Barney Frank Hearing on Internet Poker Friday
Congressman Barney Frank has scheduled a hearing this upcoming Friday to discuss legalization of online poker. Two bills will be presented by the House democrat from Massachusetts.
Frank's bills include the Reasonable Prudence in Regulation Act and the Internet Gambling Regulation, Consumer Protection, and Enforcement Act of 2009.
Congressman Frank hopes to have online poker exempt from legislation passed in late 2006 that would hold banking institutions liable for allowing online poker payment transactions (The Unlawful Internet Gaming Enforcement Act or UIGEA). Enforcement of this law was set for July 1 though a second delay is possible.
Frank has 66 co-sponsors for his bills.
Christopher Costigan, Gambling911.com Publisher