Last Tuesday marked the conclusion of the 270-day period during which the regulations for the U.S. Unlawful Internet Gambling Enforcement Act (UIGEA) were to be prescribed.
Regarding the publication of the regulations, IGN contacted the U.S. Federal Reserve and received the following this morning:
"The Unlawful Internet Gambling Enforcement Act of 2006 requires the Department of the Treasury and the Board of Governors of the Federal Reserve System (in consultation with the Department of Justice) to jointly prescribe regulations for designated payment systems and financial transaction providers that implement certain provisions of the [UIGEA].
"The Agencies anticipate that proposed regulations will be published in the Federal Register for public comment in the near future."