Archive for January, 2012

US Online Gambling Update

Posted by admin on January 16, 2012

US Online Gambling Update
There has recently been a change of opinion from the United States Department of Justice. The issue in question is how the Wire Act of 1961 affects various forms of online gambling. The Department of Justice has explained that its legal counsel has looked more carefully at the Wire Act, and is of the opinion that the act is not about all forms of online gambling, and only about sports gambling. Up until now, the federal authorities in the United States used the Wire Act to prohibit all forms of online gambling. The Wire Act was not used in isolation since the UIGEA (Unlawful Internet Gambling Enforcement Act) has effectively rendered online gambling illegal in the United States since it bans all online gambling transactions. However, many of the prohibitions to do with online gambling in the US have recently been connected to the Wire Act. The statement from the United States Department of Justice included the following: “The Department of Justice’s view is and has been for some time that all forms of Internet gambling, including sports wagering, casino games and card games, are illegal under federal law. While many of the federal statutes do not use the term ‘Internet gambling,’ we believe that the statutory language is sufficient to cover it.” The statement further noted: “The Criminal Division’s premise is incorrect and that the Wire Act prohibits only the transmission of communications related to bets or wagers on sporting events or contests.” While this will affect how online gambling is looked at in a legal sense, there are other issues that need to be addressed. For example, the American Gaming Association is still of the opinion that online gambling needs to be regulated and legalized on a federal level. This would be important because of the safety for consumers and it “would prevent fraud and money laundering, address problem gambling and ensure players aren’t being cheated.” Related Posts Two of Top Five Games of 2011 from Microgaming Playtech Releases Eight Online Casino Games A 3D Scratch Slot Launched by NeoGames Mega Moolah Hit Before New Years New Slot from Rival Gaming   Share on Facebook, Twitter, MySpace…

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Harry Reid Holds Online Casino Bill’s Future Hostage

Posted by admin on January 11, 2012

Harry Reid Holds Online Casino Bill’s Future Hostage
Harry Reid is as mysterious as the Sphinx when it comes to predicting his ultimate stance on online casino regulation. Now that Barney Frank’s measure proposing regulation of online casinos has gathered some momentum in the House, observers are wondering how the bill may fare in the Senate. The uncertainty of which way that chamber will turn on Internet gambling lies directly at the feet of Senate Majority Leader Harry Reid.”He’s the linchpin,” Representative Shelley Berkley, from Reid’s home state of Nevada, told the Reno Gazette-Journal. “He will be the decider when it comes to Internet gaming.”On the surface, it might seem obvious that Reid would be on the side of opening the online gambling market and allowing the licensing of Internet poker sites and online gambling operators. Like Reid, Frank is a powerful member of the Democratic Party, and Reid certainly has no desire to aid Spencer Bachus and the ultra-conservative right in defeating H.R. 2267.But Reid has long relied heavily on the support of the giant casino companies in Las Vegas, a group divided on the subject of online casinos. Until recently, the land casinos were united behind Steve Wynn and his insistence on continuing the ill-designed UIGEA ban.Lately, some operators, led by Harrah’s, have altered their position, preparing themselves to adapt to regulated online gambling. The shift has left the American Gaming Association adopting an officially neutral stance.While Berkley told the paper she sees Reid softening on the issue of Internet casinos, the hardened politician finds himself in a fight for his political life. Without a decisive order from the casino companies, Reid may take whichever side is most politically expedient with his constituents to ensure his re-election.This could mean the entire US online casino policy for years to come may be decided by Nevada voters’ feelings on whether Internet gambling will increase or decrease their unemployment rate. Published on August 9, 2010 by MattMiller

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Massachusetts Compromise Casino Bill Blocked by Governor

Posted by admin on January 9, 2012

Massachusetts Compromise Casino Bill Blocked by Governor
Massachusetts lawmakers succeeded in crafting a compromise casino gambling bill, but Governor Deval Patrick says he won After a divisive argument between the legislative houses in Massachusetts almost derailed this year’s chances for expanded gambling in the state, it now appears the governor may prevent the bill from becoming law. Deval Patrick told reporters he won’t sign the casino bill as currently structured.Patrick says he needs lawmakers to amend the bill, which permits the creation of three resort casinos and two racinos at existing race tracks. Patrick wants an amendment added eliminating the racino provision and allowing only the stand-alone casinos.While the casino operators would be subject to a competitive bidding process, the racino locations would be assigned to existing tracks, one of which is Suffolk Downs. The House version of the bill, guided by Speaker Robert DeLeo, whose district contains the track, specified the need for racinos.”I’m not going to be a part of no bid contracts, that’s precisely the kind of thing that folks voted to change,” said Patrick. “That kind of inside deal that the fix would be in for some powerful interest.”The Senate version had licensed only the casinos, but DeLeo forced the racinos into the compromise version, playing chicken with a deadline of last week until the Senate side blinked. Now, it is highly doubtful the Speaker will allow any casino bill to go forward unless a Suffolk Downs racino is included. Published on August 9, 2010 by K.C.Carmichael

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Mayor threatens to shut down Duluth casino

Posted by admin on January 6, 2012

Mayor threatens to shut down Duluth casino
Mayor threatens to shut down Duluth casinoSource: Washington ExaminerFriday 6th January, 2012  The mayor of Duluth is threatening to shut down the local Indian casino if an agreement cannot be reached on revenue sharing.Mayor Don Ness says a 1986 contract with the Fond du Lac Band of Lake Superior Chippewa gives the city authority to halt gambling if the profit-sharing agreement is invalidated.Ness says banning gambling would be the last… …Read the full story at Washington Examiner

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