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MasterCard Buys Payment Processor »

Credit cards are the major electronic payment option available to online gamblers in the world. Players use them to make direct deposits and/or to put funds into their electronic wallets.
MasterCard is one of the largest credit card companies in the world, actually it is the second largest payments network, and now they have announced […]

UIGEA Compliance Deadline Approaching »

The deadline to fall into full compliance with the regulations of the Unlawful Internet Enforcement Act (UIGEA) is December 1st for all companies in the financial services industry.
In the meantime, the Poker Players Alliance is working hard on delaying the deadline. Bill HR 2266 was introduced by Congressman Barney Frank in May of this year […]

Financial Firms in US say Online Gambling has a bright future »

September 28, 2009 (CAP Newswire) – Video game consoles have become remarkably inexpensive recently, with gaming companies getting more competitive as the consumer electronics market weakens along with the general economy. But according to highly respected market research firm Ernst & Young’s U.K. branch, online gambling may be the one part of the gaming market […]

UIGEA reulations will have NO Effect? »

Gambling Law Expert Tells Poker News Daily that UIGEA Regulations Will Not Have “Any Effect At All”
From the CAP News page:
July 30, 2009 (CAP Newswire) — In an interview published at Poker News Daily, Nelson Rose, a noted gambling law professor who often speaks out on the regulations against online gaming, told the publication that, […]

Ohio’s Issue 6 - Allowing gambling in the Bible Belt? »

Well after years of failed gambling voting in Ohio Issue six this November is the newest to surface.  Issue 6 run by a small time group of Indian Casino promoters is attempting to slip one in there.  They have many loopholes in the proposed amendment to the Ohio Constitution that will allow real casino based […]

US bail out plan, could the death of the UIGEA be involved? »

Well this is a personal opinion but Barney Frank has some serious pull all of a sudden.  As the house financial leader he is now looking straight into the bail out plan for wall-street valued at 700 Billion, OMG that’s a big number and that includes MY tax money as well as all other Americans.  […]

Barney Frank’s new anti UIGEA bill passes House Committee »

September 12, 2008 (InfoPowa News) — Online gambling in the United States is in the headlines again as the week closes, with a new political initiative by House Committee on Financial Services Chairman Barney Frank (Democrat of Massachusetts). His Payments System Protection Act of 2008, just introduced, seeks to push federal authorities on a more […]

US Fights WTO Over Internet Gambling »

US Fights WTO Over Internet Gambling
By JIM ABRAMS – 17 hours ago
WASHINGTON (AP) — With time running out, the tiny Caribbean island nation of Antigua and Barbuda holds the cards in a dispute over Internet gambling that could ultimately cost the United States billions of dollars.
If arbitration efforts fail, Antigua and other aggrieved parties, including […]

PokerTek appoints new CFO »

 PokerTek has appointed Mark Roberson as its new Chief Financial Officer. Roberson joins the automated poker table firm from Baker & Taylor, a distributor of books and entertainment products where he served as Vice President and Controller, and was responsible for all financial reporting and accounting functions.
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PartyGaming open to Vegas acquisition »

PartyGaming’s chief executive officer Mitch Garber said the poker company was open to acquisition approaches from Las Vegas-based casinos. According to a report in Forbes, Garber declined to say whether the company was already in takeover discussions, but said that he would like to hear from the ‘major players’ in Vegas.
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