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Old 08-04-2007, 11:06 PM
luckychancer luckychancer is offline
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Join Date: Dec 2006
Posts: 117
Default Capitol Hill tidbit re UIGEA

Sorry if this is posted in the wrong place or duplicated. Thought it might be of some interest. It's a post from an investor forum I read that discusses the seemingly ever decreasing Partygaming stock price.

Source: http://www.compatiblepoker.com/usa.php#usapokerupdates

August 2nd:
According to a reliable source and someone who works on Capital Hill the UIGEA regulations are just about done and should come out within 1-2 weeks. This of course is a rumor but it's from people in DC so it's better than someone winging it. Steve Laughton of the Treasury did say they were hoping to have them released by the end of July or the beginning of August.

For those that don't think the regulations will mean much, I have a feeling it's going to get pretty ugly once they are in force (after releasal and commenting period etc). Sorry, I just don't feel too optomistic about what is going to happen.

August 3rd:
Epassporte seems to really be cracking down on the "no casino" but "poker only" deposit availability. Epassporte as you may know will only allow their services to be used at poker sites and not casinos, sportsbetting or horse betting. So what about poker sites that offer Blackjack? For example Absolutepoker.com. If you try to deposit with epassporte you have to contact customer support and they will block you from playing Blackjack in order to use epassporte.
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