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Barney Frank

Jay Leno Blows Part 4,954


Saw this clip over on Pokerati.

Jay Leno more or less invalidates everything we believe in humor and entertainment. He’s the biggest name in late-night, despite being infinitely less funny than CoCo and Letterman. His safe, obvious jokes play to an audience of people we’ve never met in our life. Seriously, don’t know anyone who watches his show. Then again, same goes for The Big Bang Theory, Castle, and According to Jim. Who are you people?!

Anyway, if his smarmy, back-stabbing, humorless persona wasn’t irritating enough, chalk up his ridiculous take-the-other-side argument against online poker regulation with Rep. Barney Frank as another reason to dislike.

Go about 3:50 in for the discussion.

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Choice Quotes Following Committee Passage of Internet Gambling Bill


Virginia Hughes Russell

Rep. Spencer Bachus (not in photo above) told the NY Times he was "incredulous" that members would vote to allow Internet gambling.

As reported yesterday, the House Finance Committee approved Rep. Barney Frank‘s Internet gambling bill, H.R. 2267, by a vote of 41 to 22 (34 Democrats, 7 Republicans). The bill, which still may not even make its way to the House floor but definitely falls under the “Good for PokerTM” category, would effectively undo the UIGEA and make all online gambling, except sports betting, legal at the federal level. Individual states would then have the chance to opt out.

Despite around-the-clock coverage of President Obama’s historical appearance on The View (anybody got download for Sarcastica font?), the vote did draw lots of mainstream media mentions including a NY Times article titled, Congress Rethinks Its Ban on Internet Gambling, which received a lot of pick up in newspapers around the country. Good news is that much of the discussion is turning towards the potential revenue ($42 mil bil) the government would rake if they regulated and taxed online gambling and less on the morality debate. Looking at how things are playing out in Europe, that’s where the focus should be.

Anyway, here are a few choice comments from both sides of the issue we pulled from a few of the articles. Check ‘em out:

“Some adults will spend their money foolishly, but it is not the purpose of the federal government to prevent them legally from doing it.” - Rep. Barney Frank, D-Mass. (link)

“After all the talk during the last year about shutting down the casinos on Wall Street, it does not make any sense to me why we would be taking steps to open casinos in every home, dorm room, library, iPod, Blackberry, iPad and computer in America.” - Rep. Spencer Bachus, R-Ala. (link)

“I was looking for the money,” Rep. Jim McDermott, D-Wash., who sponsored a companion measure to allow taxation of online gambling. (link)

“We’ve been supportive of this bill, it addresses the reality of what is happening on the Internet,” Jan Jones, senior VP of government relations for Harrah’s. (link)

“I have opposed this bill for years, but I am slowly changing. The best reason for this bill is the prospect for revenue.” - Rep. Brad Sherman, D-Calif. (link)

“We will not pass an Internet gaming bill. We will pass a bill to do something very important, funded by Internet gaming.” – Brad Sherman, D-Calif. (link)

Be sure to tune in to “This Week In Poker” this Tuesday at 4pm PST/7pm EST for more on the bill, what its passage means and where do we go from here. Guests include Annie Duke, a woman, who testified before the committee, and John Pappas, the Exec. Director of the PPA.

More photos of Virgina Hughes Russell (above) here.

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BREAKING: H.R. 2267 Online Gambling Bill Passes House Finance Committee


USA Bikini

Heidi Montag celebrates the passing of HR 2267 in the House Finance Committee by hitting the beach in a US American bikini.

Representative Barney Frank’s proposed bill, H.R. 2267 – the Internet Gambling Regulation, Consumer Protection, and Enforcement Act, just passed the House Finance Committee by a vote of 41-22.

According to the PPA, the bill establishes the licensing and regulatory framework for the U.S. to exercise control and oversight over Internet poker and other forms of Internet gaming.

The bill still has a long way to go before it reaches Obama’s desk but this is definitely a big step forward in cleaning up the UIGEA mess that Bill Frist and his cronies Pearl Harbor’d into law back in 2006 as well as towards the regulation of online poker in the U.S.

The omnisciently omnipresent Kevmath, who was all over the markup hearing today on Twitter and the 2+2 forum, sums up what’s next:

The bill gets reported from the Committee to the House floor. The next bill regarding Internet gambling is HR 2268, currently in the House Ways and Means Committee. It’s unknown if there will be another hearing on that bill or if/when markup will take place.

link

If Frank’s bill gets by the House, it will then be sent on to the Senate.

For insta-tweets from today’s hearing, be sure to check out @kevmath, @pokerati, @scarlet_lv, @ESPN_Poker, @genebromberg and @ppapoker.

Developing…

UPDATE: Official satement from the PPA praising the passage of H.R. 2267 and highlighting key provisions here.

[click to continue…]

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Today’s UIGEA House Financial Services Hearing


Our now go-to UIGEA girl, Metzker Viktoria, brings you today's legislative update...

Our now go-to UIGEA girl, Metzker Viktoria, brings you today's legislative update...

Rep. Barney Frank (D-Mass.) is holding his House Financial Services hearing regarding the UIGEA, internet gambling, handling addictions, age restrictions, lions, tigers, and bears.

Some good, meaty pro-legalization and regulation arguments and studies being put forth.

Follow live blogging from the hearings here.

UPDATE: Now with video.

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Harrah’s Backing Barney Frank Bill


Barney_frank Rep. Barney Frank (D-Mass.) introduced his only reason why we're still doing this site anti-UIGEA bill at a press conference this morning.

Frank's bill estimates over $63 billion in revenues for the government if it regulated online gaming over the next 10 years. Interestingly, Harrah's Entertainment is also backing the bill, which probably has everything nothing to do with the "maybe" hiring of ex-Party CEO Mitch Garber.

We'll post a video from the press conference if/when it becomes available (readers, please send link if you find it). In the meantime, read about Harrah's backing of the bill here and the press release on today's press conference here.

UPDATE: Good recap of the bill by Bluff here.

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