According to the eGaming Morning Snapshot of 4Â February, US Democrat Barney Frank is launching an offensive to roll back legislation against online gambling passed under the Bush administration, reports the Financial Times.
The chairman of the House financial services committee will reintroduce a bill in the next few weeks to establish a licensing and regulatory framework for online gambling operators.
Frank said the prospects for his bill, discussed in the last session of Congress but not voted on, were greater than before because public opinion was now demanding the right to gamble online. Frank also said he expected UIGEA regulations making it illegal for financial institutions to process online gambling transactions, finalised during the final days of the Bush administration, to be among the measures Congress will look to rescind.
Thank you Barney! The Bush administration definitely put forward its best effort to restrict the freedoms of the American people throughout its 8 year tenure. It’s great to see our leaders now attempting to win our liberties back. Online gambling is just one of a laundry list of items that the government needs to stop wasting money fighting, and start earning money licensing.
Thanks for taking the time to comment Jeff, I couldn’t agree more.
What I am pleased to see is the game of poker winning many small victories across the US at present.
All I can say is that I hope poker’s run of form continues and soon the Nanny staters and UIGEA fold so we’re able to enjoy the fruits of our labour and some liberties together at the tables.