- FIND OFFERS
|Professor's Letter | Program Spotlight | Industry News | Forum | Manager's Corner|
Letter From the Professor - July 2, 2008
Barney Frank’s Anti UIGEA Bill defeated in tie vote. What’s next?
As most of you know by now Massachusetts House Representative Barney Frank's attempt to halt the implementation of the UIGEA regulations ended in a tied vote and, consequently, was “defeated” under committee rules last Thursday.
The bill would have prohibited the Treasury Department and the Federal Reserve from proposing and implementing much criticized regulations to enforce the Unlawful Internet Gambling Enforcement Act.
Senator Alfonse D'Amato, a supporter of H.R. 5767, said it was disappointing to realize that opponents of the bill had not truly understood its intent: "It was clear today that those who oppose this bill chose to focus on emotional and non-germane issues, such as the harmful impact of gambling on children, instead of on the merits of the bill itself," he said, commenting that as it presently stands the UIGEA is "a completely unworkable and unenforceable bill that would do little to address the main concerns of its sponsors – namely, protecting underage and compulsive gamblers as well as cracking down on money laundering."
Most vociferous in opposition was our old nemesis Republican Representative Spencer Bachus of Alabama, a longtime opponent of Internet gambling who characterized the pastime as "the fastest growing addiction, more so than drugs" and went on to explain that "problem gambling doubles within 10 miles of a gambling facility. The closer you get to a casino, the more problem gamblers you have. Well, the Internet puts the casino right in the home."
He also invoked the rather weary slogan: "You just click your mouse and you lose your house."
Jeffrey Sandman, a spokesman for the Secure Internet Gambling Initiative (SSIGI) which yesterday took Representative Bachus to task for statements it described and detailed as "misinformation," said that it was disappointing that Republican politicians would turn their backs on the credit unions and banks at a time when the Treasury Department and Federal Reserve admit the proposed rules to enforce UIGEA are unworkable.
He added: "Given the freedom of the Internet, it is foolhardy to impose the current regulations and force U.S. financial service companies to police for illegal activity. Rather than prohibit an activity millions of Americans enjoy to do in their homes, just as they can do in a casino, Congress should create a regulatory framework for Internet gambling as a way to protect consumers and collect billions in much-needed federal revenue that is currently lost in an underground, uncontrolled marketplace."
The Americans for Tax Reform (ATF) and the Competitive Enterprise Institute (CEI) also opposed the implementation of the UIGEA in its submission to the Committee, saying that if the UIGEA was implemented as proposed in current regulations, it would have "a number of serious, negative consequences for the nation's economy."
Congressman Ron Paul, who co-sponsored HR5767 with Rep. Frank, said that he believed individuals have the right to spend their money the way they want. "If you can regulate the way people spend money on the Internet, you open up a whole new can of worms. Also there are special interests involved," he commented.
"The real issue is what the role of government should be. When it comes to economic and moral behavior, this becomes a problem. Why can't individuals make up their own minds? If it involves kids, the responsibility is with the parents. There are many more dangers out there than with gambling."
What do YOU think is the next move in this political chess game? Join us here to discuss
Another CAP Money Award Winner!
Drum roll please … This week’s winner of an Amazon.com gift certificate or Paypal Cash for $125 is Martyn for posting the following thread: Apart from traffic what else to you drive? This is a fun thread where everyone lists the cars they drive. Why not join in and tell us what keys are in your pocket.
Well done Martyn!
Don’t forget YOU can win CAP Money too. This is a weekly contest open to all CAP members see full details here: CAP Money.
CAP Special Events:
Fortune Affiliates Christmas in July
Get into the holiday spirit with the Christmas in July promotion brought to you by Fortune Affiliates. You will be able to receive Amazon.com Gift Cards ranging from $20 to $10,000! All you have to do is bring in New Active Casino Players between 1 July to 31 August 2008. The more players you bag, the higher the value of your Gift Card will be!
You need to be an affiliate with Fortune Affiliates to get these vouchers, so to register as an affiliate go here: www.fortuneaffiliates.com
To register for the promotion and stand in line for all those Amazon vouchers, go here: http://www.vegaspalms.com/XmasJuly/
It’s Sloto’ Cash’s Birthday. CAP Affiliates Get the Gifts!
