Full Tilt Poker lands in France

Posted by admin on 15 Aug 2010   |   0 comment   |   Filed in News

Full Tilt Poker lands in France. The news was made official opening FultTiltPoker.fr these days by senior American and the poker room note responds to the license obtained by ARJEL 26 July (the French counterpart of our AAMS) to operate as a collection site Transalpine territory.

Among the first professional players who lends his face as testimonial Full Tilt France stand out the names of David Benyamine and Pascal Perrault.

Play Casino Games at Online Casino Tropez

It ‘s so that one of the most successful online poker room in the world is entering a very promising market going to counter competition from PokerStars.fr and 25 other players such as Bwin, PartyGaming, Everest Poker, BetClick, iPoker and Microgaming.

Another actor is set to bow out from the world of games. This time it touched the Riviera Holdings Corp., which already has a number of casinos in Las Vegas and Colorado. Filed for bankruptcy, the so-called Chapter11 bankruptcy laws in the U.S. Court of Las Vegas. The current recession has forced many companies in the field of games of ‘chance to pay a pledge, this time really losing the mail more valuable, the very existence. There are many companies that sector from 2008 to now have been forced into bankruptcy. In this case, the main holdings of Riviera Holdings are the eponymous hotel-casino in Las Vegas and Riviera Black Hawk, Colorado.

The debts have risen to the enormous figure of 248 million dollars, that you can not proceed with the ordinary. Since the procedure was presented Chapter11 (not triggering the transfer of assets), the public hopes that the property can continue to operate as usual during the whole procedure.

The main reason given for the difficult situation which requires the company to search for liquidity is closely linked to the recession that has robbed the casinos and gaming halls in hotels attached.

But every shadow creates a zone of rest for others. In fact over the last two years there has been a boom in online gaming. Have multiplied the sites that let you gamble with many of the “hobbies” that were once only in theaters. It is not like being around a green table with lots of blacks and sunglasses dealer with the crisis but learns to adapt.

USA Online Poker, speaking about legislation

Posted by admin on 20 Jul 2010   |   0 comment   |   Filed in News

Is scheduled for Wednesday July 21 the discussion about online poker called “Internet Gambling Regulation Consumer Protection and Enforcement Act” to be held at the headquarters of the House Financial Services Committee U.S..

Dscussione is the theme of the bill, submitted by the Chairman of the Commission Barney Frank, for market regulation of betting and online poker in the USA. It seems that finally something has moved within the American system that finally, at least of great surprises, try to make a move that could lead to the coffers of the state several million dollars.

The proposal reads on Agipronews is well supported by 69 political between Democrats and Republicans and is observed with special attention by the Poker Player Alliance and the game industry in general, after June 1 is the entry into force of the Deadline ‘UIGEA which required banks to block all transactions between players and poker sites.

It seems clear the new strategy applied to the online games market by American authority, if you can not beat an opponent You have them ally. It ‘was this the motto of Jim McDermott, representing the seventh congressional district of Washington and a member of the Democratic Party, which had anticipated all advancing the idea of a new law to counter the flop came with the UIGEA Deadline.

McDermott proposed a new regulation, called the Internet Gambling Regulation and Tax Enforcement Act (IGRTEA), with the idea of creating a tax system that deal with various tax laws all companies that offer poker and online gambling in the territory of USA, regolamentarizzare virtually the entire market.

Under this new bill all online gaming companies licensed by the Financial Crimes Enforcement Network (FinCEN) should pay a tax of 2 percent on all funds deposited by players online. Following this new tax regime McDermott estimated a revenue for the state of over 25 billion dollars for the first five years after enactment.

The new tax in this way would be paid solely by the operator of the game on the Internet and would not be deducted from the deposit of the player. The idea is not at all displeased at the highest political leaders who have recognized the failure that UIGEA has not only increased the numbers of online gambling illegal.

Even the PPA (Poker Players Alliance) had tried to warn the authorities that the Deadline implemented with the Unlawful Internet Gambling Enforcement Act would never be effective because it could act bans some small adjustments.

In addition, the UIGEA, which is water on all sides, was never really defined a national law because in some places the law in question refers to the decisions of a network of federal, state, local and tribal peoples to determine what is permission.

Finally it seems that American policy has noticed that this law should not be any good and that everyone, players and managers who, calling for liberalization of online gambling in the U.S., given the repeated failures also obtained from those who want to permanently lock .

The UIGEA enters into force on june

Posted by admin on 3 Jun 2010   |   0 comment   |   Filed in News

The day has come, and feared late effect of the Unlawful Internet Gambling Enforcement Act in the U.S..

UIGEA regulation is in full effect, but still online poker sites do not appear as an empty desert and post apocalypse. At this moment, 41.356 are playing cash games on PokerStars and other 17.532 at Full Tilt Poker, according to the website traffic of online poker PokerScout. “I had already announced that this date would not be a catastrophic event for poker players that would see the dimming of the online sites in the U.S.,” said John Pappas, executive director of the Poker Players Alliance. “I think there will always be channels through which players can deposit. It should not have effect on the deposit ACH (Automated Clearing House) or those outside the system of credit. So it should take effect even on people who want to deposit money on the sites.

” The PPA has had no response from Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke about the petition to clarify the effects of the UIGEA on games like poker. In this case, no news is bad news. “We have not received any notification on the acceptance of our petition but either no notification has been declined,” said Pappas. “I think we can accept the petition even after the entry into force of the law but this is very unlikely. There expect most banks to comply fully with the regulations. However, we have heard from several people who can still make deposits. ” What will the UIGEA now we know only a couple of weeks. Players must be patient with deposits and withdrawals will be clearer and the consequences. By law, the PPA will focus its efforts to push Congress to a new regulation that prohibits Americans to participate in what is traditionally one of the most popular games in America. “Our efforts are always concentrated in two directions, to see what you can do to counteract and delay the UIGEA, which we did successfully in the past four years, and try and get the regulation and licensing of online poker “Pappas said. “The next step will be the presentation of Barney Frank (his draft law on the authorization and regulation of online gaming to the House Financial Services Committee), which will take place in July. We’re focused on this and will do everything possible to get the best possible result from this vote. “