Bill to overturn Internet Gambling Stalled

US Rep. Barney Frank acknowledged his bill to overturn an Internet gambling ban has stalled, but he said pressure from foreign countries could revive the legislation. Frank, who is chairman of the House Financial Services Committee, conducted a hearing on the bill in June but no further action is planned this year.

There are 64 co-sponsors for another bill by Rep. Shelley Berkley, which calls for a one-year study of the Internet gambling industry by the National Research Council of the National Academy of Sciences--but Berkley's bill has not been scheduled for a hearing, and she said she does not expect one this year.

Berkley said she is waiting on Rep. John Conyers, D-Mich., who is chairman of the House Judiciary Committee, to introduce his own version of a bill to study Internet gambling. In addition to the bills by Frank and Berkley on Internet gambling, there are two other pending measures. Rep. Robert Wexler has proposed exempting poker and other "skill games" from an Internet gambling ban. Rep. Jim McDermott has proposed taxing Internet gambling companies if they are licensed and regulated in the United States.

Think there are some big dollars flying around with lobbyists on this one? You betcha.

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