Wednesday, May 4, 2011

Indicted poker websites bound for bankruptcy

Indicted poker websites bound for bankruptcy
One of three online poker companies named last month in a federal indictment will be forced to enter bankruptcy, leaving American card players with money on deposit with the Absolute and UB poker sites at least temporarily empty handed.

Pro poker league defines criteria, picks players
The professional poker league hoping to become the world's PGA for card players has determined criteria for its invitations and picked more than 200 people to compete in its first tournaments.

U.S. Attorney General Calls Online Poker Crackdown Appropriate But Doesn't Know If Poker Is A Game of Chance or Skill
Eric Holder folds on a key issue underpinning the Justice Department's position that online poker violates U.S. law.

The Influence Industry: Poker lobby pushes for legalization in wake of indictments
Online poker fans are calling it “Black Friday”: On April 15, the Justice Department charged the owners of three of the world’s largest Internet gaming companies with bank fraud and gambling offenses, shutting down their Web sites and freezing bank accounts around the world. Now, poker advocates in Washington are attempting to turn the bust to their advantage by renewing a push to legalize ...

No comments: