Barney Frank's online poker regulation bill advanced to committee markup this week, and one of the crucial adopted amendments concerned blocking licensing of operators who've continued to service US residents for the reason that passage of the UIGEA. Offered by Brad Sherman, a California Democrat, the addition denies US acceptance of gaming sites deemed to have flouted federal laws.Sherman's amendment requires applicants to certify they have got not intentionally violated any felony law within the US. A second amendment, by Representatives Spencer Bachus and Michele Bachmann, specified refusal of violators of the UIGEA.
Because of the confusing and problematic nature of the UIGEA, reputable online poker operators similar to Full Tilt and Poker Stars are hailing the advancement of the bill, mark ups and all, and say the provisions concerning legality are not any issue for them.
"PokerStars, a pioneer in operating online poker under stringent regulatory frameworks, looks forward to working with incumbent and new operators in promoting a secure and healthy online poker industry within the United States, because it currently does under similar licensing models in Italy and France," said the web poker operator's general counsel, Paul Telford, in a press release.
The PokerStars statement says its lawyers have given the opinion that its activities within the US have always been legal. For the reason that UIGEA doesn't define what online gambling is illegal, and the Wire Act was found by the courts to just apply to sports betting, there's no law on record declaring online poker or casino gambling to be illegal.
One of the needs of the Frank bill is to elucidate one and for all what gaming is legal on the net within the US. But, by looking to enforce the UIGEA while it's far from significance, the home Financial Services Committee has opened itself to difficult and potentially embarrassing argument over which websites obeyed questionable interpretations of a confusing law.
"Certainly, offshore online poker operators will see this as among the adjustments within the original bill designed to create a protectionist setting favoring domestic land gaming companies over experienced European sites," says Online Casino Advisory gambling analyst Sherman Bradley. "Infringement accusations before the WTO won't depart without acceptance by the U.S. of gambling operators licensed by its trade partners."
Published on July 31, 2010 by K.C.Carmichael
Read More... [Source: Online Casino News RSS XML News Feed]
No comments:
Post a Comment