More Online Gambling Meetings Scheduled This Week in Congress
14 November 2011
With one online gambling Congressional meeting done, a house panel plans to look deeper into the issue starting this week. The issue at hand is internet gambling and the efforts to legalize online poker.
The Subcommittee on Commerce, Manufacturing and Trade has set a hearing Nov. 18th according to officials, there has not been a list of speakers released as of yet.
The last subcommittee session last month talked about legalizing, regulating, and taxing online poker. Currently overseas sites make millions of U.S. players even though the U.S. government is trying to outlaw play.
The Subcommittee chair in the October session was Rep. Mary Bono Mack, R-Calif. And she heard Indian Tribes, coalitions and representatives for both poker players and casino companies. At the time she promised more meetings to hear from state officials and the Commerce and Justice departments.
Poker advocates have called on the House-Senate “supercommittee” on reducing the U.S. debt to add an online gaming initiative among the recommendations. This as seemed to spark interest and if anything can be read into the many meetings now being called, at least it shows that there is clear movement on online gambling in Congress and possible we are seeing a positive momentum set in.
14 May 2010Canadian Man Pleads Guilty in U.S. Online Gambling Charge
Douglas Rennick, a Canadian man, has pleaded guilty to a count of processing offshore bets of U.S. citizens. Originally Rennick was looking at a charge of conspiracy and bank fraud. He had allegedly laundered $350 million dollars for overseas internet gambling companies. Rennick was indicted in August and on Tuesday entered a guilty plea to the one charge in New York Federal court. Part of the plea was forfeiting $17.1 million and a possible prison term of 6-12 months.Read full article
02 June 2010France to Award 30 Licenses for Online Gambling
Today the government of France approved a new online gambling bill. The bill passed the French parliament by a narrow 299-233 vote. The French will grant only 30 licenses to operate online casinos and poker rooms within its borders. Though it is now official and France says that licenses will be granted in time for the 2010 World Cup, not everyone is excited about the French market.Read full article
09 June 2010France Issues 11 Licenses For Online Gambling
France acknowledged that 11 companies have been granted license and have been registered to conduct online sports and horse race betting as well as online poker within France. According to Arjel president Jean-Francois Vilotte, the regulator of gaming in France, “There were 35 requests for licenses and we have retained 17 at this stage. None have been formally rejected.Read full article