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Copyright © 2006 Poker News
HEADLINE: Land Of The Free? Not for Online
Poker Players in America!
Body:
It's been another turbulent week for on-line poker. Only last
Wednesday Italy announced more freedom for poker players as gambling
on and offline was due to be regulated at the turn of the 2007.
However, things quickly took a turn for the worse for the industry
the following day.
On Thursday, UK Poker News learned that William Hill Poker would
stop accepting clients from America. Rival gaming giants, Ladbrokes,
have never accepted customers from the USA so, this news was not
a hugely surprising move, especially given the recent arrests
on gambling charges of European executives in America.
As the dust settled, attention switched to America and, to be
more precise, Senator Bill Frist from Tennessee and his attempts
to get The Unlawful Internet Gambling Enforcement Act of 2006
passed Congress. Shockingly, as reported at our parent company
at the weekend, the Online
poker bill was passed.
The bill outlaws the funding of on-line gambling accounts from
US banks. American banks must now monitor transactions and block
transfers from accounts to on-line gambling companies.
As our Editor in Chief, John Caldwell, rightly points out. The
fallout of this bill will only be seen in time. How will it affect
Neteller, Firepay and other on-line companies which can be used
to fund a poker account? How about overseas bank accounts owned
by American citizens, will they be affected? At this early stage
it is impossible to say.
One thing is looking certain, as we go to press this morning,
shares in on-line gambling companies look set to be hit hard on
the back of this news. Stay tuned to UK Poker News for the latest
on this and any fallout to gaming share prices as the day goes
on.
Exclusive Titan
Poker Bonus Code: TPF150
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