With the initial panic over last weekend’s rushed US Congress action againstonline gambling dying down, operational companies are starting to look moreobjectively at the practical implications of this essentially financialrestrictive US proposal. The Unlawful Internet Gambling Prohibition Actcontains no provisions that would make it illegal for a person located inthe U.S. to place a bet […]
Tag Archives: casino
You are no doubt aware of the recent passing of the Federal UnlawfulGambling Enforcement Act in the US. As a result of this act, Casino Blastersis in the process of consulting legal counsel, but until further notice itis business as usual. All affiliates will receive payment for traffic. Formore information, please feel free to contact […]
“The new law passed because members of the pro-family movement — includinga great many Southern Baptists — brought the issue to the attention of bothDemocrats and Republicans,” Bill Frist says in a letter to the SouthernBaptists, a minority group not representative of all, or even a majority, ofcitizens of the United States of America. In […]
The Nova Scotia Gaming Corporation is looking for families to test a newcomputer program for blocking online gambling sites. The corporation saidthe new software program, called Betstopper, is supposed to block more than94 per cent of online gambling sites. The province wants 500 families totest the product in their homes. As many as six per […]
President Vladimir Putin introduced in the parliament Friday a draft lawproposing a new set of regulations for the gaming industry. The presidentproposed the new law after the Interior Ministry launched an apparent stingoperation to check the financial, tax and sanitary-epidemiological documentsof a variety of gambling establishments in the capital allegedly linked tothe Georgian mafia. The […]
Internet casinos were fighting for survival today after they were leftstunned by law makers in the United States who called ‘no more bets’ andsent shares crashing this week. Billions of pounds were lost when Congresseffectively shut down online gambling operations in the US and deprivedcasinos such as Party Poker firm PartyGaming and 888 Holdings of […]
Illinois Church Action on Alcohol and Addiction Problems calls upon RodBlagojevich and Judy Baar Topinka to come up with a better plan to fundeducation that does not rely on people gambling away their money to fundstate programs. Green Party candidate Rich Whitney is the only gubernatorialcandidate to propose a plan that does not include gambling. […]
No word of apology yet from all the City bankers, promoters, PR men, fundmanagers and regulators who are responsible for the worst scandal to hit theLondon stock market for years. Shares in online gaming companies have gonethrough the floor after the U.S. Senate passed a Bill to forbid banks fromprocessing payments to gambling websites. That […]
Trinidad has banned casino slot machines and is moving to outlaw onlinegambling – practices the socially conservative prime minister accuses ofencouraging vice and straining families. Prime Minister Patrick Manningannounced the changes in his budget proposal speech to Parliament onWednesday, less than a week after the U.S. Congress passed legislationcracking down on Internet gambling. “Gaming activities […]
The Pennsylvania Senate recognizes the severe health hazards of second-handsmoke and wants to make sure you are fully protected — unless you’re in acasino.That outrageous loophole was part of a gambling-reform bill the Senatepassed last week. It prevents the state’s 14 new slots venues from beingsubjected to anti-smoking measures. Gary Tuma, an aide to Democratic […]
Congress approved legislation restricting Internet gambling just beforebeginning a lengthy recess, prompting a major shakeup in the online wageringworld.News of the congressional action sent online gambling companies into atailspin when stock markets reopened Oct. 2. Shares of PartyGaming, thelargest of the Internet firms, decreased 58 percent on the London StockExchange, with the company losing about […]
The shares of several Canadian-based online gaming companies plunged in midafternoon trading today after U.S. Congress approved new legislation aimedat restricting most forms of online gaming. As of 2:15 p.m., the shares ofleading software company Cryptologic Inc. fell $4.58, or more than 19 percent, to $20.05 in midafternoon trading, a week after the Toronto companysaid […]
Shares in online gambling companies listed in London lost more than halftheir value immediately after a dramatic move by US authorities to banInternet betting.The market was taken by surprise when the US Congress unexpectedly rushedthrough the Unlawful Internet Gambling Enforcement Act on Saturday, dealerssaid.Meanwhile, US casino owner Harrah’s Entertainment Inc. said thatprivate-equity firms Apollo Management […]
THE US Government stunned the online gambling industry over the weekend bypassing laws that effectively ban the services from their biggest market.The $US6 billion ($8 billion) industry went into meltdown over the news,with shares in UK-listed PartyGaming, 888 Holdings and SportingBet – whichhas operations in Australia – plummeting in early London trading overnight.Also in the […]