Centrebet- closed all US accounts...why? [Archive] - MensTennisForums.com

Centrebet- closed all US accounts...why?

El Legenda
10-03-2006, 06:30 PM
i got this email this morning...:confused:

Centrebet is suspending the accounts of US resident clients from 26th September 2006.



Recent developments in United States law have forced Centrebet to suspend all accounts of clients resident in the United States effective from 26th September 2006.

According to our records you are one of the accounts affected by this change. If you are not resident in the United States, please contact our customer services department so that we can update our records and continue to service your account with the best prices on the widest range of sports.

If we do not hear from you, please be aware that you will be unable to log on to Centrebet from 26th Septemberr 2006. After this date any funds in your account will be settled (if you instruct us to do so).

Please note we are required by law to verify your identity (if we have not already done so) before we can return funds to you.

If at any time you become resident outside the US we will be delighted to re-open your account.

We apologise for any inconvenience,

Horatio Caine
10-03-2006, 06:45 PM
:awww:

betowiec
10-03-2006, 06:50 PM
don't feel bad buddy, i got the same email :-(

El Legenda
10-03-2006, 07:02 PM
what the new law? i never heard anything about it.

Horatio Caine
10-03-2006, 07:03 PM
what the new law? i never heard anything about it.

You been living under a rock mate? :eek:

El Legenda
10-03-2006, 07:05 PM
You been living under a rock mate? :eek:

yes..u can say that :lol: with school and all the exams that i had for past week and half ...i dont even know my name :)

bad gambler
10-03-2006, 08:33 PM
Hate to break it to you Seinfeld....Port Security Bill was passed over the weekend:

Congress Passes Bill to Curb Online Gambling

It Was Snuck Through on the Back of Port Security Bill.

It took a backdoor move by the Senate Majority leader, but the bill designed to curb online gambling in the United States has passed.
Sen. Bill Frist helped get the Internet gambling ban attached to a defense bill designed to boost security at nation’s ports. The bill passed Saturday.

The bill calls for banks to work with the federal government to stop transactions between customers in the U.S. and offshore gaming companies. The bill makes it illegal for banks and credit card companies to make transactions with online gambling companies.

The bill considers online poker a form of gambling. Recently, online poker sites have worked harder to expand its customer base outside the United States, where about 80-percent of online poker players live.

The bill will not target player but does call for prison time for people who run online gaming companies. Banks that don’t comply by the bill may also face punishment. A representive from the Independent Community Bankers of America testified to the House that its members will have trouble enforcing the act.

The United States is moving in an opposite direction concerning this issue compared to the rest of the world. The United Kingdom recently moved to tax and regulate online gambling sites, and the European Union had made it clear that it considers online gambling a product that should be allowed to be freely traded.

-----------------------------------------------------------------
Forget about the gambling aspect - this is why I would never live in the US, when you got politicians making decisions like this :wavey:

bad gambler
10-03-2006, 08:36 PM
However does this cover Neteller I wonder...hmmmmmmmmmmm

coreyschucky
10-03-2006, 08:38 PM
However does this cover Neteller I wonder...hmmmmmmmmmmm

BG - Yes it covers, neteller, paypal presumably western union and a few others. This is a HUGE deal and a major blow. Be careful with the books your in right now. Alot of the smaller books might be going out of business due to this. This is a great article we posted at our forum which is a US based forum.

Here it is best summed up by betasia.com

Will Online Gambling be shut out? << Back
Posted: 2006/10/02

An analysis of the Unlawful Internet Gambling Enforcement Act of 2006 and what it means for gamblers around the world.

What does the Act aim to do?

The Act aims to stop anyone handling financial transactions related to online gambling, with a few minor exceptions.

Essentially, it aims to stop banks from allowing customers to send funds to offshore sites and to criminalize those who accept those funds for the purpose of gambling.

The Act is pretty ‘catch all’ in what counts as a financial transaction – it covers credit cards, electronic funds transfers, checks, drafts and ‘proceeds from any other financial transaction’.

It covers all ‘unlawful Internet gambling’ including poker. The Act defines ‘unlawful Internet gambling’ as “to place, receive, or otherwise knowingly transmit a bet or wager by any means which involves the use, at least in part, of the Internet where such bet or wager is unlawful under any applicable Federal or State law in the State in which the bet or wager is initiated, received, or otherwise made.” In other words, unless the gambling is state legislated then it is illegal.

When will it come into force?

Assuming that President Bush does not refuse to sign the Act – which is extremely unlikely – the law will change on his signature.

Financial institutions will then have 270 days to implement the regulations within the Act. Detailed regulations will be drawn up about what measures they must undertake to ensure they are not handling gambling transactions and if they comply with the regulations they will not be prosecuted, even if they inadvertently handle some gambling transactions by mistake. Essentially this means that all gambling transactions will have to be specifically coded as such and automatically blocked if they have that code.

There are likely to be several legal challenges to the Act which may take as long as a year to resolve. Most importantly, it appears this legislation is in direct contravention of the World Trade Organisation rulings against the United States in relation to online gambling. However the US government has hitherto ignored WTO rulings relating to gambling until now and is unlikely to change their stance in the near future.

Who proposed this Act and why?

The Act is based largely on a previous bill proposed by Congressman Jim Leach, (R-Iowa) in the House of Representatives and a similar bill proposed by Senator Jon Kyl (R-Arizona) in 2005. Certain aspects of it – in particular a clarification of the 1961 Wire Act which covers interstate betting by telephone – were dropped at the last minute because of lobbying by ‘real world’ gaming interests.

