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TheEngineer
05-26-2007, 09:56 PM
I just found out Focus on the Family has been writing to Bush and Paulson for tough UIGEA regs and against IGREA. The letter is at http://www.citizenlink.org/FOSI/gambling/cog/A000004244.cfm . The letter isn't on Focus on the Family's website, but they have a link to it, along with encouragement to participate. Here it is:

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Internet Gambling Take Action
3-29-2007

by Chad Hills

In 2005, U.S. citizens illegally exported $6 billion dollars to unknown, unaccountable foreign online casinos. Congress passed legislation to stop Internet gambling in the U.S., but the Department of Treasury needs to hear your voice to keep this legislation strong.



Background

The Unlawful Internet Gambling Enforcement Act (UIGEA) was attached to the SAFE Port Act (H.R. 4954) and passed in 2006. This legislation delegated authority to the U.S. Department of the Treasury to determine the details and regulations pertaining to the Internet gambling portion of this legislation (Title VIII).

Needless to say, the foreign online gambling industry hired a number of lobbyists to influence this legislation and ultimately weaken the UIGEA. Foreign Internet casino operators lost an estimated $6 billion when Congress passed this legislation in 2006. They are intent on lobbying to reclaim their lost business by advocating porous Internet legislation and regulation.

The U.S. Department of Treasury is expected to release their regulations very soon, so voice your concerns today (see talking points listed below). Read the letter written by professional and amateur sports organizations that encourages strong regulations against Internet gambling.



Take Action

Send a message to President Bush:

Comments: 202-456-1111
Switchboard: 202-456-1414
FAX: 202-456-2461 (most effective)
E-mail: comments@whitehouse.gov

Emphasize these points:

The Department of the Treasury is tasked with drafting strong and thorough regulations. Word from legislators working closely with this bill is that the regulations are too weak, and the law will may be undermined by the rules and regulations. A handful of federal agents could create and maintain a list of unlawful Internet gambling operations to existing Pro-family organizations and citizens must contact the White House and urge President Bush to direct the Treasury to create strong regulations to uphold this legislation.
A second concern is Rep. Barney Frank's (D-MA) bill, HR 2046. His bill would effectively repeal the Unlawful Internet Gambling Enforcement Act of 2006, reversing nearly a decade of Congressional efforts to keep families safe from the predatory online gambling industry. Citizens need to voice their opposition to the dangerous bill that would open the gates wide for all Internet casinos.
Citizens should also be aware that Rep. Shelley Berkley (D-NV) sponsored a bill that seeks to "study" the option of Internet gambling in the United States and ultimately justify its legalization. Oppose HR 2140, because more than 230 million Americans access the Internet, including children. We do not want thousands of virtual casinos tempting adults and children to gamble, nor can we verify whether these sites are funding criminals or terrorists. We don't have to study Internet gambling to know that risks are too great.

You can also contact Secretary Paulson, of the Department of Treasury. Express your concern for the Unlawful Internet Gambling Enforcement Act regulations to remain strong.

The Honorable Henry M. Paulson

Secretary of the Department of the Treasury

1500 Pennsylvania Avenue NW

Washington, D.C. 20220

Phone - 202-622-1100

Phone - Department of the Treasury Main Switchboard - 202-622-1100

Fax - 202-622-6415

Web site: http://www.ustreas.gov/





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Talking Points:

(Choose three or four)

