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AGA Clarifies Position on Online Poker and Internet Gambling LegislationThu, Apr 17th, 2008 @ 12:00am American Gaming Association President and Chief Executive Officer, Frank Fahrenkopf, wrote a letter to the Las Vegas Review Journal to clarify the AGA's position towards Internet gambling in reponse to the op-ed piece LVRJ published entitled "Wanna Bet?". The LVRJ piece had said that "Mr. Fahrenkopf and the AGA are lukewarm on Internet gambling because it poses a competitive threat to brick-and-mortar casinos." The esteemed gaming executive denied that AGA was lukewarm, and stressed that, "In fact, some of our member companies have been vocal about their interest in getting into this sector of the business should it be legalized." Industry observers note that several AGA members already have online gambling ventures in the European market, making them better prepared should the USA online gambling market re-open. AGA IS WORRIED THOUGH Fahrenkopf then went on to raise AGA's concern with legislation to legalize and regulate Internet gambling on a federal level as it could threaten the long-held rights of individual states. He also cautioned that moving too fast could result in inadequate "protections to prevent underage gambling online and to safeguard those who may have gambling problems." Following its Board meeting over the issue, in January 2007 Helen Thomsen of the association stated, "The AGA supports a study of online gambling in the US being congressionally funded. Such a study would look into how online gambling could be properly regulated and controlled (click here for related article). Fahrenkopf reiterated that position, and said AGA wants to slow down legalization and regulation to allow time to study the surrounding complex issues, as outlined in the 12-month long Internet Gambling Study Act introduced by Reps Shelley Berkley and Jon Porter of Nevada last spring. That Study bill currently has 68 co-sponsor signatures compared to the 48 Congressional co-sponsors of Frank's bill. Read Related Article:
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PokerStars Launches New UK and Ireland Poker Tour PokerStars.com has announced the start of a new poker tour with stops throughout the United Kingdom and Ireland. The UK and Ireland Poker Tour (UKIPT) will kick off in Galway, Ireland in mid-December, and the first event in the UK will be held in Manchester in February.
Peerless Media Agrees to Purchase World Poker Tour Enterprises According to a Monday press release, WPT Enterprises Inc., mothership of the World Poker Tour, is now the rightful property of Peerless Media, Ltd., subsidiary of online giant PartyGaming.
Tiffany Michelle and Maria Ho Hit the Amazing Race Rail After surviving six legs of the Amazing Race by the skin of their teeth, poker pros Tiffany Michelle and Maria Ho were finally eliminated in the CBS reality show's most recently aired episode. Michelle and Ho, the last women standing in the 2008 and 2007 World Series of Poker Main Events, gave reality television fans another chance to watch poker personalities compete away from the felt. Annie Duke garnered quite a following earlier in the year on another reality show competition, NBC's Celebrity Apprentice.
Isaac Baron Dominates Caesars Classic Main Event Isaac "westmenloAA" Baron ran over the final table of the Caesars Palace Classic $5,000 Main Event, amassing a huge chip lead and going home with the $246,928 first prize. It took two long days to narrow the 162-person field to the final ten. A very high percentage of the entrants were recognizable tournament circuit players, and unsurprisingly, the stacked field produced a tough final table lineup.
Tonight- ESPN shows Day Before WSOP Main Event Final Nine are Set- Oct 27 Tonight (Oct. 27) at 9pm ET, ESPN will broadcast highlights of action on the day before the Final Table of the 2009 World Series of Poker (WSOP) Main Event was set. Only 27 players remain when this one-hour show begins.
Frenchman Wins PokerStars EPT Warsaw Poker Tourney At the PokerStars European Poker Tour Warsaw No Limit Texas Hold'em main event that wrapped up yesterday, French businessman Christophe Benzimra finished first taking home 358,644 Euros in prize money, while Italian poker pro Alfio Battisti finished second in the tournament.
Vedes Conquers WPT Festa al Lago Final Table Tommy Vedes is the WPT's newest champion! Vedes outlasted 274 players to win the Festa al Lago title and the $1,218,225 first prize. Freddy Deeb, who began the final table with the chip lead, hoped to win his third WPT title and tie Gus Hansen's record. Instead, Deeb was forced to settle for 4th place, leaving room for a new WPT champ. Click here for in-depth coverage of the action and photos from the final table.
Will Hungarians Get Taxed on Poker Soon? Hungarian lawmakers have plans to tax poker winnings and regulate clubs to generate much-needed revenues during the country's worst economic crisis since the end of communism, reports Germany's Deutsche Weele.
Freddy Deeb Leads World Poker Tour Final Table The WPT Festa al Lago Main Event is down to the final six after five tough days of play. Two-time WPT champion Freddy Deeb brings the chip lead along with the benefit of his under-the-lights experience into Monday's televised final table. Deeb previously won the WPT Season III Aruba Poker Classic and the Season VII Celebrity Invitational. He also owns two World Series bracelets and has amassed over $6 million in tournament winnings. A win on Monday would add $1,218,225 to that total. Click here for photos from the felt and final table chip counts.
11 Remain in WPT Festa al Lago Main Event The fourth day of the Festa al Lago WPT $15,000 Championship began with 37 players, just ten eliminations away from the money. Though action was painfully slow at times, it hit break-neck speed before the end of the night, leaving only 11 players standing heading into Day 5. Click here for Day 4 photos and chip counts. |
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