www.nytimes.com Many of the country’s largest casinos, long opposed to gambling games like poker on the Internet, are now having second thoughts. Although online gambling is popular with millions of Americans, it is illegal in the United States, and the casino industry has considered it a threat. But a trade group that represents major casinos like Harrah’s Entertainment, MGM Resorts and Wynn Resorts is working on a proposal that would ask Congress to legalize at least some form of online gambling, the group’s chief executive said. The group, the American Gaming Association, issued a statement in the spring suggesting that online gambling could be properly regulated — the first public indication that its hard-line stance was softening. The chief executive, Frank J. Fahrenkopf Jr., said in an interview by phone that the association had not settled on the details of its proposed legislation, including how the proceeds from Internet gambling would be taxed. “We have been working on something,” he said, “and continue to work on it.” Gambling specialists said it was likely that any casino-supported legalization would be limited to Internet poker because it was considered the least threatening to brick-and-mortar casinos. Internet poker already had the backing of some in the casino industry, and was seen as a new and lucrative source of revenue for the casino companies. Congress has been weighing a bill by Representative Barney Frank, Democrat of Massachusetts, that would …
Sports Gambling vs. Stock Market.. Is there any difference with the two? Is one safer than the other? Its interesting that stock market investing is legal when the risks are potentially a lot higher. Both games require skill to be a winner, and without skill most are left in the dust Music By Rick Clarke at the end of the video - For Royalty Free Music, please visit his site wikimediafoundation.org Please Rate and Comment
Geat rant, summary of problems and some good solutions on fixing the US economy from Dylan Ratigan on Morning Meeting. Copyright MSNBC 2009 Out of Order jobs job losses unemployment stimulus House economic reform Barney Frank Wall Street bankers bank Dow S&P 500 market dollar collapse recession depression collapse Goldman Sachs JP Morgan Wells Fargo credit card reform too big to fail TBTF Geithner Bernanke usdx Fed Federal Reserve interest rates financial reform regulatory AIG profits TARP …
Is the Stock Market a casino? If it wasn’t, then no one would lose! Many have lost, and the mainstream media will not let their customers know of this information. Links: Video from Fox Business www.youtube.com Internet Gambling Prohibition Act of 1999 Found www.worlds-best-online-casinos.com Safe Port Act 2006 en.wikipedia.org Blog trade-technicals.blogspot.com
