Tag: gambling

Appeals Court Upholds Online Gambling Ban

The U.S. 3rd Circuit Court of Appeals in Philadelphia upheld the Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006, rejecting that the law was vague and violated individual privacy rights.
The law was challenged by the Washington, DC-based trade association Interactive Media Entertainment & Gaming Association (IMEGA), on behalf of the Internet gambling industry.

How Much is The Prohibition of Online Gambling Costing The Search Engines?

Normal 0 June 10, 2009, was the day when opposing forces clashed over the future of online gambling. First, U.S. authorities froze the online bank accounts belonging to some 27,000 online gamers as part of a general crackdown against illegal gaming and money laundering. Almost at the exact same moment, the European Union accused the […]

Taxing Online Gambling Could Bring The U.S. Billions

Online gambling could generate $52 billion in revenue in the U.S. over the next ten years if the three-year-old-ban on Internet gambling was repealed and the government taxed the industry, according to a new study.
The study by accounting firm PricewaterhouseCoopers could influence Congress to lift the 2006 Unlawful Internet Gambling Enforcement Act (UIGEA).

Frank To Introduce Repeal Of Online Gambling Ban

Though Representative Barney Frank has gotten most of his attention due to his role in handling the economic crisis, the chairman of the House Financial Services Committee is also known for his nearly lone opposition to the Unlawful Internet Gambling Enforcement Act, almost unanimously passed in late 2006. Frank is holding steady on that opposition and, according to Reuters, will introduce legislation next month to repeal that law.

Kentucky Overturns Gambling Domain Seizure

The Kentucky Court of Appeals ruled late Tuesday that the state could not seize 141 online gambling domains because they do not constitute a gambling device under Kentucky law.The ruling overturns a controversial decision made by Franklin County Circuit Court Judge Thomas Wingate in October that said online gambling domains could be seized by the state because the domains were illegal gambling devices that violated Kentucky law.

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