• Barney Frank Works On Legislation To Repeal Unlawful Internet Gambling Enforcement Act

    14 March 2007

    Newspaper

    eGaming Review

    The office of US Congressman Barney Frank, who is chairman of the House financial services committee, has confirmed that he is currently working on legislation to repeal the Unlawful Internet Gambling Enforcement Act.

    The news item appeared this afternoon on the Financial Times website and has been confirmed to eGaming Review by Frank’s press department. The details of how any repeal would take action have not been worked out and no timeframe was given.

    Frank is quoted as describing last autumn’s Act as one of the “stupidest laws” ever passed and adds: “I am working on legislation to cut back on this internet gambling thing… I think it’s preposterous”.

    While rumours of Barney Frank’s support for a repeal of the Act had been circulating around the egaming industry in the past few weeks, Frank himself had not confirmed or commented on them. Shares in PartyGaming, 888 and Sportingbet were all up this afternoon.

    The FT says the mid-term Democratic victory in the US Congress brought some hope to the online gaming sector and John Conyers, chairman of the House judiciary committee, is also considered sympathetic to the industry.

    But while Frank and Conyers are “powerful potential allies, it is far from clear that the lawmakers would have enough support to pass any meaningful legislation” because it is not clear “whether the votes would be there for a regulatory bill”.

    The FT adds that the US treasury is currently drafting the rules to implement the Act but that the deadline for presenting them has been missed and is now expected in April or May.

    Related News

    • Design works gaming lands kindred group content deal gc %281%29

      Gambling News

      Design Works Gaming Agrees Deal with Kindred GroupIvan Stefanovic26 July 2021

      Design Works Gaming (DWG), the Arizona-based casino provider, has increased its European market through collaboration with Malta-based casino provider, Kindred Group. According to the deal, Design Works Gaming agreed to supply Kindred with its premium games that are created to boost excitement and bring the atmosphere of Las Vegas nightlife. More than 80% of DWG’s titles have unique game attributes and very good math models.

      Read full article
    • German punter hits stunning 255000 at frank casino

      Slot Winners

      German Punter Hits Stunning โ‚ฌ 255.000 At Frank CasinoGamesAndCasino14 October 2020

      A lucky German punter, who deposited €150 into his account at Frank Casino, raised €255.000 after playing one of his favorite slot machines, Jammin Jars created by Push Gaming. The winner signed up at Frank Casino in August on the recommendation of the casino streamer. He told the casino team that this is not his first big win as he has won large sums with other casino providers in the past. With money from previous successes, he bought an apartment.

      Read full article
    • New frank   fred casino sees official launch

      New Casino Sites

      New Frank & Fred Casino Sees Official LaunchJesse Eddleman06 August 2018

      Back in May, we covered the upcoming casino release for Frank & Fred, and it's finally here. Players are able to finally sign up and check out a great set of promotions and deals. This is the sister site to brands like SlotV Casino and others, and it's going to be interesting to see how players adapt to their loyalty program and other perks that are available. Software Platform

      Read full article