Tag Archive: US government

Online poker forums have been abuzz with theory linking Black Friday poker indictments with the killing of Osama bin Laden.

A few days ago, US Senator Ron Wyden of Oregon introduced what is now the 3rd bill that attempts to overturn the UIGEA and to legalize, regulate, and tax internet gambling in the United States. This new bill is tightly connected with Wyden's new bill seeks to take the revenue created by the taxation of legal internet gambling in the US and to funnel it into the healthcare system. A recent study from PriceWaterhouseCoopers suggests that over a 10 year period, legal internet gambling in the US could bring in more than $60 billion. While this massive amount of money represents a mere 7.5% of the total cost of Obama's new healthcare reform, every little bit helps. Since its introduction, the Frank bill has not moved very far. Pressing economic issues have taken precedence. Attaching the bill to the health care reform issue may speed things up, but it seems unlikely at this point that any big changes will happen during these final months of 2009. The issue of online gambling in the US still remains a hot topic, and a resolution is not too far off. This is a good time to remind our readers that online gambling in the US is not illegal. The current laws only affect banks and other financial institutions, insisting that they cannot process payments connected with internet gambling sites. There are still dozens of excellent online casinos that accept US players – casinos that are hosted offshore, where the US government has no jurisdiction. Look here to find the top US online gambling sites for real money and .

Las Vegas in Nevada and Atlantic City in New Jersey are both being hit hard by the recession. Atlantic City casinos are reporting drops revenues as high as 15% compared to this same time last year. In Vegas, major hotels are seeing fewer

US Congressmen Barney Frank is a friend of the online gambling industry. His efforts during the last few years to overturn the current online gambling ban, and to bring internet casinos back to US players, is very well known. Back in May, Frank

Last week, the much-awaited bill by Rep. Barry Frank was finally made official. This bill calls for the reversal of the current stance on internet gambling in the United States. Right now, a law known as the Unlawful Internet Gambling