Trouble at the iCasino
Tags: EDITORIALS; INTERNET gambling -- Law & legislation; BANKING industry; POINT-of-sale systems industry; CREDIT cards; LEGISLATIVE bills; LEACH, James, 1942-
Related Articles
- E-Gambling Bill Sponsor: ICBA Stance Not Credible. KAPER, STACY // American Banker;8/7/2006, Vol. 171 Issue 150, p1
The article looks at how a last-minute objection by the Independent Community Bankers of America (ICBA) to a bill designed to curb Internet gambling hurt the legislation's chances of passing. U.S. Representative Jim Leach condemned the group saying it had tarnished its own reputation and...
- Banks Like Some Tweaks To Gambling Bill, But... Paletta, Damian // American Banker;3/15/2006, Vol. 171 Issue 50, p4
This article reports that Rep. Jim Leach, the sponsor of a bill that would restrict the use of credit cards and other payments for Internet gambling, made changes that would grant the Federal Reserve Board and the Treasury Department joint authority over implementing the legislation. Previous...
- House Quashes Online Gambling. Swindell, Bill; Smallen, Jill; Mitchell, Charlie // National Journal;7/15/2006, Vol. 38 Issue 28, p48
The article reports on the decision of the U.S. House of Representatives to approve legislation that will ban most forms of online gambling. The bill is sponsored by Representative Jim Leach (R-Iowa) and Bob Goodlatte (R-Va). It will restrict banks and credit card companies from processing...
- Retailers Eye Push Nationally After A Vermont Payments Gain. Johnson, Andrew // CardLine;5/7/2010, Vol. 10 Issue 19, p38
The article discusses the passage of a bill by the Vermont Senate, that is aimed at enabling merchants to set minimum amounts for card payments. It presents comments of merchants that support the measures, and discusses the possible enactment of the bill into law in view of intense opposition...
- Store cards: opposition party attacks high interest rates. // MarketWatch: Global Round-up;Aug2008, Vol. 7 Issue 8, p127
The author reflects on the issue of high interest rates charged on store cards in Great Britain. According to the author, the issue of store cards has already become a political hot-potato that receives claim on over-indebtedness. Proposed remedies by the Competition Commision that would inform...
- Retailers' credit cards challenge banks. // MarketWatch: Financial Services;September 2003, Vol. 2 Issue 9, p23
Reports on the threat posed by retailers to banks in the British credit card market. Overview of the market; Teaser rates and loyalty schemes offered retailers; Banks' share of the market.
- Honey, I Shrunk the Card. Kaushik, Manu // Business Today;8/10/2008, Vol. 17 Issue 16, p144
The article focuses on the move of the credit card companies in addressing economic crises in India. Most banks have increased credit cards monthly charges and reduce free credit time due to the increasing prices of all commodities. According to analysts, the credit card companies are starting...
- CEO: Amex Seeks Bank Partners of All Sizes. Kuykendall, Lavonne // American Banker;2/6/2004, Vol. 169 Issue 25, p20
New York-based American Express Co. (Amex) has extended the invitation to all U.S. Visa and MasterCard issuers, which after years of litigation may finally be able this year to market American Express and Discover cards. Large and small issuers can make money off the Amex brand, and more than...
- View from the bridge. // Credit Management;Apr2004, p14
Barclays, for its Barclaycard operation and the Royal Bank of Scotland came in for particularly savage criticism. The Square Mile is delighted that the banks are back on a roll after the dark days of the early 2000. a bit like the 52 bus, along comes another couple of excellent machines. The...
