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Posted: Sat, 30 Sep 2006, 10:03am Post subject: Online Gambling Prohibition News |
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4-of-a-Kind
Joined: 06 Aug 2006
Posts: 2483
WPP: 68
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I'm sure a lot of people are interested in reading articles about the ban, about why the ban will fall, etc.
I sure am.
If you find any articles that have any relation to the ban please post them here!
EDIT by Xianti: Please post all relevant links to news articles (as opposed to other speculative forum discussions) here.
Comments regarding these new developments should be posted here:
http://www.flopturnriver.com/phpBB2/forum/poker-44332.htm |
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Posted: Sat, 30 Sep 2006, 10:55am Post subject: |
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Radministrator
Joined: 04 Dec 2003
Posts: 4982
WPP: 104
Location: Redondo Beach, CA
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Posted: Sat, 30 Sep 2006, 11:05am Post subject: |
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Radministrator
Joined: 04 Dec 2003
Posts: 4982
WPP: 104
Location: Redondo Beach, CA
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Posted: Sat, 30 Sep 2006, 1:27pm Post subject: |
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Radministrator
Joined: 04 Dec 2003
Posts: 4982
WPP: 104
Location: Redondo Beach, CA
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Posted: Sat, 30 Sep 2006, 2:31pm Post subject: |
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Full House
Joined: 08 Aug 2006
Posts: 809
WPP: 72
Location: wisconsin
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Posted: Sat, 30 Sep 2006, 2:49pm Post subject: |
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Season I
Joined: 02 Jul 2004
Posts: 2350
WPP: 74
Location: Dallas, TX
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Posted: Sat, 30 Sep 2006, 10:32pm Post subject: |
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Full House
Joined: 08 Aug 2006
Posts: 809
WPP: 72
Location: wisconsin
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same source, gambling911.com
interesting---
"Republican Source: No Big Deal" "The Bill will change very little"
http://www.gambling911.com/internet-gambling-bill-100106.html
| Quote: | It is a big deal, however, to the online gambling sector, with a number of publicly traded firms expected to release statements on Monday.
Andrew McIvor, the finance director of Sportingbet, which takes most of its bets from the US market, told the Belfast Telegraph Saturday night: "We have not discussed it (the bill) yet as a board and have not taken on what it really means for the company as yet. Things will unravel during the week."
Others have suggested to Gambling911.com that countries - quite possibly the online gambling Mecca of Gibraltar - may be considering legal action against the United States with the island nation of Antigua a near sure bet to follow.
Legal advisors for one major online payment processor have already indicated to Gambling911.com they plan on joining in on any pending litigation that might materialize as a result of this bill. A third party risk meeting is slated this coming Thursday in London. | |
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Posted: Sun, 01 Oct 2006, 5:07pm Post subject: |
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Flush
Joined: 31 Jan 2006
Posts: 441
WPP: 120
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Posted: Sun, 01 Oct 2006, 9:19pm Post subject: |
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Radministrator
Joined: 04 Dec 2003
Posts: 4982
WPP: 104
Location: Redondo Beach, CA
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Posted: Sun, 01 Oct 2006, 10:13pm Post subject: |
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Radministrator
Joined: 04 Dec 2003
Posts: 4982
WPP: 104
Location: Redondo Beach, CA
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Posted: Sun, 01 Oct 2006, 10:29pm Post subject: |
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Radministrator
Joined: 04 Dec 2003
Posts: 4982
WPP: 104
Location: Redondo Beach, CA
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Posted: Sun, 01 Oct 2006, 10:53pm Post subject: |
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Administrator
Joined: 04 Dec 2003
Posts: 1735
WPP: 218
Location: on my laptop
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Posted: Sun, 01 Oct 2006, 11:23pm Post subject: |
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Administrator
Joined: 04 Dec 2003
Posts: 1735
WPP: 218
Location: on my laptop
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Posted: Sun, 01 Oct 2006, 11:25pm Post subject: |
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4-of-a-Kind
Joined: 04 Mar 2005
Posts: 3477
WPP: 51
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Posted: Sun, 01 Oct 2006, 11:25pm Post subject: |
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Radministrator
Joined: 04 Dec 2003
Posts: 4982
WPP: 104
Location: Redondo Beach, CA
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"Reaction To Online Gaming Bill Vehement And Outraged"
http://www.pokernews.com/news/2006/10/reaction-online-gaming-bill-vehement-outraged.htm
"With the legislation passed, it is now clear what the American poker player has to do and that is exercise the power of the vote to clear the Congress of those who voted for the online gaming legislation.... Now poker players must exorcise these representatives for their disregard for their constituents." |
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Posted: Sun, 01 Oct 2006, 11:25pm Post subject: |
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4-of-a-Kind
Joined: 24 Oct 2005
Posts: 2541
WPP: 116
Location: at your tables, calling your bets
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Posted: Sun, 01 Oct 2006, 11:57pm Post subject: |
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4-of-a-Kind
Joined: 04 Mar 2005
Posts: 3477
WPP: 51
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From partygaming.com...
