Barney Frank on Leno Discussing Online Gambling
03 September 2010
There have been many politicians that have taken to the stage with Jay Leno and chatted about various issues and trying to get there point across to his demographic. Bill Clinton, Arnold Schwarzenegger, Fred Thompson, Ron Paul, Sarah Palin and even President Obama have all sat in the chair across from Jay with varying degrees of success.
The last to do it was Rep. Barney Frank who has recently gotten his online gambling regulation bill (HR 2267) through the House Financial Services committee, which he chairs, clearing the way for a full debate in the House of Representatives.
Of course the topic of online gambling came up to which Congressman Frank pointed out:
“If you have someone who wants to play online poker on the internet, the government says it’s illegal. Why we think it’s the governments business is beyond me, we could make billions a year by legalizing online gambling and taxing it.”
You can hear the interview here where Jay actually takes the other side, whether he is playing devil’s advocate or he is promoting his own views has not come out as of yet.
14 May 2010Canadian Man Pleads Guilty in U.S. Online Gambling Charge
Douglas Rennick, a Canadian man, has pleaded guilty to a count of processing offshore bets of U.S. citizens. Originally Rennick was looking at a charge of conspiracy and bank fraud. He had allegedly laundered $350 million dollars for overseas internet gambling companies. Rennick was indicted in August and on Tuesday entered a guilty plea to the one charge in New York Federal court. Part of the plea was forfeiting $17.1 million and a possible prison term of 6-12 months.Read full article
02 June 2010France to Award 30 Licenses for Online Gambling
Today the government of France approved a new online gambling bill. The bill passed the French parliament by a narrow 299-233 vote. The French will grant only 30 licenses to operate online casinos and poker rooms within its borders. Though it is now official and France says that licenses will be granted in time for the 2010 World Cup, not everyone is excited about the French market.Read full article
09 June 2010France Issues 11 Licenses For Online Gambling
France acknowledged that 11 companies have been granted license and have been registered to conduct online sports and horse race betting as well as online poker within France. According to Arjel president Jean-Francois Vilotte, the regulator of gaming in France, “There were 35 requests for licenses and we have retained 17 at this stage. None have been formally rejected.Read full article