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Letter Urging Delay in UIGEA Implementation Sent by Bipartisan Group Last Friday October 2, a impressive bipartisan group sent a letter to Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke asking them to respond favorably under their Administrative Procedure Act authority to delay implementation of the Unlawful Internet Gambling Enforcement Act (UIGEA) regulations for one year, until December 1, 2010. In their press release, the group's members referred to the regulations as an "unreasonable burden on regulators and the financial services industry at a time of economic crisis."
New Poker Staking Site Announced: StakeMyChips.com SMC Group Management Ltd, operators of SendMyChips.com, just announced the launch of StakeMyChips.com, a new Staking Site where tournament players can track which friends, peers and colleagues are staking them for particular games.
Barry Shulman Defeats Negreanu for WSOPE Title Barry Shulman won the World Series of Poker Europe Main Event after an epic three-hour heads up battle with Daniel Negreanu. Shulman earned 801,603 GBP ($1,283,687) and a gold bracelet for his victory. Negreanu picked up 495,589 GBP for second place, enough to pass Phil Ivey as the all-time leading money winner in poker tournament history with over $12 million in tournament earnings. If Ivey finishes higher than seventh place at the WSOP Main Event, he will retake the top spot.
Two Nov. Nine Members and One Parent Make WSOPE Final Table The WSOPE Main Event final table leaves little doubt that poker is a game of skill. Two members of the November Nine, James Akenhead and Antoine Saout, proved that their deep runs in the WSOP Main Event were no fluke. Both players earned spots at the London final table and another chance to see each other in action before they play for even higher stakes in Las Vegas next month. Another player to make the WSOPE final table, Barry Shulman, will be observing Akenhead and Saout closely. He'll want to pass on what he learns to his son, November Nine member Jeff Shulman. Click here for final table chip counts and seat assignments.
Six More Bank Accounts Seized by Maryland Feds- Related to Bodog The Poker Players Alliance (PPA) website just posted a link to a Baltimore CityPaper article (shown below) reporting that Maryland's federal authorities have seized six more bank accounts held by a company called Forshay Enterprises, Inc., alleging that the accounts hold gambling proceeds involved in money laundering. The article speculates that the charges may be related to Bodog, who offers online poker and sports betting to U.S. customers.
World Series of Poker Europe's Main Event Hits the Money Day 3 of the WSOPE's Main Event ended with the bursting of the money bubble, meaning the remaining 36 players will all turn a profit. After shelling out 10,000 GBP to enter the event, they are each guaranteed a minimum cash of 21,142 GBP. The winner takes home a cool 801,603 GBP, equivalent to over 1.2 million USD.
58 Co-Sponsors, But is Frank's Internet Gambling Bill Out of Time This Year? This past week, four more Congressional representatives signed as co-sponsors to Barney Frank's Internet Gambling Regulation, Consumer Protection and Enforcement Act (H.R. 2267), the bill to license and regulate online Poker and Internet Gambling for US residents.
PokerStars Sets New Guinness World Record for Poker Again PokerStars.com, the world's largest online poker site, has shattered its own Guinness World Record for hosting 'THE MOST PLAYERS AT AN INTERNET POKER ROOM' at an online tournament held Sunday September 6, 2009. They recorded 307,016 players at 42,814 tables playing online poker simultaneously. This passed their old record by over 100,000 players.
British on Top after Day 2 of World Series of Poker Europe Main Event More than 175 players began Day 2 of the WSOPE's Main Event, but only 92 lasted through the night. Ian Munz, a resident of London, ended the day as the dominant chip leader. Munz has nearly double the chip stack of his closest competitor, Englishman Praz Bansi. Click here for Day 2 chip counts and photos.
Entraction Ends Boss Media-IPN Contract, Cardroom2 to Close Yesterday, Sweden's Entraction Holding AB (formerly known as 24hPoker) said it has terminated its contract with Boss Media's International Poker Network (IPN), and will be closing down its Cardroom2 online poker room by the end of this year, reports Gaming Intelligence. Entraction will continue to operate its online poker site. |
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