Casino giant Harrah's Entertainment has thrown its support behind Barney Frank's online gambling legislation.

The casino company spent $405,087 in the first quarter and registered as a lobbyist to try to build support for the new proposal.

From Casino City via the Las Vegas Review-Journal:

"We really believe this industry already exists," said Jan Jones, Harrah's Entertainment's senior vice president of communications and government relations. "It just exists in a Wild West setting. If you say you care about protecting children and fraud and money laundering, then the only way you can put those protections in place is to put in a strong regulatory frame."