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AMERICAN GAMING ASSOCIATION COMMENTS ON BLACK FRIDAY
04/15/2012 : AMERICAN GAMING ASSOCIATION COMMENTS ON BLACK FRIDAY
Singing from the same hymn sheet?
In a statement this week commenting on the first anniversary of Black Friday, the American Gaming Association appeared to be singing from the same hymn sheet of federal legalisation as that used by FreePlayUSA.
Or perhaps it was FreePlayUSA looking at the AGA hymn book...
In its statement, the land casino trade association comments that illegal online gambling is still rife in the United States despite the Black Friday actions.
"As long as these sites are operating outside the reach of U.S. law enforcement and with little to no regulation, the millions of Americans who continue to patronize them will be at risk of being defrauded," the association's statement points out.
"After a year of Congressional inaction, the fact remains: Until the U.S. changes existing laws to ensure that only licensed, taxed and highly regulated companies can operate in the U.S. it is certain that illegal activities will go largely unchecked.
"In order to correct this situation, Congress needs to adopt changes that modernize and strengthen the Wire Act of 1961 with conforming amendments to the Unlawful Internet Gambling Enforcement Act (UIGEA) that would unambiguously eliminate illegal Internet gambling.
"It is also essential that current law be modified to establish federal guidelines so there will be consistent regulations for online gambling in all states that choose to authorize it. Such federal guidelines would keep minors from gambling online, prevent fraud and money laundering, address problem gambling and ensure players aren’t being cheated.
“Without a federal overlay, there will be a patchwork quilt of rules and regulations that will prove confusing for customers and difficult for law enforcement to manage."
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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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