Headlines: Poker, Law and Politics (10/02/07)

articles:
Bill allows gamblers to tap bank accounts (Cape Cod Times, 10/02/07)

Rules for UIGEA Released Today (CardPlayer, 10/01/07)

Device gives paralyzed Nebraska poker player a hand (Omaha World-Herald, 10/01/07)

Opinion: All bets are off: Legality of gambling raised anew in Brownsville (The Brownsville Herald, 10/01/07)

press release:
Maryland Attorney General: Attorney General Gansler Joins Attorney General McCollum in Opposition of Federal Legislation Easing Restrictions on Internet Gambling Companies (10/01/07)

excerpts:
Bill allows gamblers to tap bank accounts (Cape Cod Times, 10/02/07)
“A bill that would allow gamblers to transfer money from their bank accounts directly to online gambling sites is picking up some congressional momentum. The legislation, introduced by U.S. Rep. Barney Frank, D-Mass., in April, also provides for the federal regulation and licensing of Internet gambling. U.S. Rep. Jim McDermott, D-Wash., a co-sponsor of the bill, has introduced a companion bill that would tax reported gambling earnings and produce what he estimates is between $6 billion and $25 billion in federal revenue over the first five years.”

Rules for UIGEA Released Today (CardPlayer, 10/01/07)
“The Department of the Treasury and the Federal Reserve Board today announced that they have finished writing the rules that will allow the Unlawful Internet Gambling Enforcement Act to be enacted. But banks and financial institutions will not have to follow the UIGEA rules until sometime next year because of government protocol that allows public feedback. Starting today, the government is accepting public comment about the rules that the Treasury and the Reserve Board want to use to enforce the UIGEA. The deadline to submit is Dec. 12.”

Device gives paralyzed Nebraska poker player a hand (Omaha World-Herald, 10/01/07)
“Johnson became paralyzed 13 years ago in a three-wheeler accident on his parents’ ranch. The vehicle flipped, and he landed on a post and barbwire fence. He broke four vertebrae and suffered severe spinal cord damage. He took up online poker – mostly Texas hold ’em – about seven years ago. He later entered a Sunday night fantasy poker league at a local bar. Johnson competed against 30 people in the tournaments, which sometimes lasted six hours.”

Opinion: All bets are off: Legality of gambling raised anew in Brownsville (The Brownsville Herald, 10/01/07)
“At this point legalized gaming appears inevitable — it’s just a matter of when. State lawmakers have entertained bills that would allow limited casino gambling in the state, and it appears that one of the first places to see such an establishment will likely be South Padre Island. So far the bills haven’t passed, but it’s safe to assume that the proposal will continue to build support over the next few years.”

press release:
Maryland Attorney General: Attorney General Gansler Joins Attorney General McCollum in Opposition of Federal Legislation Easing Restrictions on Internet Gambling Companies (10/01/07)
“Attorney General Douglas F. Gansler, together with Florida Attorney General Bill McCollum, sent a letter to Congressman Barney Frank and Congressman Spencer Bachus, chairman and ranking member, respectively, of the House Committee on Financial Services, expressing grave concerns about H.R. 2046, the “Internet Gambling Regulation and Enforcement Act of 2007.” H.R. 2046 would replace state regulations of Internet gambling with a federal licensing program that would permit Internet gambling companies to do business with U.S. customers – a move Attorney General Gansler and Attorney General McCollum believe would undermine States’ traditional powers to make and enforce their own gambling laws.”

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One response to “Headlines: Poker, Law and Politics (10/02/07)

  1. Pingback: Birthover.Com » Headlines: Poker, Law and Politics (10/02/07)

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