|
PokerPages > Poker News > Poker News
Poker News - Poker News
Search News:
Barney Frank says No Carve Out for Online Poker during Repeal of UIGEAFri, Apr 13th, 2007 @ 12:00am U.S. Rep. Barney Frank stated that he will present a bill within two weeks to repeal the Unlawful Internet Gambling Enforcement Act (UIGEA), but will need much more time to gain support for the bill and would not seek a carve out for online poker. "I think a reconsideration among my colleagues is beginning," he said to European reporters in Belgium during his overseas visit this week. "It's not far enough along yet so I wouldn't move the bill but I plan to introduce the bill and if the storm of public unhappiness is great enough, I will try to substantially revise that ban." Congressman Frank, a senior Democrat who is chairman of the powerful House financial services committee that oversees financial services, told reporters earlier that the online gambling bill passed last fall was "one of the stupidest things I ever saw." UIGEA was attached to an unrelated but "certain to pass" Port Security Bill last October just before a Congressional adjournment for electioneering, and made it illegal for financial institutions to handle transactions between online gambling companies and US residents. The UIGEA caused widespread disruption in the U.S. market and was responsible for substantial investor and corporate losses on processors and public online gaming companies registered on the London stock exchange. "I want to get it [UIGEA] undone. I plan to file legislation," Barney said, explaining that he would lay out his plans in the next couple of weeks but would not move them forward until other lawmakers are on board. However, Frank noted that his House Financial Services Committee by itself could not do more than lift the ban on using credit cards to pay for Internet gambling. "My committee only has jurisdiction over credit cards. I can't do more than repeal the ban on the use of credit cards. We don't have jurisdiction generally over the Internet or other aspects of this," Frank said. In addition, he rejected a carve out that Poker players have been lobbying for, similar to the way the UIGEA currently exempts using the Internet to bet on horses and sports fantasy games or buy Lottery tickets. Frank said he was "unpersuaded" to work for such a carve out. "I am not going to draw a distinction between poker and blackjack," Frank said. Read Related Articles:
More Poker News Articles
Keikoan Captures Harvey's Lake Tahoe WSOPC Championship 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 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 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 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.
Durrrr Signs as Team Full Tilt's Youngest Member Tom "durrrr" Dwan is the newest member of Team Full Tilt, the online site's highest level of affiliation. At 23, Dwan is the youngest of the now 14-person team. The high stakes cash phenomenon was nominated for induction this year into the Poker Hall of Fame until the Hall of Fame Governing Council decided he was too young to meet the "has stood the test of time" qualification.
Joe Cada Becomes Youngest World Series of Poker Main Event Champ History was made early Tuesday morning in Las Vegas as 21-year-old Joe Cada outlasted Darvin Moon in heads-up play to claim the 2009 World Series of Poker Main Event bracelet and more than $8.5 million.
Moon and Cada Heads-Up, Ivey 7th at WSOP Main Event Final Table After a marathon session at the most esteemed table in the poker world, a 21-year-old and a logger are set to go one-on-one for the World Series of Poker Main Event bracelet.
PokerStars Launches New UK and Ireland Poker Tour PokerStars.com has announced the start of a new poker tour with stops throughout the United Kingdom and Ireland. The UK and Ireland Poker Tour (UKIPT) will kick off in Galway, Ireland in mid-December, and the first event in the UK will be held in Manchester in February.
Peerless Media Agrees to Purchase World Poker Tour Enterprises According to a Monday press release, WPT Enterprises Inc., mothership of the World Poker Tour, is now the rightful property of Peerless Media, Ltd., subsidiary of online giant PartyGaming.
Tiffany Michelle and Maria Ho Hit the Amazing Race Rail After surviving six legs of the Amazing Race by the skin of their teeth, poker pros Tiffany Michelle and Maria Ho were finally eliminated in the CBS reality show's most recently aired episode. Michelle and Ho, the last women standing in the 2008 and 2007 World Series of Poker Main Events, gave reality television fans another chance to watch poker personalities compete away from the felt. Annie Duke garnered quite a following earlier in the year on another reality show competition, NBC's Celebrity Apprentice. |
 Online Poker »
Poker News »
Blog Coverage
Top News
Keikoan Captures Harvey's Lake Tahoe...
WSOP Main Event Champ Joe Cada to Appear... First Korean Champ of Asia Pacific Poker... Top Tournaments
|
Discuss this article in our forum
Print this article
All Poker and free play poker content ©2009 Advanced Global Applications, LLC. All rights reserved.
If you or someone you know has a gambling problem, visit either: National Council on Problem Gambling or Gamblers Anonymous International Service