Anthony Cabot, a highly respected Las Vegas lawyer known for his extensive knowledge of the Internet gaming industry, this week voiced his opinion on the likely influence that presidential candidates McCain and Obama may have on the industry if elected.
In an interview with the Las Vegas Business Press he spoke on the chances of reversing the controversial Unlawful Internet Gambling Enforcement Act following the election of a new US president in November.
The law is designed to halt or disrupt "illegal" online gaming financial transactions and criminalises the transfer of funds from illicit online gambling, but excludes horse racing and places the burden of enforcement on the US financial services industry without precisely defining what an "illegal" transaction is.
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