Just a few short days ago, Rep. Barney Frank finally had his day to be heard in Congress when the house and finances services committee passed Frank’s measure. The proposal that Frank brought to the table involved the regulation and licensing for online casinos in the United States. Although Frank has come up against much intense criticism and obstacles throughout his fight for getting this legislation passed for online casino gambling, now it seems that progress is being made and the momentum is finally on his side.

Many different politicians stepped into introduced several amendments to the original proposal and those were debated by several members of the committee. In the end, several of these amendments that have been proposed to supplement the gambling legislation were added into the mix.

One of the claims by one of the congressmen indicated that there should be a clause specifying that all sports betting including sports betting that takes place at online casinos is still illegal. It’ll be interesting to see how much this particular addition to the proposed piece of legislation will be taken into account when gamblers and sports betting fans go to their favorite online sites and try to play their hearts out and go for the glory.

This bill would effectively repeal all of the efforts set in place by the UIGEA. This comes as a major boost for the future of online casinos and gambling in America. It will be interesting to see how far Frank can progress from this point in time. The action is definitely heating up at this point in time.

Tags: Barney Frank, online casino legislation in u.s., UIGEA

This entry was posted on Friday, August 13th, 2010 at 4:02 pm and is filed under Online Gambling. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.