Posts Tagged ‘Ron Paul’

June 20, 2008

How a Bill May or May Not Become a Law, Part 5

UIGEA fixer-upper/TRO faces first vote-hurdle next week

Poker Players Alliance Executive Director John Pappas did another one of his WSOP fly-ins for a couple days — manning the hallway booth and meeting with pros — but much of his time was spent away from the Amazon and in his room at the Rio, on the phone/computer/Blackberry with Rep. Barney Frank (D-MA) et al. about HR 5767 — which is scheduled to be voted on in committee Wednesday or Thursday. While getting this bill on the agenda brings the notion of pre-UIGEA poker one step closer to reality, the measure also faces the threat of being voted down and derailed ’til next year or never.

It’s supposedly an all-in push that should hold up … and if HR 5767 — co-sponsored by Rep. Ron Paul (R-TX) and 17 19 others — passes muster in House Financial Services, of which Frank is the chair, then it moves to the floor of Congress for a vote — preferably having shown strong bipartisan support in committee.

So what does this mean for you, the non-political poker types who are fine-and-dandy with playing unofficial WSOP satellites on Full Tilt and PokerStars? More fish, basically … and poker industry people would in some way or another have a say in what may or may not constitute Unlawful Internet Gambling that the Treasury Dept. could look into/stop. (You know, like online site owners who peek at hole cards … that should be unlawful, right?)

More…

Posted by DanM at 7:33 pm

April 20, 2008

Perspectives Weekly

In this week’s episode:

What are the SSIGI and HR 5767?
It’s Bob Goodlatte’s Worst Nightmare…
Barney Frank and Ron Paul have introduced HR 5767 to target the financial powers of the UIGEA, and they are receiving the backing of several prominent groups including the SSIGI… or the Safe and Secure Internet Gambling Initiative.

ePassporte Pushed Out of Industry…
Another one bites the dust…
Last Friday ePassporte abruptly abandoned their US Customers with little explanation. This week we learn that the US Attorney’s Office in New York has been putting the screws to them. Imagine that!

Legal Online Gambling in the US?
It’s no lie…
American citizens can use credit cards and ban accounts to fund their online gambling activities at this site that the US Government not only knows about, but actually encourages you to play at!

Posted by J. Todd at 7:14 pm

April 13, 2008

Frank & Paul: Anti-UIGEA Superhero Duo?

Since the UIGEA became law, poker has desperately needed a superhero to save it. With the U.S. government breathing down our necks, it’s been uncomfortable and a bit scary.

Some organizations have played significant roles in attempting to come to our rescue. The Poker Players Alliance (PPA) and the Safe and Secure Internet Gambling Initiative are lobbying on our behalves, but it was going to take some actual members of our Congress to stand up and gain support for our cause.

We seem to have two of them in Rep. Barney Frank (D-MA) and Rep. Ron Paul (R-TX). Not only have them spoken out against the UIGEA, but they have now proposed new legislation to stop it. H.R. 5767 was introduced on Thursday, April 10th, to prohibit the implementation of UIGEA regulations by banks and financial institutions, basically rendering the UIGEA ineffective.

Read the press release from the House Committee on Financial Services here.

Could poker’s superheroes be Frank and Paul? Bet on it.

Now is the time for the poker community to step up and show their support for H.R. 5767. Tell your Congressional representatives to back this legislation and push it through. The PPA and SSIGI websites make it easy to do.

PPA provides a simple form here, as does SSIGI here.

Posted by California Jen at 9:16 am

April 12, 2008

New House Bill to Stop UIGEA

On Thursday, we read that one of our favorite poker podcasts, Beyond the Table, was “out with a fizzle.” And apparently that’s fo’ shizzle. The skies suddenly had grown ominously dark. Would we ever smile again . . . ?

Well, here’s what looks to be a ray of hope. (At least for those of us who like to play online poker.)

Late this week, Rep. Barney Frank (D-MA) and Rep. Ron Paul (R-TX) proposed a new House bill, H.R. 5767, the sole purpose of which is to stop the feds from finalizing regulations for the Unlawful Internet Gambling Enforcement Act of 2006. The bill comes on the heels of last week’s Congressional hearing at which multiple witnesses — including several representatives of U.S. payment systems and a couple of those involved with authoring the regs — communicated pretty loudly the unfeasibility of the UIGEA in its current state.

In fewer words than this post contains, H.R. 5767 pithily prohibits “the Secretary of the Treasury and the Board of Governors of the Federal Reserve System from proposing, prescribing, or implementing any regulation” the feds come up with regarding the UIGEA. As yesterday’s press release from the House Financial Services Committee states, “it was clear at the [April 2] hearing that the regulations are unworkable for the financial services industry, and this bill would, therefore prohibit their implementation.“

No word as yet on how fast this sucker may climb its way up the Congressional ladder, but given the overwhelming response against the UIGEA following last week’s hearing, it seems H.R. 5767 may have a lot more initial backers than those other anti-UIGEA bills (like Frank’s Internet Gambling Regulation and Enforcement Act).

We’re happy, right? Okay, so we’re not laughing ’til we wet ourselves. But we are smiling again. I guess there’s life beyond Beyond the Table . . . .

Posted by Short-Stacked Shamus at 4:06 pm