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.
Flaws in Internet Gambling Law Subject of Upcoming Congressional Hearing
Congressman Barney Frank (D-MA), chairman of the House Committee on Financial Services, will hold a hearing in early April to explore the burden on U.S. financial institutions to comply with the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA).
The law was intended to deter illegal Internet gambling activity. Meanwhile, support for legislation that would regulate Internet gambling continues to gain momentum as Congressman George Miller (D-CA), one of the most influential members of Congress, signed on last week as a co-sponsor of the bill introduced by Congressman Frank.
"The banks have a lot of other things to worry about right now," said Frank, as reported by Politico, referencing the mortgage crisis and other challenges faced by the industry. "I don’t think poker should be one of them."
Hundreds of comments submitted to the Department of the Treasury and Federal Reserve highlight the ambiguity in the proposed rules to implement the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA). One of the major criticisms is that the rules do not clearly differentiate between legal and illegal Internet gambling activities. Concerns raised by the American Bankers Association and others state that the proposed rules will be a compliance trap and is not likely to stop anyone from gambling with foreign-based Internet gambling operators.
"This hearing is significant and must address the issues being raised by the financial services sector and others. The proposed Treasury Department regulations are unclear, burdensome and untenable," said Jeffrey Sandman, spokesman for the Safe and Secure Internet Gambling Initiative. "It becomes clearer each week that the attempt to prohibit Internet gambling activity is doomed to fail. Rather than waste valuable resources attempting to enforce UIGEA, the U.S. should instead regulate and tax Internet gambling."
Some of the views expressed by Congressman Frank and many financial institutions are shared by Republican Senators John Sununu (N.H.) and Pete V. Domenici (N.M.). In a letter to the Treasury Department and Federal Reserve, the senators stated, "in failing to provide more detail, the proposed rules would inordinately burden every bank, credit union, credit card company, money transmitting business and payment system in the country, leading to non-uniform compliance and confusion."
The Internet Gambling Regulation and Enforcement Act of 2007 (H.R. 2046), introduced by Congressman Frank, would require licensed operators to put in place safeguards to protect consumers and ensure the individual placing the bet or wager is physically located in a jurisdiction that permits a particular form of Internet gambling. States would also have the right to control what, if any, level of Internet gambling is permissible within their borders and could apply additional taxes and restrictions.
A companion piece of legislation that would ensure the collection of taxes on regulated Internet gambling activities, the Internet Gambling Regulation and Tax Enforcement Act of 2008 (H.R. 5523) was introduced earlier this week by Congressman Jim McDermott (D-WA). The legislation strengthens provisions in an earlier version of the bill introduced last year. A recent letter sent by Congressman McDermott to fellow members of Congress stated that, according to a tax revenue analysis prepared by PricewaterhouseCoopers, taxation of Internet gambling is expected to generate between $8.7 billion to $42.8 billion in federal revenues over its first ten years.
"It is encouraging to see the momentum building in support of regulating Internet gambling," said Sandman. "It is time for Congress to address this issue and support legislation that would not only protect consumers, but generate billions in revenue needed for critical government programs."
About Safe and Secure Internet Gambling Initiative
The Safe and Secure Internet Gambling Initiative promotes the freedom of individuals to gamble online with the proper safeguards to protect consumers and ensure the integrity of financial transactions. For more information on the Initiative, please visit www.safeandsecureig.org. The Web site provides a means by which individuals can register support for regulated Internet gambling with their elected representatives.
Limited time offer for all our Readers. All Countries. A brand new No Deposit Bonus. No Max Cashout. Claim It Here.
Gambling News :
WSOPE In Czech Republic -
World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.
BtoBet Partners with AfroBet -
Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.
Pissed off Tabcorp shareholders -
A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.
NYX Gaming Group Expanding in Italy -
NYX Gaming Group says its continues to bridge the gap between online and land-based operators as it announced a new licensing deal in the Italian market.
Interwetten Q3 2016 Report -
In a brief third quarter 2016 report, Malta-headquartered online gaming company Interwetten reported strong growth across all verticals, with an emphasis on online casino revenues.
Evolution Gaming Q3 2016 Report -
Evolution Gaming Group AB delivered in its third quarter 2016 results reporting strong growth in revenue and a significant increase in mobile penetration. The company attributes is success to strong general growth and continued high demand for dedicated environments.
Dragonz Slot Launches -
#Dragonz The creatures in this 243 ways to win game engage with play during the free spins round, triggered by three or more scatters on the reels, and each character leads four different free spins rounds.
Mecca Launch Instant Win Games -
IWG has provided instant win content to lotteries for the past 15 years, amassing a portfolio of over 250 games. Its deal with Mecca signifies a move into the wider online gaming industry, servicing commercial brands and platforms.
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.