Tony Batt gives us an update on the Internet gambling legislation in the US ... looks like nothing is going to happen this year.

Rep. Barney Frank, D-Mass., on Tuesday acknowledged his bill to overturn an Internet gambling ban has stalled, but he said pressure from foreign countries could revive the legislation.

Frank, who is chairman of the House Financial Services Committee, conducted a hearing on the bill in June but no further action is planned this year.

"It's not dead. It's not very active," Frank said. "It depends on whether or not there's support. I don't think there's support for it yet. It's growing."

Frank said it is up to gamblers to push efforts to overturn the ban, but then quickly corrected himself.
"I take it back. If the EU (European Union) gets into this WTO (World Trade Organization) thing, that's a lot more pressure," he said.
Also news on the study bill in this one, which Rep. Shelley Berkley (D-Nev.) believes will be passed next year.