BUSH to Pass Law to PREVENT Internet GAMBLING - GoFuckYourself.com

jonesy · 10-02-2006, 12:42 PM

http://www.breitbart.com/news/2006/1....nt5b8tr6.html

US President George W. Bush this week is expected to sign a bill making it harder to place bets on the Internet, a practice which already is illegal in the United States.

Bush was expected to act quickly after Congress approved the Unlawful Internet Gambling Enforcement Act making it illegal for financial institutions and credit card companies to process payments to settle Internet bets. It also created stiff penalties for online wagers.

Billions of dollars are wagered online each year and the United States is considered the biggest market.

"It is extraordinary how many American families have been touched by large losses from Internet gambling," said US Representative Jim Leach, the bill's main sponsor in the House, in a statement after its passage early Saturday.

The bill's chief Senate sponsor was conservative Republican Jon Kyl, who, like Leach, has said he believed Internet gambling was a moral threat. He has called online betting as the Internet version of crack cocaine.

"Gambling can be highly addictive, especially when its done over an unregulated environment such as the Internet" he said this year.

"If Congress had not acted, gamblers would soon be able to place bets not just from home computers, but from their cell phones while they drive home from work or their Blackberries as they wait in line at the movies," Leach said.

The US Treasury Department and the Federal Reserve Board will jointly develop implementing rules for the new law, while financial institutions have nine months to incorporate its provision.

Leach cited research which showed that young people who tend to spend hours of leisure time on the Internet, are particularly vulnerable.

A 2005 survey by the University of Pennsylvania's Annenberg Public Policy Center found that 26 percent of male college students gamble in online card games at least once a month, while nearly 10 percent of all college students gambled online at some point last year.

"Never has it been so easy to lose so much money so quickly at such a young age. The casino is in effect brought to the home, office and college dorm.

"Children may play without verification, and betting with a credit card can undercut a players perception of the value of cash, which too easily leads to bankruptcy and crime," Leach said.

Experts said the vast majority of bettors are placing wagers on poker.

"Everyone loses if this industry continues its remarkable growth trends," Leach said.

Republicans tucked the measure into a bill aimed at enhancing port security, which passed early Saturday.

Nookster · 10-02-2006, 12:58 PM

ouch! That sucks for me.

Webby · 10-02-2006, 01:03 PM

Mmmm... this is getting interesting and hotting up

... And heading straight on course for clashing with a World Trade Organization judgement already made last year and where Canada, Antigua, UK and a few other countries already won an action against the US govt for basically "restrictive trade practices" and where the WTO is now considering sanctions against the US.

pornguy · 10-02-2006, 01:03 PM

God yes. Lets stop the internet gambeling and the porn, but that shooting that took place today, and the one last week is ok.

we dont need to try and figure out what happened, and how to stop that kind of stuff.

TheB · 10-02-2006, 01:03 PM

Internet gambling is going to become forbidden and it is right now recieving lots of free publicity in the main stream media which means it's going to become more popular than ever before.

madawgz · 10-02-2006, 01:14 PM

"Gambling can be highly addictive, especially when its done over an unregulated environment such as the Internet" he said this year.

what a load of bullshit, they run casino's too.......fucking idiots

chris01282 · 10-02-2006, 01:32 PM

someone should pass a law against Bush...

scotty2hotty1111 · 10-02-2006, 01:34 PM

Quote:

Originally Posted by chris01282

someone should pass a law against Bush...

Carrie · 10-02-2006, 01:38 PM

Chris it wasn't Bush. The congressmen put this through and the congressmen voted for it.
They really had no choice about voting for it, as it was stuck onto a port security bill that would've been surefire political death to vote against.
However, submitting the bill in the first place was just more frigging legislating morality... and THAT should be outlawed.
Tacking bills onto other bills should also be outlawed.

KRL · 10-02-2006, 01:45 PM

Blame it on the US based casino operators. They wanted to get rid of the offshore competition sucking off all their gambling customers.

You think congress or the prez just wakes up one day and says let's ban online gaming? It's all from lobbyists repping Vegas, AC, and other gaming interests who have been pushing hard for several years and donating money to the Republicans.

Michaelious · 10-02-2006, 01:48 PM

Yeah i just started a job working in shares, and some of these companies lost about about half their share points in about 6 hours.

emjay · 10-02-2006, 01:48 PM

and this on the day that Harrah's Entertainment, the world's biggest casino operator, has received a $15bn takeover offer from two private equity firms.

k0nr4d · 10-02-2006, 01:48 PM

the guy who came up wiht this stupid bill probably lost some money on partypoker and is sore...

