Posts - September 2008
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Ky governor wants domains
September 24, 2008Yesterday, I read a post, where Kentucky state governor, Steve Beshear is asking court to give him permission to seize all internet gambling domains. The reason, Beshear stated is that these online gambling operators do not contribute anything to society, like paying tax regularly, attracting tourism and further added that these gambling operators are leeches in our community.
I don't know why these politicians are against online poker, which is totally skilled game. These politician do not have any other work to do? Actually these politicians are dumb head they are not aware of any such things that online poker can be dangerous or not. The main culprit is the local gambling operators who feed these politicians to take action against these business competitors. Its all business.
Seizing big poker domains such as poker stars, full tilt poker and doyles room is because they are doing very well in United States despite UIGEA rules, which is not yet clear as to what is legal and what is illegal.
Anyways, I hope everything goes well and domains are not seized as it can badly effect our online gaming industry.
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Barney Frank's bill passed in the house.
September 18, 2008I can say, its a good news, yes, only good news, that Barney Frank's internet gambling bill H.R. 6870 cleared the house, but it will be great news if the bill clears the senate and signed by president George Bush.
Barney Frank's Payments System Protection Act bill, will now enter senate and we hope it gets green signal from the members of the senate. Bill if passed by the senate will give banking and other financial institution's a ray of hope as they have suffered massive due to current UIGEA payment processing rules.
Current UIGEA rules surcease all payment processing firms such as banks and financial institution's from making any transaction to online gambling industry. All the best Barney
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Barny Frank introduces online gambling bill again
September 12, 2008Election times ahead, many bills will be on the table to get approved by the senate. Thinking of that, congressman or chief of financial services, Barny Frank has once again introduced internet gambling bill to repeal UIGEA. The UIGEA bill currently outlaw all forms of payments to online gambling sites.
Barny Frank bill's main aim is to abolish the UIGEA law especially law related to all forms of payment processing. Most probably hearing for the bill will be on Tuesday.
Lets hope this bill gets passed and bring charm on the faces of millions of online players.
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Dutch passes online gambling tax bill
September 11, 2008Dutch government has passed online gambling tax bill in senate yesturday. The bill states that government will impose 40% tax on revenues from both legal and illegal gambling.
According to Dutch government online poker, casino games like blackjack and other are game of luck and chance. The bill further added that provisions laid down in oder target individuals who win at foreign online gaming sites.