There are various theories as to why the law was passed now.

Democrats accuse Republicans of pushing the bill to placate its conservative base, particularly the religious right, before the November 7 congressional elections but certain Republicans have been trying to get anti-online gambling legislation passed for nearly a decade.

Others have suggested that the huge growth of online poker and the increasingly aggressive advertising tactics of the big poker sites made legislators eager to crack down on the industry, especially as it pays no tax revenues to the United States.

The arrest of David Carruthers, chief executive of sports betting site BetonSports, on racketeering charges also raised the stakes. The company’s founder, Gary Kaplan, was allegedly linked to criminal gangs in the United States and opponents of online gambling argued that many websites were being used as a front for money laundering and other criminal behaviour. Given that so many of the companies were floated on the London Stock Exchange and audited by the major accountancy firms, this seems a little fanciful but looked plausible to conservative opponents of gambling.

Who does it affect?

The wording of the legislation is aimed at anyone ‘in the business of betting’. This was intended to catch those who operate online gambling sites but it could cover a wider scope than that.

While those drafting the legislation did not intend to criminalize any individual placing a bet or playing poker online the loose wording could, in theory, catch someone who made their living as a professional gambler or poker player. It is unlikely that this would be applied to individuals but it is not impossible that this legislation could be used to prosecute an individual.

The wording suggests that anyone running a site promoting online gambling – whether it is a sports gambling information site, sports betting forum, watchdog site, rakeback or affiliate site – could be considered to be ‘in the business of betting’. This is likely to affect thousands of small gambling websites. The legislation allows for the government to ask sites to remove links to gambling sites and also to ask Internet Service Providers to take the companies offline. Realistically, if the online gambling sites cease to operate then so will these information sites as there will be no affiliate revenue to keep them going.

It is also suggests that ‘skill gaming’ sites will be illegal – under the definition of the Act it definitely appears that playing chess for money online will now be in breach of the law.

Who does it not affect?

The chief winners from the Act are operators of fantasy sport sites. Despite the fact that their activities are very similar to gambling in many ways, there is a specific exemption for fantasy sites. However they may not have their scoring systems based on a team’s performance, team score on the point spread on that game. This means fantasy sports must be based on the statistical performance of a group of players. The fantasy sport operators may also not offer prizes related to the number of entrants into the fantasy pool.

How fantasy sports have managed to get this exemption is something of a mystery and no doubt some online gambling operators will be looking to see if their sites can be changed into fantasy sites.

State lotteries also do well from this legislation. They are now specifically allowed to start online operations and to club together to provide multi-state jackpots on their sites. It also allows them to run 'casino style' games of chance on their websites, akin to the Fixed Odds Betting Terminals in UK betting shops.

What are the penalties for breaking this law?

The Act allows those breaking the law to be imprisoned for up to five years.

What does this mean for the future of online gambling?

At the moment it means that a huge number of investors are a lot poorer and a lot of lawyers are getting paid a ton of money to work out what is and what is not covered by this legislation.

In the long term it may lead to the legalisation and taxation of online gambling in the United States. As America has found in the past with Prohibition, it is extremely unlikely that the passing of this legislation will stop sports gambling by their citizens. ‘Locals’, as bookies who operate out of bars and cigar shops across America are known, are throughout the states and can expect to see a boom in their business in the coming months. Laws that merely shift a problem rather than eliminate it are historically neither popular or long lasting.

There may also be a large number of recreational poker players who will be extremely displeased by having their online poker pastime eliminated by legislators. Whether these players will have any political clout is questionable but there will be many relatively educated and wealthy people who wonder why their government feels it necessary to remove access to something that for the vast majority of people has no negative effects. This is especially true when so many real world poker rooms (and casinos, horseracing tracks, lotteries etc) exist across America, suggesting that a different standard is being applied to online gambling versus all other forms of gambling.

The main problem is how or why this Act could be over-turned. This is little political incentive for any politician to try and promote online gambling. The number of people who would specifically vote for an individual because they promoted a bill that allowed them to bet online is minimal. Yet the downside of proposing it is huge – the backlash from the conservative heartland and right wing bloggers would be enormous – and potentially not just damaging to the individual but also to their party. Perhaps the best hope for anyone who wants to see online gambling legalized for the US market is that the federal government will realize the scale of illegal betting within their territorial boundaries and think that taxation and regulation is better than the activity being run and controlled by Mob enterprises.

I don't live in America. Does this affect me?

Perhaps.

Anyone who has a pension fund that invests in the London stock market has probably already lost money following the passing of the Act. Shares plunged on the news of the act passing and as most pension funds which track the FTSE 100 index had shares in Party Gaming then their pension funds will be poorer because of it.

As a gambler it might just affect you. Profits from American bettors have been the main driver of the online betting industry in the last decade. Without those profits companies will change their behaviour. Also, investors will be less willing to put their money into these companies, meaning that there is less competition in the long run.

For sports bettors this may mean that margins creep up from the present highly competitive level. In theory it could mean that the non-American markets will become more competitive as everyone seeks to find new customers in these territories but initial reaction in the industry suggests the Act will hurt the global gaming industry in every territory.

If you play poker you will almost certainly find there is far less 'value' in the games you play online. Fewer players will probably make the games more competitive and tougher to beat. Companies will be making lower profits and will be less willing to give money back to players in the form of rakeback and bonuses.

Courtesy of BetAsia.com.

bad gambler
10-03-2006, 08:40 PM
Wow.....

