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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 :

Oink Country Love Slot Launches - Oink Country Love will have players tapping their feet to the country beat with the lovable Oink Bros, Willy and Chancho, who are trying to win over the heart of Miss Southern Charm in this five by three reel, 45-line online slot.

Tim Chung Wins MPNPT Manchester - The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.

MPNPT Manchester Day 2 - Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.

Day 1B MPN Poker Tour Manchester - Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.

Day 1A MPNPT Manchester - The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days

Kung Fu Rooster Slot Goes Live - Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.

Sensational Sixes Slot Goes Live - Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!

3 New Betsoft Slots - 3 new Betsoft slot Games were also added this week to most online casinos allowing US players.

2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

Pokerstars Pulls Out Of Coloumbia - Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.

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