iMEGA awaits ruling

"Based on the decision of the U.S. District Court earlier today, iMEGA eagerly awaits the action of the Honorable Mary L. Cooper and the Court.

"We agree that children and problem gamblers need protection. We know that technology is available that will accomplish this. This law -- in addition to being defective and unconstitutional -- will not provide greater protections. In fact, it will only make these groups more vulnerable.

"UIGEA passed in the waning minutes of the 109th Congress with very little input from members of Congress and is a misguided attempt to regulate content developed for the Internet. Although UIGEA is purportedly designed to limit illegal Internet gambling, it falls woefully short of having the ability to accomplish that purpose and fails the American people on a number of fronts. These regulations, if promulgated, would stifle online innovation and commerce; inadequately protect children by failing to ensure adequate safeguards; have a chilling effect on the privacy rights of individuals; and potentially lead to the loss of thousands of U.S. white collar jobs. iMEGA strongly suggests an immediate congressional review of the numerous pieces of legislation that address the issue of online gaming and recommends passage of new laws that ensure safe Internet use, protect U.S. Internet leadership and promote the Internet as a bastion of innovation."