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Online Gambling Restriction Not Likely
November 5, 2006 09:02
by
maggots
(PRWeb) September 12, 2006 -- Banks Oppose Tough Online Gambling Restrictions. In the latest attempt to crack down on online gambling Senator Jon Kyl (Republican, Arizona) has put forward a bill – the Internet Prohibition and Enforcement Act. This bill requires that all banks monitor the transactions between their customers and online gambling establishments. Read the full story at http://www.ogpaper.com/news/news-0165.html Online casinos face possible prohibition. "This online casinos bill is designed to prevent the use of payment instruments (credit cards, fund transfers, etc.) for certain forms of online casinos that are defined as "unlawful Internet gambling." The online casinos bill requires financial institutions to identify and block payments related to so-called unlawful online casinos transactions. If there is a violation, the government may file a lawsuit (known as an injunction) to prevent or restrain the violation. The bill provides a special exemption for three types of online casinos: (1) horse racing under the Interstate Horse racing Act (IHA), so OTB's and account wagering systems can remain in business, (2) Indian gambling that takes place on a reservation or between two reservations; and (3) Internet gambling that occurs solely within a state’s own borders, referred to as Intra-state gambling. Read the full story at http://www.ogpaper.com/news/news-0164.html Online casino firm will support UK premier rugby - The online casinos company has followed its title sponsorship of the Middlesex Sevens earlier this month with confirmation this week that it has secured a ground-breaking online casinos sponsorship deal that involves branding on the reverse of all the Guinness Premiership clubs’ playing shirts. The online casinos branding will be incorporated as part of the number patch, providing a link between numbers, statistics and betting. Read the full story at http://www.ogpaper.com/news/news-0166.html For the latest gambling news visit us at http://www.ogpaper.com Source: www.prweb.com |