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20 December 2007, 12:31 pm
#1
Attorneys general oppose bill repealing 2006 law
WASHINGTON -- Attorneys general from 43 states have come out against a bill to roll back a ban on Internet gambling.
In a Nov. 30 letter to congressional leaders, the National Association of Attorneys General expressed "grave concerns" about a bill by Rep. Barney Frank, D-Mass., that would repeal the 2006 ban and appoint the Department of Treasury to regulate online wagering in the United States.
The attorneys general praised the ban, saying it has driven many illegal gambling operators from the American marketplace.
"But now, less than a year later, (Frank's bill) proposes to do the opposite, by replacing state regulations with a federal licensing program that would permit Internet gambling companies to do business with U.S. customers," the letter said.
More on the story here.... http://www.lvrj.com/business/12655291.html
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GamTrak (20 December 2007)
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