10048

« Home | Why Artist Development Makes A Difference » | Gambling Addiction: Hidden Evils Of Online Play » | Marketing Without Selling » | RV Windshield Damage Repair Options » | Spinal Cord Injury and its Legal Remedy » | 2006 Minnesota Schedule Viking » | Marketing Your Online Business On A Budget » | Wedding Insurance - Say "I Do" » | Hurricane Season 2007 Are You Prepared? » | Bakflip Tonneau Cover Review » 

Tuesday, May 27, 2008

The New US Gambling Laws: What Does It All Mean?

At the end of September 2006 the U.S. Senate introduced "The Unlawful Internet Gambling Enforcement Act 2006". It wasn't so much introduced as pushed through at the back end of the "Safe Port Act", to which some commentators have taken exception. This has caused a flurry of anxiety and (some would say) hysteria among players, website owners and online gambling affiliates alike. But what does the new law actually mean? This article has a look at the facts behind the new legislation.

The first clue is in the wording of the Act itself; it is an enforcement Act. In other words it enforces previous and existing law where legality of gaming has already been established as a matter of precedent, and also the legality and illegality of different types of gaming already existing.

I could do much worse than directly quoting the wise words from Cardplayers legal counsel. He writes that the new bill

"attempts to make it more difficult to get money into a site by forbidding US financial Institutions from funding the type of online gambling that the law has previously made illegal. The new bill does not make online gaming illegal where it was not illegal before ...The bill merely speaks to the mechanism by which an online account is funded."

In other words the Act attempts to hinder Internet gambling sites by starving them of funds, by ordering the banks not to allow players to use their credit cards to play at those sites.

There is nothing about the activity itself being illegal (where it was not illegal before). And clearly, if the gambling sites in question are offshore, then by definition they are not subject to US legislation anyway. So the only way to get at these offshore sites is through the banks and the credit card companies.

The article I quote from goes on to cite the significance of the 1961 Wire Act, which was construed to have made sports betting illegal, but not games such as poker, on the grounds that the law was never enforced with regards to poker in the ten years that Internet gambling has existed. Instead, the 33 cases which were brought under the Wire Act were pursued by "deadbeat gamblers" who simply did not want to pay their gambling debts. The judge on that particular occasion, Stanwood R. Duvall Jr, threw out all 33 suits, so ruling that online poker was not within the reach of the Wire Act's prohibition.

Now while the lawyers are busying themselves on working out the construction of what the new law actually means, it seems that players can make a few simple choices in order to protect themselves from what might be construed:

1. Open an account at an offshore Internet casino website;
2. Ensure the site is registered with a non-US company;
3. Ensure the site is hosted by a non-US company.

The vast majority of offshore Internet gambling sites still operate in US dollars, and they increasingly offer multiple currency choices. You can select which currency you wish to use before you play. Even so, it may be worthwhile remembering that, at the time of writing, there are approximately $1.87 to the Pound Sterling, and $1.26 to the Euro.

If the law goes further it may well be necessary to apply for a credit card issued by a non-US bank. But this is still something that is subject to speculation. We will have to see how the new law pans out in practice. In particular we will have to await the matter of how the law is construed and how precedent impacts upon it.

Peter Deakin is webmaster of http://www.offshore-casino.co.uk which is a portal featuring several multi-currency non-US casinos. Look out for the special offer giveaway of 10,000 ($17,000) of free casino chips at the site.

Article
Nc Aquarium
Film
Article
Hardcore French Cooking Movie Part 1
Recipe Site
Easy Vegetarian Recipes For Healthy Cooking Green Submarine Sandwich Wrap Recipe Guide To Healthy Vegetarian Cooking
Renthouse Tw
Oakland County Parenting Time Lawyer
Enterpriseproposal

Posted by albert11697 | 7:10 PM | E-mail this post

E-mail this post



Remember me (?)



All personal information that you provide here will be governed by the Privacy Policy of Blogger.com. More...

Add a comment

Name:

Website:

Comment:

 


Oct 16, 2007 Oct 17, 2007 Oct 18, 2007 Oct 19, 2007 Oct 21, 2007 Oct 23, 2007 Oct 26, 2007 Oct 27, 2007 Oct 28, 2007 Oct 30, 2007 Nov 1, 2007 Nov 2, 2007 Nov 3, 2007 Nov 4, 2007 Nov 6, 2007 Nov 7, 2007 Nov 9, 2007 Nov 11, 2007 Nov 13, 2007 Nov 16, 2007 Nov 22, 2007 Nov 23, 2007 Nov 28, 2007 Nov 29, 2007 Dec 16, 2007 May 27, 2008 Jun 1, 2008 Jun 7, 2008 Sep 19, 2008 Oct 7, 2008 Oct 13, 2008 Oct 28, 2008 Nov 4, 2008 Nov 8, 2008 Nov 15, 2008 Nov 22, 2008 Feb 18, 2009 Mar 4, 2009 Mar 25, 2009 Jun 30, 2009


Powered by Blogger Templates