Party & 888 Deny US Player New Deposits |
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Posted Mon Oct 02, 2006 2:35 am GMT by Sid Lambert
You can still get yer money out, but no new US players
Reuters on Party
London Stock Exchange
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Posted Mon Oct 02, 2006 2:38 am GMT by wEbMaStEr
"After taking extensive legal advice, the Board of PartyGaming Plc has concluded that the new legislation, if signed into law, will make it practically impossible to provide US residents with access to its real money poker and other real money gaming sites. As a result of this development, the Board of PartyGaming has determined that if the President signs the Act into law, the Company will suspend all real money gaming business with US residents, and such suspension will continue indefinitely, subject to clarification of the interpretation and enforcement of US law and the impact on financial institutions of this and other related legislation. "
Wooooowwwwwwwwwwwwww
GG America
Posted Mon Oct 02, 2006 3:50 am GMT by Sid Lambert
I should add the caveat that this won't happen until bush signs the port security bill, but that seems quite certain...i wouldnt give it one out on the river...
Posted Mon Oct 02, 2006 8:30 am GMT by gumbie
Party has a plan.
From 2+2:
Looking at LSE news:
Mitch Garber – option exercised in respect of 1,749,999 shares
Martin Weigold – options exercised in respect of 684,448 shares
David Abdoo – options exercised in respect of 427,780 shares
That's some Party executives bought nearly 3 MILLION shares. They must have a plan so cunning you could stick a tail on it and call it a weasel.
Posted Mon Oct 02, 2006 9:09 am GMT by Sean_in_NJ
| gumbie wrote: | | That's some Party executives bought nearly 3 MILLION shares. They must have a plan so cunning you could stick a tail on it and call it a weasel. |
Like taking the company private again? Given the stock fell 60% this morning, this is hardly a neon sign of some "plan." Besides, they still have almost every other country in the world as a marketplace.
The truth is these companies WILL NOT attempt to find work-arounds for US customers. There's is nothing they want more than to be able to operate legitimately in this country. Doing their best to help their customers circumvent US law is only going to lend credence to the perception that they're less than reputable entities.
Posted Mon Oct 02, 2006 10:27 am GMT by suitedaces84
Do I need to get my money out of party and pacific?
Posted Mon Oct 02, 2006 10:27 am GMT by wEbMaStEr
The main difference between sites like Party & 888.com and pokerstars is that Party & 888 are essentially gambling sites with full casino, blackjack, etc. Pokerstars is a poker site.
So they are directly effected by this gaming bill, pokerstars could well fight there case.
Statement from Lee Jones in light of events of past couple of days: -
Hi folks -
Obviously, there are many unanswered questions at this point - we'll let you know more as time progresses.
However, there are three important things that we can tell you right now:
1. Your money is completely safe at PokerStars. It's kept in a segregated account at one of the largest banks in Europe.
2. You do, and will, have 24/7 access to your account funds. You will always be able to get to your money.
3. We have not made a decision one way or another as regards closing our American accounts.
The other thing that I can promise is that we'll keep the lines of communication open to forums such as these. Stay tuned.
Best regards,
Lee Jones
PokerStars Poker Room Manager
Posted Mon Oct 02, 2006 10:29 am GMT by wEbMaStEr
Statement from Truepoker: -
Can I make a Deposit to TruePoker from the United States ?
Congress passed the UIGE Act of 2006, which covers deposits made by US players to certain types of sites. Our read is that Act covers only sites which offer Sports Betting or Casino type games where you bet against the Site itself.
We are not going to be breaking any laws, we believe this Act does not apply to sites not in "the business of betting or wagering", which we are not.
We will need to see what develops in the payments processing industry over the next few weeks with respect to your ability to send money, but TruePoker's poker operations will continue for US players.
Summary:
TruePoker does NOT make or accept bets or wagers in which it has any stake in the outcome. So, our games and tournaments, and your deposits, are not covered by this UIGE Act of 2006.
TruePoker does not have a stake in the outcome of the games or tournaments we offer, in the US or anywhere else. (We do not offer casino games or sports betting, and so have no stake in the outcome and are not in the "business of betting or wagering")
Business Decisions:
Certain sites, such as Party and Pacific, have decided to abandon the US poker market as a busness decision. We view our commitment to our customes a bit differently. The Act does not outlaw playing poker on the Internet from the US, period. We certainly will accept deposits and new accounts as long as we can do so. We see NO reason to cut off play in any event under this Act.
