After much anticipation -Â the South African Parliament has approved a measure to legalize -Â regulate, and tax online gambling. (The bill is also designed to protect gamblers from unscrupulous online operators and advertisers). The online gambling bill now advances to President Thabo Mbeki for his review and expected signature. The proposal -Â known as the National Gambling…
Everyone out there by now is familiar with the Unlawful Internet Gambling Enforcement Act, also known as simply the UIGEA. The bill was passed by the United States Congress in 2006 as an attachment to the Safe Port Act, a bill to improve port security and minimize the risk of catastrophic terrorist events inside USA…
Poland’s Deputy Finance Minister Jacek Kapica has announced his government’s plan to regulate the online gambling industry. This is expected to take place by the end of 2008. The reasons behind the Polish change of mind was provided by Mr. Kapica when he said: ‘We cannot control this process anyway and it is better that the…
Americans spent more money gambling in 2007 than on movie ‘tickets’ or ‘candy’, but the steady growth of commercial casinos in the past decade could take a hit next year because of a slumping economy and setbacks in building new places to play. A survey released Wednesday by the American Gaming Association showed that U.S….
Barney Frank and his pals have sent an official letter to U.S. Treasury and Federal Reserve officials telling them *not to waste any more time trying to implement a ban on online gambling*. In other words -Â they are giving a direct order not to enforce the UIGEA! (UIGEA = Unlawful Internet Gambling Enforcement Act) This…
The Belmont Stakes -Â the final leg of the Triple Crown -Â sees its 133rd running on Saturday, June 7. The Bodog Racebook has all your Belmont Stakes odds -Â but before you place your bets, be sure you read up! Big Brown – 1/3 – Big Brown captured the Kentucky Derby two weeks before exploding to victory…
Party Gaming Plc – is one of the online gambling operators that is hoping the United States government finally gets its act together and regulates the online gambling industry. While they are waiting on that to happen – they also have been on negotiations with the U.S. Department of Justice. A settlement is reported to…
It is nice to know that no one has forgotten about the online gamblers of America. The House Financial Service Committee’s (HFSC) Bill currently has 48 co-sponsors fighting against the online gambling ban. Frank also announced that – The ban is -Â one of the stupidest things” he has ever seen. His battle seems to be…
As Antigua and Barbuda awaits a resolution to its World Trade Organisation (WTO) battle with the United States, a related battle is being waged on another front. A subcommittee of the US House Committee on Financial Services is scheduled to conduct a hearing on the proposed Unlawful Internet Gambling Enforcement Act (UIGEA). The UIGEA was passed…
Rep. Barney Frank, D-Mass. -Â has called the Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006 -*one of the stupidest things*- he has ever seen. On Tuesday -Â Frank will get a chance to further push that message in Washington when a Congressional hearing will be heard at 10 a.m. ET by the Subcommittee on Domestic and…