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Obama administration gives hope for Online Casino Industry
 November 25, 2008, 9:19 am (3 years ago)Nobody is sure what is or what will happen with online gambling situation in United States. A lot of people have no clue how the whole circumstance is developing. However, some companies are surreptitiously seeking to go back into American market throughout the Obama administration.
A lot of online companies gave up the U.S. market following the Unlawful Internet Gambling Enforcement Act being issued by Republicans in Congress in 2006. At the present, some of those companies are following carefully what is taking place in America.
Lately the US Treasury issued the regulations for UIGEA – whilst this was unpleasant news as it indicates the act was at last being imposed, it did not change much apart from making financial institutions adjust their contract letters to clients. Obama, the present President-elect who is going to be inaugurated in January 2009, is not going to make online gambling a main concern but his democrat administration is going to be much more moderate.
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