Sunday, December 23, 2007

Online Betting

online betting, betting bonus, betting online, football score, sport betting, gambling online, poker online, gambling card, football online, betting, sports gambling, online bet, live score, casino online, internet gambling, big brother online, sports betting, sports news, football betting, live score football, casino gambling online, casino gambling, online bet, betting exchange, football betting, football online, football live, online casino gambling, gambling, Taylor reported that attitudes are changing in Vegas by some of the entertainment corporations which run the Vegas casinos but that there is still apprehension by some companies because of the legalities involved. He interviewed David Strow of Harrah's Entertainment who said, "We've spent the last 65 years building up this company. We now have more than 24 casinos across the country, and billions of dollars invested. But the way it works in the US is that each of these casinos has to be licensed by a state in order to operate. They view it as a privilege not a right. If we're found in violation of federal or state laws regarding Internet gaming they have the right to take our licences. In essence we could lose our ability to operate our properties."While the existing laws continue to be confusing some senators are trying to get new legislation passed to make online gambling illegal once and for all. In an attempt to stop it at the source, Sen. John Kyl's (R.-Ariz) most recent legislation wants to cut off American access to Internet gambling sites by prohibiting U.S. banks, credit card companies and other Internet payment systems from making payments to online casinos. The bill would allow the State and Federal Attorney Generals to request injunctions against financial institutions, Internet Service Providers, or computer software providers that fail to assist in the prevention or restraint of Internet gambling. The Kyl bill, S. 627, applies criminal penalties of up to five years in prison to operators of Internet gambling sites.gambling, online betting, betting bonus, betting online, football score, sport betting, gambling online, poker online, gambling card, football online, betting, sports gambling, online bet, live score, casino online, internet gambling, big brother online, sports betting, sports news, football betting, live score football, casino gambling online, casino gambling, online bet, betting exchange, football betting, football online, football live, online casino gambling, The Senate Banking Committee expressed strong support for the Kyl bill during a hearing in March. The House Judiciary Committee's subcommittee on crime passed the House version of the bill authored by U.S. Rep. Jim Leach of Iowa in May. It had already won the support of the House Financial Services Committee in March. The legislation has previously passed both the Senate and the House, but never in the same session of Congress.Kanigher reported that Nevada Gov. Kenny Guinn signed into law a bill in 2001 that directed state regulators to develop ways to license and regulate Internet gaming companies as long as they operated in compliance with federal laws. Kanigher interviewed Nevada Gaming Control Board Chairman Dennis Neilander who said that those regulations have not been developed because of the Justice Department's position that all Internet gambling is illegal.Many credit card companies have already distanced themselves from online gambling. According to Beth Cox of Ecommerce News, as of July the list includes Bank of America, Fleet, MBNA and Chase Manhattan, as well as Citibank, which controls about 12 percent of the U.S. credit card market.'"The state law requires us to make a finding that it can be done applicable to federal laws," he said. "As long as the Department of Justice takes the position that it can't be done, we won't override that."…. "It's kind of a gray area right now because you're transmitting across state lines, so the federal law comes into play, and the federal law is unclear," he said.'online casino gambling, gambling, online betting, betting bonus, betting online, football score, sport betting, gambling online, poker online, gambling card, football online, betting, sports gambling, online bet, live score, casino online, internet gambling, big brother online, sports betting, sports news, football betting, live score football, casino gambling online, casino gambling, online bet, betting exchange, football betting, football online, football live,
Online Betting