Frank Gambling Bill Delayed Until SeptemberPublished June 29, 2009 by OCR Editor
HR 2267 and HR 2266 were introduced as part of a push to overturn the UIGEA.
Hearings on legislation introduced by US Congressman Barney Frank (D-MA) to overturn laws against online gambling have been delayed until at least September, according to a spokesperson for the Poker Players Alliance.
No specific reason has been given for the delay in hearings, which were supposed to begin in July, but the ongoing global financial crisis has dominated proceedings on the House Financial Services Committee, which Frank chairs and at which hearings on the gambling bills would have been held.
Frank introduced HR 2267 and HR 2266 as part of the push he is leading to overturn the the2006 Unlawful Internet Gambling Enforcement Act (UIGEA), which effectively banned Internet gambling by outlawing the transfer of funds from financial institutions to gambling websites.
The HR 2267 Internet Gambling Regulation, Consumer Protection, and Enforcement Act would regulate and license non-sports betting online gambling in the United States.
The HR 2266 Reasonable Prudence in Regulation Act aims to put the UIGEA on hold until December 2010 when the outcome of HR 2267 will be known.
A third bill, the HR 2268 Internet Gambling Regulation and Tax Enforcement Act, was introduced by Congressman James McDermott (D-WA) alongside Frank's bills.