Browse by Tag - law
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Argentina moving close to ban online gambling
October 13, 2008Yet another shocking news to our online gambling industry, now this time Argentina moving closer to put a ban on online gambling. The bill was proposed last week and if passed then it would make very difficult for the people of Argentina to gamble online.
Luis Alberto Mauri, the Councillor is the person responsible for proposing the new Bill. He is trying to put the burden on Internet Service Providers (ISP's) to block citizens access to gambling websites.
I don't know what kind of mentality these politicians posses. Why they keep interfering in our personal life I think all because of these local business.
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Kentucky's online gambling case hearing tomorrow.
October 06, 2008Tomorrow, will be the most important day for online gaming industry. kentucky's online gambling case hearing is scheduled tomorrow on October 7th. Lets hope the poker player alliance and Imega wins this case, otherwise it would be a huge blow to our online gambling industry and along with that we'll loose our major poker rooms such as poker stars and full tilt poker rooms.
Poker player alliance and imega informed that they are all set to fight against Kentucky's governor Steve Beshear and we are confident that this case will be in our favor.
I hope everything goes well, see you tomorrow guys with good news.
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Online Poker bill in Senate
October 01, 2008This could be the best news for all the online poker lovers as senator Robert Menendez from New Jersey has established a bill S. 3616, which will regulate and license online poker and other skill games in United States.
The bill "Internet Skill Game Licensing and Control Act of 2008" will resolve many issue's with regards to online consumer protection, age verification process and other safety measures.
The senator stated that bill could bring millions in revenues from online poker industry if properly regulated and licensed. Apart from poker, the skill games mentioned in the bill is bridge, mahjong, card dice or tiles, in which success is purely based on the skill of the players.
Lets hope this bill gets through and we can see a major boost in online poker, which we saw in the year 2003-04.
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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.
