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Are yall pulling your sites ?
I am confused as to when the law goes live, is it on signing or at a later date ?
Is there anyone out there fighting this via an appeal or anything of the sort ?
Hi Hollis,
I am undecided about pulling my sites down, but it is a possibility. The bill when signed by Bush is imediately law. As to your last question I don’t beleive there will be anything as far as a appeal. It does appear that if we keep our sites up after this bill becomes law US affiliates will have broke the law.Once the Law is signed it goes into effect and violators are subject to prosecution.
No, there is no one fighting it and you can only appeal a conviction, not a law.
Understand this; The Online Gambling Prohibition section is only a small part of the overall “law” it is attached to which is the Port Security Act. No one is about to challenge a law designed to enhance the security of US Ports against terrorists. That would be political suicide. We are on our own this time. Thats exactly WHY Frist chose this sort of a bill to attach the prohibition act to. This devious bastard knew exactly what he was doing.
I am going to wait until both the law is passed AND industry analysts review it. Not a second earlier than that, though.
I would expect some sort of statement of fact within the media from a prominent political law analyst determining what the US will be willing to prosecute.
I really don’t believe this law is intended for us, but intended for the banking industry.
Here is how I see it falling out (my ignorant opinion only):
1. Law integrated into Ports and Security bill (done)
2. President signs bill
3. Bank lobbyiest rake the Republicans over the coals either by completely disputing the bill (from a law standpoint) or in some other manner (for example a ‘no way our industry could afford this level of banking transaction regulation’)
4. Government decides… Well – we can’t beat them, so lets allow OUR casinos in. (original plan to begin with, IMO)
I just think this is all a pre-defined plan which has been in the works for some time by the US Casino Lobbys and US Govt.
Anyway – until I am told that the US will begin prosecuting US, I am not shutting down a site or turning off a single link.
Let the casinos do that for me – then, I am not to blame anyway!
I will be damned if I am taking down my sites.
In my opinion, the new law places the burden on U.S. banks and U.S. credit card companies. “Online gambling” is still as legal as it was before, because the Wire Act was not amended.
Also, the language says that banks and credit cards can no longer be used to fund “unlawful” internet gambling. But since the Wire Act wasn’t amended, this means (to me) that “unlawful” internet gambling does not include poker, bingo, and casinos, since they were widely considered to be legal before.
Does anyone else see it this way?
so,
He is going to sign it and we will all be breaking the law THIS WEEK ?
Maybe i need to sell out and find a different vertical ?!
Engineer wrote:I will be damned if I am taking down my sites.In my opinion, the new law places the burden on U.S. banks and U.S. credit card companies. “Online gambling” is still as legal as it was before, because the Wire Act was not amended.
Also, the language says that banks and credit cards can no longer be used to fund “unlawful” internet gambling. But since the Wire Act wasn’t amended, this means (to me) that “unlawful” internet gambling does not include poker, bingo, and casinos, since they were widely considered to be legal before.
Does anyone else see it this way?
That’s what I thought, unless I didn’t read a section I should have.
Linking to an online gambling site might be a problem… and accepting a payment might be a problem, but I see what you posted as you do.
“The greatest danger here would seem to be with affiliates. Any American operator can be easily grabbed. This includes sites that don’t directly take bets, but do refer visitors to gaming sites. If the affiliate is paid for those referrals by receiving a share of the money wagered or lost, it would not be difficult to charge the affiliate with violating this law, under the theory of aiding and abetting. Being a knowing accomplice and sharing in the proceeds of a crime make the aider and abettor guilty of the crime itself. The federal government could also charge the affiliate with conspiracy to violate this new Act.”
Gaming attorneys are stating the above. I beleive that it is in every US affiliates interest to think seriously what they want to do. It looks like there could be a complete pull out of the US by the online casinos and poker. One must ask themselves is it worth breaking the new law when revenues will be next to nill.
Again – I am awaiting political / law analyists that will show up AFTER the law is signed.
Until then, I am doing nothing wrong.
In addition, I am sure there will not be arrests within moments or even days of the signing. There is just WAY to much jumping of the gun in this industry right now. We all need to relax and await rulings.
If need be – and this becomes potential jail time – then we just take down our sites and then put them back up as informational sites only UNTIL the law is ammended to allow US based casinos into the mix.
Christ – the US just wants the tax money is all (IMO)! They WILL want this regulated at some point. It is just too damn easy for them to look at other countries and see how much tax money they bring in through regulation.
