Is online gambling coming in from the cold?

What will happen to online gambling during this year? The general picture is still not fully clear, but the biggest potential change would be probably in the United States, where, perhaps within days, Representative Barney Frank, Democrat of Massachusetts, is expected to introduce legislation aimed at overturning the Unlawful Internet Gambling Enforcement Act.

An overall view of the situation is explained in a recent article on New York Times “A New Chance for Online Gambling in the U.S.“. Here is a quick exerpt and a link:

“When the U.S. Congress cracked down on Internet betting in 2006, the big, publicly traded European companies that had dominated the business closed up shop in the United States. Growth in the booming industry shifted away from these companies, once the darlings of the stock market, to private operators in offshore locations like Antigua and the Isle of Man.”

http://www.nytimes.com/2009/04/27/technology/internet/27iht-gamble.html?_r=1&ref=globalhome&pagewanted=all

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