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Online Poker Sites Talking with USAO: Party Poker & Pacific PokerWed, Jun 6th, 2007 @ 12:00am Just two days ago PartyGaming, parent of Party Poker, announced it was talking with the US attorney's office for the Southern District of New York (USAO) about the company's activities prior to October of 2006, when the Unlawful Internet Gambling Enforcement Act (UIGEA) was enacted; and now 888 Holdings, parent of Pacific Poker, just announced it too is in preliminary discussions with the USAO. Remember that PartyGaming was the first site to stop supporting US customers playing for real money. The PartyGaming release says it's in the process of voluntarily responding to a request for information that was requested by the Attorney General's office. No further explanation as to the nature of the information was provided. The Financial Times commented that PartyGaming and other similar sites' collective value and possible destiny "depend on events in a market that they have long been forced to quit", with the companies' shares at the mercy of the actions of US lawmakers. Therefore one might surmise that PartyGaming is trying to limit the possibility or amount of prosecution by the USAO, so it can look forward to doing deals without a huge liability hanging over its head. Meantime, 888 Holdings said in their June 5 statement that it initiated discussions with the USAO "following uncertainty as to the likelihood (if any) of action by US law enforcement agencies regarding activity in the US prior to the enactment of the Unlawful Internet Gambling Enforcement Act (UIGEA) on 13 October 2006". The group said it was too early to asses any particular outcome from these discussions. But it expressed hope that the talks could draw a line under any future threat of legal action by US authorities. You may recall that the office both companies are speaking with is the United States Attorney's Office for the Southern District of New York. It is the same office to charge the NETeller founders with racketeering and fraud (click here to catch up on their arrest). NETeller funds recently re-estimated at around USD $60 million were seized by the office to be held as evidence. The funds have yet to be released (click here to read related article about NETeller plans to release the funds). Read Related Articles:
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Fabrice Soulier Joins Everest Poker's Pro Roster To further strengthen its support for French poker in anticipation of the opening of that market, Everest Poker has signed renowned French poker pro Fabrice Soulier as its latest ambassador.
HHPT Co-Sponsors Bayou Poker Challenge Ladies Event Dec. 20 The HighHeelsPokerTour (HHPT), the first all women's poker tour launched on the East coast, will wrap up their 2009 schedule at Harrah's New Orleans on December 20th where they will co-sponsor the Ladies Event #14 no-limit Hold'em at 12 pm.
OPPAGA Reports on Florida's Online Poker Options Given that UIGEA permits individual states to regulate online poker, the Florida Legislature's Office of Program Policy Analysis and Government Accountability (OPPAGA) published a report this week presenting three options available to Florida State lawmakers in order to protect consumers from unlawful internet poker: regulate it, prohibit it, or carry on with the status quo pending federal legislation.
BC Poker Champion Arrested, Charged with Manslaughter Just two days after taking down the BC Poker Championships Main Event, Sophon Sek of Cloverdale, BC, was arrested in connection with one of the most storied crimes in the Province's history.
Local Businessman Bags European Poker Tour Vilamoura Bling The European Poker Tour rolled into the Casino Vilamoura last week, instantly generating the richest poker prize pool in the nation of Portugal's history.
Keikoan Captures Harvey's Lake Tahoe WSOPC Championship This week marked the finale of the biggest annual tournament series in Northern Nevada, the WSOP Circuit championship at Harvey's Lake Tahoe. While the Main Event saw only a modest turnout, it did boast of a tough final table, and a WSOP bracelet owner as the eventual champion.
WSOP Main Event Champ Joe Cada to Appear on Letterman The poker world will receive some late night attention tonight as "The Kid" Joe Cada, the youngest champion in the four decade history of the World Series of Poker Main Event, takes a seat next to embattled talk show host David Letterman.
First Korean Champ of Asia Pacific Poker Tour Crowned in Cebu Another stop on the Asia Pacific Poker Tour is in the books, this time it's the APPT Cebu in the Philippines, and for the very first time a Korean player has come out on top.
Pollack Done as Commish of World Series of Poker Just three days after crowning Joe Cada as the 2009 Main Event champion, officially closing the special 40th anniversary run of the World Series of Poker, Jeffrey Pollack has resigned his post as Commissioner of the WSOP.
Durrrr Signs as Team Full Tilt's Youngest Member Tom "durrrr" Dwan is the newest member of Team Full Tilt, the online site's highest level of affiliation. At 23, Dwan is the youngest of the now 14-person team. The high stakes cash phenomenon was nominated for induction this year into the Poker Hall of Fame until the Hall of Fame Governing Council decided he was too young to meet the "has stood the test of time" qualification. |
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