Latest SAFE Port Act Stories

2011-03-11 08:15:00

NEW YORK, March 11, 2011 /PRNewswire/ -- Elray Resources, Inc. (OTC Bulletin Board: ELRA) - Elray announced today additional information concerning its acquisition of Splitrock Ventures. Splitrock Ventures is an online gaming company that owns intellectual property, licenses Playtech software, operates online gaming web sites and provides gaming, back office and marketing services to independent third party operators into global markets, where such activity is legal. An investment in...

2010-12-15 17:04:00

Bill Could Diminish Profits that Fund Vital Services for Older Pennsylvanians MIDDLETOWN, Pa., Dec. 15, 2010 /PRNewswire-USNewswire/ -- Federal legislation to legalize Internet poker could decimate Pennsylvania Lottery sales, cut net profits that fund vital services for older adults and harm Lottery's 8,700 business partners, Lottery Executive Director Ed Trees said today as he urged lawmakers to oppose the effort. "The draft legislation - introduced by U.S. Senate Majority Leader Harry...

2010-12-07 13:30:00

The lame-duck Congress may be the last chance for the current Democratic majority to slip through legislation legalizing online gambling, a move that could have dire consequences for communities and the economy, a leading national gambling critic warns. Although much of the talk on Capitol Hill revolves around Bush-era tax cuts and reducing the deficit, University of Illinois business professor John W. Kindt says don't be surprised if a bill legalizing online gambling is floated by outgoing...

2010-07-29 09:12:00

LONDON, July 29, 2010 /PRNewswire/ -- PokerStars, the world's largest poker site, welcomes news of the successful mark up of H.R. 2267: The Internet Gambling Regulation, Consumer Protection, and Enforcement Act in the House Financial Services Committee by an overwhelming, bipartisan margin of 41-22. The bill, sponsored by Committee Chairman Barney Frank, offers a long overdue common sense approach to internet gaming regulation in the United States. PokerStars wholeheartedly supports...

2010-07-23 08:49:00

WASHINGTON, July 23 /PRNewswire-USNewswire/ -- Yesterday, the House Committee on Financial Services announced that the Internet Gambling Regulation, Consumer Protection and Enforcement Act (H.R. 2267), legislation introduced by Chairman Barney Frank (D-MA) that would regulate gambling in the United States, will be marked up on Tuesday, July 27, 2010 at 10:00 am in Room 2128 of the Rayburn House Office Building. The mark up, which comes on the heels of Wednesday's hearing on the...

2010-07-21 16:27:00

Full Committee Hearing Reengages Members, Positions Bill for a Mark-Up WASHINGTON, July 21 /PRNewswire-USNewswire/ -- Today, the House Committee on Financial Services held a hearing to discuss the Internet Gambling Regulation, Consumer Protection and Enforcement Act (H.R. 2267). The legislation, introduced by Chairman Barney Frank (D-MA), would regulate Internet gambling activity in the U.S. and require licensed operators to put in place safeguards to protect against underage and problem...

2010-05-19 09:29:00

House Hearing Paves Way for Movement on Internet Gambling Legislation WASHINGTON, May 19 /PRNewswire-USNewswire/ -- The Safe and Secure Internet Gambling Initiative today applauded testimony provided by Reps. Barney Frank (D-MA) and Jim McDermott (D-WA) on the ability to effectively regulate online gambling in order to protect consumers, collect tens of billions in new government revenue and create tens of thousands of new jobs in the U.S. Today's hearing before the House Committee on...

2009-12-03 12:22:00

Hearing Paves Way for Vote on Chairman Frank's Regulatory Bill WASHINGTON, Dec. 3 /PRNewswire-USNewswire/ -- Experts in the fields of online security and consumer safety testified today before the House Committee on Financial Services to address legislation introduced by Chairman Barney Frank (D-MA) that would regulate Internet gambling in the United States. Witness testimonies provided further evidence to Committee members that a regulatory framework for Internet gambling would protect...

Word of the Day
  • A cloth or covering, more or less ornamented, laid over the saddle or furniture of a horse, especially of a sumpter-horse or horse of state.
  • Clothing, especially sumptuous clothing; equipment; outfit.
  • To cover with a caparison, as a horse.
  • To dress sumptuously; adorn with rich dress.
This word ultimately comes from the Medieval Latin 'cappa,' cloak.