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Frank Considering Bill to Repeal Online Gambling Ban

Rep. Barney Frank (D-Mass.), chairman of the House Financial Services
Committee, said on Thursday that he plans to provide more details in coming
weeks on possible legislation that would overturn the U.S. Internet gambling
ban, Reuters reported. "I'm not ready to give you more details, but I will
be by next week or so.There's no urgency on it," Frank told Reuters. A
representative for Frank told Reuters that he has not drafted a bill and has
no timetable for action. Online gambling by U.S. citizens was outlawed by
legislation signed into law last October by President Bush.