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The following information has been put together by www.Recentpoker.com after discussing the current situation with our attorneys. You may reprint this info as long as you leave the copyright information intact.
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So Im sure everyone has heard by now that it is all over for U.S. Poker players and gamblers. Im here to tell you that is not completly true , and i will explain it in plain english why .
The Gambling act of 2006 is targeting financial institutions "Banks" and "credit Card Processors" from making
transfers to online gambling sites , this is nothing new. I know from personal experience that i have not been able to make a credit card transfer to a gambing site since 2001 . Most online gamblers do not use Credit cards to fund there accounts they use 3rd party processors such as neteller , payspark or moneybookers.
It is worth noting that the act is primarily related to financial transactions between gaming businesses and banks and no penalties have been introduced to to discourage individual citizens who wish to play poker online. We will continually monitor the legislative changes and obtain detailed legal advice on this situation, but for now it is business as usual for most rooms.
Some of the publicaly owned poker sites such as Partypoker and Pacific Poker has stopped accepting wagers from U.S. players for the time being untill the bill is clarified as there is still some confusion on what the bill means , and they may resume gaming at any time once the law is clarified.
Now heres a little advice stay away from small unknown poker rooms , the reason being is they might use this law as a reason to not pay you , so i would advise sticking with the major guys that are still accepting wagers from the United States , Such as Poker.com , Hollywoodpoker.com , or Ultimatebet.com . Of course there are many other casinos and poker rooms accepting U.S. players and we are currently contacting all online rooms and are completing a complete list of all Honest gaming sites that are still accepting U.S. wagers , you may find the list at U.S. Allowed Poker Rooms And Casinos.
BEtfair fiscal period Q3 and FY 2015 -
The UK online gambling group Betfair plc has posted its interim management statement for fiscal period Q3 and FY 2015 ended 31 January 2015, reporting an impressive set of key performance indicators that includes:
Revel Deal Still Not Final -
Florida property developer Glenn Straub may have thought his sale agreement and payment of $82 million to the owners of the bankrupt Revel building in Atlantic City sealed the acquisition deal but on Wednesday Judge Gloria Burns refused to ratify the sale and extended the sales window by a further week.
Las Vegas Sands WIns intellectual property case -
The major US land gambling group Las Vegas Sands, owned by multi-billionaire Sheldon Adelson, has successfully concluded another intellectual property case to protect its trademark and brand intellectual property.
New Jersey Senators weigh in on Restoration of the American Wire Act -
Pro-online gambling New Jersey Senators Jim Whelan and Ray Lesniak have joined the Congressional debate on the proposed Restoration of the American Wire Act, corresponding with local media leaders and urging them to publicly oppose the attempt to ban most forms of online gambling.
Bet365 facing legal action in Australia for misleading representations -
One of the industry's biggest online gambling operators, the Coates family's Bet365 group, is facing legal action Downunder from the Australian Competition and Consumer Commission, which claims that the company's free bet or deposit bonus offers made "misleading representations" to punters in breach of Aussie consumer laws.
Mixed earnings results for Sportech -
Sports betting and pools operator Sportech, presenting its preliminary results for the twelve months ending December 31, 2014, said its focus on highly regulated markets had resulted in a strong performance from its Sportech Racing and Digital division and a satisfactory performance from its Football Pools product, however, its Sportech Venues business environment remained challenging.
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