As you do, We await developments in the payments processing industry, but it is business as usual for Truepoker's poker operations.
Posted Mon Oct 02, 2006 10:40 am GMT by wEbMaStEr
To cut a long story short, pretty much every other poker site has come out and said they will be doing nothing like Party & 888 in the immediate future.
Posted Mon Oct 02, 2006 11:12 am GMT by Jauron
Good to hear, I needed to leave party anyways, this will force me to.
I recently started playing mostly at Pokerstars, good to know I should be able to continue there.
Posted Mon Oct 02, 2006 12:23 pm GMT by zeroswarm
Are party shares worth buying now, I wonder?
Might just be a shrewd investment....
Can't quite believe this. I thought America was like the land of the free!
Hardly freedom if you ain't even allowed to play a hand of cards....... 
Posted Mon Oct 02, 2006 12:35 pm GMT by khaosanroad
Damn, I just finished my raked hands for my deposit bonus this morning, and it hasn't been released yet.
I also noticed the other day that party lists people by their country instead of their city.
Edit: They finally released my deposit bonus.
Now I have to decide if I want to cash out and put it on stars.
Posted Mon Oct 02, 2006 1:00 pm GMT by khaosanroad
| gumbie wrote: | Party has a plan.
From 2+2:
Looking at LSE news:
Mitch Garber – option exercised in respect of 1,749,999 shares
Martin Weigold – options exercised in respect of 684,448 shares
David Abdoo – options exercised in respect of 427,780 shares
That's some Party executives bought nearly 3 MILLION shares. They must have a plan so cunning you could stick a tail on it and call it a weasel. |
They might be looking at splitting off a new poker only site, to get around the gaming ban.
Posted Mon Oct 02, 2006 1:11 pm GMT by xDiamond_CutteRx
Anger.... furious anger...
As if I didn't hate Bill Frist enough already, this made him my lifelong nemesis.
I wonder how long it will take until Stars jumps on the "No US players" bandwagon. I'm not depositing one cent until I see how this plays out over the next month or two.
Posted Mon Oct 02, 2006 1:45 pm GMT by General Sal
Well, I just took my money out as of today.
Posted Mon Oct 02, 2006 1:49 pm GMT by jimmer
| zeroswarm wrote: | Are party shares worth buying now, I wonder?
Might just be a shrewd investment.... |
surely it's better to invest in a couple of the other big poker sites. Afterall, i guess their going to have a big increase in customers over the next few months????? But looking at the big picture, i think you've probably already missed the boat. Surely they have been made aware of the new laws in advance, (even if only by a few hours) and acted accordingly.
I think you'd be better off investing your money in my bankroll!!!!!!!!!
Posted Mon Oct 02, 2006 2:24 pm GMT by General Sal
Something interesting I just found at Cardplayer...
http://cardplayer.com/poker_news/news_story/1428?class=PokerNews
Maybe I'll put my money back in, LOL...
Posted Mon Oct 02, 2006 2:32 pm GMT by kingetje
this is all absolutely ricidulous.... havent they got anything better to worry about? jeez! im not an american and i dont play at party or pacific (anymore) but its still crummy as hell....
please leave doyles room alone mr american government
Posted Mon Oct 02, 2006 2:36 pm GMT by pat1971
So is this just a ban on sites that offer lots of casino type games and not on the ones who just have poker?
Posted Mon Oct 02, 2006 2:36 pm GMT by General Sal
So, we know that TruePoker is gonna continue operations in the U.S. 888.com and Party are not. So, Pokerstars is keeping their site going in the U.S. ... anyone got links to statements from UltimateBet, Full Tilt, Paradise poker?
Posted Mon Oct 02, 2006 2:44 pm GMT by Sid Lambert
gambling911 says stars is out too
source
i think i heard somewhere that fulltilt is staying, paradise is going, havent heard anything about ub
Posted Mon Oct 02, 2006 3:05 pm GMT by jimmer
| Sid Lambert wrote: | | havent heard anything about ub |
I think there's a standard email circulating. I've got this from a mate who asked the question. I guess this is genuine, but I can not guarantee it.
| UB wrote: |
"Thank you for contacting us.
