Has anyone seen or heard the banks/financial community's reaction to the UIGEA proposed regs?
Meanwhile... an editorial...
Effective regulation should be goal for online gambling
Editorial
RENO GAZETTE-JOURNAL
Posted: 10/30/2007
If the Internet really is the Wild Wild West, then it's appropriate that poker is its leading game.
It's also appropriate that Congress wants to send in the marshal to shut down the illegal games that are raking in money faster than you can say, "Bat Masterson!"
Ideally Congress should do for Internet gambling what Nevada did for casino gambling more than 75 years ago. By legalizing gambling in the state, Nevada turned from the reactive model prevalent in most states -- in which law enforcement concentrated on closing down illegal games -- to a proactive model: It allowed just about anyone...
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And the Safe and Secure Internet Gambling Initiative has a press release out....
Net Gambling Rules An Unfair Burden On U.S. Banks, Group Complains