The Financial Times is reporting that US
Senator Congressman Barney Frank is working to overturn the UIGEA. Of course, you have to be a subscriber to read it on the FT site so I waited patiently for the news to show up elsewhere. Then eGaming Review posted that they saw the story on FT and even confirmed it with Frank’s office.
Frank is quoted as describing last autumn’s Act as one of the “stupidest laws” ever passed and adds: “I am working on legislation to cut back on this internet gambling thingâ€¦ I think it’s preposterous”.
There really aren’t any details other than he’s joined the fight on our side. No specifics. No timelines. Nada. Even so, I’ll take it as one small piece of good news in what’s been a sea of crappy news.