Posts Tagged :

internet gambling

Turkish Authorities Seize Crypto Worth $40M in Gambling Raid

The HALLO ECHO

  As part of their investigation into an unlawful gambling network, Turkish officials have confiscated $40 million worth of cryptocurrencies. When it comes to gambling, Turkey is quite strict. The government outlawed casinos in 1998. And since 2006, all forms of internet gambling have been illegal, with the exception of a single state-run service. The…

read more

US Congress Considers Enforcement and Compliance Review of UIGEA

The HALLO ECHO

  US Senator Tom Cotton has filed a Congressional bill entitled the “Prevention of Deceptive Child-Targeted Advertising in Violation of the Unlawful Internet Gambling Enforcement Act.” The bill S. 3322, if adopted, would require the Secretary of the Treasury to opine on the gaming industry’s compliance with certain aspects of UIGEA. Specifically, Treasury would be…

read more