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HR2267 Internet Gambling Regulation updates
Is the next stage of a US attempt to legalise online gambling about to start?
The on-again, off-again HR2267 Internet Gambling Regulation, Consumer Protection, and Enforcement Act authored by Congressman Barney Frank and supported by almost 70 so-sponsors may be back centre-stage soon, according to the Poker Players Alliance, a US players association with over a million members that is active on the American political scene.
According to PPA officials at the 41st World Series of Poker currently taking place in Las Vegas, the proposal could be marked up as early as next week, presumably in the House Financial Services Committee, which Congressman Frank chairs.
The bill was introduced in the House last May, but has been delayed by the volume of other financial work in the committee, and probably by careful tactical timing by the Congress-smart Frank.
The PPA recently raised an additional $27 000 for its campaigning through a widespread appeal, or 'money bomb' to its 1.2 million members . The cash will be used to fund political publication advertising targeted on Washington politicians.
Frank continues to play his cards close to his chest, with PPA executive director John Pappas telling an ESPN interviewer at WSOP that the politician has hinted that a mark-up may be imminent.
The last hearing on HR2267 was in the Financial Services Committee last December when the usual for and against arguments were offered. At that time the senior (and anti-online gambling) Republican representative, Spencer Bachus, protested at the absence of officials from the US Treasury and the Federal Reserve - two key federal government departments involved in the much-delayed drafting of the regulations supporting the UIGEA, which were implemented on 1st June this year..
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Gambling News :
Wanajump Launches -
#Wanajump Spanish online and land gambling operator Grupo R. Franco appears to be emulating the William Hill group, announcing this week that it is to begin a start-up accelerator program for innovative entrepreneurs, which it has titled Wanajump.
Coral Launches player proposition betting product -
Digital Sports Tech, a business-to-business software provider of sports betting solutions, has signed a deal with UK online and land sports betting operator Coral to provide an innovative player proposition betting product.
Oshi online casino now accepts fiat currencies -
The Oshi online casino, which started just a year ago as a Bitcoin-denominated operation, has described its expanded activity in a statement this week, noting that in addition to Bitcoin it now accepts fiat currencies and has added new game providers to its roster of suppliers.
New Standards for UK Online Gambling -
Online gambling service and technology providers, along with operators and testing agencies will be studying the new gambling software and technical standards proposal published by the UK Gambling Commission following a public consultation.
Pennsylvania Gambling Bill 1887 returned with additions -
The interaction between the Pennsylvanian House and the state Senate has become increasingly like watching a game of ping pong as the two political establishments wrestle with online gambling legalization and court-ordered tax fixes in the dying days of the current political season.
Mybet Earnings Struggle -
The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".
Tom Horn Awarded Malta Gaming License -
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.
Calvin Ayre invests in new Antigua Business Center -
Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.
Attack of the Zombies Slot -
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.
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