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WASHINGTON, July 21 /PRNewswire-USNewswire/ — Dr. Jeffrey L. Derevensky, a leading professor at McGill University, contends that Rep. Spencer Bachus (R-Ala.) incorrectly cited the university’s research on gambling addiction in arguing for the continued prohibition on Internet gambling. Derevensky in fact believes that the regulation of online gambling is an opportunity to put in place safeguards to combat problem and underage gambling.

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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.

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H.R. 5767 Dies in Committee

A bill that would have forced Federal officials to decide if online poker should be considered gambling failed to make it past the House Financial Services Committee in June. Instead, Barney Frank and Ron Paul’s H.R. 5767 “Payment Systems Protection Act,” which would have stopped the implementation of the Unlawful Internet Gambling Enforcement Act (UIGEA) until the federal government defined exactly what constitutes online gambling, was met with a 32-32 vote that broke along party lines, with a few notable exceptions.

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There may be a time when the online poker industry is completely legal and regulated by the U.S. government, but dont expect it to happen anytime soon.

Last week the House Financial Services Committee defeated a bill submitted by congressmen Barney Frank, D-Mass., and Ron Paul, R-Texas, that would have helped put online poker on the fast track for legalization.

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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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Washington, D.C. (June 25, 2008) – Former Senator Alfonse D’Amato, chairman of the Poker Players Alliance (PPA), the leading poker grassroots advocacy group with over one million members nationwide, today issued the following statement on the House Financial Services Committee’s failure to pass H.R. 5767, the “Payment Systems Protection Act,” by a vote of 32-32.
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Wednesday, the House Financial Services Committee will review a bill, H.R. 5767, that would block the implementation of UIGEA regulations. In order to get this bill out of Committee on onto the House Floor, we need your help. We need you to contact the committee and express your support for H.R. 5767, as well as the King amendment which will refine the bill language. PPA strongly supports H.R. 5767 and the King amendment, but this important bill and amendment won’t pass without your help! (more…)

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A United States bill targeting the Unlawful Internet Gambling Enforcement Act is scheduled to be amended by the House Financial Services Committee next Tuesday, a process which has already drawn criticism from professional sports leagues and religious conservatives.

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