LV Review Journal: States Attorneys General opposed to Frank bill
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The Las Vegas Review Journal published an article today that detailed the efforts of over 40 State Attorneys General to derail Barney Frank’s (D-Mass) legislation that aims to repeal many provisions of the UIGEA.
According to the LVRJ article, 43 State Attorneys General signed a letter sent to congressional leaders which praised the UIGEA and criticized Frank’s attempts to roll back parts of the legislation.
The seven states whose AGs did not sign the letter: Iowa, Kentucky, Massachusetts, Michigan, Nebraska, Nevada and New York. Excerpt from the LVRJ article:
In a Nov. 30 letter to congressional leaders, the National Association of Attorneys General expressed “grave concerns” about a bill by Rep. Barney Frank, D-Mass., that would repeal the 2006 ban and appoint the Department of Treasury to regulate online wagering in the United States.
The attorneys general praised the ban, saying it has driven many illegal gambling operators from the American marketplace.
“But now, less than a year later, (Frank’s bill) proposes to do the opposite, by replacing state regulations with a federal licensing program that would permit Internet gambling companies to do business with U.S. customers,” the letter said.
The attorneys general also voiced skepticism about “opt-outs” in the bill, which would allow states to continue prohibiting Internet gambling within their borders.
