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It is a solid bill which, if enacted and all its particulars successfully implemented, will put back to work many, many unemployed trades people living in this city as well as generating more tax dollars for the state to return to the cities and towns.
Now the bill moves on to the senate, where it will likely be refined but passed in the end, when everything is said and done.
Casino gambling and the possibility of slot machines for the state’s remaining four tracks are a good idea, financed entirely by private capital.
This is the way to go.
:dirol
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:dirol
France passes bill to end state monopoly on online gambling
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Opponents argue that New Hampshire’s economy isn’t as weak as in other states and as the country’s economy improves, New Hampshire will be one of the first states to recover. They don’t see how introducing online gambling is a necessity and feel that this move won’t aid the economy but instead will foster a negative effect.
What’s surprising here is that Lynch has been opposed to the online gambling issue for so long and has always campaigned against gambling during legislative sessions. He now feels online gambling would help revive New Hampshire’s local economy to the extent that he has planned to introduce a state-wide campaign which includes a variety of video gambling casinos.
According to his spokesman, Colin Manning, in order to raise revenues there would have to be a taxation structure in place since one does not currently exist.
Lynch isn’t alone in the fight to regulate online gambling and there are many pieces of legislation still lingering in congressional red tape.
The question now is how long will it take for these bills to be approved?
And here's an even bigger question: When was the last time you checked out Bodog's online casino? Now there's some serious online gambling action.
:dance:
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Governor John Lynch has introduced a proposal which would bring several online gambling options to the state of New Hampshire. Lynch, a once strong opponent of online gambling, is now pulling out all the stops in his efforts to revive the state’s economy and introduce new revenue streams.
Opponents argue that New Hampshire’s economy isn’t as weak as in other states and as the country’s economy improves, New Hampshire will be one of the first states to recover. They don’t see how introducing online gambling is a necessity and feel that this move won’t aid the economy but instead will foster a negative effect.
What’s surprising here is that Lynch has been opposed to the online gambling issue for so long and has always campaigned against gambling during legislative sessions. He now feels online gambling would help revive New Hampshire’s local economy to the extent that he has planned to introduce a state-wide campaign which includes a variety of video gambling casinos.
According to his spokesman, Colin Manning, in order to raise revenues there would have to be a taxation structure in place since one does not currently exist.
Lynch isn’t alone in the fight to regulate online gambling and there are many pieces of legislation still lingering in congressional red tape.
The question now is how long will it take for these bills to be approved?
And here's an even bigger question: When was the last time you checked out Bodog's online casino? Now there's some serious online gambling action.
:dance:
oh and Michigan also tacks on ridiculous fees on drivers who do things like drive w/o insurance (will cost u near $2000) or driving on a suspended (another $2-3k in fees) these fees don't include your fine that you get that goes to the county in which you were ticketed in.
living in MI can be very expensive if u drive and/or smoke... example a pack of basics at a gas station now cost on average $5.85 a pack😡
here is a tid bit i got off MI's website...
What is Driver Responsibility?
Public Act 165 of 2003, known as the Driver Responsibility Law, took effect October 1, 2003. This law was amended by Public Act 52 of 2004 and Public Act 460 of 2008.
Its purpose is to encourage traffic safety by deterring potentially dangerous driving behavior. Other states, including New Jersey and Texas, have implemented similar laws. Michigan's Driver Responsibility Law calls for a monetary assessment for drivers who:
*
Are convicted of specific qualifying offenses, or
*
Accumulate seven or more qualifying points on their driving records
Revenues collected from Driver Responsibility Fees go to the state's General Fund, with collections in excess of $65 million (up to $3.5 million) being directed to a newly created Fire Protection Fund. The State of Michigan has begun notifying affected individuals of their payment obligations for violations of the Driver Responsibility Law, through correspondence from the Michigan Department of Treasury.
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I don't think this will work, but kudos to someone trying to raise $$ for their state and not jumping on gasoline and cigarettes taxes like Michigan does.
oh and Michigan also tacks on ridiculous fees on drivers who do things like drive w/o insurance (will cost u near $2000) or driving on a suspended (another $2-3k in fees) these fees don't include your fine that you get that goes to the county in which you were ticketed in.
living in MI can be very expensive if u drive and/or smoke... example a pack of basics at a gas station now cost on average $5.85 a pack😡
here is a tid bit i got off MI's website...
