US Lawmakers Ask to Postpone the UIGEA
2 October, 2009. Autor: pokernews
by: All news, Poker and Law
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December 1 might mean the start of the Yuletide season, but for some, this means the start of the implementation of the financial rules to put in force the prohibition on online gambling.
This implementation is fast approaching, and US Lawmakers are asking the regulators to delay this by about a year.
Reasons Set Forth
The reasons set forth by the US lawmakers are very valid. For one, pushing for the implementation of the UIGEA on December 1, 2009 will put an undue burden on an already-strained financial situation, especially during the recession which is already creating such havoc in the economy. [Read][more...]
Internet Gambling Law, Here to Stay
3 September, 2009. Autor: pokernews
by: All news, Poker and Law
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Despite the efforts made by the Interactive Media Entertainment and Gaming Association (IMEGA) to get the Court of Appeals to overturn the Unlawful Internet Gambling Enforcement Act, the court still ruled in favor of keeping the act.
What is the UIGEA?
The UIGEA, which was passed by the congress of America during the year 2006, states that there should not be any transactions made to transfer funds from a financial institution to a gambling site. This, however, excludes horse racing, online lottery, and the like. The Act greatly inhibited the movements of American members of online casinos, much to the dismay of both the players and the online gambling companies. [Read][more...]
$2M Prize Pool Up for Grabs at the Borgata Poker Open Championship Event
16 August, 2009. Autor: pokernews
by: All news, Poker Tournaments
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Last year, Atlantic City's Borgata was not included in the World Poker Tour's lineup, but this year is bound to be different. This year, 2009, WPT will see its players at this prestigious hotel in Atlantic City, The Borgata, for a 16-day tournament series, from September 9, 2009 to September 24, 2009. With a guaranteed prize pool of two million dollars, this event is sure to see poker players from all over the world battling it out at the felt battleground, the poker tables.
Last 2005, Borgata held a very successful poker tournament that piqued the interest of many poker player worldwide, and because of the huge success it created, Borgata is aiming for the same. But this time, things are a bit different, especially since this casino/hotel is going to be one of the WPT lineups. [Read][more...]
Be Wary of Deceitful Bonuses
11 August, 2009. Autor: pokernews
by: All news, Poker site news
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With recession creeping up on every corner, you really have to be wary in choosing the online casino where you will be playing at. But because many players first look at the bonuses being offered by the casinos before they register, they oftentimes get hoodwinked into signing up only to find out that the requirements needed to get a hold of the promised bonus are much to steep.
One of the casinos that offer a deceitful signup bonus is the Full Tilt Poker.
100% Match-Up or $100 Signup Bonus
It really does sound good to hear that when you deposit your $100 in Full Tilt Poker, you get to receive $100 as a signup bonus in return, right? Not if you did not read Full Tilt Poker's fine print first.
Of course, you will receive your 100% match-up bonus that Full Tilt Poker promises its new members, but what they did not tell you in large print is that you are going to get it incrementally. Aside from this, the poker site has also failed to mention in large print that you still have to play several hands before you get your hands on your signup bonus. [Read][more...]






