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Legal News Archives - Page 26Gambling and the Law: A present from the DOJ28 December 2011
Professor I. Nelson Rose said he believes the Wire Act announcement by the Department of Justice is a major incentive for states to look at legalizing intra-state poker and other games.
DOJ says Wire Act only applies to sportsbetting23 December 2011
The U.S. Department of Justice on Friday revealed that it has changed its long-held position and found that the federal Wire Act of 1961 only applies to sports betting.
U.S. DOJ reverses course, says intrastate online gambling is legal23 December 2011
The Department of Justice gave American online gamblers a Christmas present Friday when it said individual states had the authority to license and regulate non-sports related intrastate online gambling.
Top-10 gambling industry stories of 201123 December 2011
There are times when the Casino City editorial team really has to scrape the bottom of the barrel to come up with enough items to fill a top-10 list. Putting together the top-10 gambling industry stories of 2011, however, was not one of those times.
A former Internet poker player sees a way back into the game, thanks to the DOJ23 December 2011
Aaron Todd was pleasantly surprised when he saw that the Department of Justice released an advisory memo admitting that the UIGEA does in fact give states the right to regulate intrastate online gambling.
Absolute Poker founder pleads guilty to bank fraud and money laundering20 December 2011
Absolute Poker co-founder Brent Beckley entered a guilty plea today in response to charges of bank fraud, money laundering, illegal gambling offenses and violating the Unlawful Internet Gambling Enforcement Act (UIGEA).
Top-10 U.S. online gaming stories to watch in 201212 December 2011
With 2011 drawing to a close, Casino City's Vin Narayanan looks ahead and outlines the top stories to watch next year when it comes to licensing and regulating online gaming in the U.S.
Farewell to Barney Frank; missing my chance to vote for Internet gambling's champion1 December 2011
Casino City's Aaron Todd was a big fan of Barney Frank, and he was excited to learn that he'd be able to vote for him after Massachusetts announced its redistricting plan. But then, 16-term Congressman announced he would not seek reelection.
Nevada regulator says online can be policed21 November 2011
Gaming Control Board Chairman Mark Lipparelli said Internet gambling can be policed with software that ferrets out cheaters and systems that identify underage and addicted players.
House subcommittee hearing asks who should operate regulated Internet poker sites18 November 2011
A House subcommittee hearing on the possibility of licensing and regulating Internet poker rehashed a familiar debate on Friday, with many lawmakers expressing reserved support for the idea while others were concerned about the impact it would have on problem gamblers and minors.
Report: French group finalizes deal to buy Full Tilt17 November 2011
Groupe Bernard Tapie (GBT) may have finalized a deal to purchase Full Tilt Poker, according to a report published by Yahoo and CNNMoney.com.
Indian tribes want major role in online gaming process17 November 2011
Sen. Daniel Akaka, Chairman of the Committee on Indian Affairs, heard arguments from both proponents and opponents of regulated online gambling in a hearing on Thursday afternoon.
States' rights and fragmented Internet gambling markets15 November 2011
State legislatures will continue to gain confidence in their ability to regulate gambling on the Internet, but they will be careful not to impose their laws outside their territory.
NJ voters overwhelmingly approve legal sports betting9 November 2011
Voters overwhelmingly supported the beginning of legal sports wagering in New Jersey on Tuesday, approving the constitutional question by a 65-35 margin.
Absolute Poker, UB.com headed for liquidation28 October 2011
Absolute Poker and UB.com are preparing to liquidate their assets to pay players who have been unable to withdraw money from their sites since the owners of the online poker rooms were named in a criminal complaint by the U.S. Department of Justice (DOJ) in April.
AGA says online poker is "safe bet"25 October 2011
Frank J. Fahrenkopf, Jr. says a hearing on Intenet gambling "made it abundantly clear that the 'safe bet' is to allow states, following federal guidelines, to license and regulate online poker.
Internet poker hearing focuses on player protections, underage players25 October 2011
Members of the House Subcommittee on Commerce, Manufacturing and Trade, during a hearing on the Internet poker industry on Tuesday morning, expressed their concern regarding the ability of a regulatory agency to provide player protections and keep underage players from gaining access to online poker sites.
Top-10 moments in Full Tilt Poker history3 October 2011
It’s been a pretty tumultuous year for Full Tilt Poker. Once the second-largest online poker site in the world, Full Tilt has suffered a historic fall from grace.
Full Tilt Poker's gaming license revoked by Alderney29 September 2011
The Alderney Gambling Control Commission (AGCC) revoked the formerly formidable online poker company's license for "serious breaches of AGCC regulations including false reporting, unauthorized provision of credit, and failure to report material events."
Nevada online poker talks draw little controversy27 September 2011
The Nevada Gaming Control Board spent about 75 minutes taking public input into proposed regulations for regulated online poker.
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