Gambling News by House of Odds

Morning Edition , April 16, 2007 Rep. Barney Frank, a Massachusetts Democrat, wants Congress to repeal a law that effectively bans online gambling by making it illegal for credit card companies to process online gaming receipts. The World Trade Organization rejected the law, enacted in 2006.Online Gambling Law May Be Bad Bet (NPR)

The chairman of the U.S. House Financial Services Committee is expressing skepticism about the chance of overturning a controversial online gambling law.Plans to overturn Online Gambling ban (UPI)

Frank, a Massachusetts Democrat, who leads the House Financial Services Committee, told reporters Thursday the online gambling bill passed last fall was "one of the stupidest things I ever saw."Lawmaker slams Online Gambling ban (Albuquerque Tribune)

Think global warming will raise the oceans enough to submerge Cape Hatteras? Want to bet on it? An online gambling service has started taking bets on global warming, including whether it can submerge some of the East Coast's top vacation spots.Online Gambling on Global Warming (The Daily Comet)

Sports betting is rapidly becoming one of the most popular forms of online gambling, and theres a good reason for it too.Sports Fans in a Virtual Gambling World (Online Casino Reports)