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Senator Reid to toughen up the Wire Act
Friday August 9, 2013 : IS SEN. REID ABOUT TO PUT A SPOKE IN THE ONLINE GAMBLING WHEEL?
Reports that the veteran senator from Nevada may try to toughen up the Wire Act in the absence of federal legalisation
A report in the publication Global Gaming Business has industry observers talking this week; citing a "high ranking source" GGB claimed that Senate Majority Leader and Nevada Democrat Harry Reid has been threatening to toughen up the Wire Act in an unspecified way if a federal legalisation solution is not achieved.
No substantiation for the report has yet been found, but it is common knowledge that there does not seem to be much appetite in the US Congress for the two legalisation bills currently in the mill - one by New York Rep. Peter King and one by Texas Rep. Joe Barton.
InfoPowa readers will recall that the Justice Department's abrupt change of policy on the Wire Act in December 2011 - acknowledging that the Wire Act applied only to internet sports betting - triggered wide-ranging considerations of online gambling opportunities at state level.
So far that has led to individual legalisations in Nevada, New Jersey and Delaware, and on-going debate in several other states.
Reid has himself experienced conspicuous failure in trying to get limited legalisation bills through Congress, taking the line preferred by the major land gambling companies in the US of legalising only online poker, and even then under restrictions which would favour domestic firms.
Global Gaming Business says that Reid is intent on calling a halt to state-by-state legalisation initiatives, although such an ambition comes rather late in the day.
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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.
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