The European Commission has released a report that finds U.S. laws on Internet gambling are not legally justified and discriminate against foreign Internet gambling operators.

Financial Services Committee Chairman Barney Frank (D-MA) has introduced legislation that would allow Americans to bet online and end a 3-year-old ban on Internet gambling.

The Internet Gambling Regulation, Consumer Protection, and Enforcement Act would create a federal regulatory and enforcement framework allowing Internet gambling operators to obtain licenses to accept wages from people in the United States.

A bill that would repeal the U.S. ban on online gambling is set to be introduced next week by U.S. Rep. Barney Frank, chairman of the House of Representatives Financial Services Committee.

Online gambling could generate $52 billion in revenue in the U.S. over the next ten years if the three-year-old ban on Internet gambling was lifted and the government taxed the industry, according to a recent study from PricewaterhouseCoopers.

The European Commission said today that U.S. laws restricting online gambling violate World Trade Organization (WTO) rules.

The commission said WTO proceedings against the U.S. would be justified but that the EU would first seek a way to find a negotiated solution on the issue.

Online gambling could generate $52 billion in revenue in the U.S. over the next ten years if the three-year-old-ban on Internet gambling was repealed and the government taxed the industry, according to a new study.

The study by accounting firm PricewaterhouseCoopers could influence Congress to lift the 2006 Unlawful Internet Gambling Enforcement Act (UIGEA).

The Kentucky Court of Appeals ruled late Tuesday that the state could not seize 141 online gambling domains because they do not constitute a gambling device under Kentucky law.

The ruling overturns a controversial decision made by Franklin County Circuit Court Judge Thomas Wingate in October that said online gambling domains could be seized by the state because the domains were illegal gambling devices that violated Kentucky law.

The co-founder of an Internet gambling site has pleaded guilty to violating U.S. online gambling laws and has agreed to forfeit $300 million.

Anurag Dikshit, 37, a former director of PartyGaming PLC, pleaded guilty Tuesday in U.S. District court to charges that he used wires to transmit bets and wagering information the Justice Department said.

The Bush Administration is working to finalize regulations to enforce a ban on Internet gambling despite concerns raised by banks calling the regulations ambiguous, burdensome and unlikely to stop Americans from gambling online.

What is it about politicians? They seem great when running for office and once they get there they either do dumb stuff or reach for powers not given to them. In Kentucky’s case, it’s both, unfortunately, and when Governor Beshear talks about the threat of online gambling, every sensible thing he ever said flies out the window.

What is it about politicians? They seem great when running for office and once they get there they either do dumb stuff or reach for powers not given to them. In Kentucky’s case, it’s both, unfortunately, and when Governor Beshear talks about the threat of online gambling, every sensible thing he ever said flies out the window.

What is it about politicians? They seem great when running for office and once they get there they either do dumb stuff or reach for powers not given to them. In Kentucky’s case, it’s both, unfortunately, and when Governor Beshear talks about the threat of online gambling, every sensible thing he ever said flies out the window.

What is it about politicians? They seem great when running for office and once they get there they either do dumb stuff or reach for powers not given to them. In Kentucky’s case, it’s both, unfortunately, and when Governor Beshear talks about the threat of online gambling, every sensible thing he ever said flies out the window.

The Interactive Media Entertainment & Gaming Association (iMEGA) a nonprofit corporation, has filed a brief with the US Court of Appeals, 3rd Circuit, in the matter of iMEGA v. Keisler, et al.

Just read Mike’s piece on KY Gov. Beshear’s demand that international gambling sites block access to Kentucky users or forfeit their domain names. I’ve liked Beshear mostly, he took down a real crook of a predecessor in the last election …

Kentucky Governor Steve Beshear has announced he wants to shut down 141 illegal Internet gambling sites in the state in an effort to stop unregulated online gaming.

Beshear has filed a civil suit against the 141 domain names and is asking the court to force the sites to block access to Kentucky users or give up control of their domain names.

The U.S. and Canada should legalize and control online gambling to reduce negative effects, because gamblers play more aggressively online than they do in casinos, according to a joint study by the University of Western Ontario in Canada and the University of Nevada in Las Vegas.

The study found that even though online gambling is illegal in the U.S. and Canada it is still easy for gamblers to gain access to sites that are located in other countries. More than $10 billion is spent annually worldwide by people gambling online.

The South African parliament has passed an Internet gambling law with the goal of regulating the industry in the country.

A memorandum attached to the National Gambling Amendment Bill, describes the industry as "plagued by crime" and states,"This situation has resulted in a considerable loss of revenue to the national fiscus and compromises the country’s reputation as a responsible global citizen."

The Dutch parliament voted down a bill that would have allowed casino operator Holland Casino open a gambling Web site on a trails basis.

The bill was defeated in a close 35-37 vote on Tuesday. The bill passed the lower house of parliament in 2006. It was the upper house that rejected the bill this time. Passage of the bill would have allowed Holland’s gambling monopoly, Holland Casino to have a three-year trial period to operate a monopoly gambling Web site.

The European Union is launching an investigation into a possible international trade violation by the United States for discriminatory trade practices against foreign online gambling companies.

The Office of the U.S. Trade Representative reached a deal with the European Union, Japan and Canada over the U.S. ban on online gambling, but the problem is the details of the agreement have never been made public.

A ruling from World Trade Organization arbitrators will allow the Caribbean nation of Antigua to suspend its intellectual property obligation to the United States to compensate for the U.S. prohibition of online gambling.

The decision will allow Antigua to take copyright-protected U.S. goods, like CDs and software and sell them without copyright protection. The value of the goods can total up to $21 million annually to compensate for the financial loss the country has suffered.