The Financial Times is obviously more focused on
matters of a financial nature. However, just because money gets mixed with
affairs does not keep the Financial Times from reporting on the issues at hand,
which usually results in digging up a bunch of dirt. Although there is still
probably a whole bunch more dirt to uncover, the Financial Times recently
reported the National Football League is courting the religious right to drum up
support for the Unlawful Internet Gambling Enforcement Act (UIGEA) in light of
increased support of the Internet Gambling Regulation Enforcement Act (IGREA).
Actually, the more accurate statement is that the
NFL is trying to garner opposition against the IGREA. Nothing short of
scandalous and unethical, the NFL, which already benefits from fantasy sports
betting carve outs in the UIGEA, is guising its campaign as a cause for family
values. According to the report, top lobbyist and advisor for Republican Bill
Frist (who spearheaded the passing of the UIGEA by discreetly including it in
the Port Authority bill having to do with national security) Bill Wichterman, is
doing rounds amongst conservative groups to co-sign an anti-IGREA petition
authored by the Christian right group, Focus on the Family.
In the meantime, however, support continues to grow
for Congressman Barney Frank's legislation calling for the U.S. Crimes
Enforcement Network to be charged with monitoring online casinos doing business
in the U.S. and individual State's to have the right to decide whether or not to
regulate online gambling in the first place. A recent article in the New York
Post titles "Web Gambling - tax it, don't ban it", brought attention to the fact
that the U.S. Treasury Department, who has the responsibility of tracking
counterfeit money, protecting the President and investigation terrorist
financing, now has the trivial responsibility of stopping people from playing
cards on the internet. Aptly put, the point is that there are much bigger fish
in the sea that online casinos for the U.S. Treasury to deal with.