Tuesday, May 18, 2010

Finally Another Step

The House Ways and Means committee will finally discuss possible internet gambling taxes on Wednesday. The main discussion will relate to tax and revenue portions of the bills introduced over the past year and whether to revise the UIGEA or completely erase it. This is good news considering the UIGEA ban is to go into effect on June 1. The ban will be on banks allowing gambling transactions in the United States.

We are still waiting to hear back from Barney Frank after his meeting with the House Financial Services Committee was canceled in April due to scheduling conflicts.

With fingers crossed, we can hope to finally see a change for American online players and save the banks a huge hassle.

No comments:

Post a Comment

Horse and Greyhound Racing!

Get your bet on with BetAmerica . Completely legal and safe for U.S. citizens. Sign up today for your 100% bonus, no code needed! Sign up, m...