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04-12-2008, 11:55 AM
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| Staff  Join Date: Feb 2008
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|  WSJ falls in behind push for regulated US online gaming industry ... - bingostreet.co
Major US business and financial publication the Wall Street Journal has published an article in which it seems to support the concept of a regulated and licensed online gambling industry in the US that would replace the current regime dominated by UIGEA. In an op-ed article, the Journal comments that the current proposal by Congressman Barney Frank to exchange UIGEA with his Internet Gambling Regulation and Enforcement Act (IGREA) is a step in the right direction in resolving the many problems brought about by UIGEA. Should the US eventually reverse its current anti-online gambling policy, online bingo games operators and online bingo halls from the rest of the world would be able to re-enter the lost US market. Online bingo was badly hit by the implementation of UIGEA in late 2006. Read more of this online gambling article here...
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