US online gambling back on the table?

[hugegrowth]

Rep. Barney Frank said on Thursday he will give details in the coming weeks on possible legislation to repeal a ban imposed last year on online gambling.

http://news.yahoo.com/s/nm/20070315/wr_nm/gambling_congress_dc_3

hold onto those casino domains if you still have them!

 

[DomainsInc]

That would be great news. Though i think somehow they are going to make sure its US based businesses that are able to profit.

 

[Keynes]

This will take years, and it won't mean business-as-usual...it will mean regulated online gambling, led by US-based firms

 

[Gerry]

The one thing the bill did not touch are US based brick and mortar casino and gambling in general like dog and horse tracks.

If there is a repeal, this proves what I have said all along...it is the gaming industry that was behind the push to ban it and lining the pockets of the legislators to begin with.

Now, about a year later, we see an effort for a possible repeal? Why? Because the very industry that the bill sought to protect are perhaps see their own profits dipping down thanks to their own stupidity...YEAH! we got an online ban

fast forward 1 year later...:doh:

 

[GAMEFINEST]

if there is money to be made, it will pass...