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Uigea Hearing Tomorrow

12/2/09 - The next step in Congressman Barney Frank's latest attempt to legalise online gambling in the United States takes place mid-morning tomorrow - December 3rd 2009 - when he chairs a hearing by the House Financial Services Committee in Washington DC.
 
The hearing will be streamed live from the Committee's website and can be accessed at http://www.house.gov/apps/list/hearing/financialsvcs_dem/hr_112409.shtml.
 

Millionaire CasinoExperts on existing technologies and their application in the fields of online security and consumer safety are expected to testify, hopefully exploding some of the inaccurate myths that anti-Internet gambling politicians have used in the past to oppose legalisation.
 
With the recent postponement to June 2010 of the UIGEA regulations  it is likely that the main focus will be on the legalisation issue, although two bills are due for discussion, the Internet Gambling Regulation, Consumer Protection, and Enforcement Act (HR 2267), which seeks to legalise, regulate and tax online gambling, and the Reasonable Prudence in Regulation Act (HR2266), which originally sought to delay the implementation of the UIGEA regulations by 12 months.
 
Online gambling advocacy groups such as the Safe and Secure Internet Gambling Initiative and the million-strong Poker Players Alliance will have representatives at the hearing, where most of the Committee's 41 Democrats and 29 Republicans are expected to attend.
 
This week the PPA launched a new initiative to persuade voters to contact their political representatives and again urge them to support the bills at the hearings.
 
"I think we have 60 000 to 100 000 members who reside in the Financial Services Committee districts," PPA executive director John Pappas commented earlier this week. "We need to make sure those voters continue telling their lawmakers to attend meetings and support their right to play."
 
Pro-online gambling supporters will no doubt again see veteran anti-Internet gambling politicians opposing any changes in the status quo, probably led by Alabama Republican Spencer Bachus, the Republican leader in the committee, along with Arizona Republican Senator Jon Kyl.
 
"The PPA and our membership have done a good job elevating this issue with hundreds of thousands of phone calls and letters to Capitol Hill in 2009," Pappas said. "We think this deserves attention and we hope we can manage the debate at the hearing so those who ultimate oppose us will be neutralised with the facts."

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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.

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