RecentPoker RecentPoker.com
Home Page RecentPoker.com Online Poker Rooms Casino Bonus Online Casinos Casino News Gaming News gaming News Gambling Articles World Series Of Poker No Deposit Bonus
Online Slots
        Gambling Affiliates     |     Gambling Guide     |    Slot Tournaments Finder     |     Poker Pros    |     Recentpoker Twitter
   
Online Casino
Biggest Casino Bonuses
SlotsLv
$22 No Deposit Bonus
SlotsLV no deposit
Betonline Casino
$900 Signup Bonus
Betonline Bonus Code
Bovada Casino (Bodog USA)
$3000 Signup Bonus
Bovada Bonus Code
SlotsPlus Casino
$7000 SignUp Bonus
SlotsPlus First deposit bonus
ManhattanSlots
$767 x2 Signup Bonus
ManhattanSlots
Biggest Poker Bonuses
Bovada Poker (Bodog USA)
$1000 Sign Up Bonus
bovada poker bonus code
888Poker
$88 No Deposit Bonus
888 Poker no deposit bonus
Party Poker
$500 Sign Up Bonus
PartyPoker no deposit bonus
BetOnline Poker
$900 Sign Up Bonus
Betonline Poker bonus code
USA No Deposit Bonus

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.

 

Bovada Casino Bonus Code

 
High Noon Casino no deposit bonus

Has the UIGEA resulted in a decline in online gambling

The American Banker published an op-ed article by Republican Congressman Spencer Bachus this week which contained misinformation regarding the Unlawful Internet Gambling Enforcement Act, according to the Safe and Secure Internet Gambling Initiative (SSIGI)
 
Bachus was pre-emptively arguing against HR5767, the proposed Payments System Protection Act introduced for markup in the House Financial Services Committee Tuesday by Representatives Barney Frank and Rob Paul. The

Thisisvegas Casino

proposal seeks to halt the implementation of supporting regulations for the UIGEA, which have been widely condemned for a lack of precision .
 
Jeffrey Sandman, a spokesman for the SSIGI commented: "It is unfortunate that Rep. Bachus is using scare tactics to argue for the continued prohibition of Internet gambling."
 
"The reality is that regulated Internet gambling, which is clearly working in the U.K. and other parts of the world, can utilise technology to offer strong consumer protections to combat underage and compulsive gambling in the U.S.  Currently, prohibition leaves millions of Americans susceptible as they continue to gamble in an underground, uncontrolled marketplace without such guaranteed protections." 
 
Sandman contradicts a statement by Bachus that since the UIGEA was passed, gamblers and businesses engaged in Internet gambling have been deterred by the fear it would be enforced. 
 
"Publicly traded foreign online operators left the U.S. market - privately held companies did not," Sandman points out. "Global Betting and Gaming Consultants, a U.K. based organization that provides economic research on worldwide gambling activities, found that there was a short-term dip in Internet gambling in North America right after the law was passed due to the consequences of the regulated companies pulling out, leaving the market to unregulated ones. 
 
"Over the past year, online gambling has increased by 10 percent. Millions of Americans continue to gamble online, despite the attempt to prohibit Internet gambling."
 
Sandman also takes issue with Bachus's statement that UIGEA passed with the support of a broad coalition that included.the American Bankers Association. 
 
"Representatives from the American Bankers Association, Financial Services Roundtable, Wells Fargo & Co. and Credit Union National Association unanimously opposed regulations proposed to implement UIGEA in testimony to the House Committee on Financial Service's Subcommittee on Domestic and International Monetary Policy, Trade, and Technology on April 2, 2008," remarks Sandman. "They all questioned the fundamental approach taken by Congress in enacting legislation to force financial institutions to police online gambling."
 
Sandman quotes Wayne Abernathy, the American Bankers Association's executive vice president of financial institutions policy and regulatory affairs, who said: "The UIGEA and the Proposed Rule do not provide a rational path towards halting unlawful Internet gambling. The path leads to an increased cost and administrative burden to the banks and an erosion in the performance of the payments system, but it will not result in stopping illegal Internet gambling transactions.
 
