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Unlawful Internet Gambling Enforcement Act
The Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) is United States legislation regulating online gambling. It was added as Title VIII to the SAFE Port Act (found at ) which otherwise regulated port security. The UIGEA prohibits gambling businesses from "knowingly accepting payments in connection with the participation of another person in a bet or wager that involves the use of the Internet and that is unlawful under any federal or state law." The act specifically excludes fantasy sports that meet certain requirements, skill games, and legal intrastate and intertribal gaming. The law does not expressly mention state lotteries, nor does it clarify whether interstate wagering on horse racing is legal. Background on online gambling The United States Court of Appeals for the Fifth Circuit ruled in November 2002 that the Federal Wire Act prohibits electronic transmission of information for sports betting across telecommunications lines but affirmed a lower court ruling ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Money And Finance
Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. The primary functions which distinguish money are as a medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment. Money was historically an emergent market phenomenon that possess intrinsic value as a commodity; nearly all contemporary money systems are based on unbacked fiat money without use value. Its value is consequently derived by social convention, having been declared by a government or regulatory entity to be legal tender; that is, it must be accepted as a form of payment within the boundaries of the country, for "all debts, public and private", in the case of the United States dollar. Contexts which erode public confidence, such as the circulation of counterfeit money or domestic hyperinflation, can cause good money to lose its value. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Economist
''The Economist'' is a British weekly newspaper printed in demitab format and published digitally. It focuses on current affairs, international business, politics, technology, and culture. Based in London, the newspaper is owned by The Economist Group, with its core editorial offices in the United States, as well as across major cities in continental Europe, Asia, and the Middle East. In 2019, its average global print circulation was over 909,476; this, combined with its digital presence, runs to over 1.6 million. Across its social media platforms, it reaches an audience of 35 million, as of 2016. The newspaper has a prominent focus on data journalism and interpretive analysis over original reporting, to both criticism and acclaim. Founded in 1843, ''The Economist'' was first circulated by Scottish economist James Wilson to muster support for abolishing the British Corn Laws (1815–1846), a system of import tariffs. Over time, the newspaper's coverage expanded further into ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Internet Gambling
Online gambling is any kind of gambling conducted on the internet. This includes virtual poker, casinos and sports betting. The first online gambling venue opened to the general public was ticketing for the Liechtenstein International Lottery in October 1994. Today the market is worth around $40 billion globally each year, according to various estimates. Many countries restrict or ban online gambling. However it is legal in some states of the United States, some provinces in Canada, most countries of the European Union, and several nations in the Caribbean. In many legal markets, online gambling service providers are required by law to have some form of licence provide services or advertise to residents there. For example, the United Kingdom Gambling Commission or the Pennsylvania Gaming Control Board in the United States. Many online casinos and gambling companies around the world choose to base themselves in tax havens near their main markets. These destinations include Gi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Attorney General
In most common law jurisdictions, the attorney general or attorney-general (sometimes abbreviated AG or Atty.-Gen) is the main legal advisor to the government. The plural is attorneys general. In some jurisdictions, attorneys general also have executive responsibility for law enforcement, prosecutions or even responsibility for legal affairs generally. In practice, the extent to which the attorney general personally provides legal advice to the government varies between jurisdictions, and even between individual office-holders within the same jurisdiction, often depending on the level and nature of the office-holder's prior legal experience. Where the attorney general has ministerial responsibility for legal affairs in general (as is the case, for example, with the United States Attorney General or the Attorney-General for Australia, and the respective attorneys general of the states in each country), the ministerial portfolio is largely equivalent to that of a Minister of Justice ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Reserve Board
The Board of Governors of the Federal Reserve System, commonly known as the Federal Reserve Board, is the main governing body of the Federal Reserve System. It is charged with overseeing the Federal Reserve Banks and with helping implement the monetary policy of the United States. Governors are appointed by the president of the United States and confirmed by the Senate for staggered 14-year terms.See Statutory description By law, the appointments must yield a "fair representation of the financial, agricultural, industrial, and commercial interests and geographical divisions of the country". As stipulated in the Banking Act of 1935, the Chair and Vice Chair of the Board are two of seven members of the Board of Governors who are appointed by the President from among the sitting governors of the Federal Reserve Banks. The terms of the seven members of the Board span multiple presidential and congressional terms. Once a member of the Board of Governors is appointed by the preside ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Midnight Drop
Midnight is the transition time from one day to the next – the moment when the date changes, on the local official clock time for any particular jurisdiction. By clock time, midnight is the opposite of noon, differing from it by 12 hours. Solar midnight is the time opposite to solar noon, when the Sun is closest to the nadir, and the night is equidistant from dusk and dawn. Due to the advent of time zones, which regularize time across a range of meridians, and daylight saving time, solar midnight rarely coincides with 12 midnight on the clock. Solar midnight depends on longitude and time of the year rather than on time zone. In ancient Roman timekeeping, midnight was halfway between sunset and sunrise (i.e., solar midnight), varying according to the seasons. In some Slavic languages, "midnight" has an additional geographic association with "north" (as "noon" does with " south"). Modern Polish, Belarusian, Ukrainian, and Serbian languages preserve this association w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Department Of The Treasury
