Online Gambling Legislation Hearings Set

Barney Frank's proposal to regulate Internet gambling will finally be heard before the House Financial Services Committee this Friday, April 16th. The online gambling bill has waited over a year for attention, as bigger crises have occupied Congressional attention.

In November, the Treasury suspended implementation of the UIGEA gaming ban for another six months in order to allow discussion on Frank's bill. The measure would virtually make the UIGEA moot if it is passed.

:dirol

If lawmakers approve the Bill, they would then be saddled with the responsibility of setting up the regulated online gambling. That would most likely be a lengthy process that could take years to complete.

[FONT=Franklin Gothic Medium]Well, it's still coming in small steps, but it is a form of progress nonetheless. . . :thumbsup[/FONT]

Barney Frank's proposal to regulate Internet gambling will finally be heard before the House Financial Services Committee this Friday, April 16th. The online gambling bill has waited over a year for attention, as bigger crises have occupied Congressional attention.

In November, the Treasury suspended implementation of the UIGEA gaming ban for another six months in order to allow discussion on Frank's bill. The measure would virtually make the UIGEA moot if it is passed.

:dirol

Barney Frank's proposal to regulate Internet gambling will finally be heard before the House Financial Services Committee this Friday, April 16th. The online gambling bill has waited over a year for attention, as bigger crises have occupied Congressional attention.

In November, the Treasury suspended implementation of the UIGEA gaming ban for another six months in order to allow discussion on Frank's bill. The measure would virtually make the UIGEA moot if it is passed.

:dirol