The details of Frank’s repeal are unknown. Anything as of now is speculation.
However, I think it is in our benefit to be optimistic, instead of looking for all the little holes in Frank’s mission.
So far, it has been less than an hour and Frank’s comments about him wanting the UIGEA ‘undone’ have been reported by more than 20 news agencies including Reuters, Business Week and The Washington Post.
This is a good thing and it is very important for the Internet gambling community, including online casinos, online poker rooms, portals, news sites, and players, to come together and make a public ‘outcry’ for a repeal. Don’t worry about the semantics, let Frank figure that out.