Casino Gambling Guide

Rep. Barney Frank (D-MA) today introduced HR 2046, the Internet Gambling Regulation and Enforcement Act of 2007 that would create an exemption to the ban on online gambling for properly licensed operators, allowing Americans to lawfully bet online. The legislation would establish a system to protect online financial transactions and block children and compulsive gamblers from gambling online. Please visit www.safeandsecureig.org for more information….

The state of Minnesota has decided to use the 1961 Federal Wire Act to target the online gaming industry, at the very same time Representative Barney Frank has decided to target the UIGEA for repeal! All this and a friendly warning for players and webmasters.

Gambling Fever:
“The staff are finally paid out their long-expected bonuses. When Mr. Harman tells them he knows of a horse that absolutely cannot lose that afternoon’s race, they all bet their £100 bonus on the horse. They want to watch the race on the television in Mr. Rumbold’s office, but he catches them and throws them out. Mr. Harman tells them that they have lost their bonuses, but they can win them back by betting on another horse.”
Source:Wikipedia

Safe and Secure Internet Gambling Initiative Supports Legislation to Remove Unnecessary Government Prohibition on Internet Gambling

The Safe and Secure Internet Gambling Initiative announced its support for the Internet Gambling Regulation and Tax Enforcement Act, introduced today by Congressman Jim McDermott (D-WA). The bill would create a taxation regime for online gambling companies to be licensed under the recently introduced Internet Gambling Regulation and Enforcement Act (H.R. 2046).

As Congress works to find funding for critical government programs, Congressman McDermott’s legislation is expected to generate between billion and billion in revenues for the U.S. Treasury in the first five years of enactment.

Congressman McDermott’s legislation functions as a companion bill to the Internet Gambling Regulation and Enforcement Act, which would establish a licensing and enforcement framework for regulated Internet gambling in the U.S.

For more information please visit www.safeandsecureig.org.