Archive for March, 2008

The Internet Gambling Regulation & Tax Enforcement Act of 2008

Friday, March 7th, 2008

Congressman Jim McDermott (D-WA) introduced a few days ago the Internet Gambling Regulation and Tax Enforcement Act of 2008 that would ensure that taxes are collected on regulated Internet gambling activities. These revenues are estimated between $8.7 billion and $42.8 billion over ten years, according to a recent tax revenue ...

PGCB Promotes National Problem Gambling Awareness Week

Friday, March 7th, 2008

Recognizing the effects problem gambling can have on citizens, the Pennsylvania Gaming Control Board is actively promoting National Problem Gambling Awareness Week, March 9 through 15, 2008 with outreach efforts and helpful information. In addition, Governor Rendell, the House and Senate of Pennsylvania, the Gaming Control Board and the Secretaries of ...

Momentum Grows to Regulate Online Gambling

Friday, March 7th, 2008

Congressman Barney Frank (D-MA), chairman of the House Committee on Financial Services, will hold a hearing in early April to explore the burden on U.S. financial institutions to comply with the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA). The law was intended to deter illegal Internet gambling activity. Meanwhile, support ...

Century Casino & Hotel Edmonton Announce Poker Tournament

Friday, March 7th, 2008

Century Casinos, Inc. announced today that its Century Casino & Hotel in Edmonton, Canada, will host the St. Patrick's Day Poker Tournament from March 10 - 15, 2008. The format is a six-day Texas Hold' Em tournament. Play starts daily at 7:30 PM with the top ten of each day advancing ...

Police Investigate Man for Running Illegal Online Gambling Site

Thursday, March 6th, 2008

Asa Alexander, of Philadelphia is in big trouble. Police asked a judge to freeze the 27 years old bank account and to prevent him from selling or leasing his home. The judge agreed to put the order on the house, however, refused to freeze Alexander’s bank account, stating that $18,000 ...

Canada May Investigate Kahnawake Online Gambling

Thursday, March 6th, 2008

A recent report claims Canada may in the future prevent its citizens from gambling with websites registered out of the Kahnawake Indian Reservation located a few miles away from Montreal, Quebec. This would cut off customers from online gambling websites like Sports Interaction, which was the first Kahnawake-based online sports betting ...

36 People Indicted for Online Gambling

Thursday, March 6th, 2008

Thirty-six (36) people, most of them from Arizona were indicted for online gambling. The indictments completes an investigation which caused the Maricopa County sheriff's deputies to visit 3 states and 1 country, Costa Rica, before collecting enough evidence to make their case. Police seized more than $8.5 million in cash, homes and ...

Review of Craps.com

Tuesday, March 4th, 2008

Craps.com has over 100 games and is owned by Playtech, the largest publicly traded online gaming software company in the world. The site has a very professional Customer Support team. The support staff is on hand 24/7/365 via phone, email, fax, as well as online chat. Any problems and ...

FBI Investigaged Packers’ Max McGee’s Gambling

Tuesday, March 4th, 2008

According to newly released records, Green Bay Packers receiver Max McGee, who scored the first touchdown in Super Bowl history, had a gambling habit that the FBI tracked after his career ended. From late 1972 through September 1973 FBI agents investigated McGee, before dropping the case for lack of evidence. ...

Regulators Claim Online Gambling Ban Won’t Work

Tuesday, March 4th, 2008

Cindy Skrzycki of the Washington Post wrote an article recently on past Internet gambling legislation (the Unlawful Internet Gambling Enforcement Act) and why it probably won't work. According to her report, "Officials at the Treasury Department and the Federal Reserve found that out after sifting through more than 200 comments ...