What is Driver Responsibility?
Public Act 165 of 2003, known as the Driver Responsibility Law, took effect October 1, 2003. This law was amended by Public Act 52 of 2004 and Public Act 460 of 2008.
Its purpose is to encourage traffic safety by deterring potentially dangerous driving behavior. Other states, including New Jersey and Texas, have implemented similar laws. Michigan's Driver Responsibility Law calls for a monetary assessment for drivers who:
*
Are convicted of specific qualifying offenses, or
*
Accumulate seven or more qualifying points on their driving records
Revenues collected from Driver Responsibility Fees go to the state's General Fund, with collections in excess of $65 million (up to $3.5 million) being directed to a newly created Fire Protection Fund. The State of Michigan has begun notifying affected individuals of their payment obligations for violations of the Driver Responsibility Law, through correspondence from the Michigan Department of Treasury.
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Belgium gamblers are set to be affected by new gaming legislation that was recently approved by the nation’s Chamber Of Representatives.
:thumbsup
The new legislation is due to come into force by the end of 2010 at the latest and will institute a licensing and regulation scheme on all online and land-based poker and sportsbetting activities while not affecting lotteries.
The Belgian Gaming Commission will be in charge of licensing and regulating all online gambling in the country while the national lottery will not be affected and remain as a monopoly of the state.
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The House Committee on Financial Services is due to debate the Barney Frank (D-Mass.): the Reasonable Prudence in Regulation Act (H.R 2266) and Internet Gambling Regulation, Consumer Protection and Enforcement Act of 2009 (H.R. 2267).
If passed the first would delay the implementation of the Unlawful Internet Gambling Enforcement Act, which is set to come into force on June 1st, by a year. The second is a bill that would regulate and legalize online gambling and if passed, would in effect nullify the UIGEA. The UIGEA tells financial institutions not to conduct business related to online gambling. It means that banks would have to screen new commercial customers and reject applicants who plan to operate as an “illegal gambling entity.”
It is a move that has been welcomed by Michael Waxman, spokesperson of the Safe and Secure Internet Gambling Initiative who has said:
“This hearing will provide further evidence that UIGEA is a poorly-crafted law that simply does not work. A more common sense approach to protect Americans is required. We expect this hearing to provide further impetus for the House Financial Services Committee and Congress to address this issue and move forward Chairman Frank’s regulatory bill.”
UIGEA has long been criticized because it is considered vague, ambitious and difficult to police. Partly because of this the rules for putting the UIGEA into place have already been delayed once by the Treasury Department and the Federal Reserve System. It was originally to come into force in December last year and was instead pushed back to June of this year. However, reports have said that another delay will not take place, unless there is intervention by Congress.
Frank's goal is to have legislators overturn the UIGEA and set up regulated internet gambling in the United States. His party currently has a majority in Congress so now could be the time for his bills.
The hearing is scheduled for 10 a.m. on Friday, in the Rayburn House Office Building in Washington D.C.
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Congress is set to hear two bills that will affect the future of online casinos and poker.
The House Committee on Financial Services is due to debate the Barney Frank (D-Mass.): the Reasonable Prudence in Regulation Act (H.R 2266) and Internet Gambling Regulation, Consumer Protection and Enforcement Act of 2009 (H.R. 2267).
If passed the first would delay the implementation of the Unlawful Internet Gambling Enforcement Act, which is set to come into force on June 1st, by a year. The second is a bill that would regulate and legalize online gambling and if passed, would in effect nullify the UIGEA. The UIGEA tells financial institutions not to conduct business related to online gambling. It means that banks would have to screen new commercial customers and reject applicants who plan to operate as an “illegal gambling entity.”
It is a move that has been welcomed by Michael Waxman, spokesperson of the Safe and Secure Internet Gambling Initiative who has said:
“This hearing will provide further evidence that UIGEA is a poorly-crafted law that simply does not work. A more common sense approach to protect Americans is required. We expect this hearing to provide further impetus for the House Financial Services Committee and Congress to address this issue and move forward Chairman Frank’s regulatory bill.”
