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Poker Group's Lobbying Raises Online Law
The Poker Players Alliance spent $900,000 in 2007 to lobby the federal government on online- gambling legislation.
The group, which says it represents 800,000 poker enthusiasts nationwide, lobbied on a bill that would exempt poker from a law that restricts online gambling, and for legislation that would regulate the Internet gaming industry, according to a disclosure form posted online Feb. 15 by the Senate's public records office. The alliance spent $780,000 lobbying on those issues in the second half of 2007.
It's legal to play poker online, but the law made it illegal for domestic banks and credit-card companies to process payments to online gambling businesses. The act, passed in 2006, bars financial institutions from handling gambling transactions, with exceptions for lotteries, horse racing and fantasy sports.
The Poker Players Alliance is chaired by former New York Sen. Alfonse D'Amato.
Lobbyists are required to disclose activities that could influence members of the executive and legislative branches, under a federal law enacted in 1995.
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Gambling News :
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
Team Hot Launches -
#teamhot The Philippines licensed and GGNetwork-powered online poker operator Natural8 has announced the appointment to its "Team Hot" professional player line-up of Asian poker aces Kitty Kuo, Xuan Liu and Dong Kim.
Netent Q3-2016 Earnings Report -
#netent The UK continues to be an important growth driver but the weaker pound had an estimated negative effect of about three percentage points on revenue growth compared to the same quarter last year.
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