EU Seeks Repeal Of UIGEA
Posted on: June 28th, 2009 2:33 pm | By: helenSince the European Union has come out with its stance on what should happen for the future of online casinos within the United States, it seems that Representative Barney Frank is jumping to call attention to the increasingly international movement to get the Unlawful Internet Gambling Enforcement Act repealed once and for all. There are many forces at work in this battle. The anti-casino gambling activists are extremely vocal and well-connected politically, but the support for the effort to get online casino sites regulated, legalized and taxed within the United States is growing momentum on a daily basis.
Of course, many people were given a great deal of hope when President Obama came into office since everyone is under the impression that his stance toward online casinos will be much more positive and transparent than the dodgy and constitution-bending style that the Bush Administration addressed this issue with. The European Union has stated that they are against the current policies that America has in place because they discriminate against casino sites that are owned by businesses outside of the United States.
This essentially serves to violate the global trade compacts that everyone relies on to keep the international business exchange fair and upright. The Bush Administration stepped all over the global trade rules with the UIGEA and the EU is calling on Obama to make it right. Of course, he has a lot of important issues on his plate right now so it will be interesting to see how long it takes for the current administration to address the casino gambling situation in America.
Tags: european union, UIGEA
