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Questions asked about clause in US online gambling legislative proposals
Online gambling executives and industry observers alike are asking whether a specific clause contained in two legislative proposals aimed at legalising Internet poker and gambling in the USA are signalling a protectionist intent on the part of future US regulators.
Online gambling legalisation proposals by Senator Robert Menendez (online poker) and Congressman Barney Frank (online gambling) both contain the potentially discriminatory clause, which allows the US Treasury to reject applicants who have failed to file "...a federal or state tax return…owed to a jurisdiction in which the applicant operates or does business.”
Opinions are split on the implications of the clause; some feel that it is a clear indication that any legalisation in the United States will result in only American operators getting the lcensing green light, whilst others feel that the inclusion is a political ploy designed to appease possible opponents of the proposals. Others still point out that there are a number of ways that companies outside the United States could structure a US presence that would pass muster.
Major non-US operators have different views, too. Gigi Levy, CEO of 888.com is on record as saying that any US legalisation will restrict licenses to American companies. Party Gaming, which recently cleaned its US pre-UIGEA slate with a massive "settlement" payment to the US authorities, appears to think otherwise and has revealed that it intends to continue US lobbying efforts.
Gambling News :
Oink Country Love Slot Launches -
Oink Country Love will have players tapping their feet to the country beat with the lovable Oink Bros, Willy and Chancho, who are trying to win over the heart of Miss Southern Charm in this five by three reel, 45-line online slot.
Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
Pokerstars Pulls Out Of Coloumbia -
Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.
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