The cases brought forth against the UIGEA are making more waves around the world as each week slips by. It may be time to break out the life-boats on the high seas of internet gambling until this storm blows by or internet gamblers are saved by an unseen force.
With its suit challenging the UIGEA, iMEGA has made a splash in the US Circuit Court vs. Alberto Gonzales. By using restrictions and increased regulation of the US banking and credit card systems to prevent operators and players from engaging in internet gambling, iMEGA emerged to become a plaintiff in a suit challenging the law intended to target the internet gambling industry.
As for the freedom within the existing and future online communities, iMEGA believes that its interest in challenging the law stems from the chilling effect it will have on future innovation.
A Senior Editor of Red Herring, Cassimir Medford, covered the iMEGA story.
iMEGA’s attorney Eric Bernstein had this to say; “It’s the nature of the issue at hand, and the nature of an entity which can take punitive action against the members. There have been many other instances where groups bringing lawsuits against the government have not disclosed the identities of their members.”
The full story on this news can be found at Gambling 911.
Stay tuned for more breaking news with iMEGA and its challenge with the UIGEA. Let us hope that the tides will turn in favor of the freedom of gambling and against an illegal insertion for online gambling.
The two biggest names in daily fantasy sports in the United States are FanDuel and DraftKings. DraftKings has a deal with the National Football League, and FanDuel does not, and that might have something to do with the class action lawsuit that the latter is facing thanks to player Pierre Garcon of Washington. This lawsuit is the fourth against a daily fantasy sports provider inside of the past 30 days.
Details on the Lawsuit
The merger between BWIN and PartyGaming which has resulted in the world’s largest online gambling firm has caused a ripple across the rest of the gambling industry. Online gambling firm 888 has now acknowledged it has been contacted by competitors looking to put together a similar plan.
Chief Executive Gigi Levy told Reuters that,
“This puts us in a position in which we are one of the best assets in the field — we got a few phone calls immediately from various people.
A bill was introduced earlier this month by New Jersey State Senator Raymond Lesniak which would regulate and legalize intrastate internet gambling. The bill specifically mentions online poker. Taking no chances, Lesniak also introduced a separate bill calling for a referendum to permit sports betting.Items discussed at the hearing included the legality of internet gambling and sports betting in the U.S.