Archive for the ‘UIGEA’ Category

 

Gambling Media: Kentucki vs. Online Gambling

October 18th, 2008

Although Kentucky’s culture is generally considered to be Southern, it is unique and also influenced by the Midwest and Southern Appalachia. The state is known for bourbon and whiskey distiling, tobacco, horse racing, and gambling.
The biggest day in horse racing, the Kentucky Derby, is preceded by the two-week Kentucky Derby Festival [...]

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Top Gambling News, September 23th, 2008

September 23rd, 2008

Get real on web gambling
Kansas City Star, MO
Rick’s Gambling & Tourism column in today’s Star Business Weekly looks at the US’s untenable position in the worldwide on-line gambling industry. …
State cracks down on Net gambling
Kentucky.com, KY
By Jack Brammer FRANKFORT — Kentucky is commandeering 141 domain names of Internet gambling sites in [...]

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Barack Obama accused of illegal online gambling

July 9th, 2008

On the campaign’s national website, Obama ask for donation between $5 and $2300 in exchange of a chance for every donor to be chosen as one of the 10 supporters to meet Barack backstage in Denver.
Tom Barrett, head of the Minnesota Gambling Control Board, consider that this is an illegal raffle and a [...]

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No clarification for online gambling

June 29th, 2008

The House Financial Services Committee voted down a bill, H.R. 5767, that would have prevented federal agencies from issuing rules implementing the Unlawful Internet Gambling Enforcement Act (UIGEA). Lawmakers failed to agree on setting a clear definition of illegal Internet gambling.
Alabama Republican Rep. Spencer Bachus says that “Today’s vote was a [...]

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US judge rejects online gambling

May 17th, 2008

Lee Rousso, the Washington State Director of the Poker Players Alliance, filed a lawsuit on July 1, 2007, seeking to have UIGEA declared unconstitutional, considering that the new law discriminated against interstate businesses and, thus, violated the Commerce Clause of the U.S. Constitution. He said that UIGEA was supported [...]

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Legal online gambling in America

May 12th, 2008

During July 29-30, 2008, will take place the conference Next Generation in Gambling (NGG) (Exploring multi-channel delivery of games to customers while complying with federal and state laws in Canada, United States and Latin America).
The event will target the casino, racing, and lottery companies working in North American jurisdictions, focusing to [...]

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Who Owns the Internet?

May 9th, 2008

An already tested method to defeat the online gambling companies started to act again, after Bodog.
1st Technology made a complaint against several companies including Digital Gaming Solutions SA, Costa Rica International Sports, Action Poker Gaming Enterprises and SBG Global; two Norwegian companies: Playsafe Holding AS and eCom Enterprises; and Digital Gaming [...]

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Gambling Media: US elections 2008 from a gambling perspective

February 3rd, 2008

Californians energized by unprecedented primary election
San Francisco Chronicle, USA
Propositions 94-97 are referendums that would repeal the gambling compacts with a no vote. Those measures have attracted by far the most spending of any of …
Gambling interests funded ad campaign
Louisville Courier-Journal, KY
Beshear said during the campaign that he [...]

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Billions from regulating Internet gambling

February 1st, 2008

Press Release
Regulating Internet Gambling Would Generate Billions in New Revenue for Critical Government Programs
Congressman McDermott Urges Congress to Support Internet Gambling Legislation
(Washington, D.C. – January 31, 2008) A new tax revenue analysis announced by Representative Jim McDermott (D-WA) estimates that regulating Internet gambling would generate between $8.7 billion to $42.8 billion in [...]

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Gambling Media: Hillary Clinton

January 19th, 2008

Betting Big on Nevada
TIME
To many Washington wags, the very notion evokes images of show girls arguing with croupiers about the finer points of Hillary Clinton’s healthcare policy …
Clinton Wagers on Gambling
AOL News Newsbloggers, VA
By David Knowles From the LA Times comes a fascinating piece about how Hillary Clinton [...]

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Gambling predictions, 2008

January 2nd, 2008

It seems that it is very hard to make predictions on gambling, this year even more difficult than the other years, and online gambling much more difficult than the classical gambling.
2008 will be a very good year for the land casinos. Las Vegas has some big problems that will allow to other [...]

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Gambling industry, more important for US than the intellectual property?

