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VIDEO: Frank Unveils Internet Gambling Legislation
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[QUOTE="kidkvno1, post: 1177951, member: 43851"] [URL]http://pokerplayersalliance.org/special/dc-selected-coverage-repbarney-frank-internet-gambling-legislation/[/URL] Washington, DC - Today, Financial Services Committee Chairman Barney Frank (D-MA) unveiled legislation that would enable Americans to bet online and put an end to an inappropriate interference with their personal freedom. The Internet Gambling Regulation, Consumer Protection, & Enforcement Act of 2009 would establish a federal regulatory and enforcement framework under which Internet gambling operators could obtain licenses authorizing them to accept bets and wagers from individuals in the United States. The legislation comes in response to the enactment of Unlawful Internet Gambling Enforcement Act (UIGEA), which restricted the use of the payments system for Americans who gamble online. In addition, Chairman Frank announced today he is introducing separate legislation to delay the implementation of regulations pursuant to the 2006-passed UIGEA, which are set to go into effect December 1, 2009. The regulations were completed by the Bush Administration at the last minute, and the legislation will stop Federal regulators from enforcing the UIGEA until Congress has had a chance to decide national policy. EDIT: [/QUOTE]
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VIDEO: Frank Unveils Internet Gambling Legislation
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