House Subcommittee to hold UIGEA Hearing

25 March 2008

The following article comes from Interactive Gaming News:

Six months ago, the proposed regulations for the UIGEA were released -- next week, U.S. lawmakers and a select group of witnesses will meet to review the rules in a hearing transparently titled "Proposed UIGEA Regulations: Burden without Benefit?"

The hearing is scheduled for April 2, and will be held by the House Subcommittee on Domestic and International Monetary Policy, Trade and Technology (SMPTT).

SMPTT members include Florida Democrat Robert Wexler -- who was outspokenly critical during November's UIGEA enforcement hearing -- and Ron Paul, R-Texas, who considers a federal ban on Internet gambling unconstitutional.

Witnesses have yet to be announced.

Between October and December, the proposed rules drew over 200 responses from various banks, gamblers, church groups and members of Congress.

Parent committee to SMPTT is the House Financial Services Committee, chaired by Barney Frank, D-Mass.