Thanks for that corey - I mean how much of Netellers business in with gambling sites? I would imagine it is a fair chunk.

coreyschucky
10-03-2006, 08:44 PM
Wow.....

Thanks for that corey - I mean how much of Netellers business in with gambling sites? I would imagine it is a fair chunk.

Neteller's stock plummeted yesterday with news of this along with european based publically traded sportsbooks. I don't believe it will be affected so much b/c the company is not based in the US. The problem with sites like neteller, paypal and all books is that a large chunk of the business comes from US bettors and they will now lose the percentage. From what I've been told expect small books to close up shop and alot of other books to consolidate and merge. Poker sites will certainly be the first to go. Major books like Pinnacle and 5Dimes won't be affected as much but there will certainly be some major shockwaves.

Personally I've taken 1/2 of my money out of 5Dimes and will be taking the other half out this evening. I don't want to get caught up in all this mess. Just not worth it.

bad gambler
10-03-2006, 08:48 PM
Neteller's stock plummeted yesterday with news of this along with european based publically traded sportsbooks. I don't believe it will be affected so much b/c the company is not based in the US. The problem with sites like neteller, paypal and all books is that a large chunk of the business comes from US bettors and they will now lose the percentage. From what I've been told expect small books to close up shop and alot of other books to consolidate and merge. Poker sites will certainly be the first to go. Major books like Pinnacle and 5Dimes won't be affected as much but there will certainly be some major shockwaves.

For sure - I can imangine a lot of betting houses will close as a result of this.


Personally I've taken 1/2 of my money out of 5Dimes and will be taking the other half out this evening. I don't want to get caught up in all this mess. Just not worth it.

Smart move - end of the day like you said it is just not worth the trouble

coreyschucky
10-03-2006, 08:55 PM
I believe the number was somewhere like 50% of action for all online sportsbooks comes from the US. You will also see sports forums close as well due to the revenue stream they are no longer allowed to access as under the new law those sites become illegal. This is one big mess. The big books will find a loophole in this. Most feel that depositing my certified check will be ok and withdrawing by checks will be fine but still it's a bit of a hassle. According to some reports alot of the sportsbooks are trying to get there governments to go to the WTO on this law but the US has ignored the WTO in these situations in the past. It's the fucking religious right who has alot of the voting power causing this whole mess. The Republicans are desperate after there numbers have dropped off and they feel by appeasing the religous right they can in turn get there senators and congressman voted in this November.

El Legenda
10-03-2006, 08:56 PM
does this affect Bodog poker room? :sad: they are based in Costa Rica
because i dont feel like driving to indian reservation casino in Okhahoma to play poker :lol:

coreyschucky
10-03-2006, 09:00 PM
does this affect Bodog poker room? :sad: they are based in Costa Rica
because i dont feel like driving to indian reservation casino in Okhahoma to play poker :lol:


Bodog currently say's business as usual. According to them they struck deals with all forms of depositing and withdrawing and they don't believe they are affected by the legislation. They say the US government can't access there US client base. I would contact them on there own.

El Legenda
10-03-2006, 09:07 PM
Bodog currently say's business as usual. According to them they struck deals with all forms of depositing and withdrawing and they don't believe they are affected by the legislation. They say the US government can't access there US client base. I would contact them on there own.

Ill have to call em.....they have head ups texas hold...i love it...i cant live without it :lol: easy money

coreyschucky
10-03-2006, 09:09 PM
Ill have to call em.....they have head ups texas hold...i love it...i cant live without it :lol: easy money

Be careful with poker sites in the future. Alot of the daily players will leave due to the law and more professional players will be there now.

El Legenda
10-03-2006, 09:12 PM
Be careful with poker sites in the future. Alot of the daily players will leave due to the law and more professional players will be there now.

i dont think pro players want to play with me...i usually have about 1500-2000on there....they are looking for 10k+ players :lol:
but ill keep heads up :yeah:

partygirl
10-03-2006, 09:16 PM
glad the US government has got all this figured out:rolleyes:

bad gambler
10-03-2006, 09:20 PM
I believe the number was somewhere like 50% of action for all online sportsbooks comes from the US. You will also see sports forums close as well due to the revenue stream they are no longer allowed to access as under the new law those sites become illegal. This is one big mess. The big books will find a loophole in this. Most feel that depositing my certified check will be ok and withdrawing by checks will be fine but still it's a bit of a hassle. According to some reports alot of the sportsbooks are trying to get there governments to go to the WTO on this law but the US has ignored the WTO in these situations in the past. It's the fucking religious right who has alot of the voting power causing this whole mess. The Republicans are desperate after there numbers have dropped off and they feel by appeasing the religous right they can in turn get there senators and congressman voted in this November.


I'm a member of a US based fixed forum and I know the admins on the site are extremely concerned to the fact that you alluded to - most of the revenue from the site actually comes in the form of sponsorship from other sportsbooks, even moreso than client money

Interesting times ahead....

coreyschucky
10-03-2006, 09:26 PM
I'm a member of a US based fixed forum and I know the admins on the site are extremely concerned to the fact that you alluded to - most of the revenue from the site actually comes in the form of sponsorship from other sportsbooks, even moreso than client money

Interesting times ahead....

BG - Most likely will be closed unless they are bought out by someone. I work over at UltimateCapper and the owner has already been talking to a Canadian company about them buying them out. Otherwise they'll either have to have services sponsor them or sell picks on the main page. Most of these ideas won't generate enough money. At this point sports gambling forums have all but one choice and that's to sell there site to a company based outside the US. Otherwise the site is illegal once Bush signs the deal.

