The whole online gambling community has been holding their breaths this past week. Since Rep. Barney Fank’s bill HR 2267 got out of committee there hasn’t been much to report, although what little has been happening has been positive.

The bill has continued to pick up momentum and support from both major parties, and Americans are starting to look forward to the day when they might be able to play at www.jackpotcity.com/uk/ once again. HR 2267 will repeal 2006 UIGEA ban on online gambling, and is the single most important piece of legislation to online casino operators anywhere in the world at the present moment. UIGEA was quickly, and rather sloppily, run through in 2006 as a response to growing concerns from land based casino operators that online casinos might be stealing their business. Las Vegas and Atlantic City both generate huge amounts of revenue for their states’ governments, and politicians were starting to feel pressure from threats being made by lobbying groups of lost revenue and jobs. Add to this the fact that the overwhelming majority of online casinos were located overseas, and therefore couldn’t be taxed, and you can see why it through so quickly. UIGEA is deeply flawed though, and even those who initially supported a ban are having to concede that it is far too vague and difficult to enforce.