Browse > Home / Archive: September 2007

iMEGA Issues a Statement after Online Gambling Hearing

September 30, 2007

imegaThe iMEGA vs Gonzalez, et al trial had a session in court on Wednesday in New Jersey. Oral arguments were stated by both parties discussing the Unlawful Internet Gambling Enforcement Act. iMEGA would like the UIGEA to be declared unconstitutional or otherwise rendered unenforceable. After this hearing, iMEGA issued a short statement on the subject.

Based on the decision of the U.S. District Court earlier today, iMEGA eagerly awaits the action of the Honorable Mary L. Cooper and the Court.

We agree that children and problem gamblers need protection. We know that technology is available that will accomplish this. This law - in addition to being defective and unconstitutional - will not provide greater protections. In fact, it will only make these groups more vulnerable.

These regulations, if promulgated, would stifle online innovation and commerce; inadequately protect children by failing to ensure adequate safeguards; have a chilling effect on the privacy rights of individuals; and potentially lead to the loss of thousands of U.S. white collar jobs.” Stated iMEGA president Edward J. Leyden. This is only a small portion of the statement rendered by iMEGA.

Other legislation trying to be past, such as the Internet Gambling Regulation and Enforcement Act, are being supported by iMEGA. iMEGA are trying to support legislation that will regulate the online gambling industry not prohibit it. iMEGA has been using Eric Bernstein and Phil George as their counsel for trial and they have recently hired Ogilvy Public Relations to help them. The iMEGA vs Gonzalez, et al trial presiding judge is Mary L. Cooper. She has listened to arguments from both sides and within the next thirty days will provide a verdict.

iMEGA, The Interactive Media Entertainment and Gaming Association was founded in 2007. Their goal is to work with the government, corporations and citizens in a cooperative and constructive manner. The company would like to focus on continuing the growth of the Internet and promote innovation, openness and freedom of the Internet for everyone. This is their mission as stated on their website.

    Score a Royal Flush with your pocket cards on any real-money Texas Holdem ring game at CarbonPoker.com and you will receive a bonus of 100 x the big blind!

    Written by Steve Vaughan · Filed Under UIGEA, iMega, Gambling Ban 

    PokerStars European Poker Tour

    September 30, 2007

    Poker Stars European Poker TourWith the top 32 poker players getting paid from this event, the final 40 players took a seat in Day 3 of the PokerStars European Poker Tour at the Grosvenor Victoria Casino in London. Must had visions of being this years champion, all wanted to avoid being the first eight eliminated.

    Looking to continue their good tournaments this day would be the current chipleader Surinder Sunar and who is being chased by a lot of good poker players all looking to finish on top including WSOP champions Chris Moneymaker and Alan Smurfit.

    In every major tournament there has to be one that “busts the bubble” which means finishing one place out side the money spots. This tournament the distinction went to Carlo Citrone. Carlos waited and got all his chips in the pot with a solid AQ of diamonds but was called by the AK off suit of Vijayan Nagarajan. Neither players hand improved and Citrone was left watching the rest of the action, out in 33rd.

    After Carlo went out, a lot of relieved short stacks also made their moves and the eliminations started rolling with Fuat Can, Marc Goodwin and Stuart Nash leaving the tournament shortly after.

    Katja Svendsen went all in with JJ and was called by Chris Moneymaker with QQ and Daniel Mangas with KJ. A king flopped sending Katja home, tripling up Mangas and Moneymaker made a little of the side pot. It did not help either though as Mangas went out a few hands later and Moneymaker also missed the final table.

    Other notables out are Roland de Wolfe, Phidias Georgiou, Alan Smurfit and even though he started the day as chip leader Surinder Sunar, was eliminated before the final table also.

    Congratulations to all that finished in the money and to the final eight still vying for the title at this PokerStars European Poker Tour stop in London.

    The Final Table is:

    Florian Langmann — 927,000
    Joseph Mouawad — 780,000
    Marcel Baran — 583,000
    Josh Egan — 477,000
    Anthony Lellouche — 466,000
    Paul Mendes — 282,000
    Ian Cox — 234,000
    Fredrik Haugen — 190,000

      Written by Steve Vaughan · Filed Under Poker Tournament Results 

      Twenty-Two Year Old Wins Big With PartyPoker Online Poker Promotion

      September 29, 2007

      James McManus isn’t your average twenty-two year old student. In the past two months, McManus has accumulated almost $100,000 dollars in prizes from PartyPoker. His first prize came when he won a bad beat jackpot. It was worth $52,000 dollars. More recently, McManus has won PartyParker’s The Grind promotion. With this win came a Mini Cooper S convertible and a Nintendo Wii. He received this when he came in sixth at the final table of the Grindroll.