=^..^= · 10-02-2006, 02:10 PM

Quote:

Originally Posted by KRL

Blame it on the US based casino operators. They wanted to get rid of the offshore competition sucking off all their gambling customers.

You think congress or the prez just wakes up one day and says let's ban online gaming? It's all from lobbyists repping Vegas, AC, and other gaming interests who have been pushing hard for several years and donating money to the Republicans.

BINGO!

^lame joke

juz · 10-02-2006, 02:18 PM

Its called pork and both parties do it, each bill should be it's own seperate vote with no non related attachments. but this never happen because the fatcats in Washington make too much $$$ of this type of legislation.
But what is their excuse for the behavior?
It would take up too much time for vote on each bill independantly, see a congressmans life is hard. They make 250k+ a year and only work 6 months out of the year. What do they do with the other 6 months out of the year they arent in session? FUNDRAISE!!

We need line them ALL up and shoot them so we can start over

fris · 10-02-2006, 08:05 PM

bush just needs to add a tax for online gambling, only reason they do it cause the govt make any money off it.

TheJimmy · 10-02-2006, 08:12 PM

Quote:

Originally Posted by KRL

Blame it on the US based casino operators. They wanted to get rid of the offshore competition sucking off all their gambling customers.

You think congress or the prez just wakes up one day and says let's ban online gaming? It's all from lobbyists repping Vegas, AC, and other gaming interests who have been pushing hard for several years and donating money to the Republicans.

what he said...

marketsmart · 10-02-2006, 08:51 PM

this is so fucked up, they just want to tax everyone...

10-02-2006, 12:42 PM	#1
jonesy Confirmed User Join Date: Jan 2003 Posts: 6,688	BUSH to Pass Law to PREVENT Internet GAMBLING http://www.breitbart.com/news/2006/1....nt5b8tr6.html US President George W. Bush this week is expected to sign a bill making it harder to place bets on the Internet, a practice which already is illegal in the United States. Bush was expected to act quickly after Congress approved the Unlawful Internet Gambling Enforcement Act making it illegal for financial institutions and credit card companies to process payments to settle Internet bets. It also created stiff penalties for online wagers. Billions of dollars are wagered online each year and the United States is considered the biggest market. "It is extraordinary how many American families have been touched by large losses from Internet gambling," said US Representative Jim Leach, the bill's main sponsor in the House, in a statement after its passage early Saturday. The bill's chief Senate sponsor was conservative Republican Jon Kyl, who, like Leach, has said he believed Internet gambling was a moral threat. He has called online betting as the Internet version of crack cocaine. "Gambling can be highly addictive, especially when its done over an unregulated environment such as the Internet" he said this year. "If Congress had not acted, gamblers would soon be able to place bets not just from home computers, but from their cell phones while they drive home from work or their Blackberries as they wait in line at the movies," Leach said. The US Treasury Department and the Federal Reserve Board will jointly develop implementing rules for the new law, while financial institutions have nine months to incorporate its provision. Leach cited research which showed that young people who tend to spend hours of leisure time on the Internet, are particularly vulnerable. A 2005 survey by the University of Pennsylvania's Annenberg Public Policy Center found that 26 percent of male college students gamble in online card games at least once a month, while nearly 10 percent of all college students gambled online at some point last year. "Never has it been so easy to lose so much money so quickly at such a young age. The casino is in effect brought to the home, office and college dorm. "Children may play without verification, and betting with a credit card can undercut a players perception of the value of cash, which too easily leads to bankruptcy and crime," Leach said. Experts said the vast majority of bettors are placing wagers on poker. "Everyone loses if this industry continues its remarkable growth trends," Leach said. Republicans tucked the measure into a bill aimed at enhancing port security, which passed early Saturday. __________________ . Shooting Bikini Girls

10-02-2006, 12:58 PM	#2
Nookster Confirmed IT Professional Industry Role: Join Date: Nov 2005 Location: Hollywood, CA Posts: 3,744	ouch! That sucks for me. __________________ The Best Affiliate Software, Ever.

10-02-2006, 01:03 PM	#3
Webby Too lazy to set a custom title Join Date: Oct 2002 Location: Far far away - as possible Posts: 14,956	Mmmm... this is getting interesting and hotting up ... And heading straight on course for clashing with a World Trade Organization judgement already made last year and where Canada, Antigua, UK and a few other countries already won an action against the US govt for basically "restrictive trade practices" and where the WTO is now considering sanctions against the US. __________________ XXX TLD's - Another mosquito to swat.

