Barney Frank Online Gambling Bill Hits Sixty Co-Sponsors

Representative Barney Frank reached a milestone on Thursday when he picked up his sixtieth co-sponsor for proposed legislation that would change the online gambling laws in the US. Representatives Bennie Thompson and Adam Smith became co-sponsor numbers fifty-nine and sixty on Thursday.

The Frank proposal came a couple of months ago but has been put on hold in Congress while Frank's Financial Services Committee dealt with the economy. This week, however, Frank did some behind the scenes work for the Internet gambling issue.

Frank and eighteen other bipartisan lawmakers sent a letter to Federal Reserve Chairman Ben Bernake and Treasury Secretary Timothy Geithner, urging for the delay of the Unlawful Internet Gambling Enforcement Act rules.

The rules are set to go into effect on December 1st, but the lawmakers believe that financial institutions have enough to worry about with the economy. These lawmakers are looking to delay the law from taking effect by one year, that would give them the time necessary to overturn the UIGEA.

Congressman Thompson has joined the battle on Thursday when he became the fifty-ninth co-sponsor. Thompson represents the Second District of Mississippi, further showing that support for Frank's Bill is coming from all parts of the US.

Representative Smith became the historic sixtieth co-sponsor. Smith is from the Ninth District of Washington. The sixty co-sponsors are comprised of representatives from both the Republican and Democratic parties. Many Senators have also come out in recent months in favor of a change in the US' online gambling laws.

October 2, 2009
Posted By Tom Jones
Staff Editor, CasinoGamblingWeb.com
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