Posts Tagged ‘Legislation’

Yahoo! allows gambling ads

Posted by Nicolae on May 15th, 2008 under Advertising, Companies, Gambling industry, Legislation, Politics, Search Engines
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Yahoo! changes his terms of service regarding the gambling  ads, for the UK advertisers. This is due to the change in UK legislation for gambling advertising, that is now less restrictive.
AccuraCast says that Yahoo! sent an email to its UK clients telling them that under recent UK legislation on gambling advertising, [...]

Legal action by EC against Sweden restrictions on gambling

Posted by Nicolae on February 1st, 2008 under European Union, Legislation, Online Gambling
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Press Release
Free movement of services: Commission inquires into restrictions on the provision of certain gambling services in Sweden
The European Commission has decided to send an official request for information on national legislation restricting the supply and promotion of certain gambling services to Sweden. In April 2006 the Commission sent a similar [...]

Legal action by EC against Germany restrictions on gambling

Posted by Nicolae on February 1st, 2008 under European Union, Legislation, Online Gambling
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Press Release
Free movement of services: Commission inquires into restrictions on gambling services in Germany
The European Commission has decided to send to Germany an official request for information on national legislation restricting the supply of gambling services. The Commission wishes to verify whether the measures in question are compatible with Articles 43, [...]

Billions from regulating Internet gambling

Posted by Nicolae on February 1st, 2008 under Business, Legislation, Online Gambling, Studies, Reports & Survey, UIGEA, United States
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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 [...]

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

Posted by Nicolae on December 22nd, 2007 under Legislation, Online Gambling, UIGEA, United States
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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 [...]

Google, Yahoo and Microsoft settle online gambling charges

Posted by Nicolae on December 21st, 2007 under Legislation, Online Gambling, Search Engines, UIGEA
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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 [...]

Indian Gaming Regulatory Act (IGRA)

Posted by Nicolae on December 18th, 2007 under Legislation
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The Indian Gaming Regulatory Act (Pub.L. 100-497, 25 U.S.C. § 2701 et seq.) is a 1988 United States federal law which establishes the jurisdictional framework that presently governs Indian gaming.

The Act establishes three classes of games with a different regulatory scheme for each:

Class I: traditional Indian gaming and social gaming for [...]

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

Posted by Nicolae on December 17th, 2007 under Legislation, Online Gambling, UIGEA
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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 [...]

UIGEA - End of comments

Posted by Nicolae on December 13th, 2007 under Legislation, UIGEA
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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 [...]

Life is gambling, don’t ban the Life!

Posted by Nicolae on December 3rd, 2007 under Legislation, Online Gambling, UIGEA
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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 [...]