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US Situation Analyzed

The US online casino gambling situation is one of those areas that has been analyzed to no end it seems – but because the landscape of the US situation continues to change, there is a need to continue watching the US government’s actions. The most recent updates for this year is undoubtedly the PartyGaming situation. Additionally, the European Union has begun to more aggressively pursue the new administration and lobby hard for a change in the legislation that illegal forces foreign online casinos out of the US market – even the World Trade Organization has sided with the foreign companies and demanded that the US government alter the UIGEA to fall in line with international trade obligations.

Other situations arising on the landscape right now center on the efforts made by Barney Frank to repeal and/or neutralize the UIGEA and instead bring out a licensed and regulated US online casino gambling industry. Frank announced at the beginning of the year his plans to reintroduce pertinent bills into Congress in the month of April. Now May, Frank is still on the attack and still is now pushing his primary bill in Congress that would legalize online casino gambling and bring the US legislation in line with what the international community is calling for.

As for the online casinos that were unfairly forced to leave the US gambling market – despite some initial setbacks back in 2007, many of these major brands that excited the market are now doing quite well and have managed to bounce back from the setback. Some online gambling sites have refused to leave the US market – many of these sites are now aggressively pursued by the US Department of Justice and will face some heavy fines if executives or employees of the company are caught on US property.