UIGEA Gets Ugly: 2

The political publication, Politico, has been in the news recently for its hard hitting stories against the US Government, particularly for their decisions regarding online casinos. What the most recent article basically says is that due to a 1996 Act instated by the Clinton administration, any decisions made by the Bush administration in the last six months of his term are up in the air and may be reversed due to the all Democratic ruled White House. The online casino industry is crossing their fingers that this will be a great change that the country will make towards legalizing online gambling in the United States again.

This is not all just hearsay, the author of the article spoke to Democratic Senator Barbara Boxer who is an aide to the Senate Environment and Public Works Committee. She is very familiar with the CRA and told Politico that the Committee will definitely consider that as a possibility when they are reviewing the most recently submitted regulations. She’s not the only one who is looking at the Act. Democrat Ed Markey who is Chairman of the House Global Warming Committee has said that the CRA is a great tool to expedite the process of removing bad rules out of out law books. The Bush administration used CRA to overturn a few Clinton Administration rules one in particular that made ergonomic workspaces a requirement. The precedent that these rules have made can only make things better for the online casino industry.

The White House, of course, claims that they are not rushing anything through, they are simply doing their jobs until the end of the term. Online casinos will surely be petitioning to get the UIGEA regulations overturned by the Obama Administration. The US Treasury recently made it the responsibility of the US financial institutions to deny illegal online casino activity.