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Frank is Back on the Attack

Congressman Barney Frank is one of the online casino gambling industry most fervent supporters on the political level. Frank is completely and totally opposed to the US’ current policies in place that block foreign online casinos from accessing the US market at the financial level. The UIGEA had a highly controversial start and since that time has only managed to cause some major and serious strains between some of the US’s most important foreign relations. Tops on the list of countries negatively effected by the online casino gambling legislation is the EU and Antigua and Barbuda. And as negotiations between the US and these nations continues, Frank is back in the saddle this year and ready to renew his attempts to pass new legislation that will neutralize the UIGEA.

Frank has been gaining support for his online casino gambling related efforts for more than two years at this point and as the Democratic Chairman of the House Financial Services Committee, he is in a prime position to continue pressing this issue until a new resolution is found that is more harmonious and positive not only for the US financial institutions feeling the burden of the UIGEA, but also the European online casinos that have taken a major financial hit by the US’ foreign internet gambling policies.

According to Frank’s aids, the Congressmen will introduce a new online casino gambling related bill in the coming month at some point. There have been no specifics released about the details of this new bill to be presented but it will presumably resemble some of his past legislation that aims at neutralizing the UIGEA and instead giving the US a regulated and licensed online casino gambling industry.