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POLICE ASSOCIATION ASKS FOR ONLINE POKER REGULATION

03/29/2012 : Letter to US political leaders comments that millions of Americans are gambling online...with offshore operators.
 
The pro-legalisation action body FairplayUSA reports that the Fraternal Order of Police in the United States has taken up the cause of online poker legalisation, writing to a number of senior US congressmen and women that includes Senator Harry Reid, Speaker John Boehner, Senator Mitch McConnell and Representative Nancy Pelosi.
 
The letter can be viewed at http://www.fairplayusa.com/sites/default/files/FOP%20Letter.pdf and states:
 
"...Millions of Americans wager regularly on offshore Internet gambling sites beyond the reach of the Federal government. Today, there are no controls on Internet gambling to give U.S. consumers recourse to U.S. courts to provide prompt and accurate payment; no protections are in place to prevent or detect money laundering; no firm and transparent licensing of operators exists; and no regulatory controls are in place to prevent criminals from entering the marketplace, rigging games, or misusing customer financial data.
 
"This has created a situation in which U.S. law enforcement authorities cannot shut down illegal activity, nor is there any way for those victimized by fraud or other criminal activity to seek redress.
 
"Just a few weeks ago, former Governor and Homeland Security Secretary Thomas J. Ridge and former Director of the Federal Bureau of Investigation Louis J. Freeh penned an opinion piece in the Washington Examiner explaining the scope of the problem and the need for a national strategy and Federal action.
 
“The FOP shares their approach-- we need to modernize the Wire Act, create a strong regulatory framework for legal gaming that provides law enforcement the tools necessary to put the illegal offshore sites out of business and protect consumers from the operators who engage in criminal activity."
 
The letter offers the assistance and input from the FOP's 330,000 stong member base, and is signed by FOP president, Chuck Canterbury.

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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.

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