Thrasher
10-03-2006, 09:48 PM
You can drink yourself into a hole, smoke cigarettes until your lungs turn black, eat 100 cheesburgers a day until your heart explodes, but god forbid if you want to throw a few bucks down on your favourite sporting event. I am so sick of this shit! I guess the US government knows what is best for everyone. Rant over.:banghead: :bs:

coreyschucky
10-03-2006, 09:59 PM
Dear customer,

The new law that has passed is unenforceable. Banks have no possible way of knowing or tracking what transactions are for gaming purposes. The law was tossed together at the last minute by the US Congress. I equate this law to the US government telling you that you are no longer allowed use your favorite sexual position in the comfort of your own home. They have no way of enforcing that either. It will be many years (if ever) that anyone will even notice this law is on the books in the US.

Sincerely,
Tony
5Dimes Operations Manager

coreyschucky
10-03-2006, 11:02 PM
Willhill, SunPoker and InterPoker have all closed there doors to US customers. They will no longer be taking on new US customers and existing customers accounts will be refunded by check and closed.

good_gambler
10-04-2006, 05:55 AM
:scared:

Okay... I'm too lazy you could say to read everything written in this thread but I have a question (possibly a silly one) :lol:

Is there a possibilty that Australian Centrebet Accounts will be closed too?

It is my only bookie. :toothy:

El Legenda
10-04-2006, 05:58 AM
:scared:

Okay... I'm too lazy you could say to read everything written in this thread but I have a question (possibly a silly one) :lol:

Is there a possibilty that Australian Centrebet Accounts will be closed too?

It is my only bookie. :toothy:

No...its only the USA...new :bs: law :mad:

Mr Flamboyant
10-04-2006, 06:17 AM
So what major online books are based in the US .. ? Will this limit US based punters from betting on sports / events outside America?

g35-great
10-04-2006, 01:17 PM
bet365

We regret to inform you that due to recent legal developments, we no longer accept customers who are resident in the United States of America. Please accept our sincere apologies for any inconvenience this may cause.

If you wish to withdraw your funds, please contact us and one of our highly trained customer service team will be available to help. Please note, any unsettled sports bets will be settled in the normal way.


well i guess thats the end for me :awww: mother fuckers :mad:

now i have to figure out if i can ask my friends in uk to open an account and i can access it from here. does anyone know if they are going to do ip check or not?

good_gambler
10-04-2006, 01:27 PM
So basically noone in USA can bet on anything anymore?? :confused:

Straby
10-04-2006, 01:39 PM
As a Dutch citizen, all this stuff sounds very common to me. By law I am not allowed to bet with foreign bookies on the internet, the Dutch government just want me to bet with the only legal book in Holland; Toto (sponsored by that same government). I've been lucky some books allow me and ignore the stupid Dutch law (Centrebet/Canbet/Betfair/Unibet).
Hope all you Americans find a reliable book who is willing to accept you, because I know how frustrating it can be when you are not able to join some very good books (Pinny for example for me).

bad gambler
10-04-2006, 01:41 PM
So basically noone in USA can bet on anything anymore?? :confused:

Not entirely true, but it becomes a huge hassle and nuisance

good_gambler
10-04-2006, 02:15 PM
BG, I'm assuming you mean the American folk can register for a bookie overseas as the poster before referred to??


So... for Aussies who have accounts in USA bookies like Bet365 or whatever... have their accounts been closed too?

Also can Americans walk into a TAB (example) and still bet?

EDIT: I read most of the thread now and that last question was just stupid. :o :retard:

Basically all USA books have been shut down right?
So everyone, everywhere, who was a registered client will those have had their account closed??

This is just fucking ridiculous. :rolleyes:

g35-great
10-04-2006, 11:51 PM
well i guess thats the end for me :awww: mother fuckers :mad:

now i have to figure out if i can ask my friends in uk to open an account and i can access it from here. does anyone know if they are going to do ip check or not?

or maybe not :devil: pinnacle and pointbet still allows US people but u cannot change the soccer handicap line in pinnacle which sucks though :o still something is better than nothing:rolleyes:

Lebowski
10-05-2006, 12:39 AM
Why are so many non Americans following this? If this was happening in South America, I wouldn't being give a rats ass about this story. while it is ridiculous its still just gambling.... now matter how mainstream it is on the internet its still looked as wrong in american society.

RaghuBhai
10-05-2006, 01:10 AM
all this because of these fuckers................one is from iowa and the other from arizona...both republicans proposed the bill//// one of the few interesting things that could be done in US has been closed....fucking ass wipes..........


http://online.logcabin.org/assets/images/Leach-Jim.jpg

http://www.azgop.org/images/AZ/jonkylpic.gif

SwiSha
10-05-2006, 01:30 AM
Why are so many non Americans following this? If this was happening in South America, I wouldn't being give a rats ass about this story.

well thats the difference between most americans and the rest of the world ..we do actually care what is going on outside of our borders

RaghuBhai
10-05-2006, 02:24 AM
well thats the difference between most americans and the rest of the world ..we do actually care what is going on outside ouf out borders

well said.........:clap2::clap2::clap2:

bad gambler
10-05-2006, 02:41 AM
well thats the difference between most americans and the rest of the world ..we do actually care what is going on outside ouf out borders

Best post on this board :worship:

good_gambler
10-05-2006, 02:55 AM
well thats the difference between most americans and the rest of the world ..we do actually care what is going on outside ouf out borders

