Alabama state Republican Representative Spencer Bachus has come out swinging against proposed regulation of the online gambling industry in the USA. The ranking member of the House Financial Services Committee has issued a negative response which comes as no surprise as he was one of the key players in the creation of the Unlawful Internet Gaming Enforcement Act.
Rep. Bachus’ website states, " Mr. Bachus is an author of the Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006, which banned the use of credit cards and other financial instruments from being used for illegal on-line gambling." The passing of the controversial bill at the very tail end of the Bush administration was pushed through the Congress without debate either in committee or on either floor of National Congress. Bachus has not commented on the fact that the UIGEA did not receive due consideration before being enacted.
Frank's bill will at least be debated in the Congress so all interested parties are given a chance to be heard from.
What are your thoughts on this bit of news?? If you want, you can read the full article here...













LinkBack URL
About LinkBacks


Reply With Quote
Bookmarks