Thread: Positive media
View Single Post
  #7  
Old 10-01-2006, 04:51 PM
JuntMonkey JuntMonkey is offline
Senior Member
 
Join Date: May 2005
Posts: 3,655
Default Re: Positive media

[ QUOTE ]
The UltimateBet, AbsolutePoker and PokerStars responses to Port Security Bill... No surprises but still interesting...


ULTIMATEBET
Dear , We understand your concern about the new United States gambling law. We first want to clarify that UltimateBet has offered its poker room since 2001, and is not located in the United States. UltimateBet is not going away as a result of this legislation.

Here at UltimateBet.com the management of player funds is held to the highest standard of a public company. 100% of player funds are deposited in a segregated account, at a top tier bank, the Royal Bank of Scotland in the United Kingdom.

You can be assured that your funds are completely safe and secure and that you are welcome to play with or withdraw your funds at anytime as usual. The new law does not change the legality of playing online games.

The law does not impact people who play games from their computers. Instead, the law focuses on the payment processing of unlawful Internet gaming. Our strong belief is that poker is a game of skill and therefore is not encompassed by this law. As set forth in the user agreement, we furnish a gaming environment, and participants are eligible to access this environment for their enjoyment where legal to do so.

We do not undertake to assess the legality of play in any particular case as our users may access us from around the world. We hope you continue to enjoy playing at Ultimatebet.comPlease let us know if you have any further questions.

---------------------------------------------
ABSOLUTE
Thank you for your email. Absolute Poker offers its services throughout the world and the laws governing gambling vary widely from nation to nation, and are always subject to change.

This is true even within the United States, where the laws governing gambling vary from state to state, and are subject to frequent change within each state, as well as on the federal front.

Absolute Poker has no practical way to determine what is legal in any particular location at any particular time, so it is the customer's responsibility to determine that the betting activity is in full compliance with the laws applicable in the location where the wager is placed or from where the player is located depending on applicable laws. Thanks for playing at Absolute Poker!

If there is anything else we can help you with, please let us know. We're here for you!

-----------------------------------
STARS

Hello,

We appreciate and share your concerns about the bill which passed in the US Congress today regarding the funding of internet gaming, as an attachment to a Port Security bill. PokerStars' management and legal team are examining the bill at this time.

Until we understand the potential impact of the bill, we cannot comment on how it will impact our players or PokerStars. Please note that the bill includes a 270-day window for enforcement procedures to be established, so we do not expect to see any immediate changes in the ability to transfer funds to and from PokerStars. Also please remember that your money is safe on PokerStars.

All player funds are in a segregated account at the Royal Bank of Scotland. As always, we thank you for playing on PokerStars.

[/ QUOTE ]

I'd say this is a little more significant than "interesting", especially the fact that Ultimate Bet seems to officially plan on not making any changes.
Reply With Quote