US must drop Internet gambling ban
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THE World Trade Organisations (WTO) has told the US to dump its ban on offshore Internet gambling. Currently the US does not allow its citizens to place bets in those nasty foreign online casinos and the tiny
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Online gaming group 888 Plc said on Monday it would stop doing business with U.S. customers after legislation was passed there aimed at preventing gambling over the Internet.
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The World Trade Organization confirmed that a US prohibition the cross-border gaming and gambling over the Internet was illegal under global trade rules.
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The Bush administration dismissed as &quot;deeply flawed&quot; a World Trade Organisation decision that the US has no right to ban cross-border gambling on the internet.
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Internet gambling firm 888 Holdings Plc  is expected to freeze indefinitely business from U.S. customers on Monday after Washington moved to tighten its online gambling laws, the Financial Times said.
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Online gaming stocks were set to plummet at the start of Monday's session, with PartyGaming  expected to fall as much as 40 percent, after U.S. Congress approved a bill to ban Internet gambling.
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A bill to ban online gambling in the United States was drafted haphazardly and risks driving millions of gamblers underground onto unregulated websites, a former U.S. state attorney general said on Thursday.
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(InfoWorld) - A law prohibiting U.S. financial institutions from processing payments to online gambling sites hasn't stopped U.S. employees from visiting sports betting sites, according to cybersecurity vendor ScanSafe. Attempted visits to online gambling Web sites by employees of ScanSafe's U.S. customers were up 77 percent in the week between Jan. 23 and 31. The Super Bowl, the National Football League's championship game, is Sunday. ScanSafe provides a Web-blocking service to large businesses, and it examines 6 billion Web requests a month. In October, President George Bush signed into law a measure prohibiting financial institutions from processing payments to gambling sites. The government has until mid-July to develop the processing regulations for financial institutions. But some online gambling sites have begun telling U.S. customers that financial institutions are already distancing themselves. On Wednesday, PokerRoom.com told U.S. customers to cash out. "The remaining companies that process cashouts from PokerRoom.com to our players in the United States have contacted us to say that in the near future they will no longer facilitate these transactions," said a message on PokerRoom's home page. "As such, we would advise all American players who have not cashed out already to do so immediately." The gambling provision, amended by Congress onto a ports security bill in late September, has had no impact on the number of people visiting gambling Web sites, said Dan Nadir, vice president for product strategy at ScanSafe. ScanSafe doesn't track whether those people completed bets, he said. "We suspected [the law] wouldn't have much of an impact," Nadir said. Some gambling sites will develop alternative payment mechanisms, he said. ScanSafe didn't provide the raw numbers of visits to gambling sites this past week, but gambling represented about 3.4 percent of the content it blocked for clients in 2006. By comparison, 15.1 percent of the blocked content was chat or instant messaging, 14.6 percent was advertising, 7.2 percent was Web mail, and 3.9 percent was pornography. Visits to sports betting sites such as Bodog.com were common this past week, Nadir said. About 53 percent of the U.S. visits to gambling sites ScanSafe observed this past week were to sports betting sites as opposed to casino or lottery sites. Bodog didn't immediately respond to an e-mail asking if its business has been hurt by the U.S. law. About 84 percent of ScanSafe's customers blocked employee access to gambling sites. Companies block employees from gambling sites for a couple of reasons: because they don't trust that gambling sites are safe, and because they don't want employees playing games on company time, Nadir said.
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US is looking after its own The European Union's internal market Commissioner Charlie McCreevy yesterday accused the US government of protectionism in the way it is dealing with online gambling.â¦
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Online gambling firms faced their  biggest-ever crisis on Monday after U.S. Congress passed  legislation to end Internet gaming there, threatening jobs and  wiping 3.5 billion pounds ($6.5 billion) off company values.
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A World Trade Organization panel on Wednesday ruled that the United States should drop its ban on Americans wagering with offshore Internet casinos.
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A trade dispute filed by Antigua and Barbuda, a Caribbean nation with dozens of online casinos, challenges Washingtonâs effort to prohibit online gambling.
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Shares in online gambling companies listed in London lost half their value after a dramatic move by US authorities to ban gambling on the Internet.
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US President George W. Bush this week is expected to sign a bill making it harder to place bets on the Internet, a practice which already is illegal in the United States.
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The U.S. governmentÂs move to criminalize the processing of online wagers led to a Black Mondy for the online-gambling industry.
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Betting company William Hill has announced that it would cease accepting casino or poker bets from clients in the United States.
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Text of report in English by South Korean news agency Yonhap  Seoul, 14 September: South Korea will step up its crackdown on illegal online gambling, blocking the access of local people to a total of 128 related Internet sites this year, a top policymaker said Thursday [14 September].