The Federal Reserve and the Officials at the Treasury Department, after going through more than 200 comments from banks, gamblers, church groups and members of congress on recommendations on the UIGEA (Unlawful Internet Gambling Enforcement Act) of 2006, say WON’T WORK!!!
Shelley Berkley, Representative from Nevada, was very irate and said” This Legislation has a loophole big enough to drive a truck through, and was designed solely to protect betting on horse racing and lotteries over the net.” She also says that the fact that this bill was included in the GOP’s “Values Agenda” proves it is nothing more than an election-year ploy to satisfy Republicans on the far right who want to outlaw adults from gambling in Nevada or anywhere else.
Berkley said.” A Man’s home is his castle unless he chooses to participate in online gaming. Then his home becomes the province of the federal government.”
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As dynamic as it is, the online gambling industry is constantly undergoing various modifications and transformations. By exploring the possibilities of game development, bringing more efficiency and safety to money transactions, suppliers push the limits and level up player experience continuously.
Over the course of the past decades, we have witnessed multiple groundbreaking chances, but surprisingly, there’s always room for more.
Relax Gaming (RG) saw its Gibraltar subsidiary, Relax Gaming Gibraltar, receive United Kingdom Gambling Commission approval, which indicates new growth opportunities "in one of the most important markets in the world." This means that RG games are available to UK providers via its Gibraltar subsidiary, which the group welcomes as “another milestone” in the group's continued growth strategy.
SoftSwiss, an online casino provider received a very important B2B license from the Malta Gambling Authority. This license allows SoftSwiss to expand its content offering in the jurisdiction of Malta while at the same time they are strengthening collaboration with its clients.