We first want to assure you that UltimateBet’s games are still available and that you can continue to enjoy the site as you always have. UltimateBet has offered its poker room since 2001, and is not located in the United States. UltimateBet is not going away as a result of this legislation.
Here at UltimateBet.com the management of player funds is held to the highest standard of a public company. 100% of player funds are deposited in a segregated account, at a top tier bank, the Royal Bank of Scotland in the United Kingdom. You can be assured that your funds are completely safe and secure and that you are welcome to play with or withdraw your funds at anytime as usual.
The new law does not change the legality of playing online games. The law does not impact people who play games from their computers. Instead, the law focuses on the payment processing of unlawful Internet gaming.
Our strong belief is that poker is a game of skill and therefore is not encompassed by this law. As set forth in the user agreement, we furnish a gaming environment, and participants are eligible to access this environment for their enjoyment where legal to do so. We do not undertake to assess the legality of play in any particular case as our users may access us from around the world.
We hope you continue to enjoy playing at Ultimatebet.com" |
I guess it's pretty consistant with the opinion of the other sites.
Posted Mon Oct 02, 2006 3:11 pm GMT by jimmer
| General Sal wrote: | | ... anyone got links to statements from Full Tilt, |
I can get you a quote from full tilt, but it's directly from their web site. Am I allowed to set up a link on this forum??????
Posted Mon Oct 02, 2006 3:14 pm GMT by jimmer
also found one from the London stock exchange.
http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNewsPopup.aspx?id=1308926&source=RNS
Posted Mon Oct 02, 2006 3:25 pm GMT by wEbMaStEr
| Sid Lambert wrote: | gambling911 says stars is out too
source
i think i heard somewhere that fulltilt is staying, paradise is going, havent heard anything about ub |
I'm pretty sure that the gambling911 story is based more on rumour than fact.
I can also confirm that Paradise (or rather the company which runs paradise) has stated they are NOT going to ditch US players. I have also seen statements from FTP saying the same.
I think Party's actions are really really jumping the gun, this bill is coming, yes, but even after el presidente signs it it won't be law for another 8 months or so.
Also as the article says, it's not banning online poker, only banning financial transactions between banks/credit cards etc and online gaming sites. So if you can get money to NETeller (which I'm sure is also not a US company) you could move it onto a poker/gaming site
I think Party/888 have seriously misstepped here, unless they have something big up their sleeve.
Posted Mon Oct 02, 2006 3:38 pm GMT by Jauron
If the distinction is made between poker and casino sites, I'm sure places like Party will just find a way to split up the sites.
I can't really imagine wanted to give up 250M potential customers just because you want to have a casino.
Posted Mon Oct 02, 2006 4:41 pm GMT by Adam Marshall
| wEbMaStEr wrote: | | I'm pretty sure that the gambling911 story is based more on rumour than fact. |
Isn't gambling911 the same folks that totally spun that one story about a poker affiliate (like this site) who got arrested? They made it seem like he was arrested for being an affiliate when in fact he was arrested for violating the Wire Act by taking bets over the phone (which they didn't mention).
Let's wait on that one.
---
Full Tilt did take a stance, sort of... Article on Cardplayer
---
| jimmer wrote: | | I can get you a quote from full tilt, but it's directly from their web site. Am I allowed to set up a link on this forum?????? |
Jimmer, of course you can post a link. 
Posted Mon Oct 02, 2006 5:49 pm GMT by General Sal
Here's something a buddy sent me... basically it's a list of each site and their response to the new bill.
http://forumserver.twoplustwo.com/showthreaded.php?Cat=0&Number=7509074&an=0&page=0#Post7509074
Posted Tue Oct 03, 2006 6:54 am GMT by UrAteUp
Doyle's room is continuing to operate and well too I might add. It seems there is a new influx of fish to the site that is allowing me to build my bankroll. Till they tell me it is going down too to all US players I will keep playing.
Damn the government and the freedoms they take from eacvh and every american. Each and every day it seems King George and the rest of the Royal Jestures move to take away those freedoms that our brave have fought hard to ensure.
