Bet From Anywhere Blog

The Department of the Treasury and the Federal Reserve Board announced the release of a joint final rule to implement the Unlawful Internet Gambling Enforcement Act of 2006. The Act prohibits gambling businesses from knowingly accepting payments in connection with unlawful Internet gambling, including payments made through credit cards, electronic funds transfers, and checks. The [...]

A senior congressional Democrat on Monday accused the Bush administration of rushing to implement Internet gambling rules that have raised concerns among banks before it leaves office on January 20. “I am deeply disappointed to hear that your agency is proceeding with what I consider to be unseemly haste in issuing regulations implementing the Unlawful [...]

The following opinion piece was published by CNET, written by Dick Armey, the chairman of FreedomWorks, a national grassroots organization dedicated to lower taxes, less government, and more freedom. While most of us are distracted watching the presidential election, the U.S. Treasury Department is quietly pushing through new rules that potentially will have devastating consequences [...]

According to Reuters, Dutch authorities intend to crack down on illegal online casinos and are calling on banks to stop providing financial services to them. “It is illegal to offer gambling services in the Netherlands without a permit. These companies know they break the law,” Justice Ministry spokeswoman said on Saturday. The ministry has made [...]

Reps. Barney Frank (D-Mass.) and Ron Paul (R-Texas) have introduced new legislation The Safe and Secure Internet Gambling Initiative (SSIGI), H.R.5767, that would prohibit the Department of the Treasury and Federal Reserve System from proposing, prescribing or implementing any regulations related to the current ban on Internet gambling, as required by the Unlawful Internet Gambling [...]