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Pokerstars US business as usual

The $300 million "settlement" and Wire Act guilty plea by Party Gaming founder Anurag Dikshit last week prompted the regional newspaper Isle of Man Today to ask locally-based online poker operator PokerStars.com for comment, postulating that the mood of the US authorities is growing increasingly hostile.
 
The newspaper made the point that the action against Dikshit is a move that doesn't directly affect e-gaming businesses that have set up on the island, many of which are targeting the European and Asian rather than US markets.
 
Paul Telford, head of legal services at Poker Stars, told the newspaper: "As far as we are concerned it's business as usual. It doesn't affect the company. This doesn't change the law; no precedents have been set.
 
"But it will give us food for thought as to the bigger impact. The situation is very fluid so there is little point in commenting further."
 
Asked for his reaction, Garth Kimber, head of e-gaming development at the IOM Department of Trade and Industry, said: "We are monitoring the situation closely to look at any potential impact."
 
Meanwhile, delegates to a seminar held in Douglas heard that e-gaming is well-placed to ride out global recession, the Isle of Man Today reported. Delegates at the seminar, organised by Global Betting and Gaming Consultants Ltd, included representatives from the Department of Trade and Industry.
 
Chief executive Warwick Bartlett told delegates that his company is constantly being asked how the global recession was likely to affect e-gaming.  He said this was a question difficult to answer as there is no comparable data.
 
"Gambling benefits from not being a big ticket item," he said.  "Whereas people will stop spending on cars and moving house they will continue to have a pint and have a bet.
 
"The global roll out of broadband is also assisting the growth of Internet gambling. So it is far more resilient than the traditional land-based betting shop or casino."
 
He emphasised that while the Isle of Man had done well from hosting financial services companies, it was not beneficial to be too reliant on one business sector and it was in everyone's interest to promote the Island as an e-gaming centre.



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MPN Charity Poker Tournament at ICE 2017 - During what was a busy three-days for Microgaming at ICE Totally Gaming 2017, the MPN team enjoyed a charity poker tournament with Microgaming operators on Tuesday 7 February.

US$30M DUBAI WORLD CUP - Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines

NHL Odds: Forsberg Faces Elliott in Nashville - The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.

Sit & Go 2.0 launched online exclusively at Americas Cardroom - Get ready to cheer like a champion before the first flop is even dealt. The much-anticipated Sit & Go 2.0 is now launched online exclusively at Americas Cardroom and Sit & Go players are reaping the benefits of the next evolution of poker.

NBA Odds: Hawks, Wiz in Southeast Showdown - The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.

Mega Moolah progressive jackpot Hit Again - Microgaming’s Mega Moolah progressive jackpot slot has been hit yet again at just over €6.6 million!

NBA Odds: Clippers Try to Slow Down Bucks in LA - Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.

NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

NHL Odds: Reeling Flyers Seek Relief in Pittsburgh - #nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.

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