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Archives for: September 2007

UIGEA Hits PartyPoker

by sanjureddy @ 2007-09-13 - 13:52:36

Online poker banned in America caused huge losses to online gambling companies and that too London stock exchange listed companies like PartyGaming which runs world best online poker room names partypoker and other real money games.

PartyGaming recorded loss of 49 million dollars, the profit for the same period of last year was $320.5 million, while this year it is $277.4 million.

Please visit our partners PartyPoker bonus site.


 
 

US Congressmen Asking To lift Of Gambling Ban.

by sanjureddy @ 2007-09-07 - 06:11:36

Two United States representatives Steve (democrat) and Pete King (republican) representing Long Island from new jersey had recently told new York Times post that UIGEA is unenforcible in US and should be called off ban.

Israel and King feel the Act would “create a regulatory framework that ensures operators are licensed and protects consumers against underage gambling, compulsive gambling, money-laundering, identity theft and other fraud's”.

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