Eight internet poker players say they are victims of a cheating scheme on the Ultimate Bet website. The players are suing a Canadian company and several unnamed individuals. The players say that the company violated US gambling laws designed to combat organized crime. They also accuse the popular internet gambling site of defrauding players and negligently [...]
Ever since the passage of the Unlawful Internet Gambling Enforcement Act in 2006 some politicians and various gaming lobby groups have tried to get legislation passed that would legalize, regulate and tax internet gambling. So far all efforts have been unsuccessful. Many thought that the incoming Obama administration would be sympathetic to internet gambling but [...]
According to recent news reports it appears that the state of Nevada will be taking applications to license companies that plan to offer internet poker to Nevada residents. The state will start taking applications in February 2012. At last week’s meeting of gaming professionals Mark Lipparelli chairman of the gaming control board said the agency [...]
In late October Texas Representative Joe Barton presented a bill in congress that would re legalize internet gambling. Barton contends that UIGEA, passed in 2006 is “unenforceable.” Barton’s bill would allow individual states to opt in to regulate poker sites and obtain tax revenues from them. Barton stated “Texas would have to opt in to [...]
In testimony before the House of Representatives former senator and chairman of the Poker Players Alliance Al D’Amato listed several problems with current laws regarding online gambling in the United States. The Poker Players Alliance represents the interests of 1.2 million online poker players. D’Amato noted that under current gambling laws which state that poker [...]
Tough economic times have prompted congress to seek new revenue streams to offset budget cuts. Some in congress say that legalized online gambling could bring in billions of much needed revenues annually. In addition several states are planning to offer intra state gambling top residents. Many in congress would like to overturn the ill advised [...]
The casino industry in the United States is making a hard push towards the passage of federal online gambling legislation. Online gambling has been illegal in the United States since 2006 when the ill advised Unlawful Internet Gambling Enforcement Act was passed. While the act does not ban gambling it prohibits banks, credit card companies [...]
Back in 2006 the Unlawful Internet Gambling Enforcement Act (UIGEA) was imposed on an unsuspecting public by anti gambling extremists in congress. The act was passed using the most dishonest of tactics and in, in fact, most legislators were unaware if its existence until it was too late. Predictably the entire online gaming industry spoke [...]
In the US, laws against online gambling, including playing online poker and online slots, have had several unintended consequences. In a few states the unpopular and ill thought out Unlawful Internet Gambling Enforcement Act of 2006, which bans financial institutions from processing transactions related to online gambling, involving such games as online poker, blackjack, and [...]
Seen as a last hurrah by the Bush Administration, the U.S. Treasury has just released the rules and regulations required for the implementation of the Unlawful Internet Gambling Enforcement Act (known as the UIGEA). The UIGEA, passed by Congress in 2006, attempted to eradicate any gambling transactions facilitated by the U.S. banking system. The UIGEA [...]
