Frank’s UIGEA Repeal is Ready to Roll

February 23, 2009 · Print This Article

US Democrat Barney Frank

In an update to an ealier news item regarding Barney Frank’s plans to appeal the UIGEA ruling this morning’s edition of the eGaming Review snapshot revealed some further information regarding the Bill as well as its relase date which is now slated for as early as next month.

Barney Frank’s bill to repeal the UIGEA could be reintroduced as early as March, a congressional aide for the chair of the House of Representatives Financial Services Committee told Reuters.

Sources familiar with the EU’s formal investigation into whether Washington was singling out EU companies for enforcement actions while allowing US online firms to operate freely also told the news organisation they expect the report to recommend action at the World Trade Organization when it is released next month.

However, rather than move immediately to litigation, it’s thought EU officials will use the report as leverage to seek a negotiated solution with the US.

Comments

Got something to say?