DUBLIN, May 8 /PRNewswire/ -- Leading European bookmaker Paddy Power is offering odds on the possiblelegalisation of internet gambling in the US. There is increasing speculationthat overseas companies may return to the US if a newly drafted online gamingbill by Republican Barney Frank gains the required cross-party support.

Paddy Power are offering odds of 4/7 that the Online Gaming Bill forpoker will get the green light and be signed into law by President Obama in2009. They are also offering odds of 6/4 that the Online Gaming Bill forsports betting will be signed into law during Obama's first term.

Paddy Power said "Punters seem to think that Presidents Obama's fondnessfor playing poker may help get the gaming bill over the line. We've taken somany bets so far that we're already looking at a payout in excess ofEUR10,000 (USD$14,700) should the online poker bill getting the thumbs up bythe end of the year."

The cheeky bookie is also offering bets on which American State willfirst veto the bill should it be successfully passed into legalisation. Biblebashing Utah is the 2/1 favourite following by Nevada at 4/1.

        Online Gambling Bill    4/7 Online Gambling Bill (Poker) to be signed into law by President Obama        in 2009    6/4 Online Gambling Bill (Sports Betting) to be signed into law during        President Obama's first term        First State to opt out if Bill is passed        2/1 Utah    4/1 Nevada    6/1 New Jersey    6/1 Texas    8/1 Louisiana    8/1 Tennessee    10/1 Arizona    16/1 Pennsylvania    20/1 California    20/1 Illinois    25/1 Florida    25/1 New Mexico    33/1 New York    33/1 Washington DC    33/1 Massachusetts

About Paddy Power plc - Paddy Power, founded in 1988 by the merger ofthree existing Irish high street bookmakers, is listed on both the Irish andLondon stock exchanges. Since launching their online betting portal,paddypower.com, in 2000, they have emerged as one of the leading Europeangaming brands. In that time, Paddy Power's online gaming business hasextended its offering to poker, casino, financial spread betting, skill andfixed odds gaming products. Paddy Power takes an unconventional approach tobetting and gaming believing them to be firmly rooted in the leisure andentertainment space. As such its mission is to make betting fun. The companyis renowned for their inventive marketing and advertising campaigns.

        For more information contact;    Ken Robertson,    Paddy Power plc,    Tel: +353-1-4045-915,    Mob: +353-87-8528-718.