Rep. Barney Frank has finally been able to have his bill heard by the House financial services committee. This hearing took place on April 16 and from this day forward, there could be major shifts in store for the future of the industry of online casinos in America. Although Barney Frank has been working toward making progress in this particular realm for quite some time, he the focus on his bill has been pushed to the back burner a number of times.

It is easy to understand why this has happened considering the fact that the United States has been battling with its healthcare programs, its ongoing wars in the nations of Afghanistan and Iraq and the horribly dreary economic recession that seems to have no end in sight. But now the time for Frank’s bill to be heard has come about at last.

This could mean some major shifts in the future from line casinos and many politicians and gambling operators throughout the world are taking note of what takes place once this event comes to pass. One of the main things that the bill aims to do is to tear down everything that the UIGEA has been trying to accomplish since it first was brought into effect.

Everyone who has a vested interest in this new bill has been fighting against the UIGEA for quite sometime since it is proven to be highly ineffective and all but impossible to fully execute. Casino gambling fanatics within America are super eager and excited about having their market opened up to them. For so long now it seems that so many doors have been shut to them in terms of Internet gambling and that could change very soon.

Tags: barney frank's bill, online gambling laws in u.s., UIGEA

This entry was posted on Sunday, April 25th, 2010 at 5:08 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.