|
|
#1
10-01-2006, 03:11 PM
|
|||
|
|||
Positive media
Not sure if this is the right place but this link is to a national UK business radio show "Jeff Randall’s Weekend Business" on the BBC (Radio 5) – it has a listen again feature and the item starts after about 3 minutes, there is some pretty basic info in it but I think you will like the tone and the one bit of listener feedback at the end of the item. It has only just been broadcast
http://www.bbc.co.uk/fivelive/progra...business.shtml It also has a Professor Kelly from Gaming Law Review who thinks it will be unenforceable/unworkable. 
|
|
#3
10-01-2006, 04:06 PM
|
|||
|
|||
|
Re: Positive media
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.
|
|
#5
10-01-2006, 04:21 PM
|
|||
|
|||
|
Re: Positive media
[ QUOTE ]
Yeah excellent piece but I guess US 2+2ers can't hear it? [/ QUOTE ] I was able to, what u have to do is open it up in real player and the segment is about 5 minutes into the show
|
|
#6
10-01-2006, 04:27 PM
|
|||
|
|||
|
Re: Positive media
[ QUOTE ]
[ QUOTE ] Yeah excellent piece but I guess US 2+2ers can't hear it? [/ QUOTE ] I was able to, what u have to do is open it up in real player and the segment is about 5 minutes into the show [/ QUOTE ] Excellent piece. Everyone should take the time to listen to it.
|
|
#7
10-01-2006, 04:51 PM
|
|||
|
|||
|
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.
|
|
#9
10-01-2006, 05:50 PM
|
|||
|
|||
|
Re: Positive media
This was well worth listening too.
Terms like “unenforceable” and “little change” are very comforting. We’ll see what the markets do tomorrow.
|
|
#10
10-01-2006, 06:06 PM
|
|||
|
|||
|
Re: Positive media
[ QUOTE ]
This was well worth listening too. Terms like “unenforceable” and “little change” are very comforting. We’ll see what the markets do tomorrow. [/ QUOTE ] The markets are going to tank tomorrow. There's no question about that. David Carruthers' arrest send the whole IG sector into a short-term tailspin a few months ago, and that arrest was related only to one operator.
|
 |
|
|
Linear Mode