:haha:

:lol:

coreyschucky
10-05-2006, 06:54 PM
So basically noone in USA can bet on anything anymore?? :confused:

It's always been illegal to bet in the US online but the gov't has never tried to go after the individual. This law that is being passed is to prevent financial institutions like paypal, neteller and firepay from allowing americans to transfer money from there bank account then to one of those sites onto a sportsbook then the reverse. Americans will still be able to wager online as the law doesn't go after the individuals but goes after the financial sector. What this does is make it harder to deposit and withdraw money. Banks still won't care where the money is coming from when you deposit a check. Most checks that come from sportsbooks come from reputable Canadian banks in which the US bank won't care to check the reasoning behind it. What you will see happen is alot of the smaller books and poker sites close up shop or merge. Big books like Pinnacle, 5Dimes and Olympic will always stay ahead of the game and won't be affected. We've seen UK sportsbooks already close there doors to US customers. This is most likely due to the relationship between our two countries. I don't forsee them reopening there doors either. Willhill, Bet365, Centrebet, InterPoker & SunPoker have closed there doors to US customers. As soon as the law is passed you will see a bunch more close there doors. Overall it doesn't affect the average gambler in the US but it does make things a bit harder.

coreyschucky
10-05-2006, 06:55 PM
BG, I'm assuming you mean the American folk can register for a bookie overseas as the poster before referred to??


So... for Aussies who have accounts in USA bookies like Bet365 or whatever... have their accounts been closed too?

Also can Americans walk into a TAB (example) and still bet?

EDIT: I read most of the thread now and that last question was just stupid. :o :retard:

Basically all USA books have been shut down right?
So everyone, everywhere, who was a registered client will those have had their account closed??

This is just fucking ridiculous. :rolleyes:

Good Gambler - There are no US books. It's illegal here in the US. All books are based outside the United States. A large portion are based in the Carribean isles. Aussies are not affected by any of this. The only one's that have been affected have been Americans.

good_gambler
10-06-2006, 04:03 AM
Thanks coreyschucky. :yeah:

El Legenda
10-08-2006, 03:16 AM
Hey...my parents have a house and bank account in Croatia (Bank of Zagreb) i can use that to bet right? i can use that address to register and that account...it doesnt matter when i do it from.... :lol: watch me get arrested on monday :scared: ;)

sports freak
10-08-2006, 06:23 AM
well thats the difference between most americans and the rest of the world ..we do actually care what is going on outside of our borders

What a CRACKER :yeah: :haha: :dance: :bowdown: :drink:

sports freak
10-08-2006, 06:26 AM
Best post on this board :worship:

Definetely up there in the HALL of FAME :rolleyes: Is there a prize for the POST of the YEAR :D

bad gambler
10-09-2006, 11:45 AM
Internet Gambling Bill to be Protested in D.C. on Monday


October 8, 2006 - The press will be in Washington D.C. on Monday because it is Columbus Day and while they are filming the day's festivities they will be greeted by protestors to the Internet Gambling Prohibition Bill.

The bill is expected to be signed on Friday the 13th but protestors are requesting that the president reconsider. According to organizer Debbie Richardson, "many things can happen as a result of the protest."

The Port Security Bill is considered to be a highly important piece of legislation that will most definitely be signed by President Bush, Richardson explained to us. She went on to say that Bush is allowed to strip away add on bills to bills he is signing so that they can be sent back to Congress to be debated and voted on as individual bills.

Richardson, who will be in Washington D.C on Sunday in order to set up for Monday's protest, believes it is highly important to voice opinions in Washington before Friday the 13th in order that the president has time to consider the strong opposition to the bill. Richardson also believes it is important to be there on Monday because that is when the press will be there.

"If we don't fight for our rights and our freedom we lose," says Richardson. "We are urging all supporters of freedom to go to Washington to protest the bill that would stop online gaming. Everyone that can possibly go needs to show up and fight for freedom."

Demonstrators will meet in front of the Washington Monument on Monday, October 9th at 9am est. A large turn out is expected.

If you are planning to attend the protest and are unable to make it to the Washington Monument on time, you can meet the protestors in front of the White House on Pennsylvania Ave, Richardson told us.

If you would like more info or need to call to find out where to meet, contact Debbie Richardson by phone: 910-619-0563 or by email: drichardson @ bizec.rr.com.

"Tell your roomies to demonstrate, tell your friends to demonstrate, tell your family to demonstrate. In fact, tell as many people as you can to demonstrate," Richardson says, "if enough people show up to fight for our rights we can make a difference.

"If we let them take this right away from us," she says, "what will be next?"

:rocker2:

callitasicit
10-14-2006, 02:35 PM
You can drink yourself into a hole, smoke cigarettes until your lungs turn black, eat 100 cheesburgers a day until your heart explodes, but god forbid if you want to throw a few bucks down on your favourite sporting event. I am so sick of this shit! I guess the US government knows what is best for everyone. Rant over.:banghead: :bs:

How bloody true eh? Well be thankful you live in Canada!;)

Nitefaery
10-15-2006, 06:06 AM
Dear customer,

The new law that has passed is unenforceable. Banks have no possible way of knowing or tracking what transactions are for gaming purposes. The law was tossed together at the last minute by the US Congress. I equate this law to the US government telling you that you are no longer allowed use your favorite sexual position in the comfort of your own home. They have no way of enforcing that either. It will be many years (if ever) that anyone will even notice this law is on the books in the US.

