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MORE BIG LOBBYING BUCKS SPENT BY AGA
The news agency Associated Press reported this week that the American Gaming Association - a trade group comprised of the major US land casino owners - spent $400 000 over the third quarter of 2008 to lobby for legislation that included work regarding regulated online gambling in the USA.
It is mandatory for Washington lobbyists to submit regular returns on their clients and how much was spent in political lobbying, and for what causes. The latest return for the AGA reported liaison with the White House and the Departments of the Treasury, Internal Revenue Service and the Interior, together with Congressional lobbying July through September.
Filed on October 16 with the United States House of Representatives’ Office of the Clerk, the AGA's quarterly reportage flagged activities involving tax legislation including Hurricane Katrina tax bills and employee tip tax compliance. In addition, the association contacted the federal government regarding bills that would create a non-profit corporation to promote travel to the United States.
Internet gambling work is believed to have concerned an independent study of the Internet gambling industry and its implications for the United States if regulated. The AGA has taken a neutral stance on Internet gambling but favours the approach of Nevada Congresswoman Shelley Berkely who has called for an in-depth research project on the industry before further legislative decisions on it are taken.
In its annual report, the AGA had this to say about such a study:
"The AGA board strongly supports H.R. 2140, the Internet Gambling Study Act, which authorizes a federally funded study to evaluate the impacts of online gambling. A thorough study, conducted by a respected government entity such as the National Academy of Sciences, would provide much-needed guidance on the issue.
"The AGA board thinks a comprehensive study should take into account policy issues ranging from how best to protect children and problem gamblers to whether Internet gambling can be effectively legalized and regulated in the United States. The study also should include consideration of recent WTO rulings indicating the United States’ position on Internet gaming may be in violation of international trade obligations."
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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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