Have you ever wondered how the big banks make such enormous mountains of money? Well, the truth is that much of it is made by gambling recklessly. If they win on their bets, they become fabulously wealthy. If they lose on their bets, they know that the government will come in and arrange for the [...]
The Economic Collapse
Posts Tagged ‘gambling’
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RT's Anastasia Churkina travels to the tiny Caribbean nation of Antigua and Barbuda to report on the decade-long dispute between the island nation and the US – over online gambling and copyright laws – after a WTO decision opened the door for Antigua to legally ignore American copyright and intellectual property regulations to make up for a collapsed internet gambling industry. Find RT America in your area: rt.com Or watch us online: rt.com Like us on Facebook www.facebook.com Follow us on Twitter twitter.com
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The Senate is quietly discussing legislation to put the federal government in charge of online gambling, freezing out state lotteries that want to move in that direction, but Americans aren’t too enthusiastic about the idea.
Just 34% of American Adults favor federal government regulation of online gambling, according to a new Rasmussen Reports national telephone survey. Forty percent (40%) are opposed to federal control in this area, but a sizable 26% are not sure. (To see survey question wording, click here.)
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The survey of 1,000 Adults was conducted on December 7-8, 2012 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.
On its Twitter feed today, law firm DLA Piper announced that its “Gaming” practice has launched a new blog called “All In” that will offer legal and regulatory updates on a seemingly underserved topic: international gambling law. Looking at the blog’s 13 named contributors, All In appears to largely be the work of lawyers in the firm’s U.K. offices, with a handful of lawyers from other European countries and the U.S. also involved. Indeed, the first 10 or so posts on All In cover gambling law developments in countries including the U.K., Italy and Germany. Recent posts on All In discuss topic including: the award of 2,000 new Italian betting shop licenses; the status of proposed guidelines in the U.K. on whether TV game shows such as “Deal or no Deal” are games of chance requiring licenses under the Gambling Act of 2005; and a video by DLA Piper associate Giulio Coraggio analyzing current developments in online gaming in Italy. Overall, All In looks like a solid effort in the gambling blawg area by DLA Piper, which now produces 12 different blogs.
Legal Blog Watch
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It's a craze that pushes people to the edge and turns many into addicts. The gambling disease is spreading faster than ever in the UK, and the multi-billion dollar industry is doing little to help. RT's Ivor Bennet spoke to those, whose lives have been crushed by their compulsion. RT on Twitter: twitter.com RT on Facebook: www.facebook.com
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Italy's got a gambling problem – the number of people getting addicted to scratch cards and lotteries there is booming. And it's the deeply-struggling economy that's making it worse, as Ekaterina Gracheva explains. RT on Twitter twitter.com RT on Facebook www.facebook.com
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Mitt Romney wanted to bet Rick Perry that he never said he is for health care mandates but Jon Huntsman accepted that bet in his complain video with Mitt Romney saying he is for mandates especially the ones Mitt makes. He does not want to pay $10,000 but it might cost him the election.
Mitt Romney’s faith strongly opposes gambling as do most christian faiths. This is one instance where he should have walked the walk to not bet since it got him in trouble big time. If he can’t keep his own religious promises which are his #1 priority then will he do the same for his political promises which is not his #1 priority?
http://youtu.be/0CQZZEsJ7v8
http://www.youtube.com/watch?v=0CQZZEsJ7v8&feature=player_embedded
Check out Jon Huntsman’s site for the latest news about the bet.
http://www.10kbet.com
Politifact.com states that Romney did not say it in his book. Despite Romney stated it on air as shown above.
http://www.politifact.com/truth-o-meter/statements/2011/dec/11/rick-perry/rick-perry-says-mitt-romneys-book-deleted-line-mas/