Sincerely,
Tony
5Dimes Operations Manager

DAMN FUCKIN STRAIGHT 5DIMES! That is my book and that's what I love to hear. This won't impact my withdrawls untill a company I do business with tells me it should. Quite frankly, I'm gonna go ahead and be an idiot rather than let these laws scare me. I'm sick of sports gambling getting such a bad look.

happy928
10-20-2006, 04:57 AM
Wow.....

Thanks for that corey - I mean how much of Netellers business in with gambling sites? I would imagine it is a fair chunk.
NETELLER Will Stop Doing Business with Americans
Company Announces Position Change Today

At least poker players have a couple hundred days or so to do business with NETELLER.

The company, which last week let poker players knows that it will continue to do business with Americans despite the pending law changes, has flip-flopped.

In a statement released today, NETELLER said it will honor transactions until the Department of the Treasury figures out how to enforce the Unlawful Internet Gambling Enforcement (UIGE) Act. It has until July 10, 2007, to figure out how it will work with banks to stop transactions from financial institutions that work with Americans from transferring money to gambling sites.

Last week, NETELLER’s executive vice president Bruce Elliot told a gaming conference in Spain that the company would continue working with Americans.

“I don’t think we have a very big problem,” he said.

But today, NETELLER released a statement letting everyone know that it will comply with the UIGE Act when it goes into effect. The statement reads in part:

“NETELLER, a company registered outside the US, will comply with the Act and its related regulations as if it were subject to the Act's jurisdiction. This action is intended to ensure that the Company is able to continue to operate with the support of its principal commercial partners and to protect its shareholders, business partners, employees and reputation.

Various provisions of the Act, including the obligations of financial transaction providers such as NETELLER, remain unclear. The uncertainty should be largely resolved when the Secretary of the Treasury and the Board of Governors of the Federal Reserve System issue the regulations they are required to prescribe within 270 days.”

President George W. Bush signed the UIGE Act into law Friday, Oct. 13, when he put his pen to an Act designed to boost security at the nation’s ports. The UIGE Act was attached to the act for port safety with the help of Senate Majority Leader Bill Frist in the last session before the Senate broke for a long election-year recess. To read a CardPlayer.com article about it, click here.

Click here to visit our complete legislative archives.

NETELLER is a publicly traded company and the Monday after the Senate passed the Port Safety Act, its shares fell from 355 pence to 140 pence. It’s currently trading at 144 pence.

FirePay, NETELLER’s rival in the world of third-party banking companies, made it clear to US customers that it planned to stop doing business with them immediately after the President signed the Act into law. FirePay made this announcement soon after the Senate passed the UIGE Act.

Although the Treasury Department has 270 days, that doesn’t mean it has to use all that time. Regulations can and probably will be in place before the deadline.

NETELLER claims it moved around $7.3 billion in 2005. The company was founded in 1999 and is located in the Isle of Mann with offices in Calgary, London, Hong Kong and San Jose, Costa Rica.

to answer BG's Inquiry about how much NETELLER will be losing/doing business with USA Resdients for last few years....

happy928
10-20-2006, 04:59 AM
They tried to regulate "WAR ON DRUGS"....that workedout GREAT, didn't it?

Don't worry ladies....Those books will open business for us US FOOLS soon enough ;)

its.like.that
10-26-2006, 12:11 AM
all this because of these fuckers................one is from iowa and the other from arizona...both republicans proposed the bill//// one of the few interesting things that could be done in US has been closed....fucking ass wipes..........


http://online.logcabin.org/assets/images/Leach-Jim.jpg

http://www.azgop.org/images/AZ/jonkylpic.gif

Typical Arizonan :rolleyes:

probably lost a few hundred k on the useless Cards over the years :lol:

its.like.that
10-26-2006, 12:13 AM
Hey...my parents have a house and bank account in Croatia (Bank of Zagreb) i can use that to bet right? i can use that address to register and that account...it doesnt matter when i do it from.... :lol: watch me get arrested on monday :scared: ;)

:retard:

can't you read or something?

while physically present in the US, you are not allowed to gamble online.

its.like.that
10-26-2006, 12:15 AM
Good Gambler - There are no US books. It's illegal here in the US. All books are based outside the United States. A large portion are based in the Carribean isles. Aussies are not affected by any of this. The only one's that have been affected have been Americans.

well that's not entirely true.

Centrebet makes a lot of money off stupid rich boys like Seinfeld/Costanza/:retard:

and so without all that extra money to give away, they will have to tighten the screws.

its.like.that
10-26-2006, 12:19 AM
All Americans need is an offshore bank account, and they are good to go.

Using a ***** server IP address may also help prevent being traced back to the US.

El Legenda
10-26-2006, 12:20 AM
well that's not entirely true.

Centrebet makes a lot of money off stupid rich boys like Seinfeld/Costanza/:retard:

and so without all that extra money to give away, they will have to tighten the screws.

im in the + not a lot but i am :ras: but i rarely bet. maybe 5-10 times a month.

bad gambler
10-26-2006, 12:23 AM
All Americans need is an offshore bank account, and they are good to go.

Using a ***** server IP address may also help prevent being traced back to the US.

True, you can easily use a ***** server IP but then you have to appreciate many are not willing to take that risk

Different people with different risk profiles

its.like.that
10-26-2006, 12:23 AM
Also can Americans walk into a TAB (example) and still bet?

Yes.

When Americans come to Australia they can walk into a TAB and bet.

:wavey:

RickDaStick
10-26-2006, 12:36 AM
:retard:

can't you read or something?

while physically present in the US, you are not allowed to gamble online.

