PPA Wins Petition to Delay UIGEA!

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SHANKAPOTOMUS !!!!
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Just some FYI guys ........



On November 27, 2009, the U.S. Department of Treasury and Federal Reserve Board agreed with the PPA’s petition to delay the compliance date for the Unlawful Internet Gambling Enforcement Act (UIGEA) by six months to June 1, 2010. [click here to read the petition announcement]

The extension is an important victory for PPA and our members, who led the fight in advocating for the delay. The ruling affords six months for Congress to revise the act, clarifying the definition of “unlawful Internet gambling” and to start the process to licensing and regulating games of skill like poker.

Congressional Hearing on H.R. 2267

On December 3, 2009, the House Financial Services Committee Chairman Barney Frank (D-MA) held a full committee hearing which attracted seven witnesses, most of whom testified [click here for written submitted testimony] that the best way to protect consumers and families is by licensing and regulating online gaming in the U.S. Critical testimony was delivered by Harvard Professor Malcolm Sparrow and the Executive Director of WiredSafety, the largest and oldest online safety, education, and help group in the world. At the hearing they jointly release the finding of a new study [link to study] which examines the potential risks associated with Internet gaming and show how those risks are successfully avoided though proper regulation and oversight.

The hearing lasted approximately 90 minutes and laid the foundation for a future Committee vote on H.R. 2267, Internet Gambling Regulation, Consumer Protection and Enforcement Act next year after Congress returns from their holiday recess.

For full hearing details and to view video from the hearing click here.

U.S. Senate Bill S. 1597

S.1597 the Internet Poker and Games of Skill Regulation, Consumer Protection, and Enforcement Act was introduced by Senator Robert Menendez (D-NJ) August of 2009. The legislation establishes the needed licensing and regulatory framework for the United States to protect consumers by exercising appropriate control and oversight over Internet poker and other games of skill. Currently the PPA is working with Senator Menendez who sits on the powerful Senate Finance Committee to add supporters for his bill and raise the profile of our issue in the Senate.

Please help Senator Menendez and the PPA by sending your Senators an email asking that they support S. 1597 [click here].
 

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