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Hr 2267 Internet Gambling Hearing


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Earlier today the House Financial Services Committee held its hearing on the Internet Gambling Regulation bill introduced by Barney Frank. Amongst those who spoke at the hearing were bankers, casino proprietors, a law enforcement/anti-terrorist consultant, and Annie Duke (who represented the Poker Players Alliance).For those interested, the Poker Player Alliance's website has a recording of the hearing:Poker Player Alliance

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The next step for the Bill is to be "Marked Up" by the committee and then it can be taken to the full House for a vote. Even if the House votes it in it would still have to get through The Senate which isn't very likely at the moment.Baby steps but don't get too excited.

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Annie Duke did a good job, "However you might feel about gambling on the internet, i'd suggest that gambling with freedom is far more risky".. But I'm not from the US so it doesn't really impact me too much tho

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Here's Poker News' report on the hearings.http://www.pokernews.com/news/2010/07/a-lo...ee-hea-8590.htm

Consider Wednesday's hearing in the House Financial Services Committee the salad before the main course. It wasn't very satisfying and didn't include much that was new or interesting, but it should soon lead to the meaty markup for which everyone has patiently been waiting.A committee vote on Barney Frank's bill to license and regulate Internet gambling could come next week. By the time Wednesday's hearing finished, Frank had already left to deal with other House business. But committee member John Campbell (R-Calif.) concluded the day by repeating what he had heard in that the markup could occur next week. It would have to be to meet Frank's promise of holding a markup in July.Much of the hearing was the same old refrain from the last time the committee discussed the bill in December. Spencer Bachus (R-Ala.) and his witnesses lamented that U.S.-sanctioned Internet poker would negatively impact minors and problem gamblers. Frank and his witnesses argued that people should have the freedom to do what they want to in their own home, and that consumers would be better protected in a regulated environment."To say we broke a lot of new ground in this hearing is a stretch," said John Pappas, executive director of the Poker Players Alliance. "But we did check the box and hope it paves the way for a vote in Frank's committee as soon as next week."CONTINUED AT LINK ABOVE
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Annie Duke did a good job
Understatement. Despite a lack of hygiene and a viciously ugly tramp stamp, Annie was awesome in those hearings and should be front and center at all times for this stuff.
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Just received the following e-mail today:Thank you for writing to me regarding Internet gambling. I appreciate you taking the time to contact me on this important topic, and I welcome the opportunity to respond.There is no doubt that the Internet and related technologies have had a remarkable effect on the U.S. economy in recent years. The flow of commerce on the Internet has enhanced American industry's ability to distribute goods economically and efficiently. The continuing development of this technology in California has provided hundreds of thousands of new, well-paying jobs, and I am committed to strengthening online commerce and preserving and expanding this vital job base.While the advent of the Internet has its benefits, I believe the same cannot be said for Internet-based gambling. Internet gambling has become too easily accessible to minors, subject to fraud and criminal misuse, and too easily used as a tool to evade state gambling laws. I understand your thoughts on internet gambling, and as you may be aware, I have supported legislation aimed at curbing Internet gambling during my tenure in the Senate. For example, I supported the SAFE Port Act, passed into law as Public Law 109-347, which included the Unlawful Internet Gambling Enforcement Act of 2006.Please know that I have read your letter with interest and value your thoughts. While we do not necessarily agree on this particular topic, be assured that I will certainly keep your thoughts in mind should this issue come before me during the 111th Congress.Again, thank you for your letter. I hope you will continue to keep me informed on issues of importance to you. If you should have any additional comments or questions, please feel free to contact my Washington, D.C. staff at (202) 224-3841. Best regards.Sincerely yours,Dianne FeinsteinUnited States Senator

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