Long Lunch Break Delays Frank's Online Gambling Bill Markup Until Wednesday
The online gambling community expected that Tuesday would be a big day for possible changes to US laws regarding Internet gambling. Those hopes have been put on hold until Wednesday after two other bills and a lengthy lunch recess took up much of today.
Representative Frank proposed the Internet Gambling Regulation, Consumer Protection, and Enforcement Act earlier this year, but the economic recession has taken precedence in the House Finance Committee. With many of the economic decisions having been made, Frank turned to the online gambling bill last week.
At a hearing on the bill, supporters and opposition voiced their approval and concerns over the proposed legislation. As CGW reported on Monday, much of the focus of the markup on Wednesday will revolve around licensing of Internet gambling companies.
A group of lawmakers that are in favor of regulated Internet gambling in the country, are against giving licenses to sites such as PartyPoker and Full Tilt Poker. These sites have been mentioned in connection with still allowing US players although the Unlawful Internet Gambling Enforcement Act has gone into effect in June.
Rep. Frank's bill was supposed to be discussed and voted on at Tuesday's House Finance Committee session. two bills that were on the docket before the gambling bill took up most of the morning. Legislators then broke for what amounted to be about a three and a half hour lunch break.
When they reconvened, the legislators voted on H.R. 4868, the Housing Preservation and Tenant Protection Act of 2010, which passed the Committee. The Internet gambling bill will be the first issue discussed when the session resumes on Wednesday.
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