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Fahrenkopf was Chairman of the Republican Party for six years while Ronald Reagan was President. He’s been the CEO of the AGA since 1995. Over the past 13 years, he’s developed a keen understanding of what challenges the AGA must overcome in order to continue to be influential in the U.S.: “We know from the public opinion polling that 80-85% of the American public has no problem with gambling. However, there’s a hardcore 15% of the population who are opposed to all forms of gambling on moral grounds. That segment is led by the Methodist Church and the Presbyterian Church, where the dictates provide that gambling is a sin. Also, too many state legislators think that gambling is the ‘golden goose.’ They believe that you can milk the golden goose by raising tax rates to levels that are untouchable.”

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California may become the first state to legalize online poker after the federal government banned online gambling, taking advantage of a loophole in federal law. Andrew Luria reports.

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[CA] CBS13 – Video: California May Legalize Online Poker (07/22/08)

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The Bryant Park Project, July 7, 2008 · Running for president is already a crapshoot, but it turns out that many U.S. leaders have also been pretty serious gambling men. Andrew Jackson, Ulysses Grant, Teddy Roosevelt, Warren Harding, and Lyndon Johnson all played poker. When he was in the Navy, Richard Nixon won enough at the game to finance his first congressional race.

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On Wednesday, the House Financial Services Committee defeated HR 5767, a bill proposed by Barney Frank and Ron Paul that would have likely opened the door for the return of legalized and regulated online poker in the United States. Instead, it’s back to square one for the internet gambling industry, which must continue to navigate turbulent waters.

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It’s been an eventful week for the online poker community. On Wednesday, the House Financial Services Committee struck down HR 5767, a bill proposed by Ron Paul and Barney Frank that would have paved the way for legalized and regulated online poker in the United States.
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