All Americans need is an offshore bank account, and they are good to go.

Using a ***** server IP address may also help prevent being traced back to the US.

Make up your mind retard

El Legenda
10-27-2006, 04:50 AM
:haha: Jim the Jackass got OWNED :haha: please report to ivanljubicic from now on :haha: OWNED

its.like.that
10-27-2006, 12:43 PM
Make up your mind retard

What don't you understand Mr Ljubicic monkeybrain? :confused:

I shall summarise what my post said:

-it is illegal to bet while physically present in the US - but it can still be done illegally

-by transferring money to an offshore bank account, then from that bank account to a bookmaker, the US government cannot legally do anything about this.

-some bookmakers may choose to ban any users with an American based IP address who try to place a bet online, so by using a pro-xy server, the bookmakers' server will think you are located elsewhere, and will hence allow you to bet.

its.like.that
10-27-2006, 12:49 PM
:haha: Jim the Jackass got OWNED :haha: please report to ivanljubicic from now on :haha: OWNED

:lol:

Please invite me to the next Ducky-ivanljubicic family reunion, I'm picturing something akin to the Simpsons episode where all Homer's male relatives are standing in a circle while taking turns to clash heads while wearing a saucepan.

;)

tangerine_dream
10-27-2006, 05:33 PM
Britain attacks U.S. online gambling ban
By JANE WARDELL, AP Business Writer
Oct 26, 2006

LONDON - Britain's culture secretary on Friday compared the U.S. crackdown on online gambling to the failed alcohol ban of the Prohibition as she prepared to host an international summit on Internet gambling next week.

Tessa Jowell warned that the U.S. ban on Internet gambling would make unregulated offshore sites the "modern equivalent of speakeasies," illegal bars that opened in 1920s America when alcohol was banned.

U.S. Congress caught the gambling industry by surprise earlier this month when it added to an unrelated bill a provision that would make it illegal for banks and credit-card companies to settle payments for online gambling sites. President Bush signed the law Oct. 14.

The decision closed off the most lucrative region in a market worth $15.5 billion this year in "spend" value — the amount gambling companies win from their clients, or the amount gamblers lose.

Several London-based Internet gambling companies and a handful in Europe and Australia subsequently sold off or shut down their U.S. operations, losing around 80 percent of their combined business in the process.

U.S. officials have declined to participate in Tuesday's gambling summit in London, where lawmakers from 30 countries will discuss ways to regulate the industry, including the protection of minors and keeping the industry free of crime.

Officials from Australia, South Africa and New Zealand, Malta, Costa Rica and Antigua and Barbuda are expected to attend.

Antigua in particular has been engaging in a strong defense of Internet gambling, one of the tiny Caribbean state's few economic success stories.

It argues that the U.S. ban is in direct contravention to a ruling by the World Trade Organization last year that the United States amend some of its legislation to permit Antiguan gambling operations to offer their services to U.S. citizens on a level playing field.

Mark Mendel, who leads Antigua's WTO legal team, said Friday that the summit would put further pressure on the United States to comply with the ruling.

"Ultimately, I think they are going to have to satisfy us," he said. Mendel said online gambling was vital to Antigua, whose only other industry of note is tourism.

Next week's gathering has been months in the planning and officials intended to discuss ways to stop criminals from defrauding online gamblers and to prevent sites being used for money laundering.

However, the new U.S. law is likely to be the focus of talks. Jowell said that regulating sites worked better than prohibition.

"America should have learnt the lessons of Prohibition," she said, noting that legislation that was meant to stop alcohol from causing harm in practice forced otherwise law-abiding customers into the hands of the bootleggers.

Under new British gambling laws, online operators have a "social responsibility" duty written into licenses and policed by the independent Gambling Commission watchdog.

It requires them to work to prevent underage gambling, give prominent warnings about addiction and inform users how much time and money they have spent on the site.

"Broadly speaking we have three choices: you can prohibit, like the U.S., do nothing or regulate, like we have," Jowell said. "I firmly believe we have chosen the path that will do the most to protect children and vulnerable people and keep out crime."

------------------------------------

Experts: Ban won't stop Web gambling
By ADAM GOLDMAN, AP Business Writer
Oct 24, 2006

NEW YORK - Gamblers may look over their shoulder now, but experts say a new Internet gambling ban won't keep bettors from ponying up, just turn them on to overseas payment services out of the law's reach.

"It has put a terrible scare into people," said I. Nelson Rose, who teaches gambling law at Whittier Law School. "But it won't by any means wipe out Internet gambling."

The fright swept through the $12 billion industry on the heels of the recent arrests of two gambling company executives and a new law President George W. Bush signed Oct. 13 that seeks to ban most online gambling and criminalizes funds transfers.

The law has wiped out billions of dollars in shareholder value of British companies, leaving the industry's future in doubt as U.S. lawmakers initially trumpeted they had found a way to halt bets coming from the America.

But serious questions remain about whether the legislation can be effective in stopping U.S. residents from playing poker or betting on sports.

The "Unlawful Internet Gambling Enforcement Act" goes after the money, not the millions of players, which would be nearly impossible to enforce.

It will essentially try to choke off the way Americans fund their gambling habits, hoping to prevent the transfer of dollars to the popular Internet sites.

It's also widely understood that the law has online poker in its gun sights, identifying it as a game of chance — something the poker companies dispute. They believe poker is a game of skill and therefore not subject to the new rules.

But they're fearful nonetheless.

