Comments Sought on Proposed Internet Gambling Rules

[trigger]

http://news.bloodhorse.com/viewstory.asp?id=41086

Comments anyone?
http://www.federalreserve.gov/newsevents/press/bcreg/bcreg20071001a1.pdf

[rrbauer]

This will be an unpopular opinion.

I think that we should force the Feds to either crap or get off the pot where the application of the interstate gaming law is concerned. To do that, ALL Internet gambling should be held to the same standard. Either it's ALL legal; or, it's ALL illegal. The Horseracing Act "exemption" is not an exemption in the view of the Justice Dept. (or Congress). So we have a "wink" law. Horse racing is OK but Football is verboten. Youbet is OK but Offshore Charleys is verboten. But, we have yet to see push become shove.

What do WE THE PEOPLE want? Here's a perfect opportunity for EVERYBODY at this board to provide DIRECT input into the process.
This is an opportunity that we don't get everyday and remember that this legislation was done as a last-minute piggyback on another bill and as such
received ZERO debate in Congress. Here's the link again that Trigger provided above. The relevant information about the issue and the direct link information for providing comments are all contained within the first 3 pages.

http://www.paceadvantage.com/forum/newreply.php?do=newreply&p=428999&noquote=1

[NoCal Boy]

I doubt there will be any action on internet gambling until the next president is elected. It is not an election year issue.

I believe the DOJ has to take the position it does in order to be consistent. We all realize where racing would be without ADW and simulcasting. The aspect that people lose sight of with the DOJ argument is it would effectively shut down all interstate simulcasting, not just ADW. Under the DOJ's interpretation, the Wire Act applies to all interstate wagers. THis means a wager at a track or OTB in NY on a race in California as well as an ADW wager placed in NY on a race in CA. You might as well shut down racing and the horse industry in general under that interpretation.

The only way I envision any restrictions would be formal action by Congress. This is very highly unlikely as McConnell of Kentucky is very influential as are Senators from prominent racing states. This is why the NTRA does not want the IHA tampered with in any manner for jockey issues, etc. As is, the IHA works just fine. You have plain language and past practices supporting existing activities that are critical to the horse industry.

[betovernetcapper]

My kneejerk reaction is to send them 20 page comment on the evils of crapnet, but I think that's a little irresponsible. This is something I have to ponder.

http://i202.photobucket.com/albums/aa62/beherethen/jk_official.jpg

[Gibbon]

Barney Frank introduced his own bill in April to repeal the ban and require the Department of Treasury to regulate online wagering sites.... http://www.lvrj.com/business/10200121.html



Attorney General's Oppose Legalized Gambling
BALTIMORE, MD (October 1, 2007) – Attorney General Douglas F. Gansler, together with Florida Attorney General Bill McCollum, sent a letter of grave concerns about H.R. 2046... http://www.oag.state.md.us/Press/2007/100107.htm


Everyone should write to their senator and congressmen expressing support for Barney Frank. No emails, old fashion letters and phone calls only! We the people can reverse the anti gaming Internet bill.

[rrbauer]

I believe the DOJ has to take the position it does in order to be consistent.

Huh? Consistent?

[bigmack]

support Barney Frank.
I'm behind Barney all the way!

[jillybeans]

With the indictments being announced next week it is all so apparent that Congress will have to re-write all the Laws concerning interstate betting of horses. Offshore betting will be history.

[rrbauer]

IWe all realize where racing would be without ADW and simulcasting. The aspect that people lose sight of with the DOJ argument is it would effectively shut down all interstate simulcasting, not just ADW. Under the DOJ's interpretation, the Wire Act applies to all interstate wagers. THis means a wager at a track or OTB in NY on a race in California as well as an ADW wager placed in NY on a race in CA. You might as well shut down racing and the horse industry in general under that interpretation.



That is precisely my point. What is in place now is the result of very narrow special interests. As long as the NTRA, etc. is allowed to make endruns around the law, but support restrictions on us with regard to everything else, the playing field is very lopsided. Either you are affiliated with the industry in some capacity beyond horseplayer (some of your posts read like NTRA PR) or you enjoy having your freedoms being restricted by racetrack owners, horse owners' groups and the like.

This is an issue that deserves to be decided by those of us who put up the betting capital; wherever, whenever and whatever. And, not decided by selected enforcement of existing law and by special-interest legislation.

[kenwoodallpromos]

I'm behind Barney all the way!
LOL!!

[betovernetcapper]

With the indictments being announced next week it is all so apparent that Congress will have to re-write all the Laws concerning interstate betting of horses. Offshore betting will be history.

Hope your right-what do you base this on?

[Pace Cap'n]

A bit more on Barney Frank's bill...

Cape Cod Times (http://nl.newsbank.com/nl-search/we/Archives?p_action=doc&p_theme=ct&p_topdoc=1&p_docnum=1&p_sort=YMD_date%3Cimg%20src=%22http://www.paceadvantage.com/forum/images/UBGX/E9.gif%22%20border=%220%22%20alt=%22%22%20title=%2 2Laughter%22%20smilieid=%2220%22%20class=%22inline img%22%20/%3E&p_product=CT&p_docid=11C0EDD8DDB30700&p_text_direct-0=document_id=%28%2011C0EDD8DDB30700%20%29)

A bill that would allow gamblers to transfer money from their bank accounts directly to online gambling sites is picking up some congressional momentum.

The legislation, introduced by U.S. Rep. Barney Frank, D-Mass., in April, also provides for the federal regulation and licensing of Internet gambling. U.S. Rep. Jim McDermott, D-Wash., a co-sponsor of the bill, has introduced a companion bill that would tax reported gambling earnings and produce what he estimates is between $6 billion and $25 billion in federal revenue over the first five years.

Under Frank's bill, states and Indian tribes would have the option to prohibit Internet gambling within their borders. And, sports leagues, both professional and collegiate, could prohibit wagers on their games. The bill also requires safeguards to counteract underage gambling and gambling addiction.

Among the list of donors to the lobby for this bill--Magna Entertainment

P.S. What indictments?

[betovernetcapper]

I've been thinking about this all afternoon and it wouldn't surprise me if the anti-gambling groups sent in thousands of responses. I'm guessing that preachers might even request it in their sermons.

http://www.ncalg.org/

[bigmack]

With the indictments being announced next week it is all so apparent that Congress will have to re-write all the Laws concerning interstate betting of horses. Offshore betting will be history.
Offshore goes auf Wiedersehen & indictments include race fixing? Should make for an interesting week of next.

[Valuist]

With the indictments being announced next week it is all so apparent that Congress will have to re-write all the Laws concerning interstate betting of horses. Offshore betting will be history.

Lets not forget, horse betting is a drop in the bucket to the offshores. I don't see the offshores going anywhere.