online poker
July 29th – Daily Deal
Jul 29th
Special Edition recap of H.R. 2267 passing in committee hearing. On today’s edition of The Daily Deal, we have a special edition for you today
Poker Players Alliance Reacts to Passage of HR 2267
Jul 29th
The tireless work of Rep. Barney Frank and the Poker Players Alliance finally made some progress Wednesday as HR 2267, the Internet Gambling Regulation, Consumer Protection, and Enforcement Act , passed the House Financial Services Committee by a vote of 41-22. The result can be viewed as a small but important victory for the poker community, one that has been defeated over and over again on Capitol Hill over the past few years. The bill, which could ultimately lead to the legality and regulation of online poker in the States, will now be sent to the House of Representatives for more amendments and a majority vote. Should the bill get the majority vote from the House of Representatives, it would then be passed along to the Senate for another majority vote, before being signed into law by the President. Wednesday’s win was just the first of many in order to regulate online poker in the United States, but the PPA was very encouraged by the result
bwin, PartyGaming Deal Completed, Will Merge In 2011
Jul 29th
In what has been a long rumored merger in the online gaming industry, it was revealed today by online gaming site Gaming Intelligence and confirmed by a press release that the deal between Austrian-based bwin and Gibraltar-based PartyGaming has finally been completed. The merger, which is expected to be completed by the first quarter of 2011, will create the largest publicly traded online gaming conglomerate in the industry.
PokerStars applauds passage of the Internet Gambling, Regulation, Consumer Protection, and Enforcement Act
Jul 29th
PokerStars issued the following press release this morning: PokerStars, the world’s largest poker site, welcomes news of the successful mark up of H.R. 2267: The Internet Gambling Regulation, Consumer Protection, and Enforcement Act in the House Financial Services Committee by an overwhelming, bipartisan margin of 41-22. The bill, sponsored by Committee Chairman Barney Frank, offers a long overdue common sense approach to internet gaming regulation in the United States. PokerStars wholeheartedly supports the efforts of Chairman Frank and the bill’s proponents. This bill represents the most significant US legislative accomplishment in the history of the internet gaming industry.
2010 November Nine: John Racener
Jul 29th
Racener will take his seat at the final table in November with 19 million chips and he’ll have as good a chance as anyone to take down the $8.9 million first place prize. “If I win this tournament I don’t know what I’m going to do,” he said. “I know I won’t have to worry about anything for a long time.” The 25-year-old from Port Richey, Florida, has been playing poker all of his adult life and even a bit before that. When he was 16 years old he asked his mother to put $50 into an online poker site for him.
U.S. House Committee Votes in Favor of Online Gambling Regulation Bill
Jul 29th
Should it become law, the Internet Gambling Regulation, Consumer Protection, and Enforcement Act of 2009 would establish a federal regulatory and enforcement framework under which Internet gambling operators could obtain licenses authorizing them to accept bets and wagers from individuals in the United States. The Act passed in the House Financial Services Committee by margin of 41-22 and must now go through both the full House and Senate before becoming law. According to the Committee, the legislation comes in response to the Unlawful Internet Gambling Enforcement Act (UIGEA), which restricted the use of the payments system for Americans who gamble online. The new act will require licensees to take appropriate safeguards to prevent fraud, money laundering, underage and compulsive gambling.
House Financial Services Committee Votes to Approve Barney Frank’s Internet Gambling Legislation
Jul 28th
The eventual timeline of how officially legalized online poker came about in the United States will include a spot for July 28, 2010, the first time a licensing and regulatory bill received a positive vote at the federal level. The House…
July 28th – Daily Deal
Jul 28th
Topics: Nov 9 Odds, Commerce’s $1M Tournament, PPA Statement and 2 New French Licenses. Straight ahead on the Daily Deal, we’ll talk about who the odds makers think of the November Nine, recap the Commerce Casino Million Dollar Tournament, discuss the Poker Players Alliance and the latest from Capitol Hill, and finally find out which two sites just gained French licenses. Hello, I’m Sean Gibson and welcome to The Daily Deal by Poker News Daily. We’ll start off today by looking at who the odds makers are picking to win it all in November at the World Series of Poker Main Event. Online betting sites such as BetFair and BetUs have released their odds for each of the November Nine
PTP Hit and Run: July 28th, 2010
Jul 28th
Online poker in the U.S. gets some good news as H.R. 2267 passes a vote, and Cake Poker addresses its security issues