"Their mission is to kill the funding of online poker, and that's what this law does," said Mike Sexton, who hosts the popular World Poker Tour and has won millions as a professional player.

The new law comes amid an explosion in online gambling, fueled by the Texas Hold 'em craze and widespread access to the Internet. In addition, dozens of Web sites have sprouted up that allow any gambler with a credit card to bet on any sport they choose, for any amount of money they want.

Industry experts say there are an estimated 2,000 Internet sites that take bets for sports and poker. American players have fueled Internet gambling, supplying $6 billion of the $12 billion in revenues generated annually.

"The time has been one of rapid growth," said Sebastian Sinclair, president of Christiansen Capital Advisors, a gambling consultant. "This industry was well on its way to becoming mainstream in a great part of the world. Capital was tripping over itself to fund these companies."

The new law gives the U.S. Treasury and Federal Reserve, along with the Attorney General, 270 days to establish policies and procedures.

"The regulations are clearly going to prevent banks from doing electronic fund transfers to gambling sites, but that is no big deal," Rose said.

Clamping down on the banks won't serve as a panacea, Rose said. In some cases, banks simply move the money to payment processors, known as e-wallets. Non-U.S. payment processors such as the widely used Neteller then transfer the money to the Internet gambling sites.

The U.S. government has no authority over processors like Neteller that are operating legally.

Anthony Cabot, a well-known gambling lawyer in Las Vegas, thinks language used in the bill provides a loophole for the payment processors and the U.S. banks that want to be free to do business with them.

"Unless you have some fairly Draconian measures ... the likelihood of stopping payment to them is small," Cabot said.

Much damage has already been done to the offshore sports betting industry without the looming regulations.

British BetOnSports PLC folded after its chief executive was arrested in July by U.S. authorities. David Carruthers faces 22 counts of fraud and racketeering charges and remains under house arrest in the St. Louis area.

London-based Sportingbet's chairman was detained last month in New York on a state fugitive warrant charging him with illegal online gambling. He was eventually freed.

Both arrests sounded serious alarm bells for those running sports wagering sites that take American bets.

The new legislation has already had a dramatic effect. It supposedly clarifies the 1961 Wire Act, explicitly outlawing Internet gambling, including online poker.

It creates new criminal penalties, which have rattled investors and executives — although Rose said it doesn't expand the act, and there's no indication the Justice Department is about to a huge campaign to enforce the law.

Still, the biggest publicly traded names in Internet gambling on the London Stock Exchange and AIM, the exchange's global market for growing companies, could not afford to flout American law. When news broke earlier this month that Congress has passed the bill, Internet gambling companies traded on those exchanges lost a combined $7 billion in market capitalization.

PartyGaming PLC, once the envy of online gambling with its more than $8 billion IPO in 2005, is now trying to figure out how to save its business model. It runs what was once the world's biggest poker site, PartyPoker, and has said it will no longer take payments from the U.S., eliminating nearly 80 percent of its revenue and sending its stock plunging.

Another poker company, 888 Holdings PLC, also said it would stop taking U.S. bets, ensuring its profits will fall dramatically.

Sportingbet and Leisure & Gaming both sold their U.S. operations for a dollar. Sportingbet said its exit from the U.S. market cost it nearly $400 million.

The bleeding didn't stop there. Neteller and FireOne, which owns e-wallet FirePay, also saw their stock price plummet. On Oct. 2, FirePay announced it had stopped doing business with sites that might take U.S. bets, including PokerStars. The decision forced PokerStars, now the biggest poker site in the world and a registered business in Costa Rica, to rely on Neteller to take money for bets headed to its site.

"There are privately owned operators that will continue to take play as long as they have payment processors that will work with them," said Sue Schneider, publisher of the online gaming magazine Interactive Gaming News. "I think the big question is whether the volume remains the same. But I don't think any of this means there will be less people playing on the Internet."

Neteller has said it is evaluating the law. If Neteller abandons PokerStars and other sites, their bottom lines, no doubt, will be hit hard.

But so far, Neteller's decision to work with PokerStars has amounted to good news for sites not afraid of scorning U.S. law.

Experts say while the new law has forced the public companies out of U.S. market, it has left poker players and bettors gravitating toward private companies.

Both PokerStars and FullTilt have already seen traffic on their Web sites surge, taking advantage of any short-term gain now that some of the competition has been sidelined. On its Web site recently, FullTilt boasted: "We're Here to Stay!" and offered bonuses to sign up.

This isn't the first time the industry has faced a serious setback. In 2001, Visa and MasterCard and other merchant banks stopped allowing money to be sent to Internet gambling sites.

Like then, Sinclair thinks Internet gambling will recover again. It's simply too lucrative.

"There will be a big hit to the industry," Sinclair said. "A big hit. But it's not going to be long term, it's transitory until somebody finds a solution to whatever roadblocks are put in their way. There's too much money for it to go away."

El Legenda
10-27-2006, 06:02 PM
What don't you understand Mr Ljubicic monkeybrain? :confused:

I shall summarise what my post said:

-it is illegal to bet while physically present in the US - but it can still be done illegally

-by transferring money to an offshore bank account, then from that bank account to a bookmaker, the US government cannot legally do anything about this.

-some bookmakers may choose to ban any users with an American based IP address who try to place a bet online, so by using a pro-xy server, the bookmakers' server will think you are located elsewhere, and will hence allow you to bet.

nice try :wavey:

its.like.that
10-28-2006, 06:29 AM
nice try :wavey:

You can't be that stupid :confused:

Mr. 4.0 GPA :lol:

:kiss: