Barney Frank to Reintroduce Internet Gambling Bill

Barney FrankAs the 111th Congress in the U.S. has started to get to work under new president Barrack Obama, House Representative member Barney Frank has recently expressed interest to reintroduce legislation that is set up in order to counter the effects of the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA).

The newspaper for the United Kingdom, the Financial Times, recently reported that Frank wants to, “reintroduce a bill in the next few weeks to establish a licensing and regulatory framework for online gambling operators.” A bill like this will probably be similar to the Internet Gambling Regulation and Enforcement Act of 2007 (IGREA), which was introduced by Frank during the previous Congress. The IGREA had some support in Congress, which included having 48 co-sponsors even though the bill never was voted on in Congress.

The IGREA is of interest to poker players, as the bill wanted to both license and regulate all types of Internet gambling, not only skill games, such as bridge, mahjong, and, of course, poker, which was the main focus on other types of anti-UIGEA bills that were proposed during Congress’ previous session under the Bush administration. Online poker players are hoping that the new administration will repeal the UIGEA, which would regulate the online gambling industry as well as bring in significant amount of money to the government.

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