December 27th, 2007

The World Trade Organization, on 21 December 2007, awarded Antigua and Barbuda an annual $21 million compensation claim against the US and also approved of Antigua’s right to suspend its recognition of US copyright and trademark laws to an amount that does not exceed the value of its claim. [...]

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$21m annually for Antigua and Barbuda in its dispute with US for online gambling

December 22nd, 2007

The World Trade Organization, on 21 December 2007, issued the arbitration report regarding Antigua and Barbuda’s complaint against “United States — Measures affecting the cross-border supply of gambling and betting services” (DS285), especially UIGEA, awarded Antigua and Barbuda an annual $21 million compensation claim against the US and also [...]

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EU online gambling companies against US

December 21st, 2007

The European Union, Japan, and Canada have reached a settlement with the U.S. regarding its protectionist online gambling policy through UIGEA, although US tolerates some forms of online gambling, such as state lotteries and horse racing.
Remote Gambling Association made today a complaint under the EU Trade Barriers Regulation seeks to stop discriminatory [...]

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Google, Yahoo and Microsoft settle online gambling charges

December 21st, 2007

All the three companies have agreed to pay a total of $31.5m (£15.7m) to settle claims that they accepted online ads promoting illegal gambling, during the last ten years.
Microsoft has to pay $21m, part of it as a charitable donation to support exploited children ($4.5m to the International Center for Missing and [...]

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US and EU agreement on online gambling, possible Canada and Japan

December 17th, 2007

Unfortunately for the online casinos and poker rooms, the agreement (signed in Geneva) is not to change UIGEA, but to compensate EU for this ban.
United States will compensate European Union especially in the domain of the trade, and mail services. In accordance with Business Week, “This compensation cannot be [...]

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UIGEA – End of comments

December 13th, 2007

On Regulations.gov, December 12 was the last day allowed for public comments on the Docket ID Treas-DO-2007-0015:

Title   Prohibition on Funding of Unlawful Internet Gambling
Type   Rulemaking
Description   Unlawful Internet Gambling and Enforcement Act requires the Treasury and the Federal Reserve System (the “Agencies”) to proscribe regulations requiring designated payment systems and all [...]

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Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA)

December 12th, 2007

Unlawful Internet Gambling Enforcement Act of 2006 is part (Title VIII) of the Security and Accountability For Every Port Act of 2006 (or SAFE Port Act, Pub.L. 109-347), an Act of Congress in the United States that covers port security and online gambling. This title (found at 31 U.S.C. § 5361–5367) prohibits the transfer of funds from a financial institution to an Internet gambling site, with the notable exceptions of fantasy sports, online lotteries, and horse/harness racing.

SEC. 802.
PROHIBITION ON ACCEPTANCE OF ANY PAYMENT INSTRUMENT FOR UNLAWFUL INTERNET GAMBLING.
(a) IN GENERAL.—Chapter 53 of title 31, United States Code, is amended by adding at the end the following:
SUBCHAPTER IV
PROHIBITION ON FUNDING OF UNLAWFUL INTERNET GAMBLING
§ 5361. Congressional findings and purpose
(a) FINDINGS.
Congress finds the following:
(1) Internet gambling is primarily funded through personal use of payment system instruments, credit cards, and wire transfers.
(2) The National Gambling Impact Study Commission in 1999 recommended the passage of legislation to prohibit wire transfers to Internet gambling sites or the banks which represent such sites.
(3) Internet gambling is a growing cause of debt collection problems for insured depository institutions and the consumer credit industry.
(4) New mechanisms for enforcing gambling laws on the Internet are necessary because traditional law enforcement mechanisms are often inadequate for enforcing gambling prohibitions or regulations on the Internet, especially where such gambling crosses State or national borders.
(b) RULE OF CONSTRUCTION.
NO provision of this subchapter shall be construed as altering, limiting, or extending any Federal or State law or Tribal-State compact prohibiting, permitting, or regulating gambling within the United States.

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Life is gambling, don’t ban the Life!

December 3rd, 2007

All our life and decisions are part, in fact, of the Big Gambling. Let’s take a look to the gambling definition: “wagering money or something of material value on an event with an uncertain outcome with the primary intent of winning additional money or material goods”. And now, let’s think at most [...]

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