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Tag Archives: online

Shanghai gangster gets death sentence for drug trafficking, gambling, other crimes

The man said to be Shanghai’s “top gangster” has been sentenced to death fordrug trafficking and other crimes. The Shanghai No. 2 Intermediate Courtfound Li Bin, 40, guilty of leading a criminal organization, trafficking indrugs, organizing attacks and illegally possessing weapons, the ShanghaiDaily reported. It said that Li’s wife and 18 members of his gang […]

Law stops Internet gambling payments

Congress has passed a provision outlawing payments to Internet gamblingsites by banks and credit card companies. Congress approved a bill tobolster port security Sept. 30, and attached to this “must-pass” bill is aspecial provision that would make it illegal for credit card companies andbanks to transfer funds to online gambling companies. The law has beendescribed […]

Law stops Internet gambling payments

Congress has passed a provision outlawing payments to Internet gamblingsites by banks and credit card companies. Congress approved a bill tobolster port security Sept. 30, and attached to this “must-pass” bill is aspecial provision that would make it illegal for credit card companies andbanks to transfer funds to online gambling companies. The law has beendescribed […]

Solution for Online Gambling

The below quote is from a Gonegambling.com newsletter written by John Abbott, sounds like a really good idea but polititions are so full of themselves I doubt they will even consider it."I believe in free trade and that governments should keep their noses out of what people want to do in the privacy of their […]

Sportingbet: Gambling ban will create black market

Sportingbet has warned that the US is encouraging the creation of a black market through its online betting ban, after announcing it is taking a hit of £210m on the sale of its business Stateside. Announcing its annual results this morning, the UK-based firm said its profits had risen by 75% to £71.5m, but that […]

Neteller ‘Updates’ Its Position on the Online Gambling Bill

E-wallet company Neteller issued a statement announcing a modification in their policy toward Unlawful Internet Gambling Enforcement Act (UIGEA). The company, which processes a significant amount of the online poker, and online gambling transactions from the U.S. indicated they are going to abide by the rules of the act, but will continue to do business […]

Ontario moves to end illegal Web gambling

Ontario is looking to quash Internet gambling by introducing a bill today that will ban such Web sites from advertising, a move legal experts say oversteps the province’s authority. Gerry Phillips, Minister of Government Services, will table a bill of amendments to Ontario’s Consumer Protection Act, including a section aimed at banning media organizations from […]

MARIANAS ONLINE GAMBLING PLANS DERAILED BY NEW U.S. LAW?

Politicians planning online gambling regulation in the Commonwealth of the Northern Marianas (CNM) were regarding the new US anti-internet gambling law with some disappointment this week. The CNM House Speaker Oscar Babauta said that pending legislation in the region may face setbacks after President George Bush signed a bill that effectively criminalised the financial process […]

Religious policy specialist applauds presidential signing of anti-online gambling Act

Southern Baptist public policy specialist Richard Land, clearly delighted with the ban on online gambling financial transactions that passed into US law recently, has commended President Bush and Congress for their commitment in pushing the legislation through.  In the process he painted a pretty extreme and unsubstantiated view on the industry. “All friends of families […]

Internet gambling still expected to grow despite the new US law against online gambling

Even though President Bush has signed a law to curb Internet gambling, investors in the handful of U.S.-listed Internet gambling companies may not want to fold their hands just yet. “There is growth in this industry even without the US,” said Blackmont Capital technology analyst Wojtek Nowak. “The drive into broadband Internet in Asia and […]

MARIANAS ONLINE GAMBLING PLANS DERAILED BY NEW U.S. LAW?

Politicians planning online gambling regulation in the Commonwealth of the Northern Marianas (CNM) were regarding the new US anti-internet gambling law with some disappointment this week. The CNM House Speaker Oscar Babauta said that pending legislation in the region may face setbacks after President George Bush signed a bill that effectively criminalised the financial process […]

Online gambling sites operating in Costa Rica despite U.S. law

Several operators of Internet gambling sites in Costa Rica known as "sportsbooks" say their businesses will not be significantly affected by a new U.S. law prohibiting bank and credit card payments to the sites. U.S. President Bush signed legislation Friday aimed at prohibiting the credit card and electronic fund transactions U.S. players often use to […]