U.S. Congressman Barney Frank has revealed that his proposed Internet Gambling Regulation and Enforcement Act (IGREA) will not become a reality anytime soon.
Speaking this week, Frank said that his bill to overturn the UIGEA has stalled although pressure from foreign countries could revive the legislation. He said that pressure brought on the Bush administration by the World Trade Organisation along with compensation claims from the European Union could offer a significant boost to his legislation becoming a reality.
The Massachusetts Democrat revealed that no further action is planned this year after Congressional hearings three months ago.
‘It’s not dead,â€ said Frank. â€œIt’s not very active. It depends on whether or not there’s support. I don’t think there’s support for it yet. It’s growing.’
There are currently 36 political co-sponsors for Frank’s IGREA but this number falls well short of a significant movement to legalise and regulate online gambling in the United States.