The Department of the Treasury (USDT) is the national treasury and finance department of the federal government of the United States, where it serves as an executive department. The department oversees the Bureau of Engraving and Printing and the U.S. Mint. These two agencies are responsible for printing all paper currency and coins, while the treasury executes its circulation in the domestic fiscal system. The USDT collects all federal taxes through the Internal Revenue Service; manages U.S. government debt instruments; licenses and supervises banks and thrift institutions; and advises the legislative and executive branches on matters of fiscal policy. The department is administered by the secretary of the treasury, who is a member of the Cabinet. The treasurer of the United States has limited statutory duties, but advises the Secretary on various matters such as coinage and currency production. Signatures of both officials appear on all Federal Reserve notes. The depart ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Board Of Governors Of The Federal Reserve System
The Board of Governors of the Federal Reserve System, commonly known as the Federal Reserve Board, is the main governing body of the Federal Reserve System. It is charged with overseeing the Federal Reserve Banks and with helping implement the monetary policy of the United States. Governors are appointed by the president of the United States and confirmed by the Senate for staggered 14-year terms.See Statutory description By law, the appointments must yield a "fair representation of the financial, agricultural, industrial, and commercial interests and geographical divisions of the country". As stipulated in the Banking Act of 1935, the Chair and Vice Chair of the Board are two of seven members of the Board of Governors who are appointed by the President from among the sitting governors of the Federal Reserve Banks. The terms of the seven members of the Board span multiple presidential and congressional terms. Once a member of the Board of Governors is appointed by the president ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jack Abramoff
Jack Allan Abramoff (; born February 28, 1959) is an American lobbyist, businessman, film producer, writer, and convicted felon. He was at the center of an extensive corruption investigation led by Earl Devaney that resulted in his conviction and 21 other people either pleading guilty or being found guilty, including White House officials J. Steven Griles and David Safavian, U.S. Representative Bob Ney, and nine other lobbyists and congressional aides. Abramoff was College Republican National Committee National Chairman from 1981 to 1985, a founding member of the International Freedom Foundation, allegedly financed by apartheid South Africa, and served on the board of directors of the National Center for Public Policy Research, a conservative think tank. From 1994 to 2001 he was a top lobbyist for the firm of Preston Gates & Ellis, and then for Greenberg Traurig until March 2004. After a guilty plea in the Jack Abramoff Native American lobbying scandal and his dealings with Su ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Internet Gambling Prohibition Act
The Internet Gambling Prohibition Act (IGPA) was a 1999 bill in the US Senate to ban Internet gambling. "Internet Gambling update" '' Internet Gambling information''. Passage of the bill was defeated, in large part, by the lobbying efforts of Jack Abramoff. The bill was supported by Christian conservative groups such as Focus on the Family, Moral Majority, and the Christian Coalition. A new version of this legislation was attached to the SAFE Port Act and became law in 2006. In 1999, eLottery, inc. hired Jack Abramoff's lobbying firm, Preston Gates & Ellis, to represent their effort to block the bill. ELottery, an Internet-based firm, intended to sell state lottery tickets online, and this business venture was threatened by the IGPA. Abramoff recruited Ralph Reed, his College Republicans cohort, and Rev. Louis P. Sheldon of the Traditional Values Coalition to oppose the legislation. Although Reed was a former Director of the Christian Coalition which now supported the bill, Abr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jon Kyl
Jon Llewellyn Kyl ( ; born April 25, 1942) is an American politician and lobbyist who served as a United States Senator for Arizona from 1995 to 2013 and again in 2018. A Republican, he held both of Arizona's Senate seats at different times, serving alongside John McCain during his first stint. Kyl was Senate Minority Whip from 2007 until 2013. He first joined the lobbying firm Covington & Burling after retiring in 2013, then rejoined in 2019. The son of U.S. Representative John Henry Kyl and Arlene (née Griffith) Kyl, Kyl was born and raised in Nebraska and lived for some time in Iowa. He received his bachelor's degree and law degree from the University of Arizona. He worked in Phoenix, Arizona as an attorney and lobbyist before winning election to the United States House of Representatives, where he served from 1987 to 1995. He was elected to the U.S. Senate in 1994 and continued to be re-elected by comfortable margins until his retirement in January 2013. In 2006, he was re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bill Frist
William Harrison Frist (born February 22, 1952) is an American physician, businessman, and politician who served as a United States Senator from Tennessee from 1995 to 2007. A member of the Republican Party, he also served as Senate Majority Leader from 2003 to 2007. Born in Nashville, Tennessee, Frist studied health care policy at Princeton University and interned for U.S. Representative Joe L. Evins. Rather than going directly into politics, Frist earned a Doctor of Medicine degree from Harvard Medical School, becoming a surgeon at Massachusetts General Hospital and several other hospitals. In the 1994 Republican Wave, he defeated incumbent Democratic Senator Jim Sasser; he pledged to only serve two terms. After serving as Chairman of the National Republican Senatorial Committee, Frist succeeded Tom Daschle as the Senate Majority Leader. Frist helped pass several parts of President George W. Bush's domestic agenda, including the Jobs and Growth Tax Relief Reconciliation Act ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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