Contributing Writer: Sue Coyle
In October of 2006, President Bush signed the Unlawful International Gambling Act (UIGEA). Regulations were supposed to follow within a year, but a year and a half later they are still in the proposal stage. Nothing concrete has been decided. Why? Opposition. Very few individuals, corporations or organizations are able to agree on the proposed regulations.
Fortunately, April may be a month of change, or at least action. On the second at 10:00 am, there will be a hearing to discuss the proposed UIGEA regulations, held by the Domestic and International Monetary Policy, Trade and Technology Subcommittee. The hearing will examine whether the planned directives will benefit the majority or will prove to be more trouble than they’re worth. It should provide some sort of answer to the many questions currently revolving around the UIGEA.
Therefore, you, as an avid poker player, will want to know what happens. Luckily, you have several options. You can watch the hearing live, via webcast; you can read a printed version of the hearing, which will be posted online; or you can sign up for e-mail updates and receive a summary of events after the fact.
All options and more information are available at the House Committee on Financial Services Web site. Check in frequently, for as the hearing draws closer more details will be added, enabling you to remain as informed as possible.
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