Move to end US ban on online gambling

[Shame About Ray]

Barney Frank, the chairman of the US House of Representatives Financial Services Committee, has pledged to promote a Bill to overturn the ban which was introduced by the Republican party under George W Bush. The proposal could signal a change of fortunes for UK online gaming firms which lost billions of pounds in market value after the US Congress made it illegal for banks and credit card companies to make payments to online gambling sites in 2006.

The Bill's introduction could lead to the return of UK gaming companies to the US and is expected to help to start consolidation in the online industry.

What are your thoughts on this bit of news?? If you want, you can read the full article here...

[Shame About Ray]

Gawd Bless Barney Frank!