This Week in Gamb...
Follow
Find tag "uigea"
3.6K views | +0 today
This Week in Gambling - News
This Week in Gambling - News
News for Online Gambling, Land Based Casinos, and Social Gaming
Your new post is loading...
Your new post is loading...
Scooped by This Week in Gambling
Scoop.it!

Family Values Group Want UIGEA Strengthened

Family Values Group Want UIGEA Strengthened | This Week in Gambling - News | Scoop.it

Despite close to a dozen states pushing forward to legalize online poker, some groups are looking to further strengthen existing prohibition such as the Unlawful Internet Gaming Enforcement Act (UIGEA).


UIGEA essentially makes it illegal for US banks to process payments for online gambling companies. The US Justice Department, meanwhile, has given the green light to states to regulate Internet poker.


More...

more...
No comment yet.
Scooped by This Week in Gambling
Scoop.it!

States and Feds Race to Get Internet Gaming Legislation

States and Feds Race to Get Internet Gaming Legislation | This Week in Gambling - News | Scoop.it

Gaming experts have an urgent message for indigenous leaders: Federal legislation to legalize online gaming is coming, and if you want to protect Indian country interests, you need to get your strategy in place now.


The clock is ticking toward the lame-duck sessions of Congress in the crucial weeks after the presidential election this November. Experts say that’s when there will be the greatest risk—and greatest opportunity—for the nations, because that’s when legislation is most likely to be pushed through. During such a session at the end of 2010, Washington was abuzz over Sen. Harry Reid’s (D-Nevada) efforts to attach an online poker bill to a must-pass appropriations bill. Reid’s proposal would have harmed Indian gaming tribes and given a huge advantage to some of his biggest backers in the commercial gaming industry in Nevada. After a groundswell of opposition from the National Congress of American Indians (NCAI), Reid backed down.


Reid’s bill would have hurt tribal gaming and tribal sovereignty by, among other things, imposing federal taxes on tribal governments that operate internet poker and separating the gaming operator from the gaming regulator, thereby limiting the tribal government’s role and authority. Perhaps the most bizarre provision would have excluded any tribe earning less than five percent of total U.S. gaming revenue from participating in the initial launching of Internet gaming, cutting dozens of small Indian casinos out of the market...

more...
No comment yet.