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Congressman Barney Frank, Chairman of the House Committee on Financial Services, has introduced two Bills to Congress. His Internet Gambling Regulation, Consumer Protection and Enforcement Act of 2009, calls for a legislative infrastructure to allow licensed operators to accept wagers from US residents, while a second bill seeks to push back the date for mandatory compliance with The Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) from 1st December this year until the end of 2010.
Arguing that over $100 billion a year is currently being wagered by millions of Americans with illegal, ‘offshore' online gambling services, the bill's supporters include Harrah's Entertainment. "We really believe this industry already exists," said Jan Jones, Harrah's Entertainment's senior VP of communications and government relations. "It just exists in a Wild West setting. If you say you care about protecting children and fraud and money laundering, then the only way you can put those protections in place is to put in a strong regulatory frame."
Protectionist moves in EU
Online betting company Betfair has started a court action against the Dutch government, which could result into a multi-million-Euro damages claim.
Betfair acted after the Dutch Ministry of Justice wrote to Dutch banks claiming that Dutch law does not allow online gambling licences, and urging them not to process payments from Dutch customers to online gaming or betting services.
Mark Davies, Betfair's Managing Director, said: "This is a desperate move by the Dutch government to prevent a company that is fully licensed and regulated in jurisdictions across Europe from being accessed by residents in the Netherlands. Its actions are against the interests of the Dutch consumer and fly in the face of the EU principles of open and fair competition. It is madness that the Netherlands, as one of the founding members of the single market, has resorted to illegal tactics that prevent consumer choice and go against the Treaty," he added.
Charlie McCreevy, EU internal market commissioner, commented: "We believe the Dutch are in direct contravention of the rules of the internal markets and will be investigating the matter. The state has adopted a very protectionist approach to all forms of gambling."
"We announced last year that at least ten member states were in contravention of internal market rules on gambling," he said. "While many members have engaged, the Dutch have completely failed to. There has been no progress at all."
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