Home	Tutorial	Online Casino Reviews	Best Online Casinos	Casino Software	Casino News

Online Casino Gambling --- Casino News

They Want it to Stop

The United States is a hotbed of online casinos gambling activity now that the Unlawful Internet Gambling Enforcement Act (UIGEA) has openly come under attack at last month’s Congressional hearing. The Congressional hearing was designed as a way for industry experts and those sectors that would be affected by the proposed UIGEA regulations to speak out in support or opposition of the regulations – the opposition was overwhelming. On April 10th Congressmen Barney Frank and Ron Paul introduced the controversial bill HR 5767 which will effectively stop any branches of the government from implementing enforcement regulations for the UIGEA online casinos gambling ban.

The Congressional hearing seemed to conclude that the UIGEA is simply unenforceable as it is currently written and that to implement the currently proposed regulations would place a huge burden on the banking industry. The UIGEA is designed to stop financial transactions between online casinos and U.S. financial institutions. The hearing though largely showed that the banking industry and financial sector would be held almost entirely liable for upholding the UIGEA.

This conclusion and overwhelming evidence that showed that the UIGEA is fundamentally flawed is what prompted Congressmen Frank and Paul to so quickly introduce HR 5767 after the conclusion of the hearing. The online casinos gambling industry and the U.S. itself is not well served by the UIGEA, and the new bill would act as a first step toward implementing new U.S. policies concerning internet gambling. According to recent reports, the bill already has 10 co-sponsors signed on in support, and many anticipate that more will pledge their support as the bill makes its rounds in Congress.