Republican Barney Frank  has scheduled a hearing on the 3rd of December before the House Financial Services Committee to hear testimony on repealing the Unlawful Internet Gambling Enforcement Act and creating a regulated online gaming industry in the USA. The rules for the UIGEA will go into effect next Tuesday.

Frank, who is chairman of the House Financial Services Committee, will lead the questioning as witnesses testify for and against the Internet Gambling Regulation, Consumer Protection and Enforcement Act (IGRCPEA) and the Reasonable Prudence Regulation Act (RPRA). Both bills were introduced by Frank earlier this year.

The IGRCPEA calls for the creation of a regulated online gambling environment that brings transparency to the online gambling industry. The RPRA seeks to delay the implementation of UIGEA regulations by one year. The hearings will start at the Rayburn House Office Building at 10:00 AM.