Download Freeplay Poker Software
Romania  Dutch  Hungarian  Portuguese  France
Poker Tournament Information »
PokerPages > Poker News > Poker News

Poker News - Poker News

Yahoo! Enters Real Money Online Poker Industry

by PokerPages.com
Sat, Apr 28th, 2007 @ 12:00am

Yahoo! has launched Yahoo Poker, a real money online poker room by partnering with St. Minver Ltd., the Gibraltar-based white-label online gaming group and running on the International Poker Network (IPN), owned and operated by software provider Boss Media AB of Sweden.

Players resident in the USA are not currently accepted, but most other countries can register and play for real money. Yahoo has initially targeted the European poker market.

This is the first time an Internet Service Provider (ISP) has opened a real money online poker room. AOL, another significant U.S. ISP, operates only a 'play money' site at this time. And computer industry giant Microsoft includes a play money poker game in its latest operating system, Windows Vista.

As an ISP, Yahoo! has access to huge numbers of potential players. And it has a distinct marketing advantage by having one the most recognizable brand names on the Internet, as well as a considerable marketing reach. So it could quickly become a dominant online poker site.

Because of this, the online poker industry is watching closely to see how much impact Yahoo! will have.

Both Party Poker and Poker Stars have previously stated that the real competition starts once these multi-billion dollar corporate "giants" enter the arena. Today, Yahoo! is cutting its teeth on the European poker market.

Also noteworthy is that Yahoo! made its announcement the same day that US Rep. Barney Frank (D-MA) introduced the Internet Gambling Regulation and Enforcement Act of 2007 to license, regulate and tax online poker and online gambling in the USA. The bill sets out to counter how the Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006 made it illegal for financial institutions to process transactions between US residents and online gambling sites.

So stay tuned- we may continue to see more new horses circling around before the starting gates, getting ready to vie for the lucrative USA online poker market when it reopens.

Read Related Article:

  • Bill to Legalize Online Poker & Online Gambling Introduced by Barney Frank
  •  

     
     

    More Poker News Articles

    Win Tickets for Irish Masters Seats at IWF Last Chance Saloon
    12am Wed Oct 15th, 2008

    The Irish Winter Festival (IWF) sponsored by PaddyPowerPoker.com is only days away now, but with the IWF Last Chance Saloon there is more than enough time to grab your ticket for the Irish Masters main event and be in with a shot at the big money. Each IWF Last Chance Saloon tournament is a $125 + $10 rebuy event with at least one Irish Masters' ticket guaranteed.

    Today Judge's Decision on Kentucky Domain Ruling is Due
    12am Wed Oct 15th, 2008

    Thomas Wingate of the Franklin Circuit Court targeted today, October 15, for the announcement of his ruling whether 141 domain names can be seized and forfeited to the Commonwealth of Kentucky as 'gambling devices'. The list of domains includes such major online poker sites as Bodog, CakePoker, Full Tilt Poker, Ultimate Bet, and PokerStars.

    Indiana World Series of Poker Circuit Stop Goes to 22-year-old Student
    12am Tue Oct 14th, 2008

    The final table of the WSOP Circuit championship event at the Horseshoe Southern Indiana got underway just after 2 p.m. Tuesday with nine returning players vying for the top prize of $143,064 plus a seat in the 2009 WSOP main event.

    World Series of Poker Indy Circuit Stop Finds Final Table
    12am Tue Oct 14th, 2008

    The WSOP Circuit championship event at the Horseshoe Southern Indiana resumed at noon Monday and just five hours later they had whittled the field of 27 down to only nine.

    Go Carnival Crazy in the Caribbean with WilliamHillPoker.com
    12am Tue Oct 14th, 2008

    William Hill today announced a week long promotion to online poker players that gives them ten opportunities to flee the upcoming cold dark winter and live it up on a 7-day Caribbean cruise.

    Tristan Clemencon, aka 'Superroger47' Joins Team770 as 8th Poker Player
    12am Tue Oct 14th, 2008

    Online poker and casino games provider Poker 770.com just announced the arrival of the eighth addition to Team770, Tristan Clemencon, aka 'Superroger47'.

    Bodog Appeal Fails: Owes $50 Million+ to 1st Technology
    12am Tue Oct 14th, 2008

    Bodog Entertainment, the international entertainment powerhouse founded by flamboyant Canadian Billionaire Calvin Ayre that includes online poker at bodoglife.com, has lost its Federal appeal in the US against a District Court of Nevada ruling, and now faces fines of over $50 million with interest to 1st Technology LLC.

    Daniel Craker Wins Biggest Poker Tournament in New Zealand History
    12am Mon Oct 13th, 2008

    New Zealander Daniel Craker beat a field of 305 other players from 21 countries to win New Zealand's biggest poker tournament in history, the PokerStars.net Asia Pacific Poker Tour Main Event for NZD $257,040 (approx. USD $155,800, Euros 114,300 , or GBP 90,075), plus an entry into the APPT Main Grand Final in Sydney and a shot at its top prize of one million dollars.

    World Series of Poker Indiana Circuit Closes Day 1
    12am Mon Oct 13th, 2008

    The inaugural championship event of the 2008-2009 WSOP Circuit schedule began at noon today at the newly remodeled and renamed Horseshoe Southern Indiana. A total of 84 players kicked in the $5,000 + $150 to play the event, creating a prize pool of $420,000. The winner will receive $143,064 and a $10,000 seat in the 2009 WSOP Main Event.

    Kahnawake Tells Kentucky: Domain Seizure is 'Not Acceptable'
    12am Mon Oct 13th, 2008

    Grand Chief Michael Ahríhrhon Delisle, Jr. of the Mohawk Council of Kahnawake expressed his great disapproval of the Kentucky District Cour's order to seize 141 online poker and Internet gambling domains in a strongly worded letter to Kentucky Governor Steve Beshear saying, "We are compelled to draw to your attention that your actions will also adversely affect the members of our community - and that is not acceptable."

    Download Poker Software
    PokerPages
    Newsletter
    Online Poker »
    Poker News »
    Blog Coverage


    Top News
    Top Tournaments