Tuesday, February 26, 2008

News of the Day

PPA Spends $900,000
According to a story released by the Associated Press yesterday, the Poker Players Alliance spent $900K lobbying the US Government in 2007.

Here's the AP press release:

WASHINGTON (AP) — The Poker Players Alliance spent $900,000 in 2007 to lobby the federal government on online- gambling legislation.

The group, which says it represents 800,000 poker enthusiasts nationwide, lobbied on a bill that would exempt poker from a law that restricts online gambling, and for legislation that would regulate the Internet gaming industry, according to a disclosure form posted online Feb. 15 by the Senate's public records office. The alliance spent $780,000 lobbying on those issues in the second half of 2007.

It's legal to play poker online, but the law made it illegal for domestic banks and credit-card companies to process payments to online gambling businesses. The act, passed in 2006, bars financial institutions from handling gambling transactions, with exceptions for lotteries, horse racing and fantasy sports.

The Poker Players Alliance is chaired by former New York Sen. Alfonse D'Amato.

Lobbyists are required to disclose activities that could influence members of the executive and legislative branches, under a federal law enacted in 1995.

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Antigua Close to Attaining Whitelist Status
Gambling911 is reporting that Antigua is very close to attaining "Whitelist" status from the UK. Once they have been approved, gambling portals based in Antigua will be allowed to advertise their poker and casino sites there. This is very good news for the online gambling industry. We'll be keeping our ears open and fingers crossed on this one.


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On a less positive note....
LuckyAce gets Blacklisted
LuckyAcePoker and LuckyAceCasino have been warned repeatedly about their "spamming tactics". This is it for them, no more warnings. They are now officially "blacklisted".

Bugsys Club 25K Ring Game Challenge

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