Gambling and the Law
December 4, 2009
After months of Rep. Barney Frank’s two online gaming related bills put on the back burner in lieu of America’s financial crisis and pending health care reform, a hearing was finally scheduled to bring the pieces of legislation up for serious discussion once again. The date was Thursday, December 3, and the primary focus would be on H.R. 2267, better known as the Internet Gambling Regulation, Consumer Protection & Enforcement Act of 2009.H.R. 2267 was originally introduced in May of 2009 to officially legalize and regulate the online gaming industry through a licensing process.
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November 27, 2009
The deadline was coming so close that the poker industry, normally a cool and collected bunch, was getting nervous. The Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006 was on the verge of its December 1st compliance date that would require all United States financial institutions to enforce the complicated and convoluted law that makes it illegal to fund online gaming activities.
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November 4, 2009
The Department of Justice seems to have no complaint about the current status of U.S. online gaming law, as it has been accumulating quite the bankroll from companies targeted on the shaky ground upon which their efforts are based. The latest score for the DoJ came through a settlement reached with Firepay, an online payment processing company that agreed to pay $19.2 million for supposedly violating federal laws.It was only in the spring of 2009 that the U.S.
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October 31, 2009
One of the arguments for legalizing online poker in the United States has long been that it would generate much-needed revenue for the U.S. government through a regulation and licensing structure. Studies have shown that tens of billions of dollars could be raised in such a way, but the latest report comes directly from members of Congress and the Joint Committee on Taxation. And the number is directly in line with other estimates, as the Committee showed that up to $42 billion could be raised through online gaming over the next decade.The first major study pertaining to possible U.S.
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October 24, 2009
On October 22, a case involving the domain names of 141 internet gaming sites went before the highest court in Kentucky. Eyes and ears were focused on the Commonwealth of Kentucky v. IMEGA et al as it came before the Kentucky Supreme Court on an appeal from the Commonwealth, and it was poised to set a precedent not only for online gaming but internet rights in general.The case began in 2008 when Governor Steve Beshear decided that online gaming sites were illegally infringing upon Kentucky’s own legalized gambling profits, such as those found through thoroughbred racing and the lottery.
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October 7, 2009
As the summer turns to autumn and thoughts of passing pro-online poker legislation in the halls of the United States Congress in 2009 begin to fade, there is one thing that Representatives can - and must - do before December 1, 2009. In order to keep the regulations of the Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006 from requiring enforcement, Congress must pass H.R. 2266 to delay it from going into effect until December of 2010. That gives them another year to attempt to pass more responsible legislation that will overturn the UIGEA.
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September 28, 2009
Sensible regulation of the online poker industry in the United States seems that it may still be a long time in the making, despite the common sense aspects of it that ring true with most poker players. But favorable state laws and pertinent rulings by state court judges are positive in the larger picture, as demonstrated by the most recent decision to come out of South Carolina.
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