Endorsed by Gambling911

Tax Hearing on Internet Gambling Announced

Written by:

Guest

Published on:

May/13/2010

House Ways and Means Chairman Sandy Levin (D-Mich.) on Wednesday announced his committee would host a hearing on tax proposals related to legislation to legalize Internet gambling. The hearing will take place on Wednesday, May 19, according to The Hill.

Companion legislation would impose gambling licensing fees and certain information reporting and other requirements on gamblers and online gambling sites.

Current legislation, the Unlawful Internet Gambling Enforcement Act, prohibits banking institutions in the U.S. from knowingly accepting payments in connection with Internet gambling.

Enforcement of the UIGEA was to take effect on June 1, 2010.

Gambling911.com Staff

Gambling News

Tennis Umpire Banned for Life for Manipulating Scores and Breaking Gambling Rules

Pavel Atanasov admitted to manipulating match scores data for betting purposes, gambling on matches and “failure to report corrupt approaches,” the International Tennis Integrity Agency said.

Fish Arcades Net Two With More Than 800 Charges Filed

Law enforcement considers games to be illegal gambling while operators contend these are games of skill.

Indepth Look at How Ohtani's Interpreter Mizuhara Became Players' Lifeline

LA Dodgers super star player Shohei Ohtani became the center of a gambling scandal after it was reported his interpreter, Ippei Mizuhara, had committed a "massive theft", stealing $4.5 million from Ohtani's bank account in order to pay off a gambling debt.

Exploring the Best Online Casinos in Australia

Explore the world of internet gambling with the help of a well chosen guide written by gaming enthusiasts. This in-depth investigation examines the best Aussie gamers can play at online casinos, all of which have been screened for game selection, security, customer support, and special offers.

Chip Grabbing Felon Latest to Make the Infamous Vegas Black Book

Neal Ahmed Hearne is the latest name to be entered into the book.