UIGEA has long been criticized because it is considered vague, ambitious and difficult to police. Partly because of this the rules for putting the UIGEA into place have already been delayed once by the Treasury Department and the Federal Reserve System. It was originally to come into force in December last year and was instead pushed back to June of this year. However, reports have said that another delay will not take place, unless there is intervention by Congress.
Frank's goal is to have legislators overturn the UIGEA and set up regulated internet gambling in the United States. His party currently has a majority in Congress so now could be the time for his bills.
The hearing is scheduled for 10 a.m. on Friday, in the Rayburn House Office Building in Washington D.C.
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Thanks!
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As you all know, PPC went under. And with it, they took lots of folks money. Many registered for transfers to Feltstars or asked for payouts. Has ANYONE actually gotten paid? Please respond with any and all information about successful payouts. They owe me $$$$.
Thanks!
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Congress is set to hear two bills that will affect the future of online casinos and poker.
The House Committee on Financial Services is due to debate the Barney Frank (D-Mass.): the Reasonable Prudence in Regulation Act (H.R 2266) and Internet Gambling Regulation, Consumer Protection and Enforcement Act of 2009 (H.R. 2267).
If passed the first would delay the implementation of the Unlawful Internet Gambling Enforcement Act, which is set to come into force on June 1st, by a year. The second is a bill that would regulate and legalize online gambling and if passed, would in effect nullify the UIGEA. The UIGEA tells financial institutions not to conduct business related to online gambling. It means that banks would have to screen new commercial customers and reject applicants who plan to operate as an “illegal gambling entity.”
It is a move that has been welcomed by Michael Waxman, spokesperson of the Safe and Secure Internet Gambling Initiative who has said:
“This hearing will provide further evidence that UIGEA is a poorly-crafted law that simply does not work. A more common sense approach to protect Americans is required. We expect this hearing to provide further impetus for the House Financial Services Committee and Congress to address this issue and move forward Chairman Frank’s regulatory bill.”
UIGEA has long been criticized because it is considered vague, ambitious and difficult to police. Partly because of this the rules for putting the UIGEA into place have already been delayed once by the Treasury Department and the Federal Reserve System. It was originally to come into force in December last year and was instead pushed back to June of this year. However, reports have said that another delay will not take place, unless there is intervention by Congress.
Frank's goal is to have legislators overturn the UIGEA and set up regulated internet gambling in the United States. His party currently has a majority in Congress so now could be the time for his bills.
The hearing is scheduled for 10 a.m. on Friday, in the Rayburn House Office Building in Washington D.C.
The spokesman said that the postponment was due to overscheduling on the chairman's diary. "We had a previously scheduled event in Massachusetts,” he said, adding that a new date and time for the Washington hearing would be advised in due course.
In addition to being author of H.R. 2266, Reasonable Prudence in Regulation Act and H.R. 2267, and the Internet Gambling Regulation, Consumer Protection, and Enforcement Act-Governmental Perspectives, which were due for discussion but not markup , Congressman Frank is chairman of the Committee.
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:dirol
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The House passed a bill late yesterday to allow gambling in Massachusetts with two resort casinos and up to 3,000 slot machines in the state.
The final vote was 120-37, giving Speaker Robert DeLeo more than a two-thirds majority, which the governor couldn't veto. :thumbsup
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Australians spent about $790 million playing poker and other casino games through offshore websites in 2008 - and the global market is set to almost double by 2012.
The estimate gives weight to calls for Australia to rethink its prohibition of online gambling, the report by international accounting giant KPMG says.
:dirol
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:dirol
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The company has released a report into the global growth of online gaming, which cites figures from consultants H2 Gambling Capital suggesting the global market will grow about 42 per cent to $32 billion by 2012 from 2008 levels.
No data was available on the projected growth of Australian online gambling alone. It is not expected to be as high as 42 per cent, but is believed to be growing quickly.
The Productivity Commission says Australians spent $790 million on online gambling through overseas sites in 2008.
:dirol
The bill, which was passed by a parliamentary majority of 299 votes to 223, is expected to be in effect by the World Cup in South Africa starting in June.
:dirol