Representative Barney Frank, chairman of the house Financial Services Commite, indicated at a press conference Thursday he intends to push for a repeal of the three-year-old Unlawful Internet Gambling Enforcement Act, which effectively quashed online gambling in the United States by barring businesses from knowingly accepting payments from credit cards and electronic funds transfers made in connection with unlawful Internet gambling. 
European Commission is currently conducting and investigation into whether the U.S. Justice Department is targeting European gambling operations for prosecution while letting U.S.-based companies operate with impunity.
