Anti-UIGEA bill progresses in Congress
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HR 5767, the bill that would stop implementation of the United States’ Unlawful Internet Gambling Enforcement Act, has taken a step forward in the House of Representatives.
The House Committee on Financial Services will review and possibly amend the legislation, H.R. 5767 starting on June 24.
According to a press release from the Safe and Secure Internet Gambling Initiative:
“Congress has studied this issue and heard from the financial services community and federal regulators that the current ban on Internet gambling is burdensome and doomed to fail. Now it is time for Congress to change course and find a way to protect the millions of Americans that are continuing to gamble online,” said Jeffrey Sandman, spokesperson for the Safe and Secure Internet Gambling Initiative.
The bill still faces a considerable uphill battle, needing to pass both the House and Senate before being signed into law by the president.
