EU to US: Drop Gambling Ban
17 June 2009
The European Union is definitely not dropping the ball when it comes to trying to get the USA to drop our stupid “ban”* on online gambling. Their main argument is that the 2006 ban, via the UIGEA, violates world trade agreeements.
The EU, as well as the WTO and many other organizations have been after the US to get the online gambling “ban”* dropped, but we all know full and well that Dubya spent more time at his ranch than in the Whitehouse, so he could have cared less if online gambling was regulated and legalized on the federal level…
It’s apparent that only Barney Frank and few other politicians actually have a clue and want the UIGEA repealed just as bad as us players do. We’re talking about billions of dollars being injected into the US economy, and that’s something we desperately need right now. The EU has stated that they will not file any legal action until they talk with Obama and his administration to try and get this resolved in a civil and amicable way for all parties involved.
*The only thing that is banned is financial transactions going to and from bank accounts in the USA to online casinos..Online poker is NOT covered, and many banks have already stated that they have neither the manpower nor the financial means to enforce the UIGEA, so transactions are going through as normal, depending on your bank and their policies. Also, some states such as New York and Washington have specific laws against gambling online, so please check your state laws before attempting to gamble online, so that you know it is in fact legal to do so.
19 October 2015Russia Takes UIGEA-Like Approach Against Online Gambling
The Unlawful Internet Gambling Enforcement Act in the United States, known as the UIGEA for short, absolutely crippled the industry by attacking the financial transactions for the sites in a way that was very difficult for players to get around. Now the Russian government is showing a lot of support for a similar bill that will have banks facing stiff fines and other punishments for processing payments for illegal online gambling.Read full article
17 September 2015California Daily Fantasy Sports Regulations Proposed
There has been a pretty fierce battle going on in California over the online poker industry for the past few years, and a bill supporting it has failed once again because of political issues between racetrack operators, native tribes and other groups. The same person who proposed the poker legislation Assemblyman Adam Gray is behind a new proposal to regulate and provide licensing processes for daily fantasy sports sites to operate in the state.Read full article
25 April 2011Will Absolute Poker Use WTO to Fight U.S.?
If the aftermath of the FBI indictments of the 4 major U.S. facing online poker sites there have been progress made in how the sites will return monies owed to the U.S. poker players who have withdrawals due to them. Full Tilt Poker and PokerStars have already made agreements with the U.S. Government to have their domains returned to process withdrawal claims.Absolute Poker and Ultimate Bet however are looking into taking a harder stance against the U.S.Read full article