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Election day 2010 finally arrives on Tuesday, and that is bad news for online gamblers who were hoping that Internet gambling regulations would be passed in Congress. With control of the House likely to change, online gambling regulations may be dead for the foreseeable future.
The Democratic-led House has had two years to try and overturn the Unlawful Internet Gambling Enforcement Act of 2006. The ill-advised law was put in place by a largely Republican Congress, and if Republicans win back control of the House, it is unlikely they will repeal their own law.
Representative Barney Frank and his allies in the House Financial Services Committee have spent most of the past two years dealing with the floundering economy in the US. The attention to the economy has caused Frank to neglect his online gambling legislation.
The Democrats have had the opportunity to tie the Internet gambling law to another bill, much like the Republicans did back in 2006 to create the UIGEA, but as of yet that has not been done. There is a small chance that the Democrats push through the law in the lame-duck session before the end of the year.
Read entire article here
The Democratic-led House has had two years to try and overturn the Unlawful Internet Gambling Enforcement Act of 2006. The ill-advised law was put in place by a largely Republican Congress, and if Republicans win back control of the House, it is unlikely they will repeal their own law.
Representative Barney Frank and his allies in the House Financial Services Committee have spent most of the past two years dealing with the floundering economy in the US. The attention to the economy has caused Frank to neglect his online gambling legislation.
The Democrats have had the opportunity to tie the Internet gambling law to another bill, much like the Republicans did back in 2006 to create the UIGEA, but as of yet that has not been done. There is a small chance that the Democrats push through the law in the lame-duck session before the end of the year.
Read entire article here
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