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LockPoker Changes to EU domain
Written on 5/26/11 :
Dotcom no longer safe from enforcement actions in the USA
In addition to turning away business from five US states as a member of the Merge Poker Network this week, Lock Poker has taken the wise precautionary move of switching from a .com domain extension to a .eu.
No reason was given for the move, but there has inevitably been speculation that US-vulnerable domains that can be seized by enforcement authorities in that country are no longer a good idea for US-facing online poker operators.
Major operators such as Doyles Room and Bodog are already using .ag and .eu alternatives.
In related news, the owners of sports betting site BetED.com have confirmed to online information portal Covers.com that they have shut down their business following US federal indictment action that included freezing bank accounts.
On Monday, the BetED.com domain was seized, and ThrillX Systems Ltd, which was doing business as BetEd, was accused of banking offences following revelations that federal investigators had used entrapment tactics by forming their own e-cash processing company.
Canadian founders Darren William Wright and David Parchomchuk were indicted but presently remain beyond the reach of US law, but the company reportedly closed its Costa Rican-based office Wednesday amid speculation that federal bank account seizures had destroyed or seriously impaired its financial capability.
Covers.com reported on its exchange with the owners:
"betEd is out of business. Period. There will be no alternate site launched. They came to this conclusion upon the recommendation of their lawyers.
"And to top it off... the American authorities have seized all of the players’ money. There is no middle ground here. The money is gone until the authorities decide to give it back."
Covers informed its readers that the betEd duo had not "cut and run with the money."
"Yes, they have cut, and maybe they plan to run, but they have no money," the information site claimed. "They are victims too. In fact, they are currently liquidating their personal assets to fund the lawyers fees they will soon be needing."
The federal action in freezing bank accounts in several countries could result in a long and stressful process before players recover monies owed to them. Industry observers note that in previous actions players had to apply to federal officials and undergo a long and arduous process before recovering their funds from seized accounts once official investigations had been completed.
Gambling News :
$400k Winner at Bodog Casino -
To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.
NBA : Warriors Win the West; NBA Finals Next -
The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.
PartyPoker Rakebak -
Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.
NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
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