kutuz_off
10-13-2006, 04:24 PM
Link (http://business.guardian.co.uk/story/0,,1921170,00.html)
Key point:
"PokerStars, the second biggest poker website in the US, is understood to be facing a rebellion from its banking partner, Royal Bank of Scotland, after the gambling group told its customers yesterday that it intended to ignore an anti-gambling act, expected to be signed into law by President Bush within days.
RBS, which has extensive interests in America including its Citizens subsidiary, said: "We note the passing of the bill by the US senate and will of course take the necessary steps to make sure we are fully compliant." A spokeswoman for RBS would not comment on individual clients, but the bank is believed to be spelling out its concerns over the imminent legislation to a number of businesses including PokerStars. RBS looks after PokerStars' customer accounts."
It continues to talk about a squabble between various EU countries over differing gambling laws.
Key point:
"PokerStars, the second biggest poker website in the US, is understood to be facing a rebellion from its banking partner, Royal Bank of Scotland, after the gambling group told its customers yesterday that it intended to ignore an anti-gambling act, expected to be signed into law by President Bush within days.
RBS, which has extensive interests in America including its Citizens subsidiary, said: "We note the passing of the bill by the US senate and will of course take the necessary steps to make sure we are fully compliant." A spokeswoman for RBS would not comment on individual clients, but the bank is believed to be spelling out its concerns over the imminent legislation to a number of businesses including PokerStars. RBS looks after PokerStars' customer accounts."
It continues to talk about a squabble between various EU countries over differing gambling laws.