Posts Tagged ‘UIGEA’
India To Change Money Laundering Laws
In India, the Minister of State for Finance has tabled a bill in Parliament that would amend the nation’s Prevention of Money Laundering Act 2002 and require money transfer providers to abide by mandatory reporting obligations. If successful, Pawan Kumar Bansal’s bill would also see payment gateways such as Visa and MasterCard along with [...]
PPA Produces Congressional Guide
In America, the Poker Players Alliance (PPA) advocacy group has produced an online ratings guide on the position of Members of the US Congress to the legalisation of the game. The PPA was founded in 2006 as an advocate for poker in the halls of power in Washington, DC and now has 1.2 million members throughout the nation. Released just in time [...]
US Deal Could Be Close
In America, a settlement between the US Department of Justice and certain European online gambling operators may be in sight just over two years after the passage of the Unlawful Internet Gambling Enforcement Act (UIGEA). Until now, negotiations with the likes of operators Sportingbet and PartyGaming had been making painfully slow progress. [...]
NETELLER Changing Its Name to Neovia Financial
Isle of Man-based online payment processor NETELLER has announced that it will be changing its name next month as part of a rebranding exercise designed to differentiate it from its operating brands. From November 17, the popular e-wallet will be known as Neovia Financial with the new share symbol ‘NEO’ on the London Stock Exchange subject [...]
Kentucky Action Branded As ‘Flawed’
In America, the Safe and Secure Internet Gambling Initiative (SSIGI) has added its voice to the debate over whether the state of Kentucky should be permitted to seize 141 domain names associated with gambling. Jeffrey Sandman, Spokesperson for the Washington, DC-based lobby group, penned an open letter to Democrat Governor Steve Beshear late [...]
