1. By continuing to use the site, you agree to the use of cookies .This website or its third-party tools use cookies, which are necessary to its functioning and required to achieve the purposes illustrated in the cookie policy.Find out more.
    Dismiss Notice
  2. We have updated our Privacy Policy and Terms of Use, effective May 25, 2018. These changes were made primarily in preparation for the EU’s new data privacy law, the General Data Protection Regulation (GDPR). Please take a look here

    Dismiss Notice
  3. Follow Casinomeister on Twitter | Facebook | YouTube | Casinomeister.us US Residents Click here! |  Svenska Svenska | 
  4. Sister site to Casino Max launches

    Roaring 21 has just launched - sister casino to Casino Max, and they have a special promotion for you!! .They are in the Baptism by Fire - you can check them out here: Roaring 21 BBF and special promo.

    Dismiss Notice
Dismiss Notice

Codeta New Feature: Skill ScoreTM

The Codeta Tech team has developed based on a reasearch with our table game players. A feature that no other operator has on offer, a feature that is there to help our players to become better table game players whether you are experienced or a totally new to table games...

Dismiss Notice
REGISTER NOW!! Why? Because you can't do diddly squat without having been registered!

At the moment you have limited access to view most discussions: you can't make contact with thousands of fellow players, affiliates, casino reps, and all sorts of other riff-raff.

Registration is fast, simple and absolutely free so please, join Casinomeister here!

New Anti Internet Gambling Act built on allready shaky wire act

Discussion in 'Casino Industry Discussion' started by Ian_go, Oct 27, 2006.

    Oct 27, 2006
  1. Ian_go

    Ian_go Dormant account

    keeping the peace
    On Oct. 20, one week after President Bush signed the Unlawful Internet Gambling Enforcement Act, the Australian company Betcorp announced sale of its online casino and sports betting operations in Antigua and Toronto. Because of the new law, the company said, "it is no longer possible" to serve U.S. residents, who represented 85 percent of its customers.

    Yet the company that bought Betcorp's business, the Costa Rica-based Bodog Entertainment Group, continues to offer Americans the opportunity to bet on sports, play poker or try their luck at various casino games. "It will likely take months to fully understand what, if any, ramifications there are from this new law," says Bodog Chief Executive Officer Calvin Ayre. "Our customers may take comfort in knowing that Bodog.com is structured in such a way that we're well situated to adapt to any changes in the online gaming environment."

    Contrary to early press reports, Congress has not banned online gambling. Instead, it has opted to maintain an uncertain legal environment in which businesses that cater to Americans' taste for betting run the risk of harassment and prosecution by overzealous Justice Department officials who twist the law to fit their moral views.

    The Unlawful Internet Gambling Enforcement Act, tacked onto a bill dealing with port security right before Congress adjourned for the elections, makes it a federal crime, punishable by up to five years in prison, to receive a payment in connection with "unlawful Internet gambling." It also mandates regulations requiring financial institutions to block such payments.

    But the act defines "unlawful Internet gambling" as online wagering that already is prohibited by state or federal law. It explicitly does not expand the category of forbidden gambling.

    The new law therefore leaves untouched the Wire Act of 1961, which prohibits using a "wire communication facility" to help people place bets "on any sporting event or contest." Although the Justice Department maintains that the Wire Act covers all online gambling, the law's text and history indicate it applies only to sports betting...You must register/login in order to see the link.

Share This Page