Archive December, 2009
Federal Reserve extends UIGEA deadline
Last week, the US Treasury and the Federal Reserve, the agency in charge of banking regulations, stated that they would extend the deadline that member banks had to meet to comply with regulations under the Unlawful Internet Gambling Enforcement Act (UIGEA). When the legislation passed in 2006, the deadline was set for 1 December 2009. [...]
Talks to Regulate Online Poker Show $90 Million in Taxes
As the reality of the recession hits the state of Florida and its constituents, lawmakers review report findings that show tempting benefits of legalizing online poker in the state. The dramatic shift in how Florida would view the increasingly popular pastime, would reap over $90 million via regulation and taxation.
Currently, the Florida Office of [...]

