Here is some good news for the Online Gambling Industry. We need to email and tell our Congressmen and Senators the way we feel on this issue!
The Bill presented by Barney Frank, to stop the enforcing of the UIGEA by the Federal Reserve and Treasury Department, has gotten more support from Congressmen.
Five new supporters have joined with Frank, to give a big push. Among these new supporters is, Russ Carnahan from Missouri, Michael Capuano from Massachusetts, Ed Perlmutter from Colorado, Charles Gonzalez from Texas, and Joe Baca from California. All of these want to undo the damage the UIGEA Bill caused.
After hearing testimony at the Financial Committee in April, it showed all the flaws and the lack of efficacy in the Bill, created a lot of confusion, especially from Bankers. This all showed the impossibility of enforcing this bill.
Other Nations around the world are protesting the unfair trade practices created by the UIGEA Bill. They are and have presented cases to the WTO (World Trade Organization) and are under review.
A Quote by Tom Weston of the Online Casino Advisory says it all: Is this really even debatable? Should the country fight to enforce a problematic prohibition, spending millions, or accept the popular will as well as reality and allow freedom to citizens while generating monies for the Treasury?
I could not have said it any better Tom!! Let’s all ban together and let our country know how we feel.