President Obama has swiftly done what he said he was going to do upon taking office.
One of those issues is online gambling laws in the US, and how they are affecting the country's relationship with other nations.
The European Union is prepared to recommend action against the US to the World Trade Organization, but before they do, they will give Obama the chance to make things right.
Millions of dollars were lost for publicly traded Internet gambling companies after the law took affect. It will now be up to President Obama to try and be the peacemaker he has made himself out to be.
Prior to Obama taking office, the last administration worked on a different set of rules. They did not give much regard to what other countries thought of their policies.
Obama has pledged that his administration would be more pen to negotiation rather than dictator status in the World.
This is Obama's chance to show the world and the EU in particular that it is a new day in the US.
Members of Obama's team, including Barney Frank, are looking to overturn the UIGEA and regulate the online gambling industry in the US. Obama himself has made his intentions clear to keep Internet commerce free from government intervention.
Related Posts.
Barney Frank to reintroduce internet gambling legislation
Pennsylvania judge rules poker is a skill game
Kentucky domain seizures
http://pokerstarblog.blogspot.com/
No comments:
Post a Comment