Anti-UIGEA bill gains new sponsors in Congress
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HR 5767, which would block implementation of the Unlawful Internet Gambling Enforcement Act, has picked up seven new sponsors in the United States Congress in the last two weeks.
Most recently, representatives Steve Cohen (D-Tenn.) and Steven Rothman (D-N.J.) have agreeed to sign the bill that would stop the UIGEA from being enforced. Currently, the Treasury Department does not have rules in place to put the UIGEA into action, despite the fact that it was passed in 2006.
According to pokerpages.com:
All seven of these new cosponsors also signed HR 2046, the Internet Gambling Regulation and Enforcement Act (IGREA) Frank introduced April 26, 2007 to legalize and regulate online gambling in the United States.
Frank is now focusing on blocking implementation of UIGEA, following an April 2nd hearing (conducted by the House Financial Services Subcommittee on Domestic and International Monetary Policy, Trade, and Technology) that voiced the weaknesses, ill definition and inherent problems with the UIGEA, and echoed concerns raised in over 200 comments received during the government’s open feedback period in 2007.
