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10 Sponsors Sign Bill to Block UIGEA ImplementationFri, May 2nd, 2008 @ 12:00am HR 5767, the legislation to block implementation of the Unlawful Internet Gambling Enforcement Act (UIGEA), was introduced just April 10 to the US House of Representatives by Congressmen Barney Frank (D-MA) and Ron Paul (R-TX), and the bill already has 10 co-sponsors, to the delight of poker players. HR 5767 specifically targets the Treasury Department and U.S. Federal Reserve, to end more work on the regulations to enforce the UIGEA. An official description on the open congress website says: The Bill would prohibit the Secretary of the Treasury and the Board of Governors of the Federal Reserve from proposing, prescribing, or implementing any regulation under subchapter IV of chapter 53 of title 31, United States Code, and for other purposes. The bill comes after much criticism raised during an April 2nd hearing, conducted by the House Financial Services Subcommittee on Domestic and International Monetary Policy, Trade, and Technology, that showed the weaknesses of and problems with the UIGEA, and echoed concerns raised in over 200 comments received during the government's open feedback period in 2007. Testimony at the hearing given by members of the Banking Industry, government officials and others demonstrated the inability of government to define transactions that may be illegal, with an already overworked US financial services industry objecting strongly to taking on that role.
The following congressmen have signed onto the new bill thus far:
All 10 supporters have already co-sponsored Frank's HR 2046 bill, the Internet Gambling Regulation and Enforcement Act (IGREA), that seeks to legalize and regulate online gambling. The bill has 48 cosponsors and is feared losing momentum, as it still has to make its way through numerous committees before it can go to a vote on the House floor. Read Related Articles:
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Couples Compete on 'Poker After Dark' This Week 'Poker After Dark' has arranged another interesting theme for their popular late-night poker series on NBC; this week's no-limit Texas hold'em tourney is called "Love at First Raise" and features three poker couples vying for the $120,000 winner-take-all first-place prize: Jennifer Harman, David Benyamine, Jennifer Tilly, Marco Traniello, Erica Schoenberg and Phil Laak. (Can you guess the poker pairs?)
World Poker Association 2008 Conference Program Announced The World Poker Association (WPA) today announced the launch of its first educational panel event for members entitled: '63 Money Making Tips to Win a Bundle at the WSOP', to be led by Mike Caro, "Mad Genius of Poker" during the WPA Inaugural Conference running May 28-29, 2008 at the Rio All Suites Hotel and Casino in Las Vegas Nevada.
PPA Rallys to Support Washington Online Poker Ban Court Challenge Lee Rousso, lawyer, former gubernatorial candidate and Poker Players Alliance (PPA) regional director for the state of Washington, finally gets his day in King County Superior Court on May 15 to challenge the constitutionality of a 2006 Washington law making online poker and online gambling a Class C felony, and the Poker Players Alliance is holding a rally immediately afterwards to show its support.
Gold and Kardashian Host Celebrity Poker Fundraiser May 17 at Playboy Mansion 2006 World Series of Poker main event winner Jamie Gold and Khloe Kardashian from E!'s show 'Keeping Up with the Kardashians' will host the third-annual Celebrity Poker Tournament and Casino Night fundraiser for the Urban Health Institute, at the Playboy Mansion in Beverly Hills California on 6pm Saturday, May 17. Over $50,000 worth of prizes will be awarded to top finishers in the tournament.
Dutch Banks Asked to Stop Serving Online Poker, Internet Gambling List A Dutch Justice Ministry spokeswoman revealed that they are asking banks to join in the fight against illegal Internet gambling by stopping services to a list of online poker and online gambling companies located in other European Union countries, in a move reminiscent of the Unlawful Internet Gambling Enforcement Act (UIGEA) of the USA, though the action is not mandatory.
Ladbrokes Sweetens WSOP Main Event Finishes with Million+ Poker Bonuses Ladbrokes just made reaching the final table of the 2008 World Series of Poker (WSOP) Main Event sweeter, by offering a revised bonus of up to a $1,000,000 sponsorship package to any of the 100+ Team Ladbrokes players who are the final nine to play in the delayed broadcast of the Main Event's final table in November. In addition, Ladbrokes is offering sizeable bonuses for top 100 finishes in the Main Event.
Seven Events Completed in Latest Full Tilt Online Poker Series After just four days of play in the eight installment of the Full Tilt Online Poker Series, seven champions have already been crowned and more than $2 million has been given away.
Full Tilt Poker to Offer $25K Heads-Up Tournament
Top Asian Poker Pros Vie for Slice of $1 Million Prize Pool Pie at APT Manila The top professional poker players with Asian heritage will be vying for their share of the $1 million guaranteed prize pool at the upcoming first stop of the Asian Poker Tour (APT) on May 27 to June 1 at the Dusit Thani Manila Hotel in the Philippines.
Casino Bill with Online Poker Ban May Be Revived in Massachusetts Despite the protests against and March defeat of his bill to build three casinos in Massachusetts and ban online poker and Internet gambling, Massachusetts governor Deval Patrick said that his casino proposal to shore up ailing state coffers may yet make a comeback. |
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