Internet gambling bill seen delayed in Senate

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And if the Road Warrior says it, it must be true..
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By Tom Ferraro
WASHINGTON (Reuters) - A bill to outlaw most forms of Internet gambling appears unlikely to win U.S. Senate passage before senators begin a month-long recess on August 4, two Republican leadership aides said on Tuesday.
They said backers of the legislation were trying to build support for it and resolve differences as the Senate focuses on other legislative matters and gets ready for a summer break.
The bill was not among the priorities outlined by Senate Majority Leader Bill Frist, a Tennessee Republican, during a session with reporters on Tuesday in which he laid out measures he hopes to wrap up before the August vacation.
"I don't expect it (Senate passage of the Internet gambling bill) to happen in the next two weeks," one Republican aide said.
"It's always a possibility, but right now it is not on the schedule," another aide said.
Backers of the legislation had hoped to swiftly push it through the Senate this month after the U.S. arrest of David Carruthers, the former chief executive of U.K.-listed BETonSPORTS, on charges of racketeering and conspiracy.
The Senate bill is virtually identical to legislation overwhelmingly approved earlier in July by the U.S. House of Representatives. It would prohibit most forms of Internet gambling and make it illegal for banks and credit card companies to make payments to online gambling sites.
The horse racing industry has some concerns with the legislation, one gaming source said.
Sen. Jon Kyl, an Arizona Republican, tried to fast-track passage of the bill in the Senate by getting unanimous consent to approve it but some lawmakers objected, according to sources following the matter.
Kyl told reporters on Tuesday that supporters of the bill are making progress toward resolving the objections. He declined to elaborate.
Congress has relatively few work days left this year because of the congressional elections scheduled for early November. Lawmakers are scheduled to return from vacation in September for several weeks, then adjourn again before the elections, and then The Republican-backed bill has been criticized by some as an election-year appeal to the party's conservative base.
Supporters of a crackdown on Internet gambling say legislation is needed to clarify that a 1961 federal law banning interstate telephone betting also covers an array of online gambling.
Among the priorities listed by Frist were passage of an energy and defense appropriations bills and possibly a military construction appropriations bill and an extension of the estate tax repeal.
(Additional reporting by Jeremy Pelofsky and Peter Kaplan)

http://ca.today.reuters.com/news/newsArticle.aspx?type=technologyNews&storyID=2006-07-25T212112Z_01_N25445382_RTRIDST_0_TECH-LEISURE-GAMBLING-CONGRESS-COL.XML
 

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NOW that is good news...if it gets to sept...we only need to wait a few more weeks for it to get dropped...wonder what the odds are of it passing now ??? can not be better then before?
 

And if the Road Warrior says it, it must be true..
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Does anyone find it ironic that Peter Kaplan contributed to this story...wonder if there is any relation to "G" Kaplan...LOL
 

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kyl is going to have problems because it doesnt include state lotteries, horse racing and scratch offs etc... if they are so concerned with gambling and say its a corruption of our morals then he needs to include ALL forms of gambling and they wont include that!!!
 

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It will never get passed. Electioneering objective was already achieved by the partisan passage in the House, it no longer serves any further purpose.

To truly pass it, they'd have to spend too much time cutting in all the gaming special interests (horse racing, dog racing, state lotteries, etc...); which is what the WTO says makes it a violation of general trade agreements.

And if it did get passed, they couldn't do the same thing again and again and again every two years. They'd lose too good an issue to rabble-raise their contintuents and the same time demonstrating their ineffectiveness (given the bill won't stop online gambling one bit).

Passing this bill is not and was never its purpose, just raising it and passing it from the House to the Senate. The inclusion of liability for financial institutions guarantees it's a non-starter.
 

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Adam Selene said:
It will never get passed. Electioneering objective was already achieved by the partisan passage in the House, it no longer serves any further purpose.

To truly pass it, they'd have to spend too much time cutting in all the gaming special interests (horse racing, dog racing, state lotteries, etc...); which is what the WTO says makes it a violation of general trade agreements.

And if it did get passed, they couldn't do the same thing again and again and again every two years. They'd lose too good an issue to rabble-raise their contintuents and the same time demonstrating their ineffectiveness (given the bill won't stop online gambling one bit).

Passing this bill is not and was never its purpose, just raising it and passing it from the House to the Senate. The inclusion of liability for financial institutions guarantees it's a non-starter.

