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We have a report for today’s IMEGA hearing. iMEGA believes that the hearing went well today and that could very well mean good news. They said “they feel very confident after today’s hearing.
The report is here:
What bothers me is there was no calender set for the follow-up hearing. Seems to me the Honorable Cooper put it on the back burner. Shoreing it up as; “would require her to review the case further over the coming weeks”. I would have expected her to grant the TRO, while doing case review on the UGIEA. This didn’t happen. That bothers me. Kinda of seems like she’s trying to put this on the backburner for as long as possible. Stuck in “Calender Hell”, possibly never to come out.
Just my 2c
It seems UIGEA itself is stuck in calendar hell…. I think maybe no one wants to touch the whole subject before elections….
We have one report that says a judgement will be made in 30 days, not writing a story on it until it is confirmed, but that is the rumor behind the scene…
The AP has released a story that is being syndicated everywhere in mainstream media about the IMEGA case, it also confirms that the judge will make a ruling in 30 days.
The syndicated article can be found here…
Also, big news on the EU claiming $100 billion from the US in the WTO issue is hitting mainstream media sources.
One such article can be found here…
The article we wrote on this issue can be found here…
Today was a very big day in the Online Gaming Industry!
Yes, I agree. Although I tend to be very pessimistic about the whole UIGEA thing, it seems like there a lot of forces hitting the US at once:
1) Antigua with the recent WTO ruling
2) Pressure from EU and other countries
3) Imega lawsuitIt is becoming increasingly difficult for Bush’s cronies to continue with its arrogant policy when they are being hit in multiple directions, the old Attorney General behind it is gone, and now the media is starting to play this up big. I would just love to see copies of Micrsoft Vista being sold for 0.39 cents apiece on some Antiguan website.
This next month should be very interesting indeed. What if the U.S. acquiesces to invalidating the UIGEA ? What happens to Bet On Sports and NETeller, and guys like that that have already been “sanctioned” and virtually destroyed ? Although the full damage from a year ago will never fully recoup, I’m enjoying this somewhat good news these days.
@Poker Dude 140425 wrote:
Yes, I agree. Although I tend to be very pessimistic about the whole UIGEA thing, it seems like there a lot of forces hitting the US at once:
1) Antigua with the recent WTO ruling
2) Pressure from EU and other countries
3) Imega lawsuitIt is becoming increasingly difficult for Bush’s cronies to continue with its arrogant policy when they are being hit in multiple directions, the old Attorney General behind it is gone, and now the media is starting to play this up big. I would just love to see copies of Micrsoft Vista being sold for 0.39 cents apiece on some Antiguan website.
This next month should be very interesting indeed. What if the U.S. acquiesces to invalidating the UIGEA ? What happens to Bet On Sports and NETeller, and guys like that that have already been “sanctioned” and virtually destroyed ? Although the full damage from a year ago will never fully recoup, I’m enjoying this somewhat good news these days.
The neteller and bet on sports was not from the UIGEA it was from the Wire Act.. Big difference as sports betting has ALWAYS (since the 60’s) been illegal in the USA
@allfreechips 140427 wrote:
The neteller and bet on sports was not from the UIGEA it was from the Wire Act.. Big difference as sports betting has ALWAYS (since the 60’s) been illegal in the USA
Yes, good point, that is absolutely correct. I guess I feel that they were a fallout from UIGEA, since their prosecution occurred after UIGEA was signed into law. Thanks for the clarification.
@Poker Dude 140425 wrote:
What if the U.S. acquiesces to invalidating the UIGEA? What happens to Bet On Sports and NETeller, and guys like that that have already been “sanctioned” and virtually destroyed?
Well, my thinking is that BoS and NETeller were targeted because of sportsbetting and Wire Act related issues — not because of anything relating to UIGEA. If the UIGEA is repealed, I suppose sports books and payment processors who do business with sports books would still be targeted.
Maybe not, though…. If the backlash against UIGEA is strong enough, it could potentially force the government to STOP using the Wire Act as a means to go after sports betting operations. Wouldn’t those be interesting (and profitable) times…
Edited: Sorry for posting basically the same thing as allfreechips; both of us must have been typing at the same time.
I doubt the US would give in on sportbetting and the wire act – but conceivably if the sportsbooks would cease using the phone and stuck completely to the net, a case could be made.
