Much of the world is convinced that the United States will soon alter its strict Internet gambling laws. One UK-based payment processing company in particular, the UC Group, is so sure of the matter that it has announced plans to create a US subsidiary to process online gambling transactions in the US.

The UC Group will be conducting its US operation under the company name SecureTrading. The new subsidiary, which is run by several past employees of MasterCard, does not expect any delay in the processing once the Unlawful Internet Gambling Enforcement Act (UIGEA) is overturned.

"Momentum for regulated Internet gambling in the US has been building for some time," said Chris Thom, a former Chief Operating Officer at MasterCard, "As Congress prepares to take the final step, SecureTrading Inc.'s turnkey system is primed to enable our customers to go live the moment Internet gambling is regulated."

Representative Barney Frank (D-Mass) has been a leader among many online gambling proponents in Congress. In May of 2009, Frank introduced legislation that would overturn the UIGEA. In the proposed legislation Frank created a platform for a regulated online gambling industry in the US.

In recent months, there have been an increasing number of lawmakers that have joined in Frank's campaign. His legislation now has more than sixty-five co-sponsors, and several have proposed different forms of Internet gambling legislation themselves.

Miss B says: This is a smart move. I am sure the US government will overture the Unlawful Internet Gambling Enforcement Act within the coming year. When this happens the UC Group will have a head start over other companies that didn’t act earlier on. What do you all think?