The version of this bill passed in the House of Reps. EXCLUDES horse racing. If the Senate version INCLUDES horse racing.....it's DOA!
 

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Whoson1st said:
Originally Posted by Adam Selene
It will never get passed. Electioneering objective was already achieved by the partisan passage in the House, it no longer serves any further purpose.

To truly pass it, they'd have to spend too much time cutting in all the gaming special interests (horse racing, dog racing, state lotteries, etc...); which is what the WTO says makes it a violation of general trade agreements.

And if it did get passed, they couldn't do the same thing again and again and again every two years. They'd lose too good an issue to rabble-raise their contintuents and the same time demonstrating their ineffectiveness (given the bill won't stop online gambling one bit).

Passing this bill is not and was never its purpose, just raising it and passing it from the House to the Senate. The inclusion of liability for financial institutions guarantees it's a non-starter.


The version of this bill passed in the House of Reps. EXCLUDES horse racing. If the Senate version INCLUDES horse racing.....it's DOA!

I hope you're right. But don't forget this is Washington in an election year and both the House and Senate have similiar political leanings . Also, I have read that US reps. at the WTO have claimed that the US government has never agreed to allow Internet gaming into its territory under the General Agreement on Trading Services.

The liklihood of a Senate bill passing is higher than you think.
 

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Not happening. No way. This shit isn't even making the news because there are 100 other much bigger issues right now.

Every missile that gets launched somewhere makes it more likely that this law does not see the light of day.
 
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I spoke with some money managers who gave it less than a 10% chance of passing.
 

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At what point would you estimate that this particular bill is officially "dead"? End of September? End of year?
 

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I thought the 2 bills were in sync with each other. NOW I read that the Senate bill INCLUDES Horse Racing and the House bill did not.
R U KIDDING ME? This is exactly the amendment that Shirley Barkley or whatever from Nevada tried to get in and they said it "was a poison pill".

I think there is some wrong info somewhere here!
 

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kwalder said:
Also, I have read that US reps. at the WTO have claimed that the US government has never agreed to allow Internet gaming into its territory under the General Agreement on Trading Services.

They can say whatever they want but both the lower panel of the WTO and the Appellate Body of the WTO ruled without question that the United States has made commitments in their schedule to allow cross border gambling. They argued like crazy on that point and lost cold before both panels.

Some of these reporters throw that out there like it is still a live issue. It's amazing. You can't believe everything you read. Today the NY Times in an article by a reporter I have spoken to on more than one occasion sais I was convicted for taking bets in Costa Rica. I have never been anywhere near Coata Rica in my life.
 

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I love how these self-styled holy rollers always make this exception for horse gambling. I believe Moses came down with that on his tablets..."Thou shall not gamble on anything except for the nags and state lotteries" :missingte
 

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I am in TOTAL shock now. I keep reading all over that the 2 bills are virtually identical. Tonight I read the Senate Bill does not exclude HORSE RACING! If that's idential in any respect, I must be living on another planet.
Where do these people come up with this stuff!
 

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Dante said:
...wonder what the odds are of it passing now ???

You can get the yes side for +356 at Tradesports...

TTinCO said:
I spoke with some money managers who gave it less than a 10% chance of passing.

which makes the no side at -562 a good bet, although the hold until January 2007 makes it less attractive.
 

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Whoson1st said:
I am in TOTAL shock now. I keep reading all over that the 2 bills are virtually identical. Tonight I read the Senate Bill does not exclude HORSE RACING! If that's idential in any respect, I must be living on another planet.
Where do these people come up with this stuff!
The only problem is if the Senate would pass the House version thinking they could ban horses at a later time...
 

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Whoson1st said:
I am in TOTAL shock now. I keep reading all over that the 2 bills are virtually identical. Tonight I read the Senate Bill does not exclude HORSE RACING! If that's idential in any respect, I must be living on another planet.
Where do these people come up with this stuff!

I thought the same thing...anybody know the facts on the horse racing exemption in the senate bill?
 

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Vegas Player 777 said:
I thought the same thing...anybody know the facts on the horse racing exemption in the senate bill?

Yeah the DOJ aint going for it thats what.
 

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Even if they are not identical...who knows? It wouldn't be the first time George Bush signed a bill not passed by both chambers of Congress :puppy:
 

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