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Gambling: American Legalisation Update
The blog at Reason.com provided some interesting reading on the impact of U.S. online gambling legalisation this week, airing some previously unpublished views by gambling law expert Prof. I. Nelson Rose, whom it quoted as saying: "...the federal government will end up doing nothing, except for a little unnecessary duplication of effort to make it seem like there is federal oversight." He added that once licensed, a site could serve customers in all 50 states, except those that choose to opt out within 90 days of the law's enactment.
Rose argues that the legislation favours domestic [US] gambling businesses because it denies licenses to anyone who "is delinquent in filing any applicable Federal or State tax returns or in the payment of any taxes, penalties, additions to tax, or interest owed to a State or the United States."
And Rose warns that "every Internet gaming site that ever took bets from the U.S., whether or not they stopped when the UIGEA was passed," could be considered delinquent if the Treasury Department claims "an operator that had American players was doing business here" and therefore should have paid federal and/or state taxes.
By contrast, he says "American companies, like Harrah's, which desperately want to get into the Internet gaming business, but have never had online gaming for money [in the United States], would have no trouble."
The blog correctly observes that while a protectionist tilt may be politically inevitable, it would be not only unfortunate but ironic, given that [Congressman] Frank's effort to legalise online gambling is often presented as a way of correcting the protectionist aspects of the current gambling policy, which discriminates against foreign-based websites and has given rise to several trade complaints.
In a parallel discussion on the attempts by Jim Tabilio's Poker Voters of America to legalise intrastate online poker in California, the liklihood that domestic companies would have the inside track in any regulated environment also surfaced.
Tabilio referred to what he called the "political comfort level" among Californian legislators for a pooled liquidity online poker network run by an experienced single operator with no history of US legal exposure.
That could give GTECH, which has a track record as California's lottery provider and Svenska Spel experience, the edge over external challengers like Cyberarts, which has indicated an interest.
Tabilio recently told EGR: “They want to be able to do their regulatory due diligence on a daily basis. Also, having someone operating in California who has had access to US customers at any point, and therefore has been operating, in the view of the Federal and California DOJ, outside of the law, would create problems for legislators and regulators.”
Tabilio added that suppliers who had taken bets from US citizens might have problems passing a ‘fit and proper test’ as part of the licensing process.
Gambling News :
NHL Odds: Young Oilers Face Veteran Ducks in Round Two -
Game Two in Anaheim (10:30 PM ET on NBCSN) features the first and second ranked teams in the Pacific Division during the regular season, with only two points separating them. The Oilers edged the Ducks 3-2 in regular season games, outscoring them by a slim 14-12 margin. This series will be close, and Game Two will decide who has the edge heading back to Edmonton.
Americas Card Room Online Super Series Starts Now -
The OSS Cub3d is Americas Cardroom’s 3-part tournament series. It features the Mini Online Super Series (MOSS), the now-underway Online Super Series (OSS), and the upcoming Bigger Online Super Series (BOSS).
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Finnish people prefer the government to run the casinos -
Nordic countries have been, historically, the main markets for the online casino operators. The reasons for this are rather clear - these countries are very cold and people simply prefer to stay home and gamble than go outside to visit a casino.
NBA Odds: Chalk-Heavy Warriors Host Portland for Game 2 -
The Golden State Warriors needed a strong fourth quarter to put away the Portland Trail Blazers on Sunday. But they still didn’t cover as 15-point home favourites in a 121-109 victory. Can they do better this Wednesday (10:30 PM ET, TNT) in Game 2 of their first-round playoff series?
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Caesar’s Triumph is new slot at Bovada that features the Roman dictator in all his glory. The action takes place on five reels where you’ll find 20 paylines and plenty of ways to spin your way to victory.
NHL Odds: Pacific Division Foes Face Off in Edmonton -
The Edmonton Oilers will attempt to defend their home ice advantage this Friday (10:30 PM ET on Sportsnet) against the San Jose Sharks. The Oilers (47-26-9) finished second in the Pacific, while the Sharks (46-29-7) finished third, but only four points behind their First Round foes.
Bingo Cataratas Offers Unique Spin on Classic bingo -
Bingo Cataratas (Spanish for waterfalls) is changing the way people think about bingo according to Bovada. Just because bingo is a classic with a huge following, doesn’t mean it can’t be spiced up with a fresh new format. Bingo Cataratas has the basic structure of bingo, but also has an “extra ball” feature and a bonus mini game.
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