10-02-2006, 01:03 PM	#4
pornguy Too lazy to set a custom title Industry Role: Join Date: Mar 2003 Location: Homeless Posts: 62,911	God yes. Lets stop the internet gambeling and the porn, but that shooting that took place today, and the one last week is ok. we dont need to try and figure out what happened, and how to stop that kind of stuff. __________________ PornGuy skype me pornguy_epic AmateurDough The Hottes Shemales online! TChicks.com \| Angeles Cid \| Mariana Cordoba \| MAILERS WELCOME!

10-02-2006, 01:03 PM	#5
TheB Registered User Join Date: Sep 2006 Posts: 70	Internet gambling is going to become forbidden and it is right now recieving lots of free publicity in the main stream media which means it's going to become more popular than ever before. __________________ zOMG There's something in my sig now! ZOMFG Something Else in My Sig

10-02-2006, 01:14 PM	#6
madawgz 8.8.8.8 Industry Role: Join Date: Mar 2006 Location: Noordermarkt Posts: 30,509	"Gambling can be highly addictive, especially when its done over an unregulated environment such as the Internet" he said this year. what a load of bullshit, they run casino's too.......fucking idiots __________________ TAEMDLRMSKRJIXMRLSMRJ.

10-02-2006, 01:32 PM	#7
chris01282 Confirmed User Industry Role: Join Date: Feb 2005 Posts: 370	someone should pass a law against Bush... __________________ [img]http://****************/sig/fhv3_b_468x60.gif[/img]

10-02-2006, 01:38 PM	#9
Carrie Confirmed User Join Date: Apr 2002 Location: Virgin - nee Posts: 3,162	Chris it wasn't Bush. The congressmen put this through and the congressmen voted for it. They really had no choice about voting for it, as it was stuck onto a port security bill that would've been surefire political death to vote against. However, submitting the bill in the first place was just more frigging legislating morality... and THAT should be outlawed. Tacking bills onto other bills should also be outlawed.

10-02-2006, 01:45 PM	#10
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	Blame it on the US based casino operators. They wanted to get rid of the offshore competition sucking off all their gambling customers. You think congress or the prez just wakes up one day and says let's ban online gaming? It's all from lobbyists repping Vegas, AC, and other gaming interests who have been pushing hard for several years and donating money to the Republicans. __________________ If you would like to develop your domains, you can lease inexpensive foreign labor from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION! * * * * * * * * * * * * Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

10-02-2006, 01:48 PM	#11
Michaelious Confirmed User Join Date: Jan 2004 Location: Scotland Posts: 6,720	Yeah i just started a job working in shares, and some of these companies lost about about half their share points in about 6 hours. __________________

10-02-2006, 01:48 PM	#12
emjay Confirmed User Join Date: Dec 2004 Location: Back in Blighty Posts: 4,277	and this on the day that Harrah's Entertainment, the world's biggest casino operator, has received a $15bn takeover offer from two private equity firms. __________________ I Run 500+ WhatsApp Groups. The Zuck Owns Me www.emjayconsultancy.com

10-02-2006, 01:48 PM	#13
k0nr4d Confirmed User Industry Role: Join Date: Aug 2006 Location: Poland Posts: 9,229	the guy who came up wiht this stupid bill probably lost some money on partypoker and is sore... __________________ Mechanical Bunny Media Mechbunny Tube Script \| Mechbunny Webcam Aggregator Script \| Custom Web Development

10-02-2006, 02:18 PM	#15
juz Confirmed User Join Date: May 2006 Location: Van down by the river Posts: 307	Its called pork and both parties do it, each bill should be it's own seperate vote with no non related attachments. but this never happen because the fatcats in Washington make too much $$$ of this type of legislation. But what is their excuse for the behavior? It would take up too much time for vote on each bill independantly, see a congressmans life is hard. They make 250k+ a year and only work 6 months out of the year. What do they do with the other 6 months out of the year they arent in session? FUNDRAISE!! We need line them ALL up and shoot them so we can start over

10-02-2006, 08:05 PM	#16
fris Too lazy to set a custom title Industry Role: Join Date: Aug 2002 Posts: 55,372	bush just needs to add a tax for online gambling, only reason they do it cause the govt make any money off it. __________________ Since 1999: 69 Adult Industry awards for Best Hosting Company and professional excellence. WP Stuff

10-02-2006, 08:51 PM	#18
marketsmart HOMICIDAL TROLL KILLER Industry Role: Join Date: Dec 2004 Location: Sunnybrook Institution for the Criminally Insane Posts: 20,419	this is so fucked up, they just want to tax everyone...