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And until Chairman Powell’s words grow to be, as Nixon’s press secretary Ron Ziegler once put it, “no longer operative,” the Fed can now not lend to you. It also raises my antenna anytime I see the phrases “consumer protection” in a invoice. New York Republican Congressman Peter King, in early June introduced the lengthy winded Internet Gambling Regulation, Consumer Protection Act of 2013. In response to King, this invoice would create “a common federal commonplace (to) ensure robust protections for consumers… The 2006 UIGEA (Unlawful Internet Gambling Enforcement Act) clarified and expanded on the 2002 Wire Act and spelled the dying knell for many web gambling sites. Following the Unlawful Internet Gambling Enforcement Act of 2006, many online casinos stopped accepting US players. A Fantasy Contests Consumer Protection Act would regulate video games during which gamers draft fantasy "teams" composed of players from multiple groups in a given sports reminiscent of NFL soccer. Every day fantasy sports allows you to draft your workforce, place your wager, and get paid, all in someday… Forbes Business Council is the foremost growth and networking organization for business homeowners and leaders. Former Forbes Councils Member. At GambleUSA, we solely recommend authorized, licensed US online casinos.
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