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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 :

Advantages of online slots over slot machines - The rise of online casinos means that players no longer have to leave their own house to play casino games.

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

New MPN Poker Rooms Tower Torneos - Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<

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