News

  • 05 October 2006

    LOBBYING 101: HOW HORSE RACING DODGED US INTERNET GAMBLING BILL

    THE INDEPENDENT By Stephen Foley in New York Published: 05 October 2006 The American horse racing industry paid more than $3m (£1.6m) in political donations, and spent millions of dollars more on entertainment and “education”, to ensure its exemption from the new internet betting laws that sealed the destruction of offshore online gambling.

    Read full article
  • 04 October 2006

    ONLINE CASINO ACTION TAKES BIG HIT

    ACN NEWSWIRE Online Casino Betting Hit Australasian Investment Review Sydney, Oct 4, 2006 (ACN Newswire) – Yes it was sneaky and yes it is terribly ‘American” but all those investors and punting left lamenting the end of the online gaming industry should realise one or two things. Not many people care and the Americans have left a couple of areas of activity to be exploited for the simple reason that American gaming companies are already in those spaces.

    Read full article
  • 04 October 2006

    EXPERTS SAY ONLINE GAMBLING WILL CONTINUE EVEN WITH ONLINE GAMBLING BAN

    TECHWEB October 03, 2006 (1:11 PM EDT) Gaming Expert: Online Bets Will Continue, Despite New Laws By W. David Gardner, TechWeb Technology News Online gamblers in the U.S. will likely be seeking alternate ways of wagering to avoid new restrictions by Congress that are aimed at halting the practice, an expert in online gambling said in an interview Tuesday. “It’s not going to work,” said Frank Catania, former New Jersey gaming regulator.

    Read full article
  • 04 October 2006

    US Anti-Gambling Law Hits Canadian Tech Companies

    MEDIACASTER Internet service providers (ISPs) and financial institutions in the U.S. may be liable for severe fines, criminal penalties and imprisonment under a new anti-online gambling law. Some Canadian gaming software and infrastructure companies may have to fold as a result, but for now, they are playing their cards close to the chest. The Unlawful Internet Gambling Enforcement Act of 2006 was passed just minutes before the mid-term election period recess.

    Read full article
  • 04 October 2006

    A Look At The Unlawful Internet Gambling Enforcement Act 2006

    iGAMING 03-10-06 The Act starts with the findings of a report from the National Gambling Impact Study Commission, chaired by Republican Kay Coles James, which states that Internet gambling is a growing problem for banks and credit card companies and that ‘new mechanisms for enforcing gambling laws on the Internet are necessary.

    Read full article
  • 03 October 2006

    MORE LEGISLATION IN THE WORKS REGARDING ONLINE GAMBLING

    DATE: October 2, 2006 CONTACT: ALISE KOWALSKI PRESS RELEASE – CONGRESSMAN BOB GOODLATTE CONGRESS APPROVES LEGISLATION TO DETER ONLINE GAMBLING Washington, DC: On Saturday, the House and Senate passed legislation to curb Internet gambling. The measure was included in the port security conference report, H.R. 4954, and prohibits online gambling businesses from accepting payments for the purpose of betting.

    Read full article
  • 02 October 2006

    I. NELSON ROSE, PROFESSOR OF LAW LOOKS AT THE UNLAWFUL INTERNET GAMBLING ENFORCEMENT ACT OF 2006

    I. NELSON ROSE PROFESSOR OF LAW, WHITTIER LAW SCHOOL HOME OFFICE: 17031 ENCINO HILLS DRIVE ENCINO, CALIFORNIA 91436 (81 788-8509 FAX: (81 788-3104 WEB SITE: www.GAMBLINGANDTHELAW.com EMAIL: rose@sprintmail.com Gambling and the Law®: The Unlawful Internet Gambling Enforcement Act of 2006 Analyzed © Copyright 2006, all rights reserved worldwide. GAMBLING AND THE LAW® is a registered trademark of Professor I Nelson Rose, www.GAMBLINGANDTHELAW.com.

    Read full article
  • 02 October 2006

    BANKS BREATHE SIGH OF RELIEF - ONLINE GAMBLING BAN POSSIBLY NOT AS BURDENSOME AS FEARED ON FINANCIAL INSTITUTIONS

    CHRON.COM Oct. 2, 2006, 1:33PM Banks See Protections in Gambling Bill By GREG EDWARDS Dow Jones Newswires © 2006 The Associated Press ST. LOUIS — The Internet gambling legislation passed late last week by the U.S. Congress, which led to a major sell-off of Britain-based online gambling stocks Monday, remains a concern to the U.S. banking industry but isn’t as burdensome as feared.

    Read full article
  • 02 October 2006

    Online Gaming Companies Battered on Stock Exchange

    iGAMING 02-10-06 Major online gaming firms have today been left reeling by the passage of the Unlawful Internet Gambling Enforcement Act last Friday. Having already announvced their intentions to pull out of the US market once President Bush signs the bill into law, Party Gaming and 888 lost 57% and 34% respectively.

    Read full article
  • 02 October 2006

    Weir Calls For Stronger Action Against Credit Card Gambling

    SNP WESTMINISTER SNP Work & Pensions spokesperson, Mike Weir MP, has renewed his call to the UK government to take strong action against the use of credit cards for online gambling. Mr Weir made the call following the passage of a new law by the United States Congress which makes it illegal for American banks and credit card companies to process payments to online gambling companies.

    Read full article