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House delays vote on Barney Frank’s bill to legalize online poker
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More bad news for online poker players has come out of Capital Hill today concerning Barney Frank’s two bills to help legalize and regulate online poker, and to repeal the UIGEA legislation passed in 2006. House members will not vote on the bills until at least September; and possibly later.
The reasons trickling in have centered on the current financial crisis, and Frank, as the head of the House Financial Services Committee, needing to focus his attention on larger matters. However, it’s no secret that UIGEA has several key backers who would loathe the passage of Frank’s legislation. The NFL is one such group, publicly stating its disdain for legalized online gambling of any sort –including online poker—and vowing to fight any such legislation tooth and nail.
With over 35 co-sponsors, the bill seemed to be gaining momentum: Especially after the very unpopular decision by the US Attorney’s Office in NY to seize some $34 million belonging to poker players. Poker players can only hope that the current fervor will not die down from the passage of time.
Still on the horizon is iMEGA’s court battle with the US Government. Arguments are set to begin on July 7th, in Philadelphia where iMEGA is seeking to have the UIGEA legislation ruled unconstitutional on several different grounds; most notably vagueness.
Read more of Steve’s articles at RUFFPOKER.COM & RAKEBACKFTW.COM
For the latest poker news read Steve’s reports at POKERFORUMS.ORG
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