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Poker news tagged with 'uigea'

« Poker News

News tagged with uigea:
(max 50 results shown)


jul
30

USA: A step in the right direction

Tags: uigea, unlawful Internet Gambling Enforcement Act, usa
Posted on 30 July 2010 by "T".

It is a very long way to go before gambling companies can offer games in the U.S., however, it feels like things are moving in the right direction at the moment as the majority of the congressional finance committee have approved a proposal to allow online gambling in the states.

Now, as you probably already have figured out, they must work out a master plan with guidelines so that the country can gain some extra income from allowing foreign betting companies to operate on the US market. There are about 50 million Americans who play poker regularly (online, at casino, home games etc), so you can imagine how much money there is to make.

Read more » USA: A step in the right direction

jul
2

Good news for poker players in Florida

Tags: florida, gambling, gaming law, high stakes, poker, UIGEA
Posted on 02 July 2010 by "T".

Very good news for poker players in Florida. On June 1, 2010, a new state law went into effect. The new law allows card rooms across the state to extend the opening hours and raise the buy-ins for no-limit poker games, as well. High stakes games will now be legal at 23 poker rooms run by horse and dog tracks and jai alai frontons. The new law also will let the Seminole Tribe to lift limits at its seven casinos, including the Hard Rock Casino in Tampa. Poker tournaments were held to a $1,000 maximum buy-in before, but now that limit has been removed plus that cardrooms at parimutuel facilities can now be open for 18 hours Sunday-Thursday, and 24 hours on Friday and Saturday.

Many poker analysts believe that the new law will open the door for televised tournaments played by pros to take place in the state of Florida.

 

mar
3

VISA blocks online gambling transactions

Tags: america, blocks, gambling, mastercard, uigea, Unlawful Internet Gambling Enforcement Act, us, visa
Posted on 03 March 2010 by "T".

It wasn't long ago since MasterCard announced that they are going to block Americans from making transactions to online gambling sites. Now, MasterCards biggest opponent VISA follows and block their American customers as well. That both the credit card giants VISA and MasterCard have decided to block Americans from making transactions to gambling sites is a clear sign that UIGEA (Unlawful Internet Gambling Enforcement Act) will soon come into effect (1 June 2010).

We will have to wait and see how effective the UIGEA law will be since there are a lot of problems which the american authorities need to solve before the law will be effective - in other words, stop americans from finding other ways of transferring money.

 

feb
24

The new gambling law which upsets the whole Norwegian poker community

Tags: casino, gambling law, moneybookers, neteller, norway, poker, UIGEA
Posted on 24 February 2010 by "T".

A new gambling law which upsets the whole Norwegian poker community has just been passed into law by the government of Norway. The new law will make it illegal for banks in Norway to process transactions to casinos and poker/casino/betting sites outside Norway.

How they will stop people from using Neteller, MoneyBookers and other e-wallets - we will just have to wait and see. The new law will come into effect on 1 June 2010 - the same day as the US Unlawful Internet Gambling Enforcement Act (UIGEA) will come into effect. 

Are you afraid that similar laws will be introduced in your country?

 

mar
5

PricewaterhouseCoopers Study Shows Online Gambling Could Produce $52 Billion in Revenue over Next Decade for U.S.

Tags: UIGEA, USA
Posted on 05 March 2009 by "M".

The accounting firm PricewaterhouseCoopers has shown that the US would be able to benefit a lot from a regulated poker market. Since the UIGEA was introduced in 2006 it has been very hard for US players to play poker online. And since the government are stating that it is illegal to play poker online if you are a US citizen they are missing out on a lot of tax dollars.Read more » PricewaterhouseCoopers Study Shows Online Gambling Could Produce $52 Billion in Revenue over Next Decade for U.S.

dec
16

PartyGaming Owner Makes a Deal with US DoJ

Tags: Anurag Dikshit, DoJ, PartyPoker, UIGEA
Posted on 16 December 2008 by "T".

Today the online gaming portal PartyGaming revealed that they are close to making a settlement with the US Department of Justice (DoJ) in order to avoid a criminal plea.

This announcement was made before they were expected to appear in court in New York. Anurag Dikshit is the biggest shareholder in PartyGaming and he was the one who was expected to show up in court and plead guilty to a charge relating to taking wagers over the internet from US players.Read more » PartyGaming Owner Makes a Deal with US DoJ

oct
10

Duplicate Poker Forced to Close Down

Tags: Duplicate Poker, economic crisis, UIGEA
Posted on 10 October 2008 by "M".

The online poker site Duplicate Poker launched their site about three years ago but are now forced to close down due to the current financial situation in the world. Duplicate Poker offered a kind of poker where all the players were dealt the same hands and the winner was the player that managed to win the most chips in that hand. Read more » Duplicate Poker Forced to Close Down


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