On that day, HR2267, the gambling bill written by Congressman Barney Franks (overturning the UIGEA) passed through the House Financial Services Committee, and signed on it’s 70th Co-Sponsor, Rep John Campbell, California.

It’s not such a small step either. Before the bill even reaches the House for a vote, we have a great number of Lawmakers ready to vote YES!

While the House Financial Services Committee approved the Internet gambling regulatory bill, it has been now been sent to the House Energy and Commerce and the House Judiciary committees.
If the bill passes those committees, it would go before the House of Representatives. It needs only a majority of the vote, only 148 votes in favor of the bill are needed.
The House is on vacation this month (August) and has a full agenda when it returns in September. Just when they’ll get our bill of course, is anybody’s guess right now.
Add to that, the November election is looming and looking very shaky so that will have a definite dampening effect on when (or if) our bill, which would regulate online gambling in the US by overturning the UIGEA, comes to a vote.
Unfortunately for sports fans, Online Sportsbooks in the US would not be covered by this legislation.
So, let’s hope more co-sponsors sign on. Let’s hope the bill goes to the House for a vote. And let’s hope the outcome is the only fair one – the revocation of that horrible UIGEA.