In America,
a prestigious lobby group has released a report stating
that the proposed regulations under the Unlawful
Internet Gambling Enforcement Act (UIGEA) would be
useless in practice due to the lack of clarity.
Based in Washington, DC, The Center for Regulatory
Effectiveness (CRE) is headed by former Office of
Management and Budget (OMB) executives who issued the
report in response to the Government’s proposed
regulations. UIGEA seeks to disrupt financial
transactions with online gambling companies but CRE
stated that the Treasury had not provided objective or
supported estimates of the burden that the proposed
regulations could have on groups such as small
businesses, something required by the Paperwork
Reduction Act.
CRE also criticised the lack of clarity on what
gambling transactions would be permissible and stated
that UIGEA would increase the burden on companies
required to enforce the regulations.
'The agencies have declined to state which Internet
gambling transaction are unlawful and have recognized
the difficulty of doing so for reasons including 'the
fact that the legality of a particular Internet gambling
transaction might change depending on the location of
the gambler at the time the transaction was initiated
and the location where the bet or wager was received’,'
read the CRE report.
'Without such a determination, which underlies all
identification and blocking tasks, the entire set of
policies and procedures would be useless, lack practical
utility and, thus, could not be approved by
OMB.' |