Hopes still alive that HR 2267 will be heard before current session of Congress ends

Posted under Uncategorized by admin on Monday 19 October 2009 at 6:41 pm

It’s cutting things rather fine online casinos, but hopes remain that Congressman Barney Frank’s bid to regulate online gambling in the United States – Bill HR 2267 – will be heard before the current session of Congress closes.

This week the sixty-first sponsor of the bill, US Representative from the 1st Congressional District of Connecticut, John B. Larson, signed up as a supporter of the bill.

Larson’s support follows the latest behind-the-scenes moves which saw 20 politicians on Capitol Hill writing to the Federal Reserve governor and the US Treasury urging them to delay the final implementation of the Unlawful internet gambling Enforcement Act regulations on December 1st until there has been an opportunity to debate and resolve problems already being experienced by financial institutions charged with enforcing the Act.


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