Manne
29893
2009/06/09 10:29
#263508
Manne wrote:
The Poker Players Alliance (PPA) has raised $3 million (£2.1m) in a bid to overturn an Internet gambling ban, or at least allow an exemption to legalise and regulate online poker.
The alliance, chaired by former Sen. Alfonse D'Amato, will use the money to lobby congress in this session. The group has collected the funds from the Interactive Gaming Council and from its poker player members.
The PPA has been an extremely vocal campaigner against the Unlawful Internet Gambling Enforcement Act (UIGEA), which Congress passed at the end of 2006. The law aimed to prohibit financial institutions from accepting payments from credit cards, cheques or electronic fund transfers to online gambling sites.
They face tough competition from the National Football League (NFL), who believe UIGEA has helped to uphold the integrity of the sport. They are likely to lobby to keep the ban in place.
It is estimated that at least half the $16 billion Internet gambling industry, which is largely hosted on overseas sites, is estimated to be fueled by punters in the United States.
:dirol
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2006/12/07
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29893
The alliance, chaired by former Sen. Alfonse D'Amato, will use the money to lobby congress in this session. The group has collected the funds from the Interactive Gaming Council and from its poker player members.
The PPA has been an extremely vocal campaigner against the Unlawful Internet Gambling Enforcement Act (UIGEA), which Congress passed at the end of 2006. The law aimed to prohibit financial institutions from accepting payments from credit cards, cheques or electronic fund transfers to online gambling sites.
They face tough competition from the National Football League (NFL), who believe UIGEA has helped to uphold the integrity of the sport. They are likely to lobby to keep the ban in place.
It is estimated that at least half the $16 billion Internet gambling industry, which is largely hosted on overseas sites, is estimated to be fueled by punters in the United States.
:dirol