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UIGEA REGS OPEN THE DOORS FOR U.S. ONLINE GAMBLING

The Kansas City Star had an interesting read on the UIGEA regulations published this week and currently receiving widespread mainstream media coverage; instead of curtailing online gambling in the United States, these rules may actually open up new avenues of Internet gambling business!
 
Under the title "Oops. Did Congress accidentally legalize cyber gambling?" the newspaper opines that the new federal regulations backing the two-year-old UIGEA and outlawing online gambling might achieve precisely the opposite effect. 

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In an interesting article, the Kansas City Star notes that the new rule perpetuates the carve-outs for intrastate cyber gambling that is authorised by sovereign states or tribes, and sanctions online wagering under federal interstate horse racing gambling and state lottery laws.
 
The rules also exempt individual gamblers from enforcement, baring the government’s regulatory teeth only at commercial gambling companies that operate cyber casinos and cyber bookie joints.
 
"It therefore appears that individual states and tribes operating gambling interests are quite free under these new rules to let the cyber dice roll - and start raking in a new and lucrative category of tax dollars," the newspaper concludes.
 
"Nevada, New Jersey and a handful of other states have been held back so far only by threats of prosecution from the Justice Department - which now may be handcuffed itself.
 
"Legal intrastate gambling may prove to be the game changer that rapidly paves the way to legal interstate and ultimately international gambling by Americans on the Web."
 
With US land casino revenues under increasing pressure in the tough economic environment, an Internet gambling market in the US worth some $8 billion a year could ameliorate at least some of the problems if sufficient pressure were applied to states that, under the UIGEA regulations, appear to have the power to decide for themselves whether to regulate or not.



Gambling News :

MLB Odds: Stroman Gets the Nod Against Royals - The Toronto Blue Jays (70-80, –20.18 betting units) begin their final home stand of the 2017 campaign this Tuesday when they welcome the Kansas City Royals (73-76, +2.56 units) to Rogers Centre. Sportsnet has the coverage at 7:07 p.m. Eastern.

Microgaming in bingo software deal with Marathonbet - Marathonbet’s loyal customers will now be able to enjoy an extensive Bingo offering – marking another big expansion of its online gaming collection.

Microgaming QuickFire enters Coloumbia - Wplay signs for Quickfire; strategic deal sees Quickfire enter Colombian market. Colombian-licensee Wplay has signed a deal for Quickfire, powered by Microgaming.

Partypoker to sponsor WSOPC Uruguay - Partypoker to sponsor WSOPC Uruguay in December. Qualify exclusively on partypoker for WSOP Uruguay Main Event. December 7th to 17th in beautiful Punta del Este.

MLB Odds: Jays Hope to Spoil Orioles’ Visit - The 2017 season is just about over for the Toronto Blue Jays (66-77, –21.19 betting units), but they can play spoiler in Tuesday’s game against the visiting Baltimore Orioles, starting at 7:07 PM ET on Sportsnet.

Money Storm Casino - Money Storm is not your typical online casino. While many focus on the quantity of games they offer their players, this one is more focused on the quality of their games.

Big Online SLot Win on Ultimate 10X Slot - At 9.20PM on August 28th, Kasey R was enjoying the new Ultimate 10X three-reel slot at Miami Club. The game has a random 'must win' progressive jackpot that is guaranteed to pay by the time it reaches $25,000

MPN Greatest Poker Player in the Universe - The MPN announces the third annual Universal Championship of Poker (UCOP III), boasting €750,000 guaranteed across 59 tournament events this September

PartyPoker Exits Australia - From 31st August 2017 partypoker players will no longer be able to play from Australia. Players’ deposited funds are safe and available for withdrawal.

Mercury Poker Live on Indian Poker Network - Mercury Poker Live on MPN's Indian Poker Network. MPN India, established in 2015, is a ring-fenced poker network dedicated to the Indian market and operating exclusively in Indian Rupees.

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