Internet gambling Articles

Internet Gambling and Substance Use Linked

With the click of a mouse or touch of a mobile phone screen gambling is now at our fingertips 24/7 with Internet play. With this increased access to gambling, are online gamblers more prone to risky behaviors than offline gamblers? …

New Online Poker Legislation Introduced in the House of Representatives New Online Poker Legislation Introduced in the House of Representatives
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Are the wheels in motion for a federal overhaul of the online poker business? According to a release from the Safe and Secure Internet Gambling Initiative, some members of the house are looking to regulate the game. Today, “influential member …

PokerStars, Full Tilt, Absolute Poker Sites Seized by FBI [UPDATE] PokerStars, Full Tilt, Absolute Poker Sites Seized by FBI [UPDATE]
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UPDATE: Following Friday’s online poker crackdown, some dubbed it the “Black Friday” of poker. The poker world reacted on Twitter with all kinds of comments – serious, sarcastic and everything in between. Reuters and CNBC have just reported that top …

Internet Gambling Bill To Get Mark-Up Tuesday
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The Internet Gambling Regulation, Consumer Protection and Enforcement Act (H.R. 2267) which was debated at a Congressional hearing this week is set to be amended or marked up by the House Financial Services Committee next Tuesday.

Lawmakers Hold Hearing On Internet Gambling

The House Committee on Financial Services held a hearing Wednesday to discuss regulating Internet gambling in the U.S. and establish safeguards for licensed operators to put in place to protect against underage and problem gambling.

Legal Online Gambling Would Create 32,000 New Jobs

The Safe and Secure Internet Gambling Initiative told WebProNews today it applauds a new study that projects regulating all forms of Internet gambling in the United States would create up to 32,000 jobs over five years.

Updated Internet Gambling Bill Would Generate $30 Billion For States
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The Safe and Secure Internet Gambling Initiative told WebProNews today it strongly supports Representative Jim McDermott (D-WA) for the introduction of an updated version of the Internet Gambling Regulation and Tax Enforcement Act of 2010.

The updated legislation would guarantee taxes and fees are collected from wagers placed online in order to raise much-needed revenue for federal and state budgets.

Poker Celebrity Phil Hellmuth Takes Down His Drunk Tweets!
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Poker superstar Phil (Poker Brat) Hellmuth, who first started twittering December 18th last year has taken to Twitter like it’s his personal diary. Hellmuth is using Twitter as a live outlet to express his frustrations after a losing hand during online poker play so the rail birds at UltimateBet can experience the full flavor of a Hellmuth outburst, just like on ESPN’s coverage of the World Series of Poker. (Follow Phil Hellmuth on Twitter)

Note: Since this article was originally published Wednesday, April 15th, many blogs and news sites were inspired to also run stories on Hellmouth’s drunk tweets. Hellmuth has since taken down his twitter posts, but you can still read them on WebProNews.

Frank To Introduce Repeal Of Online Gambling Ban
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Though Representative Barney Frank has gotten most of his attention due to his role in handling the economic crisis, the chairman of the House Financial Services Committee is also known for his nearly lone opposition to the Unlawful Internet Gambling Enforcement Act, almost unanimously passed in late 2006. Frank is holding steady on that opposition and, according to Reuters, will introduce legislation next month to repeal that law.

U.S. Regulators Issue Internet Gambling Rule
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The U.S. Department of the Treasury and the Federal Reserve have issued the final rule to implement the controversial Unlawful Internet Gambling Enforcement Act (UIGEA).

The Act prohibits gambling businesses from accepting payments from unlawful Internet gambling sites, including payments made with credit cards, electronic funds transfers, and checks.

EU Says U.S. Needs To Change Net Gambling Law

The European Union Trade Commissioner, Peter Mandelson said the Untied States should change the Internet gambling law that discriminates against European companies by not allowing them to offer their services in the U.S.

Online Gambling Addictions Growing

Gambling is big business, and in the so-called “lawless land” of the Internet, it’s on the rise. Online gambling generated around $12 billion last year, spread out over roughly 2,300 gaming sites. Some studies indicate that the rise in gambling is being accompanied by an increase in gambling addiction.