Sunday, June 26, 2011

Online Gambling’s Gray Monday may have much more bite than Black Friday

More domain names and gaming operations were seized on Monday May 24th 2011, which we aptly call Gray Monday. This time the market leaders were not the only websites seized but smaller web sites also. Even more important is many different sectors in the market were seized. There were domains seized in online poker, casinos, sports books and even bingo. This may send more of a message through the industry than Black Friday.


The online poker market was hit hard and drastically when the three biggest players in the market had their domain names seized. This sent a shockwave through the industry and millions of poker players were left wondering what happens next. What did happen next was that the three biggest poker rooms soon left the US market and their players were left in limbo. They now had to find a new place to play and their funds were in jeopardy. Although the three poker websites worked out a deal with the Department of Justice to return the players money, no one we have talked to has received any money from them at the time this article was written.
After Black Friday, gradually things started to settle down and players found a new poker home and continued to play online. Many thought the Department of Justice had made their point and were going to let things get back to normal as much as could be. But with the action on Gray Monday the hammer came down on the market as a whole. The shock this time is in the form of all sectors of the internet gambling market. Homeland Security made the seizures this time and the industry is in disarray. No one seems to be safe whether large or small players in the industry. It is just a matter of time to see the reactions to these seizures. Unfortunately, now we may see internet gambling sites in all sectors start leaving the US market. We have seen some online internet sites change their domain names to an international extension as a result of these seizures. They seem to be positioning themselves to be immune from the US government actions by having these domains outside the US.
The sense out there is that no one knows what will happen next and once again the online players could be sent scrambling again. It a watch and see attitude nowadays, but the impact could be far more reaching than Black Friday. As a result, regardless of how big or small of an gambling operation you are or what sector of online gaming you’re in, everyone can be touched by the government.
The results so far are that US poker players haven't had to move to different internet sites as of yet, but new sign ups may need to go to a new website address to sign up. Same is true with US casino players, there's been no effect yet from Gray Monday other than having a new domain name to sign up.

Saturday, June 25, 2011

Polish President Signs Online Poker Ban - Internet-Poker.co.uk

Polish President Signs Online Poker Ban - Internet-Poker.co.uk

CardPlayer.com

Polish President Signs Online Poker Ban
Internet-Poker.co.uk
Polish President Bronislaw Komorowski signed a bill into law that would ban online poker in Poland. According to a report at Card Player Europe, the law would take effect later this summer. Interestingly, this law takes the opposite viewpoint of many ...
Poland Now Bans Online PokerOnline Poker.net
Poland Set To Ban Online PokerCardPlayer.com
Polish President Komorowski Prohibits Online PokerOnline-Casinos.com

all 10 news articles »


Congress Again Considers Legalizing Online Gambling - Digital Transactions

Congress Again Considers Legalizing Online Gambling
Digital Transactions
According to TheHill.com, an online news service that follows Congress, online poker sites would need to be registered in states where gambling already is legal, which would make them subject to state regulations. (Exactly which states would license ...

and more »

Friday, June 24, 2011

The Nightly Turbo: Wynn Classic Kicks Off, Commerce Million Dollar Tournament, and More

The Nightly Turbo: Wynn Classic Kicks Off, Commerce Million Dollar Tournament, and More
The Nightly Turbo is bringing you the day's top poker news stories including the details of the Wynn Classic Summer Guarantee,Commerce Casino's Million Dollar Tournament, and more.

The Nightly Turbo: Howard Lederer Talks, PokerStars Big Game, and More
The Nightly Turbo is bringing you the day's top poker news stories including an encounter with Howard Lederer, news on Season 2 of the PokerStars Big Game, and more.

Monday, June 20, 2011

Princeton grad made millions playing online poker until the feds upped the ante

Princeton grad made millions playing online poker until the feds upped the ante
Internet gambling is officially illegal in the U.S., but the sites are registered overseas, and many players have prospered. In addition, Hawrilenko and other players believed that over the past two years the movement to legalize and regulate poker was picking up steam.

Wednesday, June 8, 2011

U.S. online poker case defendant denied bail

U.S. online poker case defendant denied bail
One of several men accused of helping online poker websites dodge U.S. gambling laws lived in Central America for years to avoid a telemarketing fraud charge and was preparing to flee to Thailand before his arrest, a U.S. prosecutor said on Wednesday.
Source: news.yahoo.com

HeadsUp Entertainment and World Poker Showdown Ink Deal for Series of Televised Poker Tournaments in Dominican ...
LAS VEGAS -- HeadsUp Entertainment International Inc. operators of the Canadian Poker Tour, Canadian Poker Player Magazine and the Canadian Poker Player Television Network and World Poker Showdown today announced they have entered into a series of agreements with casino venues to expand its poker tourism business unit.
Source: biz.yahoo.com

Online Poker Shutdowns Escalate after PokerStars and Full Tilt Poker: Ten More Sites Affected, Some Based in Canada ...
Poker.ca reports that ten more online poker and online gambling sites have been seized by the American government pending charges of alleged illegal activities. This shutdown comes on the heels of the April 15 news that PokerStars and Full Tilt Poker had been seized by U.S. officials, in a crackdown that shocked poker fans around the world.
Source: biz.yahoo.com