In light of the Democrats winning control of the United States Congress on Tuesday, I am more convinced than ever that the Unlawful Internet Gambling Enforcement Act is here to stay.

The burden of the UIGEA is placed squarely on the shoulders of financial institutions (we’ll see to what extent in the next six moths or so as the actual regulations are crafted); since the Dems are less likely than Republicans to take steps to remove regulations that govern corporate behavior, I’m betting that we’ll be dealing with the UIGEA for at least the next two years.