View Single Post
  #18  
Old 10-12-2006, 05:12 PM
permafrost permafrost is offline
Senior Member
 
Join Date: Aug 2005
Posts: 618
Default Re: Paradise Blocks A Few States Today

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Also, US players not from the listed states, with funds already on deposit, will have only another month to play there (but not in the casino or sportsbook)...

"Although we will no longer be able to accept additional deposits, players will continue to be able to play at our real money tables with the funds they already have on deposit at Paradise until November 13th 2006."

[/ QUOTE ]

They block 10 States now. What Nov. 13th legal changes cause blockage of the rest of the States, as opposed to now?

[/ QUOTE ]

Sportingbet was the company that had an executive arrested by state authorities in Louisiana. Thus, they're playing it safe w/r/t any other states that might claim the jurisidiction to do the same thing.

Why allow US players from other states to continue to play until mid-November? That's a better question, but their lawyers probably advised them that the clearest risks are in (1) accepting deposits from US customers; (2) accepting action from US customers in states with more specific internet gambling laws. They are no longer doing these things. However, they're willing to accept a limited about of risk for a limited amount of time, in order to keep the property more attractive to potential acquirers.

[/ QUOTE ]

No legality adds more risk on Nov. 13th, AFAIK, so they could extend the date later, correct?
Reply With Quote