This whole issue surrounding the UIGEA has been nothing more than wasted paper thrown on the table by this administration and an insult to the American peoples intelligence. I'm just glad we have congressman Barney Frank and others who are willing to fight against this bill and do what’s right.
My opinion is, The government has known all along this bill will be repealed at some point, their just stalling for time. The UIGEA is nothing more than an attempt to stop money from going out of the USA to other countries that are easier to own and operate online casinos. The USA had no laws and regulations for businesses like online casinos or took the initiative to create them and decided to hide the UIGEA as they did. Try and stop the money flow.
I think anyone could agree that if the government put the same effort as they have with the UIGEA into creating the necessary laws to legalize online gambling in the USA the law would have passed full steam and would be done with and they would be getting their fair share of the profits story over. But instead they decided on taking the long road to riches once again. Not to smart considering their wasting tax payers money that could be used on something with a little more merit.
The whole quagmire their throwing at the financial institutions is even more ridiculous, expecting them to understand legislations that are not clearly laid out and possibly face penalties themselves I’m sure for not following the stringent guide lines just don’t make sense.
It seems the only part of the UIGEA that has made any sense all along has been the part to protect against underage and compulsive gambling.
I just hope this is all over soon! so I can play some microgaming again.
