President Obama has been having problems with some of his key appointments due to Republicans and their positions when it comes to online gambling. Some Republican lawmakers, including Senator Jon Kyl, have placed holds on appointees to the US Treasury Department.
This started when the US Treasury decided to grant a [ more ]
Continue reading …Industry experts are expecting that the US Treasury Department will delay the implementation of the Unlawful Internet Gambling Enforcement Act for another 6 months starting on June 1st. As March begins, Congress only has three months to move bills to regulate online gambling through the committees, on to the House and Senate [ more ]
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Arizona Republican Senator, Jon Kyl has lifted his block of several nominees for the US Treasury Department. Obama appointed people to fill positions at the US Treasury, but one US Senator decided to block the nominations. Many believe that Kyl blocked the nominees in response to the UIGEA delay on [ more ]
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The UIGEA has been postponed by US Treasury Department until June 2010. The administration is giving the US Congress time to iron out the details of new legislation that would repeal the UIGEA and make online gambling legal within the United States. Experts also believe that the US government does not want to enforce [ more ]
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US Legislators have sent a letter to the Treasury Department asking for an immediate postponement of the implementation of the regulations against online gambling payment processing. They cite that the UIGEA rules would cause economic stress during an already critical period of recovery for the financial industry. The message was sent [ more ]
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