Representative Barney Frank Introduces The IGREA
26 April 2007
April 26, 2007 Breaking News – Representative Barney Frank today introduced the Internet Gambling Regulation and Enforcement Act of 2007. This act would create an exemption to the ban on online gambling for properly licensed operators, allowing Americans to lawfully bet online as reported by Gambling911
The IGREA establishes a federal regulatory and enforcement framework to license companies allowing them to accept bets and wagers online from individuals in the U.S. to the extent permitted by individual states, Indian tribes and sport leagues. All such licenses would include protections against underage gambling, compulsive gambling, money laundering and fraud.
The Congressman believes his legislation will raise billions of dollars in taxes that can be earmarked for healthcare and other domestic legislation. Talking to reporters yesterday Mr. Frank said “It’s a terrible idea and there are a large number of people who think it is a terrible idea,” “I don’t know how it ends. The worst that happens is that enough anti-gambling busybodies will be less inclined to interfere in people’s lives.” “The existing legislation is an inappropriate interference on the personal freedom of Americans and this interference should be undone,”
Although brick and mortar casinos and other forms of legalized gambling already exist in nearly every state, the UIGEA left Americans who gamble online without meaningful consumer protections. Representative Frank’s proposed legislation would institute practical and enforceable standards to bring transparency to Internet gambling and provide consumers the protections they expect and deserve.
22 July 2010Positive Hearing on U.S. Internet Gambling Regulation
In three months the Unlawful Internet Gambling Enforcement Act (UIGEA) will turn 4 years old. The regulations put in place to govern how to enforce this law just came into effect in June and now, finally, Barney Frank and his bill HR 2267, the Internet Gambling Regulation, Consumer Protection, and Enforcement Act is moving forward to try and change it.Read full article
06 August 2010HR226 Gets Another Co-Sponsor in Congressman John Campbell
Most are hailing the passing of HR 2267, The Internet Gambling Regulation, Consumer Protection, and Enforcement Act last week as a victory for getting some kind of regulation for online gambling in the U.S. The next step is getting the consideration of the full House of Representatives. Today that next step got more support in the way of Congressman John Campbell (R-CA) who added his name to the growing list of co-sponsors to the bill that now total 70. In last week’s hearing Rep.Read full article
10 August 2007US Online Act (IGREA) Gets PRESIDENTIAL Endorsement
Supporters of Barney Frank’s “Internet Gambling Regulation and Enforcement Act ” gets important commentary endorsement. Games and Casino’s very reliable resources tell us that this could be a major help in the IGREA and iMEGA getting the response needed to halt the UIGEA.Read full article