|
PokerPages > Poker News > Poker News
Poker News - Poker News
Search News:
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:
More Poker News Articles
World Series of Poker Event 54: Tony Veckey Wins Event 54 sold out in a hurry as 2,818 people gobbled up all of the seats for the last low buy-in No Limit Hold''m tournament of the World Series of Poker. This was a new event added to satisfy the enormous public demand for this level of event. $1,500 from each of the entrants produced a prize pool of $3,846,570, with payouts down to 297.
World Series of Poker Event 52: German Jorg Peisert Wins Jorg Peisert from Dusseldorf, Germany won the inaugural Triple Chance No Limit Hold'em event at this year's World Series of Poker. Peisert outlasted 853 other players who put up $3000 to play in this No Limit Hold'em event. The total prize pool was $2,357,040 and 81 players took home a cut. 81st place took home $5,892, but the lion's share, $506,800, went to Peisert. On the final day, Peisert started in 6th chip position and worked his way up to a chip juggernaut, eliminating players and collecting chips along the way. Notable players who cashed in this tournament include, Eric 'Rizen' Lynch (12th), An 'The Boss' Tran, Mike 'The Mad Genius of Poker' Caro (23rd), and Antonio 'The Magician' Esfandiari (24th).
World Series of Poker Event 53: New Orleans Resident David Halpern Wins David Halpern from New Orleans, LA won the $1500 Seven Card Stud Hi-Lo 8-or Better Event at the 2009 World Series of Poker. Halpern outlasted 467 other players to win $159,048 for winning the tournament. Halpern has already cashed once this year (Pot Limit Omaha), but this is his first WSOP bracelet. The $657,455 prize pool was spread out amongst 48 players who cashed. Halpern battled William Kohler for over three hour heads-up. Battled is a strong word, as both players seemed enamored of each other and even went to dinner together during the break. They traded the chip lead back and forth until Kohler seized it for good. Other notable players who cashed includes Chad Brown (4th), Matt Savage (5th), Andy Bloch (23rd), and Norman Chad (32rd).
World Series of Poker event 49: David Bach Wins $50K HORSE Event The 2009 $50,000 HORSE event attracted 95 of the world's best poker players. The number of entrants decreased from the previous year which attracted 148 entrants. As play began, player's speculated as to the reason why the numbers decreased so dramatically. Was it the economy? Was it Scotty Nguyen's drunken tirade last year? Many believed that it was ESPN's unfortunate decision to not televise this year's final table. Even though the field decreased, the players still had a full five days of play. 87 players would be eliminated on the way to a star studded final table. After 20 hours of play, David Bach was proclaimed the winner of the 2009 $50,000 HORSE event. He took home the bracelet, the Chip Reese Memorial trophy, and the $1,276,806 first place prize.
World Series of Poker Event 55: Abe Mosseri Wins First WSOP Bracelet Abraham Mosseri from New York City won the $2,500 Deuce to Seven Lowball (Limit) event at the 2009 World Series of Poker. Mosseri outlasted 257 other players to win $165,513 and the accompanying gold bracelet. This is Mosseri's first WSOP bracelet and third cash. This was his 2nd final table of this year's Series. Mosseri and others amassed a prize pool of $593,400. Only 24 players got a piece of it though. Mosseri ended Day 1 in 13th place with 39,100 in chips. By the end of Day 2, Mosseri was the chip leader with 447,000. Mosseri maintained his chip lead through most of the day. It would come down to him and Masayoshi Tanaka, who started the day with second most chips. Tanaka had the lead as heads up began, but it was meant to be for Mosseri who played aggressively and caught cards at the right time to eventually eliminate Tanaka. Notables at today's final table included three time bracelet winner John Juanda (4th), Blair Rodman (5th) and Nam Le (9th). Daniel Negreanu cashed in 16th and Hasan Habib finished in 18th.
World Series of Poker Event 51: Carsten Joh Wins Sold Out NLHE Event Carsten Joh defeated a sellout crowd to win his first bracelet in the penultimate $1,500 No Limit Hold'em event of 2009. Joh beat Andrew Chen heads up to bring home Germany's first bracelet of the Series. The event began with a largely amateur crowd, and the big names that made it to Day 2 quickly found themselves on the sidelines. Men Nguyen, Tony Cousineau, and Matt Brady outlasted most of the field but failed to make it to Day 3.
World Series of Poker Event 50: Greg 'FBT' Mueller Wins 2nd '09 Bracelet The $1,500 Limit Hold'em Shootout should put to rest any questions about the skill required to play Limit. By the time the event was down to two players, it was a heads up match between the owners of the last two Limit bracelets awarded at the WSOP. Greg 'FBT' Mueller defeated Marc Naalden to win his second bracelet of the year, making him the fourth person to claim more than one in 2009. Naalden now has 1st and 2nd place finishes in Limit tournaments this year. He also cashed in a Mixed Hold'em event.
World Series of Poker Event 48: Brandon 'any2cantu' Cantu Wins After finishing runner-up at a final table a week ago, Brandon Cantu got a second chance to win a second bracelet in the $1,500 Pot Limit Omaha Hi/Lo Split event. This time, Cantu closed the deal in a tough heads up match with Lee Watkinson and picked up the WSOP gold. Brandon 'any2cantu', known for his creative and sometimes loose style of play, was as shocked as everyone else when he turned over Aces more than ten times on Day 2. "This is the hottest streak I've ever been on in my life," he told Phil Hellmuth, who was eliminated in 14th place. By the time the field was narrowed to 25 players, Brandon had nearly 25% of the chips in play.
World Series of Poker Event 47: Bahador Ahmadi Wins Bahador Ahmadi is having an amazing Series. After finishing 4th in his first WSOP cash at the beginning of June, he is now the owner of a $2,500 Mixed Hold'em World Series bracelet. He had to outlast a field of 527 and an extremely difficult final table in order to claim the title.
World Series of Poker Event 45: John Kabbaj Wins After finishing as runner-up five years ago and 8th in this event last year, John Kabbaj has finally earned his first bracelet in Pot Limit Hold'em, the game he considers his specialty. On Day 3 of the PLH Championship, 14 hopefuls returned to play to a winner. Vanessa Rousso, who finished 15th, just missed the cut. Once they played down to the impressive final nine, it was clear it would be a long and difficult fight for the bracelet. Short-stacked Daryll Fish was eliminated in 9th place, earning his 7th cash of the 2009 Series. Isaac Haxton, who earned over $1 million for his 2nd place finish in the $40,000 40th Anniversary WSOP event, busted in 8th place. Eugene Todd left his 3rd WSOP final table in 7th place, followed by Jason Lester in 6th. Lester's elimination gave him is 9th cash of the Series, the most of any player so far this year. Mexican PokerStars Pro J.C. Alvarado went out in 5th. |
Online Poker »
Double up your 1st $50 deposit And play in the Sunday Million ! 100 WSOP Seat Giveway-on NOW! & Main Event, Event 54 satellites 100% Sign up bonus up to $600 at Full Tilt Poker WSOP thrills-Without going to Vegas Play in Freeplay WSOP events now! Poker News »
Blog Coverage
Top News
World Series of Poker Event 54: Tony...
World Series of Poker event 49: David... World Series of Poker Event 55: Abe... Top Tournaments
|
All Poker and free play poker content ©2009 Advanced Global Applications, LLC. All rights reserved.
If you or someone you know has a gambling problem, visit either: National Council on Problem Gambling or Gamblers Anonymous International Service


.gif&contenttype=gif)

