Congressman Barney Frank is a determined man. He has set out to lift the federal ban on gambling and at a press conference on Sunday he presented his agenda for financial reform. He says “I’m going to be pushing it, the existing legislation (2006 Unlawful Internet Gambling Enforcement Act) is an inappropriate interference on the personal freedom of Americans and this interference should be undone.”
It seems that the online gambling industry may be one of the few that will keep their heads above water in this economic crisis. Clive Hawkswood, chief executive of the European Remote Gambling Association said “the online betting market is coping very well with the slowdown and is bucking the trend.”
If bank statements show that you sometimes have an online bet on the horses, play online bingo or any other form of online gambling, think twice about applying for a mortgage or loan, because it will probably be rejected. Banks look at online gamblers in a very negative light nowadays and if they see money being paid to online gambling accounts, particularly on a regular basis, they will not be happy about it.
The state of Utah in the USA is coming around to Representative Barney Frank’s way of thinking and his desire to regulate the internet gambling industry. Utah Attorney General, Mark Shurtleff, now thinks that it is the way forward, because people are going to gamble online anyway and they should be able to do so safely.
The NH Grand Krasnapolsky Hotel in Amsterdam is the venue chosen for the 7th annual 2009 Casino Affiliate Convention (CAC) on 30-31 March. The main focus of the CAC is advertising and marketing for an internet casino operation, including poker and bingo. Several top speakers are scheduled to share their tactics and strategies with the delegates. This particular CAC will be hosting over 1000 delegates.