House Financial Services Chairman Barney Frank has asked golden gate casino las vegas the federal government to regulate online gaming instead of banning.
The rules, issued Wednesday, the first company to December 2009, covered by a ban on credit card transactions, electronic fund transfers and checks in connection with Internet gambling match. Democratic lawmakers, the banking sector and the elements of the gambling industry have registered against the move. The rules - on the books in the twilight of the Bush administration - were part of a 2006-port-security legislation that was introduced as Republican control of Congress was about to set up the Democrats shift. The law gave the Treasury and the Fed to ensure effective implementation of the ban rules develop. House Financial Services Chairman Barney Frank (D, MA) has called for the federal golden gate casino las vegas government to regulate online gaming instead of banning. Frank sent a letter this week, Treasury Secretary Henry Paulson urged him, the rules had until the new Congress and Obama to delay a chance next golden gate casino las vegas year to review the law of 2006. The rules do golden gate casino las vegas not define an illegal gambling operation, but not limited to national law in the matter. Frank that it instruct correctly on the banks to reduce the cost of the new rules, to a time when the industry is contributing reeling from the credit crisis and the ailing U.S. Frank said in an interview, described the new scheme called "a disaster" and golden gate casino las vegas said he would continue to work to overthrow it. There are exceptions in the law, including online betting on horse racing, lotteries and fantasy sports highway. Distribution and use of this material by our Subscriber Agreement and copyright laws.
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