US Asked To Halt Online Gambling Rules - WebProNews

[I Heart Gambling Online]

The Bush Administration is working to finalize regulations to enforce a ban on Internet gambling despite concerns raised by banks calling the regulations ambiguous, burdensome and unlikely to stop Americans from gambling online.
U.S. Asked To Halt Online Gambling Rules

House Financial Services Committee Chairman Barney Frank (D-MA) wrote to Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernake asking them to delay implanting regulations concerning the Unlawful Internet Gambling Enforcement Act (UIGEA).

"I am deeply disappointed to hear that your agency is proceeding with what I consider to be unseemly haste in issuing regulations implementing the Unlawful Internet Gambling Enforcement Act," Frank wrote.

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