58 Co-Sponsors, But is Frank's Internet Gambling Bill Out of Time This Year?

This past week, four more Congressional representatives signed as co-sponsors to Barney Frank's Internet Gambling Regulation, Consumer Protection and Enforcement Act (H.R. 2267), the bill to license and regulate online Poker and Internet Gambling for US residents.

The four new co-sponsors are Representatives: Lynn Woolsey (CA), William Clay (MO), Adam Schiff (CA), and Christopher Murphy (CT).

Though H.R. 2677 continues to wait to be heard before committee (click here to track the bill's progress), support continues to increase for the measure, including support from Republicans who expressed concern for individual freedoms.

There are now 58 co-sponsors for the bill to date (clich here for full list of co-sponsors- click on 'show cosponsors' toggle in Sponsor section near top).

Frank had originally said the bill would be reviewed by Easter. But his Financial Services Committee has been dealing with a much higher priority, the national economy. Committee review has since been pushed back to July, then September. Now some have remarked that it is unlikely the bill will be discussed before the new year arrives.

A second Frank bill, postponing the implementation of rules concerning the Unlawful Internet Gambling Enforcement Act (UIGEA), needs to be acted upon quickly if it is to take effect before December 1st, when the UIGEA must be implemented by financial institutions.

Read Related Article:

More Poker News Articles

UIGEA Delayed 6 Months in Temporary Victory for Online Poker
12am Thu Dec 3rd, 2009

Days before the December 1 deadline for implementing the UIGEA, the U.S. government announced a six-month postponement of the poorly defined anti-gambling regulations. The U.S. Department of the Treasury and the Federal Reserve Board jointly released a statement moving the deadline for UIGEA compliance to June 1, 2010.

Fabrice Soulier Joins Everest Poker's Pro Roster
12am Thu Nov 26th, 2009

To further strengthen its support for French poker in anticipation of the opening of that market, Everest Poker has signed renowned French poker pro Fabrice Soulier as its latest ambassador.

HHPT Co-Sponsors Bayou Poker Challenge Ladies Event Dec. 20
12am Wed Nov 25th, 2009

The HighHeelsPokerTour (HHPT), the first all women's poker tour launched on the East coast, will wrap up their 2009 schedule at Harrah's New Orleans on December 20th where they will co-sponsor the Ladies Event #14 no-limit Hold'em at 12 pm.

OPPAGA Reports on Florida's Online Poker Options
12am Tue Nov 24th, 2009

Given that UIGEA permits individual states to regulate online poker, the Florida Legislature's Office of Program Policy Analysis and Government Accountability (OPPAGA) published a report this week presenting three options available to Florida State lawmakers in order to protect consumers from unlawful internet poker: regulate it, prohibit it, or carry on with the status quo pending federal legislation.

BC Poker Champion Arrested, Charged with Manslaughter
12am Tue Nov 24th, 2009

Just two days after taking down the BC Poker Championships Main Event, Sophon Sek of Cloverdale, BC, was arrested in connection with one of the most storied crimes in the Province's history.

Local Businessman Bags European Poker Tour Vilamoura Bling
12am Sun Nov 22nd, 2009

The European Poker Tour rolled into the Casino Vilamoura last week, instantly generating the richest poker prize pool in the nation of Portugal's history.

Keikoan Captures Harvey's Lake Tahoe WSOPC Championship
12am Thu Nov 19th, 2009

This week marked the finale of the biggest annual tournament series in Northern Nevada, the WSOP Circuit championship at Harvey's Lake Tahoe. While the Main Event saw only a modest turnout, it did boast of a tough final table, and a WSOP bracelet owner as the eventual champion.

WSOP Main Event Champ Joe Cada to Appear on Letterman
12am Wed Nov 18th, 2009

The poker world will receive some late night attention tonight as "The Kid" Joe Cada, the youngest champion in the four decade history of the World Series of Poker Main Event, takes a seat next to embattled talk show host David Letterman.

First Korean Champ of Asia Pacific Poker Tour Crowned in Cebu
12am Tue Nov 17th, 2009

Another stop on the Asia Pacific Poker Tour is in the books, this time it's the APPT Cebu in the Philippines, and for the very first time a Korean player has come out on top.

Pollack Done as Commish of World Series of Poker
12am Sat Nov 14th, 2009

Just three days after crowning Joe Cada as the 2009 Main Event champion, officially closing the special 40th anniversary run of the World Series of Poker, Jeffrey Pollack has resigned his post as Commissioner of the WSOP.