Electronic Clearing House Inc. on Wednesday said a portion of its businessand future results of operations will be affected by the recently passedUnlawful Internet Gambling Enforcement Act of 2006. The company said it willphase out any services related to check processing activities for Internetgaming before the 270-day regulatory determination period expires. The lossof revenue and […]
Tag Archives: gambling
The European Commission said it has asked Austria, France and Italy to provide information on national legislation restricting the supply of certain gambling services. The move follows similar requests issued to Denmark, Finland, Germany, Hungary, Italy, the Netherlands and Sweden. The commission said it wants to ascertain whether the countries’ measures are compatible with EU […]
U.S. Sen. George Voinovich thinks he can keep casino gambling out of Ohioone way or the other. He’s not up for re-election this year, but he’straveling the state spearheading the Vote No Casinos effort that is opposinga ballot initiative to bring slot machines to Ohio’s seven race tracks andtwo sites in Cleveland. That initiative, called […]
Maryland supporters of legalizing slot machines have had an outspokenchampion in Gov. Robert L. Ehrlich Jr., but some key gambling enthusiastsare now putting their money behind his Democratic opponent in the race forgovernor. Campaign records show that donations have started going toBaltimore Mayor Martin O’Malley, who has pledged to support a limitedgambling plan that would […]
When Congressman Bob Goodlatte introduced his anti-gaming legislation inFebruary, he sent a letter to his Republican colleagues in the House ofRepresentatives with a stark message: This is the bill Jack Abramoff doesnot want you to sign. Mr Goodlatte’s invocation of Mr Abramoff, the oncepowerful Republican lobbyist who was engulfed at the time in a wide-ranginglobbying […]
In a press statement titled “Americans Still Free to Gamble Online” theInteractive Gaming Council, a trade association for Internet gamblingoperators, pointed to important aspects of the new US legislation this week.The IGC statement paints a background to the law whereby “Literally in thedark of night, without debate and far from public scrutiny, Republicanleaders in Congress […]
Prior to analyzing how the new federal law interacts with state gaming law,it is necessary to have a basic understanding about the two constitutions bywhich we are all bound. Every state has a constitution that is a body oflaws that the citizens of that state must follow. There is also a federalConstitution that all citizens […]
BRITISH firms continued to feel the strain of a crackdown on internetgambling in the United States as two more firms abandoned operations acrossthe Atlantic.London-based casino Leisure & Gaming said it was “no longer appropriate” forthe company to accept US customers after Congress approved the UnlawfulInternet Gambling Enforcement Act. It also revealed it was consideringselling its […]
The fallout from new laws restricting internet gaming in the US cast a pallfurther across the City yesterday when two more London-listed companiessuspended operations there. Fairground Gaming and Leisure & Gaming, whichrun casino and poker websites, joined the mounting casualties fromCongress’s shock decision this month to ban banks and credit card companiesfrom processing payments from […]
If a story appearing today in the Financial Times is accurate, thepresidential signing into law of the Unlawful Internet Gambling EnforcementAct is likely to be a slam-dunk. The respected publication carried a storyquoting unidentified lobbyists who summarised the events leading up to thepresentation of the Goodlatte Bill, including the exploitation of the JackAbramoff lobbying scandal […]
In the high-stakes poker game of politics, online gambling lobbyists lost amonster hand late last month after Congress passed legislation prohibitingfinancial institutions from making payments to online gambling sites. Thelong-standing issue came to a head after presidential hopeful SenateMajority Leader Bill Frist, R-Tenn., became the torchbearer for conservativegroups lobbying to ban Internet gambling. Despite repeated […]
Cincinnati and Columbus are on opposite sides when it comes to a ballotinitiative that would permit gambling in Ohio. Elected officials andbusiness leaders in Cincinnati said Monday they support a ballot initiativeto permit gambling in Ohio, a sharp contrast to the Columbus Chamber andColumbus Partnership’s opposition of Issue 3. If voters approve theamendment, it would […]
Three more online gaming companies said today they are suspending operationsin the US after the Senate passed legislation outlawing gambling on theinternet.Fairground Gaming said it would stop taking bets from customers in the US assoon as President Bush signs the Unlawful Internet Gambling Enforcement Actinto law. He is expected to do so this week. Fairground, […]
Two online gambling firms have announced that they are suspending theiroperations in the US ahead of the imminent implementation of new lawsrestricting internet gaming. In separate statements released this morning,Fairground Gaming and Fireone said that they would immediately cease tradingin the US once the unlawful internet gambling enforcement act had beenratified. The legislation, due to […]