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Spencer Bachus, the most outspoken advocate of the US’s current anti-online casino gambling legislation, has noted that he will not let the issue die in the incoming administration. The internet gambling industry lost a step in its momentum toward neutralizing some of the more negative effects of the controversial UIGEA with the passage last month of the UIGEA regulations. Just like the UIGEA itself, the support regulations were passed through as a “midnight drop.” They were an 11th hour addition to a must-pass security bill…sounds a bit familiar. The online casinos and internet gambling sites are less than pleased with the fact that few members of Congress even knew that the addition had been made. The financial services sector though is very much less than pleased and is speaking out against the regulations once again.

Through all of the protest though, you have Bachus, still standing by his actions and the fact that the regulations passed through despite an overwhelming about of objection to their first draft. Bachus noted recently that not only was he unapologetic about the method of passing the UIGEA regulations, that he plans to fight their repeal should the Democrats in the Obama administration make any attempts.

One of the biggest problems with the regulations is the fact that they could potentially hurt the already ailing financial services sectors – the US banks that have already been struggling to recover from mortgage crisis in the US. The passed regulations are very ambiguous in their description of illegal internet gambling – no information given as to specifically what types of online casinos are banned. Bachus is willing to make the financial industry decide which types of gambling are deemed illegal.