October 02, 2008

Regulatory News

Some of the biggest and most controversial companies in the online poker industry including Pokers Stars and Full Tilt could be stripped of their internet domain names after state officials in Kentucky won a seizure order from a US court. The order has been served on domain name registrars for 141 gambling sites that take custom from US players. The case will be heard on Tuesday 7th October.


Senator Barney Frank’s bill, the Payment Systems Protection Act, was passed by the US House Committee on Financial Services. Frank’s bill would stop any regulations under UIGEA from coming into force apart from those relating to sports betting. The bill now moves on to be discussed in the House of Representatives, although this is unlikely to be until November and is likely to run into timetable difficulties with the presidential election also taking place in November.


Political observers now believe that a much-watched proposal that could bring about the introduction of legal intrastate online poker in the state of California is likely to fail due to the costs of a complicated study that would be required to determine whether legalisation would be beneficial to the state.

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