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cisco
FoxDen Hall of Famer
Registered: Jul 2004
Posts: 8898
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Bush to sign Internet Gambling Bill next Friday
Bush to sign Internet Gambling Bill next Friday
written October 6, 2006
This is sad news but it was expected.
EOG has just learned President George W. Bush will sign the Security and Accountability For Every (SAFE) Port Act into law next Friday, delivering a blow to U.K.-listed online gaming companies, whose shares tumbled after an Internet gambling ban was attached to the legislation.
The port security bill was one of Congress' final actions before breaking for the November mid-term elections. The legislation, part of an election-year focus on national security issues, is designed to keep nuclear, chemical or biological weapons out of shipping containers on their way to the U.S.
The addition of a provision making it a criminal offense to receive funds related to any online gambling activity that is illegal under state or federal law punished a number of gaming companies listed in the U.K., including PartyGaming (PRTY.LN), 888 Holdings (888.LN), and Sportingbet (SBT.LN). PartyGaming and 888 Holdings said they would shut down their U.S.-facing operations as a result of the legislation.
What will be banned next?
Emails?
To read more or interact with others about the ramifications of the Internet gambling bill, visit our posting forums below...
http://www.eog.com/forums/
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10-06-06 06:43 PM |
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cisco
FoxDen Hall of Famer
Registered: Jul 2004
Posts: 8898
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Internet Gambling Bill- Updated positions of Poker, Sports books
written October 6, 2006
Since we initially wrote our column updating gamblers as to which sports books and Poker sites are staying put or caving in, several other operators have emailed us and asked that we mention their "official" positions.
Meanwhile, several other gambling sites who were "undecided" a few days ago have made decisions to continue to do business with US citizens.
Here is our updated list of gambling sites, including Poker, who have shared their stance.
Neteller has stated, "It is currently unclear how NETELLER, a European company, with no assets, presence or employees in the US, would be affected by this bill. Once the regulations have been written, NETELLER will have a clearer view of which companies are affected, how those companies will be expected to comply, and any possible resulting impact on NETELLER and its US facing business."
Therefore, we have placed them in the "undecided" group for now.
Here is our current list below of gambling operations who fall into 3 different categories. Once again, we urge operators to email us as soon as possible to shrink@eog.comto make this list more complete, so that players know what to expect.
Leaving US Market
Party Poker:
Pacific Poker:
Cryptologic and Affiliated Sites:
Boss:
Sun Poker:
Bet Fred:
PCR.com
Bet365
P1Gaming.com
Titan Poker
Celeb Poker
Staying in US Market - At least for now
True Poker:
Paradise Poker:
WSEX
Pinnacle Sports
Ultimate Bet:
Poker.com:
Absolute
Full Tilt
Bodog:
Bugsy'sClub:
Planet Poker:
Full Contact Poker:
Cake Poker:
Jet Set
Jungle Poker
Pharaohs
VegasPoker247
All privately owned sports books
Undecided
Poker Stars:
Paradise Poker:
Poker Room:
Neteller
Hollywood
VIP
Mansion
To read more or interact with others about the Internet gambling bill, visit our posting forums below...
http://www.eog.com/forums/
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10-06-06 06:45 PM |
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CHOP
StatFox Hall of Famer
Registered: Apr 2003
Posts: 4755
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Knee Jerk Reaction From Non-Gambling Politicians
One idiot said, "Click your mouse, and lose your house". There are abuses in any type of potentially addictive pursuits, but most participants are pretty level. Thousands of people are killed by drunk drivers every year, but you can still buy liquor. They want to stop Internet gambling, while encouraging you to take your fifteen million to one shot at winning the lottery every two or three days. In my opinion, it's hypocrisy to the Nth degree. They'd rather you go to the bookie, and pretend nobody's gambling on games. If you don't have money in your offshore account, YOU CAN'T BET. And for those idiots that let their kids have their PIN's, that's not an online gambling problem--that's parental irresponsibility, IMO.
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10-07-06 01:04 AM |
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