The PSPA bill passed in the House Financial Committee, but what does it mean to you the player? Also, interesting gambling practices revealed in study and a word on CAP Euro.
This week's online gambling news headlines brought to you by OCR Live!
Franks bill approved
Thumbs up to Congressman Barney Frank! The Massachusetts
Democrat has successfully passed a bill in the House Financial Committee
refining UIGEA . The bill is now eligible for vote in Congress which means the
issue of online gambling will be discussed in 2009, under a new administration.
So who knows what could happen!
Clarifying the new payment law
Under current legislation, it's down to financial
institutions to block gambling online. The new law aims to clarify exactly what
constitutes as illegal gambling, taking the burden off the already beleaguered
US banking system.
Gamblers over 60 - beware
A recent study has found that the majority of players under
60 see gambling as a form of entertainment, whilst senior citizens use it
primarily to socialize with their peers. Apparently, these older players also
place less emphasis on gambling strategy, putting them at a higher risk of
developing problem gambling habits.
And we're flying to Barcelona!
And lastly CAP Euro is kicking off this weekend! We'll be
there in Barcelona reporting from the event. We can't promise interviews with
all 1,000 participants, but we will be bringing you footage of speaker
presentations, interviews with industry big wigs and, of course, those famous
CAP parties.
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