Sloto'Cash is celebrating it's 1st Birthday this July! To celebrate their success and to recognize their affiliates contribution they have the following opportunity for you to earn some extra cash this month! Participating is simple, refer at least 3 or more new depositing players in the month of July to earn an extra $100 bonus on top of your July commission. Plus…
*** Win The latest Samsung Series 6 46" LCD TV ***
Plus stand the chance to Win The latest Samsung Series 6 46" LCD TV and be the envy of all your friends and neighbors. Total value $2000!
The winner is determined by the highest Gross Casino Revenue generated by new depositing players. Just think one high roller and you could scoop this fantastic prize! Make sure you check the website on a weekly basis for the leader board.
More info here
DoylesRoom Affiliate Contest
If you are an affiliate interested in free money and pure poker entertainment, you will love our contest.
It is very simple. Get an entry to our special $500 Affiliate Freeroll Tournament just by registering at least 2 new real money players during June and July!
Its $500 just for the FIRST 10 PLACES and in addition, we will give to the top 3 places extra cash exclusively for private tournaments!
Here are the prizes:
1 – $170 plus $150 in private tournaments
2 – $85 plus $100 in private tournaments
3 – $58 plus $50 in private tournaments
4 – $45
5 – $33
6 – $28.5
7 – $25
8 – $22
9 – $19.5
10 - $14
Terms and Conditions:
- The freeroll winnings are paid directly to the affiliate’s poker account.
- Affiliates who win an entry to the tournament need to email their SCREEN NAME AND POKER ALIAS NO LATER THAN AUGUST 7th.
- The $500 Freeroll will take place during the second week of August. (Date and time to be determined)
- Top 3 places who win money for private tournaments will send us the schedule for the private tournaments no later than August 22nd and scheduled for dates between September 1st and December 31st.
- The private tournament money could be used all at once or in separate tournaments, but no more than 3 tournaments.
If you have questions about our contest, please email us at email@example.com
CAP Press Release
BetUS.com launches Poker Affiliate Program June 30th – Offers exciting new revenue stream to Partners
Widely recognized as the largest most successful sportsbook on the web and trusted for its’ up to the minute odds on sports, politics, pop-culture and more, BetUS.com announced today that the new BetUS Partners "Poker Affiliate Program" is now live! The poker program has been fully integrated into the BetUS.com Partners site and can be found at http://partners.betus.com.
To show their appreciation, BetUS will put $5,000 towards a private poker tournament for the player base of the affiliate who refers the most depositing poker players by August 1, 2008.
This full-service affiliate program offers lifetime revenue on Sports, Casino Racebook and Poker, dedicated and experienced affiliate managers, accurate online reporting and cookie tracking and the best conversion and retention rates in the business.
"Our affiliate partners truly drive our success and have helped establish us as the industry leader in both online gambling and affiliate marketing," stated BetUS Partners Affiliate Director Erin Argue. We're ready to take the online poker world by storm and dominate it the way our sportsbook has dominated its space."
To learn more or to join the BetUS Partner program, please visit http://partners.betus.com.
In The News
Don’t forget the hottest industry news daily at CAP in our newsroom Click here and bookmark that page.
ONLINE POKER SITE IN $1.2 MILLION PLAYER DISPUTE
Pokerstars claims breach of tournament rules disqualifies plaintiff Read More
MAJOR CHANGES TO THE INTERNET DOMAIN SYSTEM SOON
ICAAN's Paris meeting shows the way forward Read More
WARREN CLOUD VICTIM OF HEART ATTACK?
Unconfirmed reports that Rogue Casino Owner died off the coast of Spain Read More
ANTI-UIGEA REGULATIONS BILL DEFEATED
A close-run vote, but emotional anti-gambling arguments and political divisions prevail Read More
LAND CASINO UNIONS WORRY ABOUT ONLINE GAMBLING
Internet and mobile gambling raised at global union meeting Read More
ONLINE BINGO A GROWING BUSINESS
More websites and more action in Europe says expert Read More
MORE KOREAN RESTRICTIONS
Online cash transactions to be limited Read More
This Weeks Polls
This new poll posted by Dominique is always a hot topic each month. It’s subject: June - How did you do? I think you will find it interesting to vote in and follow. Join in and cast your votes now.