No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
UIEGA Author Speaks Out On Daily Fantasy Sports Betting
Wednesday October 14,2015 : U.I.G.E.A. AUTHOR SAYS HE DID NOT ENVISAGE DAILY FANTASY SPORTS
Retired Republican Congressman Jim Leach speaks out on "cauldron of daily betting."
The politician who caused untold damage and billions of dollars in losses for online gambling companies in the United States with his "follow the money trail" 2006 Unlawful Internet Gambling Enforcement Act (UIGEA), Jim Leach, has characterised the daily fantasy sports phenomenon as a "cauldron of daily betting" as the DFS furore in the States rolls on.
Speaking to the Associated Press news agency this week, now-retired Congressman Leach said lawmakers had no idea daily fantasy sports would "morph into today's cauldron of daily betting” and that his intention in authoring the UIGEA (which has carve-outs for fantasy sports) was to stop gambling on the Internet, not promote it.
Leach told AP that in his opinion UIGEA does not provide immunity against other federal and state laws that could limit DFS activities.
"The only unique legal basis provided fantasy sports by UIGEA is its exemption from one law enforcement mechanism where the burden for compliance has been placed on private sector financial firms," Leach said. "But it is sheer chutzpah for a fantasy sports company to cite the law as a legal basis for existing. Quite precisely, UIGEA does not exempt fantasy sports companies from any other obligation to any other law."
He added: "There is no credible way fantasy sports betting can be described as not gambling. Only a sophist can make such a claim."
Leach's views will probably cause some introspection among US national sports leagues executives, whose franchises, and in some cases the leagues themselves, have developed partnerships with DFS companies despite a traditional anti-gambling stance.
UIGEA's author says he pushed UIGEA, which led to the eventual shut down of online poker and other gambling sites, with the intention of putting a stop to online betting. The legislation specifically prevents banks and other financial institutions from processing funds relating to illegal gambling as defined in other laws.
There are a number of laws that can be deployed to stop daily fantasy sports, Leach told the news agency.
"All citizens can make their own judgment whether America is better off with or without a dominating gambling ethic," he said. "But what is self-evident is that UIGEA exempted fantasy sports from one specific law enforcement mechanism but not from the broad sweep of law itself."
Fantasy sports companies are still bound by state and federal laws on sports betting, wire transfers, anti-trust and securities laws, among others, he said.
Limited time offer for all our Readers. All Countries. A brand new No Deposit Bonus. No Max Cashout. Claim It Here.
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.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.