Good News for Online Poker and Gambling Barney Frank Unveils Bill to Challenge UIGEA

Things have been a little quiet lately since the passage of of the Unlawful Internet Gambling Enforcement Act or so it seems. Finally, after weeks of speculation, Democratic Congressman Barney Frank has today introduced the Internet Gambling Regulation and Enforcement Act of 2007 that would create an exemption to the UIGEA for properly licensed operators. This is very good news to all of us. According to an official press release, "The Act establishes a federal regulatory and enforcement framework to license companies to accept bets and wagers online from individuals in the US, to the extent permitted by individual states, Indian tribes and sport leagues. All such licenses would include protections against underage gambling, compulsive gambling, money laundering and fraud." Following the introduction of the bill, Mr Frank explained, "The existing legislation is an inappropriate interference on the personal freedom of Americans and this interference should be undone." The proposed legislation would institute practical and enforceable standards to bring transparency to Internet gambling to provide appropriate consumer protection. No applicant would receive a license unless the following requirements with respect to any Internet bet or wager, are met: . Safeguards to ensure the individual placing the bet or wager is 18 years of age or older . Safeguards to combat fraud and money laundering and compulsive gambling . Mechanisms to ensure all appropriate taxes and fees are collected from individuals and the licensees . Safeguards to ensure that the individual placing the bet or wager is physically located in a jurisdiction that permits that form of Internet gambling This is very good news for poker players, gambler's and anyone who believes in protecting their rights. So I suggest you call and/or write your congresspeople immediately to voice your support of this bill right now. Poker Resources Featured Poker Rooms: Absolute Poker Full Tilt Poker UltimateBet PokerStars Learn to Play Poker Profitably the right way: Sit N Go Pro Outstanding Poker