Barney Frank's bill passed in the house.
Thursday, September 18, 2008 23:06I can say, its a good news, yes, only good news, that Barney Frank's internet gambling bill H.R. 6870 cleared the house, but it will be great news if the bill clears the senate and signed by president George Bush.
Barney Frank's Payments System Protection Act bill, will now enter senate and we hope it gets green signal from the members of the senate. Bill if passed by the senate will give banking and other financial institution's a ray of hope as they have suffered massive due to current UIGEA payment processing rules.
Current UIGEA rules surcease all payment processing firms such as banks and financial institution's from making any transaction to online gambling industry. All the best Barney
.


95/5 this bill bombs in the senate.
Don't get your hopes up...