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UIGEA
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] |
Fantasy Sport
A fantasy sport (also known less commonly as rotisserie or roto) is a game, often played using the Internet, where participants assemble imaginary or virtual teams composed of proxies of real players of a professional sport. These teams compete based on the statistical performance of those players in actual games. This performance is converted into points that are compiled and totaled according to a roster selected by each fantasy team's manager. These point systems can be simple enough to be manually calculated by a "league commissioner" who coordinates and manages the overall league, or points can be compiled and calculated using computers tracking actual results of the professional sport. In fantasy sports, as in real sports team owners draft, trade, and cut (drop) players. History Early simulations The history of fantasy games can be traced to the 19th century. The tabletop game ''Sebring Parlor Base Ball'', introduced in 1866, allowed participants to simulate games by propelli ... [...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] |
Online 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 Gibra ... [...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] |
SAFE Port Act
The Security and Accountability For Every Port Act of 2006 (or SAFE Port Act, ) was an Act of Congress in the United States covering port security and to which an online gambling measure was added at the last moment. The House and Senate passed the conference report on September 30, 2006, and President Bush signed the Act into law on October 13, 2006. Port security provisions The port security provisions were one of 20 bills introduced to Congress in the wake of the Dubai Ports World controversy that aimed to block Dubai Ports World acquiring P&O Ports, and more generally to stop key US ports falling into the hands of foreign owners by changing the Exon–Florio Amendment. The act codified into law a number of programs to improve security of U.S. ports, such as: *Additional requirements for maritime facilities *Creation of the Transportation Worker Identification Credential *Establishment of Interagency Operations Centers for port security * Port Security Grant Program *Contain ... [...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] |
Robert Goodlatte
Robert William Goodlatte (; born September 22, 1952) is an American politician, attorney, and lobbyist who served in the United States House of Representatives representing for 13 terms. A Republican, he was also the Chair of the House Judiciary Committee, which has jurisdiction over legislation affecting the federal courts, administrative agencies, and federal law enforcement entities. Goodlatte's district covered Roanoke and also included Lynchburg, Harrisonburg, and Staunton. In 2017, Goodlatte presided over a GOP effort, conducted in a secret session, to weaken the independent Office of Congressional Ethics, a move widely criticized by House leaders and the opposition party. The proposal passed by a 119 to 74 vote, but it was withdrawn the following day after widespread public criticism. On November 9, 2017, Goodlatte announced that he would not seek reelection in 2018. In February 2020, Goodlatte registered as a lobbyist representing the Project for Privacy & Surveill ... [...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] |
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] |
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 ... [...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] |
United States House Of Representatives
The United States House of Representatives, often referred to as the House of Representatives, the U.S. House, or simply the House, is the Lower house, lower chamber of the United States Congress, with the United States Senate, Senate being the Upper house, upper chamber. Together they comprise the national Bicameralism, bicameral legislature of the United States. The House's composition was established by Article One of the United States Constitution. The House is composed of representatives who, pursuant to the Uniform Congressional District Act, sit in single member List of United States congressional districts, congressional districts allocated to each U.S. state, state on a basis of population as measured by the United States Census, with each district having one representative, provided that each state is entitled to at least one. Since its inception in 1789, all representatives have been directly elected, although universal suffrage did not come to effect until after ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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