      The Grind promotion was a series of Grindrolls that were worth $100,000. A player must earn 25 party points per day for three days in a row to receive $2,000 dollar Grindrolls. If a player received more party points then the Grindroll amounts grew larger. McManus earned enough to play for several weeks and so he was automatically entered into the drawing for the prizes that he won.

      Party Poker“I opted to take $40,000 rather than the car,” he said. “A Mini Cooper S convertible would be great, but I don’t really have the need for it at the moment. I’m looking forward to getting my Wii though. I also won the bad-beat jackpot two months ago. I had pocket queens and flopped quads, my opponent had pocket nines and ended up with quad nines. He got $104,000 and I got $52,000 and won the hand. That was brilliant, but to win all of this in such a short period of time is fantastic.”

      “It has been a good couple of months,” said McManus, with great understatement. “I didn’t have many debts, but I’ve paid off all that I did have. I intend to use some of the money to build a bankroll for online cash games. I’ve thought about the tournament circuit a bit, but I would need a bigger bankroll and I’m happy where I am now.”

      McManus recently finished college where he was studying math which he says helps him during play. “It has been going great recently. I normally play $2-$4 or $3-$6 no-limit cash games and the odd tournament. I intend to stick to the same stakes, for the time being, and build on what I have.” Since graduating McManus plans to work in the finance industry or as a teacher but I imagine we will be seeing more of him in the poker world very soon.

        Written by Sadonna Price · Filed Under Online Gambling News 

        Ultimate Bet’s First Ever Online Poker Bad Beat Jackpot Won!

        September 29, 2007

        UltimateBet PokerThe first ever UltimateBet Bad Beat Jackpot was hit this week and 343 Texas Holdem poker players has reason to celebrate.

        The online poker jackpot of $112, 885.50 was hit Sept. 26th when quad jacks were beat by a straight flush at a $.25/$.50 Texas Holdem poker table.

        Like most bad beat jackpots, the loser (quad jacks) got $36, 678.03, the winner (straight flush) won the pot and $18,339.01. The other four players seating at this 6-max table also won $1,000. The biggest difference in Ultimate Bet’s bad beat and everyone else’s is that the 337 other online poker players who were playing at UB’s $.25/$.50 bad beat tables shared $18,000.

        The bad beat jackpot is triggered when a player sitting at special bad beat tables lose a hand holding quad eights or better. At UB, 65% of the progressive jackpot is divided among the online poker players, 25% remains for the next jackpot and 10% goes to UltimateBet for administrative fees.

        Those are very similar to most all bad beat jackpots, where Ultimate Bet set’s itself apart is that all players seated at a bad beat jackpot table featuring the same table limit and game type of the players that hit the jackpot, share in the bonanza. In this case it was all players at the $.25/$.50 bad beat tables.

        To qualify for the Bad Beat Jackpot, you have to play at the tables categorized in red text in the lobby. At the table $.50 is collected in addition to the rake and placed in a progressive jackpot. Try your luck at the unique bad beat jackpot at UltimateBet Poker, the only home of Pineapple Poker online.

          Written by Steve Vaughan · Filed Under Online Gambling News 

          Will Norway Ban Online Poker? Some Say Yes.

          September 29, 2007

          While there has been a lot of say lately in regards to the United States and their Unlawful Internet Gambling Enforcement Act, there may be another country on the verge of taking the same steps that has already cause so many upsets.

          Just weeks after Norwegian Annette Obrestad won the biggest tournament ever in European history, the Norwegian culture minister, Trond Giske, is considering following in the steps of the United States and banning online rooms. And it is rooms like those that Obrestad learned the ropes, made a name for her, and made her a success.

          Under the current Norwegian law, the act of online gambling is already illegal so basically it is assumed that the new law would just place stricter enforcements on the ban such as blocking transactions between banks and online gambling accounts.

          Will this tremendously affect the Norwegian poker players? It may, as there is the chance that anyone from that country would be denied access to the online poker rooms because of their IP address.

          I guess time will tell as if this new law comes into effect, it could be as early as next spring. And I am sure every Norwegian poker player is hoping for a bright outcome.

            Written by Jennifer Spriggs · Filed Under Online Gambling News 

            Next Page »

            Close
            E-mail It
            Socialized through Gregarious 42