Internet gambling sites took approximately $6 billion out of the U.S. economy in 2005 and may have funded foreign terrorist groups or criminal organizations.
More than 2,500 foreign online virtual casinos were soliciting more than 230 million U.S. Internet users, without effective age verification, validation of payment sources and no financial accountability.
Internet gambling holds catastrophic potential for organized crime, funding terrorists and laundering money. Read more …
Betting on sports is illegal in the United States, with the exception of Nevada and Oregon (Montana and Delaware chose not to wager on sports). Online sports-betting sites were – and still are - making a mockery of U.S. legislation by violating federal Internet gambling laws daily.
The integrity of amateur and professional sports is compromised by the growing number of online sports-gambling sites (i.e. point shaving, player payoffs, corrupting coaches, etc). Read more ...
The American Psychological Association found high school and college-aged populations to be at an increased risk for Internet gambling addiction. [APA Advisory on Internet Gambling, March 17, 2002] See Advisory ...
Machines cannot verify your age, and children are at extreme risk for exploitation and addiction. Already, gambling addiction with adolescents and on college campuses is at epidemic proportions.
The National Gambling Impact Study Commission (NGISC) calculated that approximately 7.9 million adolescents have a problem or pathological gambling addiction. Imagine filling 113 NFL football stadiums to capacity; that's how many under-aged teens and children have gambling problems. Read more of the NGISC Report …
Four out of five students under the age of 18 say that going online is a vital part of their schoolwork. One in five adults says their children spend too much time on the Internet. This age group is extremely vulnerable to online solicitation and subsequent gambling addictions. [USC Annenberg School, 2005] Read more ...
Availability and accessibility are key components in creating addiction to gambling. The Internet is available and accessible 24/7 with no accountability. Addicted gamblers can remain anonymous and feed their addiction in secret. Pathological gambling addiction doubles within 10 to 50 miles of a casino – one can only imagine the addiction rates for 2,500 or more casinos within the reach of a mouse click. Read more …
Video gambling is the most addictive form of gambling in history. Research finds that addiction can occur in about one year, compared with gambling addictions to traditional slots and card games occurring in three to four years. Read more …
Taxpayers and the federal government should not be burdened with monitoring thousands of separate, foreign gambling sites for corruption, illegal activities or jeopardizing homeland security.
Effective and strong regulations are necessary to ensure that the online gambling industry does not infiltrate millions of homes, destroy children, ruin families and mock U.S. laws prohibiting Internet gambling.


"On the Internet, there is no regulation.' Nor is there any safeguard to keep people from gambling with money they don't have. - Rep. Jim Leach [Newsweek October 28, 2002]


More Information

· Internet Gambling Legislation Passed: A Victory For Families

· Link to the entire SAFE Port Act of 2006 (see Title VIII for Internet gambling legislation)

· Read the letter written by professional and amateur sports organizations encouraging strong regulations against Internet gambling

· Internet Gambling: The 'Perfect Storm' of Harm

· Facts compiled by Senator Jon Kyl's office

· John W. Kindt, Gambling With Terrorism: Gambling’s Strategic Socio-Economic Threat To National Security

· Testimony and Statement of Professor John Warren Kindt, Univ. Ill., Internet Gambling Prohibition Act of 2006: Hearing on H.R. 4777 Before the U.S. House of Representatives Subcomm. On Crime, Terrorism, and Homeland Security

· John W. Kindt & Stephen W. Joy, Internet Gambling and the Destabilization of National and International Economies: Time for a Comprehensive Ban on Gambling Over the World Wide Web

· 'Clean' NCAA Playoff Games Sought [USA Today, March 27, 2007]

Uglyowl
05-26-2007, 10:26 PM
[ QUOTE ]
Taxpayers and the federal government should not be burdened with monitoring thousands of separate, foreign gambling sites for corruption, illegal activities or jeopardizing homeland security.

[/ QUOTE ]

There are really no surprises here, but I thought I would share something from our compliance officer at a recent financial services conference.

This was attended by a few state Commissioner of Banks, Regional heads of NCUA, FDIC, and other like bodies, and financial institutions of all sizes.

Anyhow a lengthy discussion ensued about banks being overburdened currently being the eyes and ears of government and were asking if they expected relief. Well the answer was probably not, but they are trying their best to not have it "explode". They mentioned progress working with Barney Frank's office on repealing the UIGEA.

They talked about time being better spent doing better on BSA, AML, etc. Their big focus is disaster recovery. Katrina showed how unprepared banks are for this type of event. Basically there are more important things to concentrate on than "making sure people don't gamble", it just shouldn't be the financial institutions responsibility.

Clearly banks have their pulse on this issue and are fighting hard.

TreyWilly
05-26-2007, 10:41 PM
[ QUOTE ]
Clearly banks have their pulse on this issue and are fighting hard.

[/ QUOTE ]

This is our best chance by a mile, IMHO.

MiltonFriedman
05-27-2007, 12:38 AM
Absolutely.

If paper check transactions and ACH transactions are found reasonable to exempt under the Regs, then the UIGE Act will not be anywhere near as oppressive of US players' rights as Focus on Family would like to make it.

autobet
05-27-2007, 12:51 AM
[ QUOTE ]
[ QUOTE ]
Clearly banks have their pulse on this issue and are fighting hard.

[/ QUOTE ]

This is our best chance by a mile, IMHO.

[/ QUOTE ]

By a country mile.

The banks should add a $2 fee on every monthly statement called UGIEA enforcement charge...Then the good old days would be back before you can scream, "Party Poker's back baby!"

malo
05-27-2007, 04:53 PM
UglyOwl, thanks for sharing this.

I am really hoping that the arrival of the July 10th deadline for regs will end up being a "non-event", with the worst having already happened.