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Obama maybe opening the doors for online gambling?
 November 5, 2008, 7:22 am (3 years ago)Following Barack Obama's triumph in the US Presidential elections this week; conjecture on Internet gambling sites and message boards has been widespread on whether this is going to indicate a more rational move toward the directive of Internet gambling in the USA.
While a lot of the judgments are rooted in personal perspectives and political perceptions, one rigid business evaluation was published by the esteemed international analysts, brokers and business advisors Merrill Lynch, which supported gambling companies by stating that an Obama triumph could well initiate more liberal markets in the US.
"We believe it can eventually open the doors to online gaming regulation more willingly than exclusion," the broker explained, emphasizing Democratic moves by Congressman Barney Frank to cancel the Unlawful Internet Gambling Enforcement Act, implemented in October 2006 to ban the transfer of funds from monetary institutions to internet gambling firms.
"There have been different acts to legalize internet gambling in addition to those that mainly aim poker and other games of skill. We believe that with a Democrat president and Democrat-dominated Congress, such regulation would probably have a bigger possibility of being passed through."
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