Casino News: Barney Frank vs. UIGEA

Barney Frank vs. UIGEA

 May 7, 2009, 8:17 am (2 years ago)
Yesterday’s press issued that US House Financial Services chairman Barney Frank is to organize a press release on Wednesday morning on his forthcoming challenge on the UIGEA caused huge mainstream media coverage worldwide, pointing out that the fight for the freedom of online gambling in the United States keeps on drawing extensive attention.

Support for Congressman Frank’s plan to upend the UIGEA came right away from the pressure group Safe and Secure Internet Gambling Initiative, which gave out an announcement informing the monetary advantages of controlling and taxing US Internet gambling. A SSIGI spokesman stated that a latest study had indicated that gathering taxes on controlled Internet gambling would give the U.S. to capture from $48.6 billion to $62.7 billion in new income throughout the next ten years, that is a 21 % augment from previous estimations.
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