excerpt:

WASHINGTON — Despite a stunning setback in his effort to roll back a ban on Internet gambling, Rep. Barney Frank, D-Mass., says the issue is not going away.

“At this point, Im waiting to see what the Republicans, who voted against this, plan to do after getting the heat for killing it,” Frank said this week.

Opponents of the ban were oozing confidence on June 25 as the House Financial Services Committee prepared to vote on an amendment to stop federal agencies from drafting regulations to enforce the online gambling ban that Congress passed two years ago.

The question was not whether the amendment by Rep. Peter King, R-N.Y., would pass, but how large the margin would be. If it proved large enough, the King amendment could have come up for a vote on the House floor before Congress adjourned this year.

But the amendment died when the committee split along party lines and delivered a 32-32 tie.

Click here to read more:
ReviewJournal.com – Business – Sure thing: Online bet battle will continue

Author Contact Info: Tony Batt

Leave a Reply

You must be logged in to post a comment.