Beshear to Appeal Kentucky Domain Seizure Ruling

January 26, 2009

Beshear seeking reversal of Kentucky gambling domain name seizure ruling

According to the eGaming Review morning snapshot Kentucky Governor Steve Beshear is to appeal last week’s decision by the Kentucky Court of Appeal to block the state from seizing up to 141 internet domain names belonging to online gaming companies.

Joe Brennan of the Interactive Media Entertainment and Gaming Association (iMEGA), which filed last week’s successful appeal on behalf of the industry, said he was not surprised by the news that Beshear and Secretary J Michael Brown were to counter appeal.

"They both invested a lot of political capital in this suit. They likely feel they can’t back down," said Brennan.

"Their attorneys took this on a contingency fee-basis, and have reportedly sunk over a million dollars of their own money in this suit, and other suits like this that they reportedly prepared for other states. Without a win in Kentucky, it will be hard to get those other suits off the ground, and they’ll have taken huge losses on their own gamble," he added.

Funny Poker Hand Rankings Video Tutorial

January 7, 2009

I see that they guys over at Cool Hand Online Poker have put together a hysterical pilot video to build up their brand and educate poker players at the room about the importance of knowing your poker hand rankings.

After seeing this I don’t think I am ever going to forget that a straight flush beats for queens, not to mention the fact that every time I end up with either a straight flush or four queens I am going to have to resist the urge to burst out laughing at the table.

PS: If you liked this video, please take a moment to pop over to the YouTube video page and leave a comment or a rating so we can encourage these guys to produce more of these kick-butt funny poker tutorials.

UK Snooker Champs under investigation for match fixing

December 16, 2008

UK Championship Snooker Irregularities Prompt Match Fixing Investigation

World Snooker

Not even a week after the recent online betting scandal involving Absolute Poker and UltimateBet was televised by 60 Minutes, a similar story pops up on the grid, this time however, it involves the UK Championship Snooker Tournament.

[Read more]

Kentucky’s Secretly Obtained Gambling Domain Seizure Order Continues

September 26, 2008

Kentucky Internet Gambling Domains, 22% Already Lost or Changed Name

Thursday’s planned forfeiture hearing before the Franklin Circuit Court has been postponed until 3.30 pm today, Friday 26th September. No reason was given for the delay. The hearing is set to decide whether Kentucky can seize 141 online gambling related domain names, however as of this morning, 22% or 31 of the 141 domains have either undergone a name change or have been seized.

These figures confirm that not only is the seizure of the domain names possible, but also increasingly probable, meaning that some of the larger names stand to lose the millions of dollars which they have invested in brand building.

 The relative speed and ease with which Kentucky has pursued this matter will also serve to deter US facing operators from investing further in any current or future brands which could meet the same fate.

In Europe the news has been quietly welcomed by some of the larger operators who have complained of an un-level playing field. Most European licensed operators, particularly the public listed ones, were forced to exit the US market following passage of the UIGEA in order to protect shareholders interests.

For more background information on the issues at hand, you can view the Court Order of Domain Seizure by Commonwealth of Kentucky or read the press release (new window) and listen to Kentucky Governor Steve Beshear’s statement. For the latest news and developments check in here, here, or here, as well as the ICA’s take on the developments here. If you also think that this is out of order, you can help stop the move to censorship in Kentucky here.

Source: GamingIntelligenceGroup.com

Americans Pulling For Approval of Gambling Bill

September 23, 2008

Millions of Americans Pulling For Gambling Bill To Be Approved

Binion's Horseshoe Casino, Las Vegas

Representative Barney Frank has been on the case since 2006. The minute the ill-advised Unlawful Internet Gambling Enforcement Act was passed, Frank began his efforts to overturn the Bill.

While he has gotten close before, he has never been as close as he is now to freeing millions of American online poker players. Not what they are doing now is illegal, but Frank’s new Bill would do something the UIGEA does not. Clarify legal and illegal online gambling.

Last week, the Payments System Protection Act was passed by the House Committee on Financial Services. It was a major step towards finally freeing the millions of Americans that currently play poker online.

This week, the Bill and the poker players face another big test. A vote is expected from the full House on the Bill. If approved, the road would then be paved for Americans to actually know what is or is not legal to gamble online.

"Adults are entitled to do with their money what they want to do," said Frank.

That has been the basis of his crusade to keep government out of the homes of these millions of people who play poker online.

Of course, the other thing Frank is trying to get through to his fellow representatives is that Americans are playing online already. He feels the government needs to provide them with a safe place to play, where they are guaranteed to get paid when they win, and where the government can regulate the companies that run these online sites.

Source: CasinoGamblingWeb.com

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