Barney Frank
David Carruthers Gets 33 Months Jail Time in BetOnSports Case
In April, former BetOnSports CEO David Carruthers pled guilty to racketeering charges stemming from his operation of the popular online sports book. He faced up to 33 months in prison and a maximum sentence was handed down on Friday.
NBA May Reconsider Legalized Sports Betting Stance
One of the biggest obstacles in passing pro-internet gaming legislation has always been sports leagues that staunchly oppose any bill that might open the door to legalized sports betting. And when Rep. Barney Frank introduced the Internet Gambling Regulation, Consumer Protection & Enforcement Act of 2009, organizations like the NFL, NCAA, NHL, and NBA made clear their opposition by upping the ante on lobbying efforts and political action committees donations. But as Frank pushes his bill forward, the NBA has noted its intentions to ease its stance on the issue of legalized sports betting.
FBI Issues Online Poker Findings; PPA Responds
Online poker players tuned into last week’s House Financial Services Committee on internet gambling can recall a letter cited by Congressman Spencer Bachus (R-AL) that claimed online poker games could be compromised.
Internet Gambling Expert Reacts to UIGEA Regulations Delay
Over Thanksgiving, mandatory compliance with the regulations of the Unlawful Internet Gambling Enforcement Act (UIGEA) was postponed six months to June 1st, 2010. Poker News Daily sat down with internet gambling expert Nelson Rose to get his take.
Poker Industry Reacts to House Financial Services Committee Hearing
On Thursday, the House Financial Services Committee, Chaired by Congressman Barney Frank (D-MA), hosted a hearing on two internet gambling bills. Twenty-four hours later, the online poker industry has had a chance to respond.
Barney Frank’s Poker Hearing Concludes Without A Vote
In a sparsely attended hearing Thursday morning, Rep. Barney Frank delivered the case for the regulation of the online gaming industry. The 90-minute hearing featured several expert witnesses and questioning from a handful of members of the House Financial Services Committee. No committee vote was taken, and Rep. Frank concluded the meeting, saying, “We will be returning to this subject next year.”
Internet Gambling Discussed in House Financial Services Committee
On Thursday morning, the subject of internet gambling took center stage in an informative hearing in the House Financial Services Committee, Chaired by Congressman Barney Frank (D-MA). Seven witnesses participated.
Barney Frank Hearing May Shape Online Poker’s Future
Nearly seven months after Rep. Barney Frank first introduced his two poker-related bills in Congress, the Massachusetts Democrat will hold a hearing to discuss the legislation and address any concerns that skeptics might have concerning the bills.
UIGEA Hearing Scheduled for December 3rd in Financial Services Committee
In breaking news from the House Financial Services Committee, a hearing to discuss two pieces of legislation related to the Unlawful Internet Gambling Enforcement Act (UIGEA) will be held on Thursday, December 3rd at 10:00am ET.