"Imposing this enormous unfunded law enforcement mandate on banks in place of the government's law enforcement agencies is not likely to be a successful public policy."
 
Rep. Bachus's assertion that tens of thousands of young people are becoming compulsive, addicted gamblers as a result of Internet gambling is also questioned by the SSIGI.
 
Sandman says that a report released in September 2007 by the U.K. Gambling Commission, which regulates Internet gambling in Britain, reveals that the prevalence of problem gambling has not increased over the last eight years despite the advent of Internet gambling.  The British Gambling Prevalence Survey 2007 found that the rates of problem gambling were 0.6 percent and 0.5 percent of the gambling population, the same percentage of problem gamblers as reported in the last gambling participation survey conducted in 1999.
 
Allegations by Bachus that the UIGEA was essential because enforcement tools were so inadequate are also tackled by Sandman, who points out that top experts have testified before Congress that a regulatory framework for Internet gambling would protect consumers and ensure the integrity of Internet gambling financial transactions. 
 
"Leaders in the fields of internet payment processing, identity identification and online safety [have] described how existing systems and technology have proven successful in combating underage and compulsive gambling and protecting against money laundering, fraud and identity theft," he adds.
 
Sandman closes his attack on the Bachus misinformation by reminding readers that the Internet Gambling Regulation and Enforcement Act (H.R. 2046) introduced by Barney Frank last year, seeks to establish a regulatory and enforcement framework for licensed gambling operators to accept bets and wagers from individuals in the U.S. 
 
It would include a number of built-in consumer protections, including safeguards against compulsive and underage gambling, money laundering, fraud and identity theft.  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.

USA Online Gamblers. The Best Online Casino with the fastest payouts and highest bonus. Get your Exclusive Bovada Bonus Code now. Up to $4250 in free sign up bonuses. Dont miss out on this limited time special offer.Online Poker, Online Casino and Online SPorts betting all included in this exclusive Bovada Bonus.



Gambling News :

Interwetten 2016 Earnings Results - Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform

EU Online Gambling Tax Harmoney Dead - Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.

Jack Lam Facing Big Fines in the Philippines - It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.

Walter Merricks Term As Gambing Commissioner Extended - The UK Government has extended Walter Merricks’ term as Commissioner of the Gambling Commission for a further year, ending December 31, 2017.

Loot’enKhamun Pays $3.8 Million Jackpot - A London-based construction worker’s year got off to a great start when he hit the Loot’enKhamun jackpot at bwin casino.

PlaySugarHouse To Carry Konami Content - Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.

ITF TERMINATES BETWAY SPONSORSHIP DEAL - The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.

GSA To Launch European division - The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.

Paddy Power Trading Update - Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.

Tabcorp SunBets project - The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.

  Top 6 Poker Sites - Editor’s Pick
Poker Room
Info
Code
Bonus
Bovada Poker
1349384
$1000
BetOnLine Poker
None Needed
$900
ACR
None Needed
$1000
Fulltilt Poker Bonus Code Fulltilt Poker
None Needed
$10 ND
888 pacific poker 888Poker
None Needed
$400
PartyPoker PartyPoker
500free
$500
  Top 6 Casino Sites - Editor’s Pick
Casino
Info
Code
Bonus
SlotsPlus Casino
Claim20
$20 ND
Bovada Casino
1349384
$3000
MapleCasino Bonus Code MapleCasino
None Needed
Free Spins
SlotsLV
Slots22
$22 ND
Buzzluck Casino
Buzzluck
$868
SlotLand
FREE33RCNT
$33 Nd

Casino No Deposit Bonus Copyright © 2004-2016 | Recentpoker.com | All Rights Reserved. Copyscape Protected No Deposit Bonus Codes
Recentpoker.com

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.

http://www.recentpoker.com