Online Gambling Regulations Continue to be Debated

The Treasury Department delayed the implementation of the Unlawful Internet Gambling Enforcement Act last week. Due to a letter from some lawmakers requesting the delay. Additionally, lawmakers will begin discussing Congressman Barney Frank's proposed legislation that would overturn the Act. Frank said that the delay will help "undo this ill-advised law." The Act was passed by Congress back in 2006 hidden as part of a "Safe Ports" bill. The UIGA makes it "a crime for financial institutions to process transactions that are used to place bets online." The delay will last until June 2010. Poker Resources Featured Poker Rooms: Absolute Poker Full Tilt Poker Ultimate Bet PokerStars Learn to Play Poker Profitably the right way: Sit N Go Pro Outstanding Poker