Government leaders pledge to work with Members of Congress to encourage success of the Internet Gambling Regulation and Enforcement Act
The Conference of the Caribbean Community (CARICOM), at its recent meeting in Barbados, expressed its appreciation and pledged its support for the efforts of Congressman Barney Frank (D-MA) and his legislation to regulate Internet gambling in the United States. The 15 CARICOM member countries further pledged to work with Members of Congress who introduced bills to regulate and enforce Internet gaming and expressed continued support for Antigua and Barbuda in their claim for compensation from the U.S. for World Trade Organization (WTO) trade agreement violations involving Internet gambling.
"CARICOM's endorsement of Congressman Frank's Internet gambling bill is another significant indication that the U.S. must readdress the way it now treats Internet gambling," said Jeffrey Sandman spokesman for the Safe and Secure Internet Gambling Initiative. "Rather than face billions in trade sanctions for WTO violations, we hope that Members of Congress will instead regulate Internet gambling in order to comply with the WTO, better protect consumers and generate billions of dollars for important government programs."
The Internet Gambling Regulation and Enforcement Act, introduced by Congressman Barney Frank (D-MA), would regulate Internet gambling and require domestic and foreign online gambling operators to obtain a license and put in place safeguards to protect against underage and compulsive gambling and ensure the integrity of financial transactions.
The member states of CARICOM are: Antigua and Barbuda, Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Suriname and Trinidad and Tobago.
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