Barney Frank to Continue to Push HR 6870
Posted on: November 7th, 2008 8:00 pm | By: helenWith so much at stake as the results of the election have come in, it is hard to know where to begin. Folks inside the online gambling industry, however, have not missed a beat in keeping tabs on the elected citizens who are supposed to be working for them. Let’s take a moment to examine the political efforts of a few politicians to see who stands where on the issues most important to the industry.
One of the most dedicated and best-known politicians who stands firmly in support of the online gambling industry is a democrat from Massachusetts named Barney Frank. As the 2008 congressional session was winding down, he was diligently pushing forward HR 6870, a revised version of the Payment System Protection Act through the House Financial Services Committee.
The aim of the bill is to define the parameters of the Unlawful Internet Gambling Enforcement Act (UIGEA) so that the do’s and don’ts are much more clear for regular citizens to understand.
Fortunately for the online gambling industry, Frank won the election handily, beating out his Republican opponent Earl Sholley by 68% to 25%. If HR 6870 does not come to the forefront in the midst of a lame duck session during these last few months of 2008, it will have to be reintroduced come 2009, as with any pending legislation. And no one is in a better position to lead that fight than Barney Frank. Although there are several issues that will have to be addressed first in this time of severe economic woes, hopefully issues related to online gambling will be addressed in a timely manner.
