Headlines: Poker, Law, and Politics (1/23/07)

neteller.jpg


article:

Gambling: Law deals online gamblers a new hand (Lockport Union-Sun & Journal, 01/22/07)

U. S. Government Widening Attack On Online Poker and Gaming (Poker News, 01/23/07)

Article On Current U.S. Legal Assault (Online-Casinos, 01/22/07)

New rules OK more poker (Winnipeg Sun, 01/23/07)

Cutting the Wire: Gaming Prohibition and the Internet (Journal of Gambling Issues, 01/07)

media:
Online Gambling News (CNBC, 01/22/07)


US investigators demand information from investment banks about Internet gambling firms (Reuters. 01/22/07)

excerpt:
Gambling: Law deals online gamblers a new hand (Lockport Union-Sun & Journal, 01/22/07)
“A new federal law that targets online gambling hasn’t deterred Wheatfield resident Matt Wilkinson from playing Internet poker. The legislation has been little more than an inconvenience for Porter resident and poker devotee Larry Austin, and it hasn’t impressed the head of the area’s largest gambling treatment program.”


U. S. Government Widening Attack On Online Poker and Gaming (Poker News, 01/23/07)
“After initial attacks on the online sports betting industry during the summer of 2006, the U. S. Department of Justice has been expanding their reach. After the passage of the Unlawful Internet Gaming Enforcement Act in October, several sports books and online poker rooms restricted access to Americans and, after the arrest of the founders of NeTeller last week, some online e-wallets are feeling the pinch as well. Now the DOJ is moving on to the place where it might have significant effect…Wall Street. ”

Article On Current U.S. Legal Assault (Online-Casinos, 01/22/07)
“Legal expert Martin Owens wrote: “…..as with the rest of its private wars, the Bush administration’s efforts against online gambling are getting uglier and meaner without accomplishing anything effective. The latest arrests of the NETeller founders fit the pattern. It is a “shock and awe strike” that turns out to be misdirected, and will yield no long-term results, because the people in charge have no clear idea as to where they’re headed.”

New rules OK more poker (Winnipeg Sun, 01/23/07)
“Charitable and religious organizations can shuffle up and deal on a permanent basis due to new licensing rules that allow them to hold real-money poker tournaments. Starting Feb. 1, those groups can apply for a provincial licence to hold Texas Hold’em poker events that raise money for their cause and reward competitors with a payout.”

Cutting the Wire: Gaming Prohibition and the Internet (Journal of Gambling Issues, 01/07)
“Professor Schwartz’s skepticism proved to be well founded. The United States is not responding to the new market conditions created by new information technology by “rationally administer[ing] the world of gaming offered by the Internet,” the course adopted by other countries, but by prohibiting it.”

media:
Online Gambling News (CNBC, 01/22/07)

A number of firms on Wall Street are being slapped with subpoenas in an online gambling investigation, with Darren Rovell, CNBC Sports Business Reporter

US investigators demand information from investment banks about Internet gambling firms (Reuters. 01/22/07)

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