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April 29, 2009

Ban on Internet Gambling to be lifted?

From an article at Fox News (http://www.foxnews.com/story/0,2933,518277,00.html )

WASHINGTON - U.S. Rep. Barney Frank, chairman of the House of
Representatives Financial Services Committee, said on Tuesday he would introduce a bill next week to overturn a three-year-old U.S. ban on Internet gambling.

The legislation, likely to be opposed by anti-gambling Republicans, would overturn a law imposed during the Bush administration that has hurt U.S. trade ties with the European Union. Frank said the bill was being drafted this week.

"We'll be introducing it next week and I plan to move on it," said Frank, a Democrat, speaking at the Reuters Global Financial Regulation Summit in Washington.

Posted by fatbill at April 29, 2009 09:42 AM

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