Online Poker

Poker Hearing Delayed - HR 2266 & HR 2267

by Poker Team

Now that healthcare reform has been changed in the United States, Congressional leaders now have time on their hands to finally address some more urgent and pressing matters, the online poker issue. Pushed on the backburner as the President was dealing with healthcare and the ongoing fiscal crisis, it appears that online poker regulation will have to wait a bit longer with the news that two internet gambling bills proposed by Congressman Barney Frank have been temporarily postponed. Originally scheduled to be discussed before the House Financial Services Committee this Friday, April 16th, the hearing has been pushed back with no new date announced as of yet.

The primary focus of the hearing was centered around HR 2266, the Reasonable Prudence in Regulation Act and HR 2267, the Internet Gambling Regulation, Consumer Protection, and Enforcement Act. Both of these were proposed by Frank in May 2009 and focus on different aspects against the controversial UIGEA. HR 2266 is seeking to further delay financial firms compliance with the UIGEA for one year, giving UIGEA opponents time to battle in the courts against ultimate enforcement. On the other hand, HR 2267 seeks to establish the framework for gambling regulation in the United States.

According to a statement issued by the Poker Players Alliance (PPA), the hearing will be rescheduled very soon and assures that the hearing leads the organizations agenda for 2010 though they would not speculate on an actual date.

Given the importance of this event, we will follow and report any future developments.

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