Browse by Tag - UIGEA
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Barney Frank's bill passed in the house.
September 18, 2008I 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
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Barny Frank's Bill Seems To Weaken The Gambling Ban.
April 14, 2008No body could have thought that some one will get up against the unlawful internet gambling enforcement act in United States, ever since it was passed in the year 2006 Oct. Barny Frank is talk of the town nowadays, he is the man who is behind IGREA that will enforce regulated online gambling in United States.
Recently Barny Frank who introduced bill HR 5767 has already gained a massive support of 48 co sponsor and ready to take a fight against UIGEA. Frank further added that UIGEA is impossible to implement and banks cannot trace each and every transactions related to online gambling.
Barny Frank said " every adult has right to spend his or her money in what ever form unless and until its effects his or her family and society.
