The US Treasury Department has confirmed that rules relating to the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) are being pushed through to be implemented prior to the end of the Bush administration.
All administrations leaving office seek to complete controversial rules before their end of their term in what is called the “midnight drop”.
In the last few weeks, the Treasury sent the final rules to the Office of Management and Budget (OMB), a step required in their institution.
On The Rumor Mill……
UIGEA Conflict of Interest
The tussle over the completion of the directives, specified under the Unlawful Internet Gambling Enforcement Act of 2006 (or UIGEA), has increased recently with Congressman Steve Cohen asking White House official Fred Fielding to examine if an important Bush-administration lobbyist favouring UIGEA divulged a potential conflict of interest.
Dutch academic, Professor Ben van der Genugten has launched a scathing criticism of his government's decision to use the formula to determine which are those games of chance.
His declaration joins an expanding quantity of statistical evidence that shows that poker does indeed require elements of skill to be involved.
Kelly Kim has a mountain to climb.
In November, the World Series of Poker (WSOP) Main Event resumes with the final table and Kim is the short stack with only 2,620,000 in chips.
The ongoing online gaming conflict between the European Union and the United States is expected to result in an official World Trade Organization complaint, leaving open the door for potential claims of hundreds of millions of dollars in trade compensation against the US.
The Remote Gambling Association had formally submitted a complaint with the EU which had resulted in the beginnings of trade talks between the EU and US.
The ECOOP III will be heading to Poker Room School starting November 24 for fourteen glorious days of online poker action.
Fourteen events will be held to determine who will be crowned ECOOP III champions and take away the $4,150,000 guaranteed prize pool across the fourteen events.
City Center is MGM's megcasino development currently under construction in Las Vegas. Last year, DubaiWorld joined the project and became part owner in the $5 billion deal.
DubaiWorld owns several banks and was seen as a reliable backer for this huge project.
Four congressmen who voted in favour of the Unlawful Internet Gambling Enforcement Act back in 2006 have sent an open later to the Federal Reserve Board and the US Treasury asking for clarification of the act.
The four Republican congressmen - Judy Biggert, Jim Gerlach, Christopher Shays and Kevin McCarthy - state that they still agree with the act, but that it is problematic due to its vague nature which makes it unworkable.
The final stage has been reached at the 2008 World Series of Poker Main Event as nine players have remained to sit at the final table in November.
From a starting field of over 6000 entrants, 7 days of intense poker play whittled down players from across the world to the best nine.
Following the month-long WSOP promotion, we finally have 2 winners who will be representing PokerRoomSchool in the 2008 World Series of Poker Main Event in Las Vegas, this month.
Congratulations to our winners Mike K. and Christoph D. who each won a WSOP package worth $14,000.
