This news just in from our friends at The Safe and Secure Internet Gambling Initiative. It seems the legislation to force the Federal government to take back the burden to define what constitutes illegal gambling has passed a major hurdle. It’s interesting to note how the “sports leagues” came in at the last minute and [...]

Don’t get me wrong – I detest the credit card industry. I despise their “unfair and deceptive” business practices and I’m glad to see they are recently facing a major backlash from consumers and the Federal government. Recent news suggests that the lock they’ve had on the U.S. Congress may be loosening. That said, the [...]

American banking representatives met with members of Congress during a hearing to discuss the effects of the Unlawful Internet Gambling Enforcement Act of 2006 – which made it illegal for banks and other financial institutions to process online wagers. The banks are very reluctant to take on the responsibilities outline in the Act including monitoring [...]