RGA endorses Internet Gambling Initiative:

07 July 2007

RGA-Remote Gambling Association has announced an endorsing of the Safe and Secure Internet Gambling Initiative (SSIGI). Working to promote legalizing and regulating online gambling in the USA.

In May of 2007 the SSIGI was created by two U.K. based companies in order to help strengthen the bill bought forward by Rep. Barney Frank. Which is to license and regulate online gambling in the USA.

Raising awareness that regulating online gambling would better protect consumers, as well as financial transactions.

RGA represents some of the largest global remote gambling companies and have said they will sure support SSIGI.

Clive Hawkswood a chief executive for RGA stated “RGA endorses the Safe and Secure Internet Gambling Initiative in its mission to support regulated Internet gambling and protect consumers betting online”. Hawkswood also stated: “Internet gambling is capable of control in order to prevent it from being used as a source of crime”. “Only through regulatory framework as championed by the Initiative will proper protections be in place to guard against money laundering, fraud and identity theft.”

Spokesman for SSIGI, Jeffrey Sandman, expressed the organizations gratitude for the RGA’s support and encouraged others to show support.

The RGA has provided statements to the House Committee and Financial Services that a regulatory framework for Internet gambling would protect consumers and provide a safe means for Internet gambling financial transactions.

SSIGI has said that other endorsers include eCOGRA, GamCare and the European Gaming and Betting Association.

Related News

  • 14 May 2010

    Canadian 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
  • 29 May 2006

    Politics of US gambling makes for odd bedfellows

    Politics of US gambling makes for odd bedfellows By Edward Alden in Washington Published: May 26 2006 22:36 | Last updated: May 26 2006 22:36 Financial Times Of the 50 states in the US, in only two – Utah and Hawaii – is it impossible to find a place to gamble legally. Casinos dot America’s landscape, from the neon palaces of Las Vegas to some 400 more modest facilities on Indian reservations.

    Read full article
  • 27 June 2006

    New state online gambling law raises doubts

    Monday, June 26, 2006 Seattle Post-Intelligencer / seattlepi.com New state online gambling law raises doubts Some legal experts say it’s too broad to hold up in court By BLYTHE LAWRENCE AND TRACY JOHNSON P-I REPORTERS Weeks after a new state law about online gambling took effect, some legal experts are questioning whether it would hold up in court. The new law echoes a federal law that already makes Internet gambling illegal and upped the crime to a felony.

    Read full article