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UIGEA Congressional Hearing Scheduled for April 2ndSun, Mar 30th, 2008 @ 12:00am The long-awaited Congressional hearing for the Unlawful Internet Gambling Enforcement Act (UIGEA) will take on April 2nd at 10 a.m. EST from the Rayburn House Office Building in Washington. The hearing is titled "Proposed UIGEA Regulations: Burden without Benefit?" and will be overseen by Rep. Luis Gutierrez (D-IL). This hearing marks the first chance to examine the UIGEA, which was quickly passed as part of the SAFE Port Act, before many Congressman had the chance to read it. Since the UIGEA showed up in 2006, the American banking business has had nothing but problems. Among the alternatives to the UIGEA are Rep. Barney Frank's (D-MA) Internet Gambling Regulations Enforcement Act (IGREA), Rep. Robert Wexler's proposed exception for skill games and Rep. Pete McDermott's (D-WA) Internet Gambling Restriction and Taxation Enforcement Act (IGRTEA) are also options. Frank's IGREA would work to regulate online gaming, weeding out underage users and help problem gamblers. Wexler's Skill Game Protection ACt states that Poker, along with chess and mah-jongg, should be exempt, as in such games you can possess certain amounts of skill, reducing the amount of gamble. McDermott's IGRTEA resembles Frank's IGREA, but with added taxation information, so the U.S. would see millions in taxed dollars stay inside the borders. A live broadcast of the Congressional hearing will be offered by the Poker Players Alliance. Webcast information is available at pokerplayersalliance.org. _____________ Related news: Bill to Exempt Online Poker & Skill Games from UIGEA Introduced by Robert Wexler Bill to Legalize Online Poker & Online Gambling Introduced by Barney Frank
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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.
Joe Cada Becomes Youngest World Series of Poker Main Event Champ History was made early Tuesday morning in Las Vegas as 21-year-old Joe Cada outlasted Darvin Moon in heads-up play to claim the 2009 World Series of Poker Main Event bracelet and more than $8.5 million.
Moon and Cada Heads-Up, Ivey 7th at WSOP Main Event Final Table After a marathon session at the most esteemed table in the poker world, a 21-year-old and a logger are set to go one-on-one for the World Series of Poker Main Event bracelet.
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. |
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