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Barney Frank schedules USA online gambling meeting

November 25, 2009

Rep. Barney Frank has planned a meeting on Dec. 3 before the House Financial Services Committee to hear testimony on cancelling the Unlawful Internet Gambling Enforcement Act and creating a regulated online gaming industry in the USA's. Unlawful Internet Gambling Enforcement Act regulations go into effect on Dec. 1.

Barney Frank, who is chairman of the House Financial Services Committee, will lead the questioning as witnesses testify for and against the Internet  Regulation, Consumer Protection and Enforcement Act and the Reasonable Prudence Regulation Act. Both bills were introduced by Rep. Barney Frank earlier this year.

The Consumer Protection and Enforcement Act calls for the formation of a regulated U.S. online casino gambling environment that brings transparency to the online gambling industry in the USA. The Reasonable Prudence Regulation Act seeks to delay the implementation of Unlawful Internet Gambling Enforcement Act regulations by one year.

No vote is predicted to take place in the Thursday meeting

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