Barney Frank to Announced 6 Month Delay in UIGEA

Submitted by Jagajeet Chiba on

Written by :

Jagajeet Chiba

Published on :

As first reported by Gambling911.com, bank implementations for enforcing the Unlawful Internet Gaming Enforcement Act (UIGEA), are scheduled to be postponed for another 6 months with June 1, 2010 being the new target date. 

Congressman Barney Frank was slated to make an official announcement shortly, quite possibly on Friday.  Frank is said to be furious over the leak, which arrived on Gambling911.com's desk Wednesday afternoon.  A media embargo had been placed on the story until Congressman Frank could release an official statement first. 

Gambling911.com immediately published the story and other media sitting on it were prompted to do the same. 

Gambling911.com does not withhold information from its readers and has filed motions against the US Government to ensure that readers stay notified of future developments concerning them (see Costigan Media (Gambling911 parent company) vs. US Attorney Office)

"This is not communist China," said Christopher Costigan, Publisher of the Gambling911.com website.  "We do not participate in so-called ‘press embargos' and hope that our colleagues do not either in the future."

U.S. Treasury Secretary Timothy Geithner has now agreed to the delay. 

Jagajeet Chiba, Gambling911.com

 

Related Content

Where Can I Bet on the World Series of Poker Final Table - 2026?

Where Can I Bet on the World Series of Poker Final Table - 2026?

The World Series of Poker main event is set to restart Monday, August 3, and betting will happen beyond the final table.
How Do Online Poker Laws Vary Around the World?

How Do Online Poker Laws Vary Around the World?

Online poker has fast become a worldwide sensation, but the regulations change significantly in each region. Some jurisdictions adopt online poker wholeheartedly and openly, others regulate it to the tee, and some restrict players completely.
Casino dealer surrounded by slots in backdrop

The Professional Gambler: Fame, Fortune and Failure!

Everyone has met that friend who swears they can beat the casino. They flash screenshots of wins, boast about secret systems, and brag about living like a king on chips and cards.
Chevy Chase Maryland Supreme Court Litigator, Poker Pro Gets 6 Year Prison Sentence for Tax Evasion

Chevy Chase Maryland Supreme Court Litigator, Poker Pro Gets 6 Year Prison Sentence for Tax Evasion

A judge ordered Thomas Goldstein to serve 6 years behind bars without the possibility of parole plus five years of supervised release thereafter with a jury having found the retired Supreme Court litigator guilty on 12 counts that included tax evasion.