financial « Frugal Café Blog Zone

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Team Obama to Permit Online Gambling to Raise Billions More in Tax Revenues

| December 26, 2011

  The world of online poker will be changed as a result of a new interpretation by Team Obama of the Wire Act of 1961, which has made it illegal to place wagers via telecommunications that cross state lines or international borders. The Obama administration is hoping to raise billions more in tax revenues. And [...]

Online Gambling Bust: Three Biggest Online Poker Websites Shut Down for Bank Fraud, Money Laundering, & Illegal Gambling (video)

| April 15, 2011

  BUSTED! Executives were arrested Friday morning in Utah and Nevada and the top three online poker websites have been shutdown by the FBI. Reportedly, they were engaged in massive bank fraud, money laundering, illegal gambling — to the tune of billions of dollars. Casino billionaire Steve Wynn has cut his business ties with PokerStars. [...]

Inauguration Day Fever: Over-hype & Spending Spree Continues

| January 20, 2009

By Vicki McClure Davidson * Frugal Café Blog Zone Just a short while ago, Barack Obama was sworn in as president of the United States of America. Our newest POTUS. The craziness going on in Washington, per every news source imaginable, is beyond comprehension.  Over-hyped and totally expected. The bizarre overspending by thousands of people [...]

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