the Internet gambling bill passed 41-22!

[chilidog]

http://twitter.com/SafeandSecure

[Fishhead]

Ok, what does this accomplish????

[SlickFazzer]

http://www.bloomberg.com/news/2010-07-28/house-panel-passes-frank-backed-measure-to-legalize-some-internet-gambling.html

[chilidog]

you can read the press release here:

http://www.safeandsecureig.org/news/press_releases/10-07-28_Billpasses.html

this is awesome news!

[THE PROFIT]

Im a slow reader & they wrote that too fast!

give me the cliffs notes!

[jjgold]

[konck]

what does this mean exactly will the gambling site be run by good companies and not underworld faks?

[chilidog]

wow, you guys didn't know there was a major vote today to legalize online gambling in the states?

[konck]

Will the online site be monitored by a gaming commission that is legit an not on a payroll ?
If this is the new begining im quitting my job and fleacing the suckers

[Fishhead]

House Committee on Financial Services took a critical step forward in passing Internet gambling legislation by voting to approve the Internet Gambling Regulation and Consumer Protection and Enforcement Act (H.R. 2267), legislation introduced by Committee Chairman Barney Frank (D-MA








WHOOPIE............

[konck]

I just want to know if they can take the underworld out of it....I doubt it

[Chi_archie]

does this need to go through the house of reps and the senate and Obama?

[Fishhead]

[Fishhead]

does this need to go through the house of reps and the senate and Obama?

Expect passage in 2.4 years.......or veto.

[capitalist pig]

I believe this quote from the Bill pretty much sums it all up as far as this not helping the offshore industry "allowing U.S. residents to place online bets with companies licensed by the Treasury Department".

later

[JuicedUp]

So the costa ricans are fukked?

[Fishhead]

Nobody is aided or helped more than they were 84 hours ago................on either side.

[ToNyyy]

Still a long process but at least they are going in the right direction.

[xyzky]

[B]

WHOOPIE............

Well...It's a step in the right direction...

[sportsfun]

nice! maybe tide turning.

[thezbar]

This seems to involve poker not sports betting. Not a big deal for off shore in the short term.

[katstale]

This bill is not intended to help sports betting, but many pieces of legislation have unintended consequences. If some version of it passes eventually and helps poker players and casino players move funds effortlessly thru banks and ewallets....... u can be sure that sportsbooks will benefit.

Due to tight margins in the Senate, I would suspect it would not pass as a stand alone, but a lot of stuff makes it thru attached to something else.

[Jrod124]

yeah means nothing, see me in 3 years