All Entries Tagged With: "UIGEA"
Another Victim in the US Online Gambling World
US online casino players will be sad to hear that yet another online casino has been chased out of the country by law enforcement officials. The victimized online casino this time is Golden Casino, run on Vegas Technology online casino software. Some time ago, in July 2008, the Louisiana State Police force started an investigation [...]
NYDA and FirePay Reach Settlement
FirePay, owned by Optimal Group Inc., a Canadian company, were a well-known and popular e-wallet solution used by many in the United States. FirePay moved out of the US market at the time that the UIGEA (Unlawful Internet Gambling Enforcement Act) was enacted in October 2006. The New York District Attorney had threatened to prosecute [...]
Requests to Begin UIGEA on Schedule
Senator Jon Kyl, and Representative Spencer Bachus have written a letter to the Treasury asking that the UIGEA’s (Unlawful Internet Gambling Enforcement Act) implementation begin on schedule next month, on 1st December, without any delays. The request came as a response to an earlier request from Barney Frank, and 16 other Congressmen, to delay the [...]
Possible Billions in Revenue from Online Casino Taxation
Many of those in support of legalized and regulated online gambling have pointed out that should online gambling be legalized, that much-needed money could be raised by online gambling taxation. These additional funds could be used by the government where it sees fit, although many have recently mentioned that the substantial amounts of tax that [...]
Tony Cabot Discusses the Odds Against the Online Gambling Bills
Tony Cabot, an online gambling legal authority, is of the opinion that the odds against the online casino regulatory bills passing into law are about 20 to 1. When speaking at the International Masters of Gaming Law conference in Amsterdam, Tony Cabot, a specialist in Internet gambling laws, and a Las Vegas lawyer, explained why, [...]
UIGEA Not to be Abolished Yet – New Interpretation
The online gambling world is abuzz with excitement since the US Third Circuit Court of Appeals brought down their decision to uphold the UIGEA (Unlawful Internet Gambling Enforcement Act), considering it valid as a law. One would think that the UIGEA winning the case would mean that iMEGA (Interactive Media Entertainment & Gaming Association) lost [...]