No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
Gambling Investors Sue Mutual Funds
4/9/10 - Shareholders of two Vanguard Group Inc funds have launched litigation in a Delaware court against the company and fund executives for allegedly investing their money in four illegal offshore Internet gambling businesses, reports the news agency Reuters.
The case again raises the question of whether mutual funds can be held liable for their investments in foreign firms that later face prosecution.
The same plaintiffs were unsuccessful in a similar Manhattan court case in 2008, where the judge ruled that the shareholders were injured by a U.S. government crackdown on Internet gambling [the UIGEA] which damaged the businesses of online gambling companies, and not by Vanguard's investment in the gambling firms.
Plaintiffs represented by New York attorney Thomas Sheridan seek to hold mutual fund companies liable for their investments in online gambling companies, and similar actions have been filed in Missouri and New York against Kansas City-based American Century Investments and in California against Los Angeles-based Causeway Capital Management LLC. All have so far proved unsuccessful.
The suits claim that the funds' investments in online gambling companies were wiped out when the U.S. government began cracking down on illegal offshore gambling businesses in 2006. The act and subsequent enforcement actions led to withdrawal from the US market and serious commercial damage to a number of major online gambling companies, impacting the investors in those companies.
The Delaware lawsuit alleges that Vanguard International Equity Index Funds and Vanguard Horizon Funds unlawfully invested money in illegal gambling businesses. The plaintiffs are listed as Marylynn Hartsel of Florida and South Carolina resident Deanna Parker, who seek class-action status on behalf of investors who bought shares in the funds before July 17, 2006.
Reuters reports that among other things, plaintiffs claim that even before the 2006 law was passed, investors should have heeded many warning signs, including a notice in PartyGaming's 2005 prospectus that its activities were seen as illegal by authorities. Neteller made similar comments in its 2004 prospectus, the suit states.
The lawsuit alleges that Vanguard and Vanguard fund managers and trustees knew they were violating U.S. criminal laws by investing in Sportingbet, PartyGaming, Bwin Interactive Entertainment AG and Neteller.
John Woerth, a spokesman for Vanguard, told the news agency: "We feel it is important to emphasize that Vanguard adheres to the highest ethical standards in every aspect of our business. We believe that the plaintiffs' case is without merit, and we intend to defend the matter vigorously."
Source: Delaware Chancery Court, Case No. 5394
Gambling News :
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.
The Railbird Launched By Americas Card Room #acra -
Watching your friends conquer the tables just got a whole lot easier. Americas Card Room recently launched its industry-first Player Observer Tool dubbed “The Railbird”, a new feature that allows players seated at Americas Card Room tables to instantly share a live stream of their action with friends.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.