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Reply To: Barney Frank Launches New Challenge on UIGEA

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Anonymous
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Update on markup in today’s hearings, theres actually 2 articles from Online Casino Advisory on the topic, haven’t seen it elsewhere, sorry if it’s already posted…

Bachus said that children had to be protected from Internet casinos, as he claimed the earlier in age one is exposed to gambling, the greater the chance that compulsive gambling develops, and the stronger the compulsion.

This is in direct contrast to today’s article in the scientific journal “Psychology and Aging’, which quotes a study by Rutgers University’s Center for Gambling Studies that found elderly adults exposed to gaming for the first time are four to five times more likely to suffer problem gambling than those exposed at an early age.

http://www.onlinecasinoadvisory.com/casino-news/online/bachus-continues-attack-on-online-gambling-1969.htm

William Lacy Clay, a Democrat from Missouri, said Congress should avoid passing laws like the UIGEA which are largely unenforceable. Noting that Spencer Bachus claimed sports leagues were still united against the new bill, even though it still banned sports online wagering, Clay pointed to the hypocrisy involved, as sports gambling is readily available at Vegas sportsbooks….

These valid arguments were followed by a near unanimous vote to allow the bill to pass markup and proceed to full committee vote later today.
http://www.onlinecasinoadvisory.com/casino-news/online/frank-gambling-bill-passes-markup-1970.htm