Congressional hearing scheduled on internet gambling ban

31 Mar 2008

WASHINGTON, DC -- (PRESS RELEASE) -- Jeffrey Sandman, spokesperson for the Safe and Secure Internet Gambling Initiative, will be available to update media and comment on the hearing, "Proposed UIGEA Regulations: Burden without Benefit?" in the House Committee on Financial Service's Subcommittee on Domestic and International Monetary Policy, Trade, and Technology. The hearing will explore the burden on U.S. financial institutions to comply with the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA).

Although the law was intended to deter illegal Internet gambling activity, millions of Americans continue to gamble online with off-shore operators. House Committee on Financial Services Chairman Barney Frank (D-MA) introduced a bill last year to regulate Internet gambling, which would require operators to put in place effective safeguards to combat compulsive and underage gambling and ensure the integrity of financial transactions.

WHO: Jeffrey Sandman, spokesperson for the Safe and Secure Internet Gambling Initiative

WHAT: Available to discuss outcome of Financial Services hearing on Internet gambling

WHERE: 2128 Rayburn House Office Building, Washington, D.C. or by phone

WHEN: Wednesday, April 2, 2008

For more information on the Safe and Secure Internet Gambling Initiative, which promotes the freedom of individuals to gamble online with the proper safeguards to protect consumers and ensure the integrity of financial transactions, please visit Safeandsecureig.org.

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	Congressional hearing scheduled on internet gambling ban 31 Mar 2008 WASHINGTON, DC -- (PRESS RELEASE) -- Jeffrey Sandman, spokesperson for the Safe and Secure Internet Gambling Initiative, will be available to update media and comment on the hearing, "Proposed UIGEA Regulations: Burden without Benefit?" in the House Committee on Financial Service's Subcommittee on Domestic and International Monetary Policy, Trade, and Technology. The hearing will explore the burden on U.S. financial institutions to comply with the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA). Although the law was intended to deter illegal Internet gambling activity, millions of Americans continue to gamble online with off-shore operators. House Committee on Financial Services Chairman Barney Frank (D-MA) introduced a bill last year to regulate Internet gambling, which would require operators to put in place effective safeguards to combat compulsive and underage gambling and ensure the integrity of financial transactions. WHO: Jeffrey Sandman, spokesperson for the Safe and Secure Internet Gambling Initiative WHAT: Available to discuss outcome of Financial Services hearing on Internet gambling WHERE: 2128 Rayburn House Office Building, Washington, D.C. or by phone WHEN: Wednesday, April 2, 2008 For more information on the Safe and Secure Internet Gambling Initiative, which promotes the freedom of individuals to gamble online with the proper safeguards to protect consumers and ensure the integrity of financial transactions, please visit Safeandsecureig.org.

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Congressional hearing scheduled on internet gambling ban