet ought to be a free of restrictions, but who then single out the Internet for restrictions on personal choices to be made by individuals.” One staunch critic is Representative Spencer Bachus. He has been pushing for the UIGEA ruling to go through for almost three years now.  He stated, “These regulations should have been finalized and implemented two years ago. It’s time to stop delaying the will of the great majority of this Congress and the American people. Quit the foot dragging and enforce this law.” He also maintains that “Technology exists to manipulate online poker games. Technically, the online poker vendors could detect this activity and put in place safeguards to discourage cheating, although it is unclear what the incentive would be for the vendor.”

John Pappas, President of the Poker Player’s Alliance, was quick to strike down his statement by saying, “The largest poker sites all use software to detect collusion. If a site is subjected to allegation that players are cheating, few players will play on that site. The letter misconstrues much about the current state of online poker, but it does so in a way that clearly makes the case for why federal oversight is necessary.” Many industry experts disagreed with Bachus’ statements and loudly voiced their opinions. They all tell the media that the number of softwares available to thwart any type of cheating are hefty and reliable. And they are growing by the minute with the quick advances in technology. Pappas added, “To say technology can dupe customers is outrageous. This is not a basement game of poker…online gambling is a self-regulated industry that has safeguards and third-party certification and review parties to maintain its fairness in gaming.”

Aftab is a company that just did a study on the potential repercussions of legalizing and regulating online gambling. The company conducted the study via Sparrow and was commissioned by Wired Safely. They found that government regulation is the best way to mitigate the potential problems of gambling.

Part three coming next.

Frank Continues His Fight for Legalized Gambling- Part 1

Friday, December 4th, 2009

“The notion that this Congress should tell millions of adult Americans that we know better than they what they should do with their own money on their own time on their own computer seems to me to be a very grave error.” This statement was made by Representative Barney Frank who has been campaigning hard for a repeal of the UIGEA. The UIGEA of 2006 is a bill that caused online gambling to be illegal. Well actually it didn’t really focus on online gambling, but rather on how banking institutions deal with online gambling portals. The UIGEA made it illegal for banks to allow transfers for the purpose of online gambling. In essence what this did was make online gambling illegal in the US. Barney Frank is a representative who has taken the helm at overturning the issue and has been petitioning for an amendment that would allow gambling to be legalized and regulated within the US borders.

Earlier today Frank made his case to the House Financial Services Committee hearing in Washington. He is requesting a repeal of the UIGEA and introducing legislation that would allow gambling. He said, “It is true if things are the Internet, there is the possibility that underage people can get at them. There are a whole range of things on the Internet that we would not like underage people to use… The notion that because some people will abuse something, you prevent everybody from doing it is as great a threat to the liberty of the individual as any philosophy I have seen.” Frank is referring to those who claim that online gambling legalization would be a threat to underage gamblers. Some critics of online gambling are stating that underage citizens are the most vulnerable if online gambling is allowed due to its ease of use. Frank is arguing on the issue, stating that there are other questionable things children can reach on the internet, so why is gambling being focused on?

The biggest arguments against online gambling legalization have come from conservative groups who believe that it would threaten society as a whole. They believe that crime, money laundering, and addictions would inevitably run rampant throughout communities. Those communities, in turn, would not be prepared to handle the added stress of strengthening police networks and creating addiction services for communities and citizens, respectively.

Part two coming next.