Headlines: Poker, Law, and Politics (2/06/07)

Online Gambling Industry Predictions for 2007 (Gambling911, 02/06/07)

Online Gambling & Terrorist Financing: America’s New “Poker Threat” (Digital Money World, 02/06/07)

Editorial: Are we all gambling criminals? (Los Angeles Times, 02/04/07)

Letter to the Editor: Sen. Bill Frist attached the (UIGEA) to the Port Security Act (Desoto County, 01/30/07)

excerpt:
Online Gambling Industry Predictions for 2007 (Gambling911, 02/06/07)
“Nevada Senator Harry Reid is running the Senate so we can expect a Vegas move into online gambling to happen sooner than later and probably this year. For that to happen we’ll have to see certain exceptions take place with the law that passed in October.  The most likely scenario will be that online poker gets exempt.  Vegas will be pushing for that.  Likewise, language applying to the banking institutions will probably have to be relaxed somewhat.”


Online Gambling & Terrorist Financing: America’s New “Poker Threat” (Digital Money World, 02/06/07)
“Strangely enough, the authorities are attempting to link NETeller’s online payment processing of gambling money to terrorist funding. Despite the fact that NETeller in the UK has public shareholders, pays dividends and offers 100% audited financial statements, the FBI is pursuing an argument that e-wallet funds are being used to finance terrorist.”

Editorial: Are we all gambling criminals? (Los Angeles Times, 02/04/07)
“One bemused Las Vegas sports handicapper told the Wall Street Journal last week that the ban on Internet gambling should be renamed the “Sopranos Support Bill,” because the main beneficiaries of keeping closely regulated casinos from doing business online are bookies. Instead of protecting consumers and raising tax revenue from this popular entertainment, the government is protecting the turf of unsavory bookies, many of whom have ties to organized crime.”

Letter to the Editor: Sen. Bill Frist attached the (UIGEA) to the Port Security Act (Desoto County, 01/30/07)
“Since the Senate’s handling of the UIGEA, thousands of players are displeased as I am. Surveys taken showed up to 70% of those polled did not want UIGEA passed.. What happened to the Government by the people for the people? In 2006 had the off shore online gaming sites been permitted in the U.S., the Government would have realized $3,OOO,OOO,OOO in taxes.”

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2 responses to “Headlines: Poker, Law, and Politics (2/06/07)

  1. Digital Currency could be a great alternative to fund our online poker accounts. It’s clean neat and virtually anonymous!

    That’s my 2cents!

    Steve Renner
    http://www.gold-matrix.net

  2. Dear Steve;
    I have one problem with your proposal. The DGC’s value can be frequently fluctuated based on how gold price is in the current market. If price of gold goes up, your DGC account becomes more valuable. On the other hand, if it goes down, you will feel bad about having DGC account. So, what do you do then if value of gold declines?

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