Home

More than just online casinos are watching and hoping that Barney Frank’s latest legislation makes it all the way.  Not only did Frank introduce the Internet Gambling Regulation Consumer Protection and Enforcement Act but he also introduced legislation that will put a hold on enforcement of the Unlawful Internet Gambling Enforcement Act.

The Unlawful Internet Gambling Enforcement Act was supposed to prevent online casinos from offering their services to players in the United States.  However sloppy enforcement of a poorly designed law never really prevented that from happening.  On top of that the law began to hurt state lottery sales.

State lotteries were supposed to be exempt from the Unlawful Internet Gambling Enforcement Act.  Unfortunately, several states reported that credit card companies have blocked online subscriptions to their lotteries because of the Unlawful Internet Gambling Enforcement Act.  Online casinos will not be the only businesses happy to see the law go.

“The credit card companies and financial institutions have clumped all gambling into the same boat, and it has caused many legal forms of gambling to be blocked from payments,” said industry observer Jennifer Watson.

“That is why state lotteries are keeping a close eye on the Frank proposal.”

One of several problems with the Unlawful Internet Gambling Enforcement Act is that left it up to the financial industry to decipher the meaning of Unlawful Internet Gambling.  Banks and credit card companies do not have the capability to decipher the difference between online casinos and online lottery transactions.  Sloppy enforcement of a poorly designed law.

Casino News