Define ‘illegal’ online gambling
A new political initiative by Frank Barney, Chairman of the House Committee on Financial Services, named the Payments System Protection Act of 2008, has just been introduced to Congress, and pushes the federal authorities for a precise definition of exactly what constitutes ‘illegal’ Internet gambling in terms of the Unlawful Internet Gambling Enforcement Act (UIGEA) and its supporting regulations.
The Bill asks Congress to direct the Department of the Treasury and Federal Reserve System, in consultation with the U.S. Attorney General, to create “a formal process” to define what types of online gambling are unlawful in order to assist the U.S. financial services industry to comply with the burden of policing the UIGEA which Congress thrust upon it back in 2006.
The Safe and Secure Internet Gambling Initiative political pressure group that supports regulation of the U.S. online gambling market is in favor of the measure, and stated that “Chairman Frank is doing the right thing by saying it is unfair to burden U.S. financial service companies with the job of Internet gambling police at a time when their undivided attention ought to be on the economy”.
WSOP Poker star to speak at CAP Euro
The CAP Euro 2008 event takes place this year in Barcelona, Spain between 25th – 28th September. The online gambling conference attracts many thousands of people, ranging from casino operators, to affiliates, to marketing agents, and many more. This year one of the speakers will be Jamie Gold, who was the winner of the biggest pot in the World Series of Poker history. I’ll bring you more on this story after the event.
PKR Poker Live in London
PKR poker are staging their first ever offline ‘Festival of tournament poker’ event. Dubbed ‘The community event of the year’ it is being staged on 14th to 16th November live in London.
Direct Satelites of $25 / $2.50 will be running every Tuesday at 19.40 GMT and Sunday at 18.10 GMT where one in 40 will qualify. There will also be a Lottery of $2.75 /14c running before each direct satelite, where one in ten will qualify. This is definitely a poker event not to be missed. Register Live now with PKR Poker.
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