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Wanna Bet? Internet Gambling Ban Debated

Friday, 13 Apr 2007 | 2:25 PM ET

Rep. Barney Frank (D-Mass.) said Thursday that he is pushing to lift the ban on online gambling within the next few weeks. Lawrence Walters, attorney specializing in Internet gambling law, and Barrett Duke, board member of the National Coalition against Legalized Gambling, joined “Morning Call” to debate whether the U.S. ban on online gambling should be lifted.

Internet Gambling Debate
Rep. Barney Frank brings the Internet gambling ban back to the table, and Barrett Duke, Natl. Coalition Against Legalized Gambling board member; Lawrence Walters, Internet gambling attorney; and CNBC's Mark Haines discuss the pros and cons of the ban

Duke told CNBC’s Mark Haines, “The Internet provides the most predatory and pervasive form of gambling.” Duke believes that the Internet Gambling Act, which was passed into law last October, was passed with overwhelming support and had an immediate positive impact. “Gambling is a devastating activity for those who get addicted,” said Duke.

Walters believes that the Internet gambling ban was a bad idea from the start. “This ban has negative implications on U.S. participation in the global economy,” Walters said. He added, “Prohibition is always wrong. The online gambling ban should be repealed.”