Democrat proposes lifting federal ban on Net gambling

It’s been about six months since the federal government put a ban on internet gambling and Democrats are already proposing lifting it.

“Rep. Barney Frank, a Democrat from Massachusetts and chairman of the House Financial Services Committee, on Thursday introduced a bill that would replace the current broad prohibition with strict regulations, including criminal background checks and financial disclosure, imposed on companies that seek to offer legal Internet gambling.

“The existing legislation is an inappropriate interference on the personal freedom of Americans and this interference should be undone,” Frank said. His bill is called the Internet Gambling Regulation and Enforcement Act (PDF).”

I have never personally gambled online, however my roommate did gamble online playing poker for over a year straight. Over that period of time, he made well in to $20,000 and would have made more had regulations banning gambling never been put in. I don’t see a need to prevent the gambling as long as it’s done right and legally. I think this bill is on the right track.

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