You may have never heard of the Interactive Media Entertainment and Gaming Association. It's called iMEGA for short and it's leading the charge to declare the Unlawful Internet Gambling Enforcement Act unconstitutional. How, you ask, could the 2006 law be overturned? iMEGA is on the verge of filing its claim in the Third Circuit Court of Appeals in the Northeast United States, charging that the UIGEA violates First Amendment rights. A judge recently granted the organization standing to sue. PokerNewsDaily recently spoke with iMEGA Executive Director Ed Leyden to learn more about the Washington-based organization and the future of its lawsuit. Read more »
UIGEA
Congressman Spencer Bachus Lies About Suicide Connection to Gambling
In a House Financial Services Committee hearing on June 25th, the topic was HR 5767, which would have blocked the regulations of the Unlawful Internet Gambling Enforcement Act (UIGEA) from becoming a reality. Congressman Spencer Bachus (R-AL) led the opposition to the bill. Bachus centered his arguments not on the merits of the UIGEA or even on whether the law could ever actually be enforced. Instead, Bachus took the moral road, focusing on the deleterious effects of gambling on our nation's youth. Read more »
House Financial Services Committee Halts HR 5767
In an unexpected turn of events on Wednesday, HR 5767, a bill proposed by Congressmen Barney Frank (D-MA) and Ron Paul (R-TX) that would have stopped the U.S. Treasury and Federal Reserve from implementing the regulations of the Unlawful Internet Gambling Enforcement Act, was defeated in the House Financial Services Committee. A vote for an amendment by Congressman Peter King that would have required cooperation with the U.S. Department of Justice to identify what "illegal" and "legal" transactions were under the UIGEA ended in a dead heat largely along party lines. When the smoke cleared, the 32-32 vote meant that the amendment was defeated. The Committee then turned to a verbal vote for HR 5767, which was defeated when the "Nays" greatly outnumbered the "Yays." The news came as a shock to many in the internet gambling industry. Read more »
HR 5767 to be Marked Up; Now Has 20 Co-Sponsors
While you were busy hitting the links or just taking it easy this weekend, two big developments occurred on the legislative front in the United States. To catch you up to speed, back in 2006, former Senate Majority Leader Bill Frist, from Tennessee, pushed the Unlawful Internet Gambling Enforcement Act through Congress. Read more »
PartyGaming might be close to a deal with US authorities
Shares in PartyGaming (PRTY.L), parent company of PartyPoker, were up over 10% Friday amid rumors that it has come to an agreement with U.S. authorities over its prior U.S.-facing activities. Read more »