Bet From Anywhere Blog

In an update to our February story, about Assemblyman Lloyd Levine sponsoring bill AB2026 calling on the California Gambling Control Commission (CGCC) to carry out the study into controlling and operating internet gambling operations, the bill was approved by the Senate Governmental Organization Committee on Tuesday, June 24 on a 6-1 vote, with amendments to move forward on drafting regulations and generating projections for potential revenue. [Read more →]

Tags:   AB2026 · California · CGCC · Lloyd LevineNo Comments.

Jeffrey L. Derevensky, a leading professor at McGill University, contends that Rep. Spencer Bachus (R-Ala.) incorrectly cited the university’s research on gambling addiction in arguing for the continued prohibition on Internet gambling. Derevensky in fact believes that the regulation of online gambling is an opportunity to put in place safeguards to combat problem and underage gambling.

In a mark up of the Payments System Protection Act (H.R. 5767) in the House Committee on Financial Services on June 25, 2008, Rep. Bachus, citing research at McGill, claimed that one-third of college students who gambled online attempted suicide.

“This assertion, which is reportedly based upon our empirical research, is not predicated upon any factual evidence,” responded Derevensky in an interview with the Safe and Secure Internet Gambling Initiative. “None of the studies conducted with adolescents or college students, to the best of my knowledge, have looked at a connection between Internet wagering and suicide attempts.” Derevensky raised these same concerns in a letter sent last week to Reps. Bachus and Barney Frank (D-Mass.) [Read more →]

Tags:   HR2046 · HR5523 · HR5767 · hr6501 · Spencer BachusNo Comments.

In a continuing saga of US and Antigua trying to arrive to a compromise about US banning internet gambling, which was a large industry in Antigua, Antigua’s finance minister says it could take several more months to resolve an Internet gambling feud with the U.S.The countries have been at odds since the World Trade Organization last year ruled the island could impose retaliatory sanctions for a U.S. ban on online betting.

The World Trade Organization says the island can impose US$21 million in sanctions against the U.S.

Finance Minister Errol Cort says officials will know in about three months whether a compromise agreement is feasible.

[Read more →]

Tags:   antigua · barbuda · WTONo Comments.

The struggle over the controversial Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) continues. Late last month, H.R. 5767, which blocked implementation of the UIGEA, was defeated in the U.S. House Committee on Financial Services.

Meanwhile, a new bill related to online gambling was introduced this week by U.S. Rep. James McDermott, D-Wash. H.R. 6501 amends the Social Security Act to establish a trust fund from the proceeds of taxing Internet gambling. The trust fund would be used to provide education, job training, public-transit subsidies and other services to individuals in foster care or in declining sectors of the economy. The bill was referred to the House Committee on Ways and Means and Committee on Education and Labor. [Read more →]

Tags:   Barney Frank · HR5767 · hr6501 · james mcdermott · peter king · ron paulNo Comments.

We really can’t wait for someone to turn around and use this as proof of while online gambling is bad for the world:

The high alert is aimed at big-time gamblers and the tennis pros who they are increasingly trying – sometimes successfully – to corrupt.

Coincident with opening day for the grass-court extravaganza, there are plans to announce strict new anti-corruption rules, involving fines and suspensions. Red flags have been raised repeatedly in recent years, with a resulting investigation revealing that at least 45 matches, including several at Wimbledon, are regarded as highly suspicious.

Significantly, it was British bookmakers who raised the alarm, as they noticed spikes in money bet for certain otherwise unexceptional matches. Tennis in general has begun to attract enormous betting interest, ranking behind only soccer and racing in the U.K. One online book alone says it took more than $1 billion (Canadian) in Wimbledon bets last year.

Such vasts sums are bound to attract sophisticated criminal interest. Whether such interests have been there all along or not is open to question, but fixing has been a problem in all of sports dating back to the very beginning. [Read more →]

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Tags:   gambling · tenisNo Comments.