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13 CONGRESSMAN SUPPORT HOLD ON UIGEA REGS
Political interest in HR 2266 - the Reasonable Prudence in Regulation Act proposed by House Financial Services Committee chairman Barney Frank - is reportedly growing, with 13 Congressmen and women already signed on a co-sponsors.
Launched on May 6th, the proposed legislation seeks to suspend the much delayed and controversial operational regulations supporting the Unlawful Internet Gambling Enforcement Act to December 2010 until more clarity is achieved and the outcome of a further bill proposing to regulate and licence online gambling in the USA is known.
Sponsors for HR2266 so far include:
Shelley Berkley (D-NV)
Tim Bishop (D-NY)
Joseph Crowley (D-NY)
Bob Filner (D-CA)
Michael McMahon (D-NY)
George Miller (D-CA)
Steven Rothman (D-NJ)
Bobby Scott (D-VA).
Ron Paul (R-TX)
Carolyn McCarthy (D-NY)
James Moran (D-VA)
Charles Rangel (D-NY)
Congressman Frank's main attack on the UIGEA, his HR 2267 Internet Gambling Regulation, Consumer Protection, and Enforcement Act introduced on May 6, has currently signed 26 co-sponsors - early days, but well short of the 43 co-sponsors Frank signed up for his previous and unsuccessful attempt to overthrow the UIGEA.
Industry observers hope that the current HR 2267, which supports the autonomy of individual states, excludes sportsbetting but seeks to legalise and regulate online gambling in the United States, thus rendering the contentious UIGEA largely redundant, will have a better chance of success. This is due to a more enlightened Democrat-controlled Congress and individual states keen to find new sources of tax revenue to combat the recession.
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Gambling News :
Tom Horn Awarded Malta Gaming License -
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.
Calvin Ayre invests in new Antigua Business Center -
Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.
Attack of the Zombies Slot -
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.
Why is FullFlush Poker Still Down -
Its now almost a month since Full Flush Poker went offline "for a platform upgrade" and stopped communicating with its reportedly many unpaid and unhappy players. All trace of the operator - and means to communicate with it - have vanished.
Time Running Our For Pennsylvanian online gambling -
Hopes that this week would see the Pennsylvanian Senate voting on an online gambling and DFS legalization bill already passed by the House four months ago dwindled Wednesday when no progress was made and the legislatures season officially closed.
Yggdrasil Gaming Expanding -
The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.
FanDuel and DraftKings Settle With NY Attorney General -
Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
Stan james Now Live With EPOS -
The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.
Singapore Online Gambling Ban Begins -
Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.
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