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-   -   TruePoker will continue to welcome U.S players (http://archives1.twoplustwo.com/showthread.php?t=226166)

TruePoker CEO 10-02-2006 08:28 AM

TruePoker will continue to welcome U.S players
 
Can I make a Deposit to TruePoker from the United States ?

Congress passed the UIGE Act of 2006, which covers deposits made by US players to certain types of sites. Our read is that Act covers only sites which offer Sports Betting or Casino type games where you bet against the Site itself.

We are not going to be breaking any laws, we believe this Act does not apply to sites not in "the business of betting or wagering", which we are not.

We will need to see what develops in the payments processing industry over the next few weeks with respect to your ability to send money, but TruePoker's poker operations will continue for US players.

Summary:

TruePoker does NOT make or accept bets or wagers in which it has any stake in the outcome. So, our games and tournaments, and your deposits, are not covered by this UIGE Act of 2006.

TruePoker does not have a stake in the outcome of the games or tournaments we offer, in the US or anywhere else. (We do not offer casino games or sports betting, and so have no stake in the outcome and are not in the "business of betting or wagering")

Business Decisions:

Certain sites, such as Party and Pacific, have decided to abandon the US poker market as a busness decision. We view our commitment to our customes a bit differently. The Act does not outlaw playing poker on the Internet from the US, period. We certainly will accept deposits and new accounts as long as we can do so. We see NO reason to cut off play in any event under this Act.

As you do, We await developments in the payments processing industry, but it is business as usual for Truepoker's poker operations.

Coy_Roy 10-02-2006 08:30 AM

Re: TruePoker will continue to welcome U.S players
 
[ QUOTE ]
Can I make a Deposit to TruePoker from the United States ?

Congress passed the UIGE Act of 2006, which covers deposits made by US players to certain types of sites. Our read is that Act covers only sites which offer Sports Betting or Casino type games where you bet against the Site itself.

We will need to see what develops in the payments processing industry over the next few weeks with respect to your ability to send money, but TruePoker's poker operations will continue for US players.

Summary:

TruePoker does NOT make or accept bets or wagers in which it has any stake in the outcome. So, our games and tournaments, and your deposits, are not covered by this UIGE Act of 2006.

TruePoker does not have a stake in the outcome of the games or tournaments we offer, in the US or anywhere else. (We do not offer casino games or sports betting, and so have no stake in the outcome and are not in the "business of betting or wagering")

Business Decisions:

Certain sites, such as Party and Pacific, have decided to abandon the US poker market as a busness decision. We view our commitment to our customes a bit differently. The Act does not outlaw playing poker on the Internet from the US, period. We certainly will accept deposits and new accounts as long as we can do so. We see NO reason to cut off play in any event under this Act.

As you do, We await developments in the payments processing industry, but it is business as usual for Truepoker's poker operations.

[/ QUOTE ]


Thank you very very much.

Berge20 10-02-2006 08:30 AM

Re: TruePoker will continue to welcome U.S players
 
Props

RikaKazak 10-02-2006 08:31 AM

Re: TruePoker will continue to welcome U.S players
 
I [img]/images/graemlins/heart.gif[/img] U

linuxrocks 10-02-2006 08:31 AM

Re: TruePoker will continue to welcome U.S players
 
[ QUOTE ]
TruePoker does NOT make or accept bets or wagers in which it has any stake in the outcome. So, our games and tournaments, and your deposits, are not covered by this UIGE Act of 2006.

TruePoker does not have a stake in the outcome of the games or tournaments we offer, in the US or anywhere else. (We do not offer casino games or sports betting, and so have no stake in the outcome and are not in the "business of betting or wagering")

[/ QUOTE ]

Really ? Aren't you raking in money depending upon the outcome of a hand ? How does that not make you part of a business of betting and wagering ?

PierceAndPierce 10-02-2006 08:32 AM

Re: TruePoker will continue to welcome U.S players
 
HOORAY!

No, do you guys accept Epassporte payments? =)

skunk1975 10-02-2006 08:34 AM

Re: TruePoker will continue to welcome U.S players
 
Tried to pm but your box was full.

Thank you for taking a stand. I wish your customer service had responded to my emails when I was playing 8 hours a day for about 5 months on your site (your biggest games) I would have never left.

TruePoker CEO 10-02-2006 08:35 AM

Re: TruePoker will continue to welcome U.S players
 
No, we have no stake in the outcome, nor have we risked any money in the pot. Rake is a fee for the service, regardless of the outcome as to what player wins.

(Anyway, if it were an issue, a time charge system or a "flat rate per player hand dealt in" system would remove your concern. Thanks for raising it. My initial response is likely to remain our position, but in the "interesting" times, we are going to adapt as needed.)

(Ours is not a new reading of the term. In another statute, the Wire Act, this was the interpretation in dicta in a Federal Court of Appeals ruling.)

RikaKazak 10-02-2006 08:37 AM

Re: TruePoker will continue to welcome U.S players
 
[ QUOTE ]
No, we have no stake in the outcome, nor have we risked any money in the pot.

(This is not a new reading of the term. In another statute, the Wire Act, this was the interpretation in dicta in a Federal Court of Appeals ruling.)

[/ QUOTE ]

They provide a service for a fee...which is customer support/hosting the games etc. Basically for a fee, they let us bet against eachother.

SO NO, they do not have a stake in the outcome. They get paid the same wether player A or player B wins.

linuxrocks 10-02-2006 08:39 AM

Re: TruePoker will continue to welcome U.S players
 
[ QUOTE ]
[ QUOTE ]
No, we have no stake in the outcome, nor have we risked any money in the pot.

(This is not a new reading of the term. In another statute, the Wire Act, this was the interpretation in dicta in a Federal Court of Appeals ruling.)

[/ QUOTE ]

They provide a service for a fee...which is customer support/hosting the games etc. Basically for a fee, they let us bet against eachother.

SO NO, they do not have a stake in the outcome. They get paid the same wether player A or player B wins.

[/ QUOTE ]

Ok, that makes it clear. I wonder why PS, PP etc. are not using this clause.


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