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Taking On the Opposition

Barney Frank is not afraid of having a little bit of a fight on his hands and this is just precisely what has one Frank the loyalty and support of the international online casino gambling industry. Representative Frank is one of the most outspoken politicians in the US right now actively fighting the UGIEA and pushing for more inclusive and workable internet gambling legislation in the US. The online casinos are banned and blocked as a part of the UIGEA and there are many politicians actively trying to perpetuate the flawed UIGEA legislation with more support regulations, rules, and policies. Frank though is constantly working to fight the UIGEA and his latest efforts include starting a letter to the Treasury Department asking that the payment processing bans delay implementation.

The letter sent to the US Treasury Department has the support of nearly 20 US Representatives who all feel that implementation of the laws that will ban the processing of online casino gambling payments would unnecessarily stress the financial institutions that already have a tough time right now because of the sagging economy. The bill outlines the issues that the Representatives have with implementing the new rules as soon as December 1st and call for the implementation to fall back for one year.

There is, naturally, a bit of an ulterior motive to Frank’s actions; Frank is still pushing his own legislation through Congress right now and there is a very real hope that Frank’s legislation, which calls for the licensing and regulation of online casinos in the US market, will pass through into law and thus neutralize the UIGEA by this time next year.