Tuesday, November 21, 2006

New York Hits Gambling Operation

Read how a New York based Gambling operation becomes the first victim of the new anti-gambling act passed by President Bush.

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Thursday, November 16, 2006

Internet gambling breeds addiction

The availability of internet gambling may draw individuals who seek out isolated and anonymous contexts for their gambling behaviours

Dr George Ladd & Dr Nancy Petry

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Charges laid in Internet gambling operation

NEW YORK -- Criminal charges have been brought against more than two dozen people and corporations in four states in connection with a billion-dollar-a-year gambling website, authorities said yesterday.

Authorities declined to name any of those charged. One of the corporations is an offshore Internet company with an American counterpart, said Kevin Ryan, a spokesman for Queens District Attorney Richard Brown.

Ryan said the case is "one of the first times that a web designer corporation and the companies that maintain the websites have been charged."

He said the arrests by the DA's office and the New York Police Department represent the first time that Internet gambling charges have been brought since President George W. Bush signed into law last month the Unlawful Internet Gambling Enforcement Act.

Ryan said arrests had been made in four states, and "we have initiated a $500-million asset forfeiture case," one of the largest in state history.

The Becker-Posner Blog

The enforcement of anti-offshore gambling laws relies on credit cards. These laws can be circumvanted by alternative ways of paying for online bets like digital currency or European credit cards issued to U.S. consumers.
U.S. should lobby for a 48 hour wait time for credit card company charges for overseas gambling bets. This way, barriers to gambling overseas will lead to gambling within the U.S. (where American rules and regulations can be enforced).

On a different note, fake overseas gambling bets can be used for terrorist financing. Therefore, we need laws that curb such collusive behavior between 'American' customers and their overseas 'relatives'.

Internet Gambling: Prohibition v. Legalization

The following article looks at the idea of prohibition in regards to online gambling versus the idea of just legalizing the concept. \


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Internet Gambling: Popular Inexorable and (Eventually) Legal

This paper was written in 1999 by Tom W. Bell. He studied the internet ghambling phenomenom and came to the conclusion that this form of gabling would eventually become legal. As evidenced by more recent laws that will not happen. Read what Tom though of the idea in retrospect.

Just click on title of article above to read Pdf file.

The Future Legal Landscape for Internet Gambling

More and more clients are asking their lawyers whether Internet gambling is legal. To adequately represent clients interested in becoming involved in any way with Internet gambling requires lawyers to not only determine whether current laws, primarily criminal statutes, apply, but also to predict what the law will look like in the near future. The nature of the Internet requires that any legal analysis, including predictions of future developments, include multiple levels of government, ranging from tribes and states to countries, multi-national federations and international law. Most important are the laws that might impact the owners and operators of a website, which include not only where these individuals reside, but also where their computers are located and even the site of their server. As a practical matter, whether a local law makes it illegal for a player to make a bet is of less concern to operators; although large gaming corporations have to be careful to avoid illegal activities abroad to protect their home licenses and all operators are concerned with the collectability of wagers placed by credit cards.

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Internet gambling: An Overview of the Issues

This is a link to a pdf file that delves into the issues of the why the U.S. government sought to ban online gambling through the use of credit cards. Just clink on the title above to access the link.