California’s this years budget fall short due to on going global crisis and now the state legislative’s have agreed to take the matter to the senate for proper implementation of online poker and other gambling games.

There are around 1 million players who regularly play online poker in the state of California. The California would become the first state to explicitly legalize and regulate intrastate online poker if this proposal becomes law.

The hearing for regulations of online poker will be heard next year in February.

It has also been said that current ruling by the U.S. third circuit court of appeals clarified that the UIGEA, which was passed in 2006, did not criminalize any forms of online gambling. That law just affects the payment processors and how money can be transferred onto sites.

PPA, Barney Frank and other supporters of online gambling were extremely happy to see UIGEA law extension and now Barney Frank will try to implement  his online gambling regulation bill in the senate this december for hearing as its a perfect time. 

Time is going tell us the future of online gambling in United States. 

Online gambling activities are growing consistently without any fear in the minds of American citizens with billions of dollars still getting wagered yearly for fueling and cashing gambling accounts.

Banks and other financial institutions have given up on UIGEA and stated that it is impossible to stop online gambling trasaction as there are thousands and millions of transaction taking place every day and filtering each and every process would be very very difficult. The banking institutions have further added that  still we haven’t received as to what type of gambling activities are banned there is no proper defination given to UIGEA rules. 

The above online gambling firms are looking forward to obtain licenses which will be provided by the state of Sikkim, where the gambling is legalized followed by the state of Goa, where maximum people play casino’s offline.

The only question remains is that whether online gambling will flourish in India, where online spending is very poor and internet broadband connections are few but no doubt growing rapidly. Being an Indian citizen I doubt Indian market potentiality where people hardly use credit cards online to make e payments due to lack of security and other online threats.

Online poker is a game which is accepted as a culture in United States and UK being the hub of online gambling but what about India. People hardly know what is poker and forget about playing it for real money that too online. 

So, I request all online gambling firms to think twice while entering Indian market. 

Barney Frank and other supporters of online gambling regulations bill are fighting against UIGEA as the deadline is approaching when UIGEA rules will be fully implemented this year ending. If the UIGEA rules are implemented then banks and other financial institutions will not be allowed to transfer payments to online gambling firms. 

American citizens will not be allowed to withdraw and deposit funds to gambling accounts. 

Recently two well known companies using Microgaming skins,  Eurolinx and Betonbet poker were dissolved. According to news reports Eurolinux’s $140,000 in player funds were seized by the US government.

Due to above circumstances, Microgaming’s market share tubmbled all time low but it is not a big worry as they have many sites. Ladbrokes and Stan James remain two of the network’s most reputable exponents.

The things are definitely working in favor of Frank’s gambling bill as one more co-sponsor was added to the supporters list. This time it was representative John Conyers, a Democrat from Michigan.

The support for online gambling regulation is increasing day by day and on other side PPA, well known as poker player alliance is lobbying at capital city of United States.

Beside all these, congressman, Barney Frank introduced a bill last month and hearing was scheduled this month, but due to other major issues such as economy crisis, the hearing was postponed later this september.

One thing is certain, that in order to pass the bill you need majority support and its happening for Frank’s internet gambling bill. Already forty cosponsors are added to the bill support and recently two more sponsors rendered their support to curb UIGEA law. 

Frank spent the weekend at the WSOP, where he answered questions regarding his online gambling legislation.

China has asked Google to block all online casino sites as well as porn sites. The country, has raised concerns over porn and gambling portals on the web for the past many years and has now asked giant search engine Google.ch and other search engines to block access to illegal sites in order to protect minors.

Google had previously blocked porn results for Chinese language searches, but residents have surpassed that ban by using the foreign language searches to reach sexual sites.

 The list of web sites have already given to all the major ISP’s in the state of Minnesota. While iMEGA, the Minnesota attorney-general’s office and the Department of Public Safety have been involved with efforts to reach a settlement, as of today no final agreement has been reached.

However,  Imega hoped that this matter may be resolved as quickly as possible, so that Minnesota residents may rest easy and feel no threat of censorship of their Internet service.

The bingo operator, Cashcade  runs famous bingo brand, Foxy bingo and other site getminted.  According to times UK the company Cashcade  achieved gross gaming revenues of GBP 45 million last year.

PartyGaming  chief, Jim Ryan stated that the company is considering a number of possible acquisition targets, and there have been rumours that the group is involved in possible negotiations with Everest Poker owner GigaMedia.
 

Harrash never thought that one day his own plans will demolish their own business. Due to on going recession in United States, Harrash lost major chunk of revenue as people opted for online gambling rather then going offline.

Now, things are looking bright for online gambling as Harrash already supporting Barney’s online gambling bill. PPA with the support of more than million people is trying to get the bill pass in senate this june or may be july.

Minister of Dutch said we want to safeguard our people from gambling which ruin their lives. A gambling firm, Betfair has filed a case against the Dutch  nation in EU court. Further inquiries will be conducted by the EU authorities.

According to news Telegraf :- "The European Commissioner Charlie McCreevy has asked the appropriate services to start an investigation into the banking blockade. As far as we are aware, the Netherlands is the only country in Europe to do such a thing."

The firm seeked growth on the Internet side as opposed to telephone betting gross win, which declined by 31 percent.

The companie’s spokesman stated that their they have done well especially in the area of horse betting and betting in football matches.

Revenues were up by 6.6 percent and gross win increased by 3 percent in the 17 weeks to April 28. Over-the-counter gross win fell by 5 percent however, reflecting the cancellations and customer-friendly wager results in March.

888.com was one of the gambling companies based in UK which accepted bets from US citizens prior to UIGEA rules, now the firm wants to settle a deal with the US justice dept by paying handsome fine in order to avoid any prosecution and maintain relationship with United States for future business.

Recently, PartyGaming was set free by US justice dept as any employee and executives of the company can fly in United States without the fear of  prosecution.

Things are looking cool in terms of online gambling laws in United States, as Harrash, US largest land based gambling firm is setting online operations on their local soil and even hired Mitch Garber, former boss of PartyGaming.