Oh the Caribbean. Land of beautiful beaches, laissez faire banks, and laid-back residents. Right? Well, you may want to slow your assumption roll, because word on the street is that entrepreneurs in Antigua and Barbuda are ready to show the world some true West Indian chutzpah, in the form of geopolitical sanctions. And it all has to do with the current state of online gambling regulations. “Absent a reversal of the U.S. government’s illegal blockade of legitimate commerce from our nation, Antigua is prepared to explore the right to exact sanctions on industries in the U.S.,” Lovell warned in a statement to The Associated Press, though, he didn’t provide any details. At this year’s Online Gaming Conference at the Bellagio Hotel in Las Vegas, the Antiguan Minister of Finance, Harold Lovell, made it clear that he’s ready to play ball with ...

Read more...

With Congress heading into recess for the November election, the odds of an online poker legislation bill passing anytime soon are slim — despite the fact  two options exist that could change the face of online gaming in the United States. A bill by Representative Joe Barton is still held up in committee, and a proposal by Senators Harry Reid and Jon Kyl hasn’t even made it to committee yet. Barton’s bill and the Reid/Kyl proposal share the same name: Gambling Prohibition, Poker Protection and Strengthening of UIGEA Act of 2012. Currently, the Reid/Kyl proposal is getting the most attention. Sentiments are decidedly mixed. Some feel it will usher in a new era of regulated online poker in the U.S. Others are concerned it will hinder online gaming and reduce the odds of online poker becoming legal in any real ...

Read more...