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Frank's Letter of Expectation

Congressman Barney Frank is a U.S. Congressman who is good to have on your side – he is one of the online casinos and poker industry’s strongest allies at this point and is pioneering efforts to educate U.S. politicians on the intensely negative effects of the 2006 UIGEA. The UIGEA banned banks and financial institutions from processing online casinos gambling transactions with offshore and foreign internet gambling operators. And beyond efforts to neutralize the UIGEA, now Frank and Congressman Ron Paul are working together to force the U.S. Trade Representatives to release details of trade concession agreements with several other nations affected by the UIGEA.

The two Congressman released the letter they sent to the Schwab’s office, which detailed not only expectations for additional information on why the trade concessions are protected as a matter of national security, but a belief that Schwab is using the “national security” tactic as a way to avoid international scrutiny. The U.S.’s online casinos issue is a sticky debate all over the world, and the letter remarks, “If this is merely an attempt to avoid revealing the cost of these trade concessions, either because they would be viewed too costly by the United States or not costly enough by the negotiating countries, this Freedom of Information Act denial on the grounds of ‘national security’ would appear to be a misuse of the FOIA process.”

This is the attitude that many online casinos industry analysts have taken; most doubt that the national security claims are in fact legitimate. Frank and Ron Paul conclude the letter with assertions that the withdrawal of GATS commitments “was a mistake, because it is in furtherance of a policy - the UIGEA - which is an inappropriate interference with the personal freedoms of American citizens that we are working to undo." There is every likelihood that Congressman Frank and other politicians will succeed in reversing the UIGEA and instead licensing and regulating online gambling in the country.

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