Words you never thought you would see on this blog – but which are true in this case.

Legislation that would lift an online gambling ban imposed by Congress last year was introduced on Thursday by the chairman of the House Financial Services Committee.

Calling the Internet gambling prohibition "imprudently adopted," Democratic Rep. Barney Frank of Massachusetts outlined a bill to make it legal again for banks and credit card companies to make payments to online gambling sites.
"The fundamental issue here is a matter of individual freedom," Frank told a news conference, adding his committee would hold a hearing on the matter in June.

The bill includes provisions for licensing and regulating online gambling companies to protect against underage gambling, compulsive gambling, money-laundering and fraud.

I said it was a stupid law when it passed, and I still believe that to be the case. Repeal the online gambling ban NOW!

Posted by: Greg at 10:44 AM | No Comments | Add Comment
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