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 […]
Tag Archives: online
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 […]
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 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 […]
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 […]
The US Congress has passed tough new federal restrictions on onlinegambling, including measures that prohibit US gamblers from using creditcards, cheques and electronic fund transfers to settle online wagers. Themove came just hours after Peter Dicks, former chairman of Sportingbet, theBritish internet bookmaker, was freed by a New York court, signalling defeatfor Louisiana’s attempt to […]
Ministers want to make Britain the world centre of internet gambling,documents released by Whitehall showed today. The records showed thatministers and officials have met internet gambling tycoons and theirrepresentatives no less than 26 times over the past two years. The detailssuggest that the Government is engaged in a campaign of cosying up to onlinegambling concerns […]
It’s an election year and already one of the biggest issues that has manyvoters’ attention isn’t the scandal of Mark Foley and the congressional pagewho he instant messaged for a year and a half, but it is a bill in which thegovernment is prepared to crack down on online gambling. But is this billgoing to […]
The first firings in the Israeli online gambling industry have started, asIM Intermedia dismissed half of its 100 workers yesterday. The firm suppliesservices for online marketing and data mining for online gaming companies inthe United States, and its customers include Intercontinental Online. Thecompany confirmed the report. Yesterday’s cutbacks are just the first ofmany expected in […]
The world’s largest computer facilities for online gaming are located inCanada and are nicknamed MIT. This doesn’t stand for the MassachusettsInstitute of Technology: It stands for the Mohawk Institute of Technology.That is because this gigantic “server park” — which drives many of theonline gambling sites — is inside the Mohawk First Nations Reserve, alsoknown as […]
A number of gambling industry executives have suggested that they willexploit exemption clauses contained within the Unlawful Internet GamblingEnforcement Act of 2006 – keeping open their principal US facing websites,but retuning them towards skill based games. One has even gone as far as tosuggest that his company will seek to offer online poker within stateboundaries. […]
If the law that is planned to be signed by United States President, GeorgeW. Bush, on Friday is actually signed and enforced, it would be a directspitting in the face of the United States to the World Trade Organization.The WTO claims that the exemptions in the US Internet Gambling ProhibitionBill for horse racing and state […]
Nova Scotia is taking on a leadership role that may help stop problemgambling before it starts. The province has helped develop software thatprevents children from surfing their way on to gaming websites. As many as500 families across Nova Scotia will be able to try out the product forfree. “It’s Internet-blocking software that’s specially designed to […]