"As a result of this development, the Board of PartyGaming has determined that if the President signs the Act into law, the Company will suspend all real money gaming business with US residents, and such suspension will continue indefinitely, subject to clarification of the interpretation and enforcement of US law and the impact on financial institutions of this and other related legislation."
Suspend all real money gaming business indefinitely??? |
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Posted: Sun, 01 Oct 2006, 11:58pm Post subject: |
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Flush
Joined: 15 Dec 2004
Posts: 468
WPP: 91
Location: Vancouver, BC, Canada
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That means if you're a US resident, get your money off 888.com and PartyPoker... Just to be safe.
-Chris |
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Posted: Mon, 02 Oct 2006, 12:31am Post subject: |
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4-of-a-Kind
Joined: 04 Mar 2005
Posts: 3477
WPP: 51
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| well i'm too tired to monitor the headlines any longer. i'll see everyone tomorrow and hopefully the world will not have ended... |
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Posted: Mon, 02 Oct 2006, 12:38am Post subject: |
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Full House
Joined: 12 Jan 2005
Posts: 1461
WPP: 122
Location: wearing the honors of honor and whatnot
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the same bulletin that mcatdog posted is also available as a pdf from partygaming.com
oh by the way
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Posted: Mon, 02 Oct 2006, 12:57am Post subject: |
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Full House
Joined: 12 Jan 2005
Posts: 1461
WPP: 122
Location: wearing the honors of honor and whatnot
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the gambling911 article a few posts above says this | Quote: | | Sportingbet is expected to continue operating in the US market despite legislation that pushed through Congress late Friday night which would prohibit US banks from sending payments to online gambling sites. |
that's pretty optimistic/misleading/wrong.
Link
| Quote: | LONDON, Oct 2 (Reuters) - Online gaming group Sportingbet Plc (SBT.L: Quote, Profile, Research) said on Monday it would scrap a planned merger and might stop doing business with U.S. customers after legislation was passed there aimed at preventing gambling over the Internet.
"Should Sportingbet's non-U.S. international banking partners determine that the act applied to them, then Sportingbet would no longer be able to take deposits from U.S. residents and this would have a material impact on the company's trading performance," it said in a statement. | |
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Posted: Mon, 02 Oct 2006, 1:03am Post subject: |
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Full House
Joined: 28 Nov 2004
Posts: 633
WPP: 174
Location: Location: Location
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Posted: Mon, 02 Oct 2006, 1:23am Post subject: |
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Full House
Joined: 12 Jan 2005
Posts: 1461
WPP: 122
Location: wearing the honors of honor and whatnot
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| damnit! i just cut out the neteller thing to post that too. all that wasted effort. |
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Posted: Mon, 02 Oct 2006, 3:36am Post subject: |
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4-of-a-Kind
Joined: 22 Nov 2005
Posts: 3870
WPP: 101
Location: ISHPERMING MISHIGEN
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| Wow... just wow.. I can't believe all of this... It's surreal.. |
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Posted: Mon, 02 Oct 2006, 4:04am Post subject: |
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Straight Flush
Joined: 07 Jul 2005
Posts: 7494
WPP: 135
Location: Sydney
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