Look out world...the mighty imperialistic King George is at it yet once again. As history dictates though, all empires will fall.
Posted Tue Oct 03, 2006 10:56 am GMT by shorn7
I am a conservative and a Republican by registration, but I am disgusted by this law. I am sick to my stomach that the idiots in Congress have the audacity to tell me what I can do with my hard earned, AFTER FRIGGIN TAXED TO THE HILT dollars. As far as I am concerned, the whole lot of them can go F@#$ themselves.
Every day I slip closer and closer to full bore, bunker building, anarchy supporting Libertarian. I have had it.
Posted Tue Oct 03, 2006 10:59 am GMT by ORGrinder
i love how bush haters blame this on GB. did you actually READ the way in which congress voted? it's not a red vs. blue thing here pepole... it's a retarded politician thing... as in ALL politicians... as in ALL of them but 2 voted for it. if you want to blame someone, blame frist for being sheisty and sneaking it onto a terror bill.
Posted Tue Oct 03, 2006 3:17 pm GMT by Fat Tony
Well it's not like Democrats could really vote against anything with the word security in it five weeks or so before mid-term elections, why else do you think that Frist chose this bill to attach the rider to? If they did, can you imagine the attack-ads that Republican candidates would air? Democrats are generally perceived (somewhat unfairly in my view) as being soft on security so explain to me how they could have voted no on this without potentially blowing the upcoming election?
Posted Tue Oct 03, 2006 5:17 pm GMT by ORGrinder
you're right... they probably couldn't (nor should they have... probably). but neither could any republicans who didn't have anything to do with frist sneaking it into the bill... can you imagine the attack ads from the dems had they?
illustrates though the unfortunate mindset of the majority of americans (and non-americans) these days. everyone is so polarized that they turn EVERYTHING into an us vs. them thing as opposed to taking each issue and situation individually.
it's not longer about the issues for most people anymore. it's about red vs. blue, and that's unfortunate for all of us.
Posted Tue Oct 03, 2006 5:36 pm GMT by Fat Tony
| ORGrinder wrote: | | you're right... they probably couldn't (nor should they have... probably). but neither could any republicans who didn't have anything to do with frist sneaking it into the bill... can you imagine the attack ads from the dems had they? |
Sure, but i have a much harder time feeling sorry for Republicans who were against this because while they may not have supported what Frist did, they didn't exactly do anything about it either. And it IS coming from their own party so they are in a better position to at least TRY to do something than members of the opposition party are. Something reeeeaaally needs to done about this attaching unrelated riders to bills crap. (AND Presidential signing statements need to go as well while we're at it)
| Quote: | | it's not longer about the issues for most people anymore. it's about red vs. blue, and that's unfortunate for all of us. |
Ain't that the truth. *sigh*
Posted Tue Oct 03, 2006 6:03 pm GMT by ORGrinder
like i said before, the whole idea of riders and the way they work is mind bogglingly retarded. it's a problem with the system, not a red vs. blue thing. just because you don't feel sorry for repubs doesn't make them any more to blame for voting yes on this bill than the dems. i say again, if you have a need to take issue with someone, look to frist for sneaking it onto the bill in the first place. once there, pretty much everyone had to vote yes... especially this close to midterm elections.
Posted Tue Oct 03, 2006 6:13 pm GMT by Fat Tony
| ORGrinder wrote: | | just because you don't feel sorry for repubs doesn't make them any more to blame for voting yes on this bill than the dems. |
I don't blame them for voting yes, I blame for letting Frist attach this crap to the Port Security bill in the first place. Frist is a member of the Republican party so they have to live with the fallout of what he does the same way that Democrats had to deal with the fallout that resulted from Bill Clinton's shenanigans.
Posted Tue Oct 03, 2006 6:32 pm GMT by mackkie
So I have $175 being cashed out right now on party and I left $25 in there. Is it a good idea to cash that $25 out as well or can I leave it in there and play with it?
Posted Tue Oct 03, 2006 6:34 pm GMT by xDiamond_CutteRx
| mackkie wrote: | | So I have $175 being cashed out right now on party and I left $25 in there. Is it a good idea to cash that $25 out as well or can I leave it in there and play with it? |
Cash it all out before the close your account to all wagering. Depending what their minimum withdrawal is, you might never be able to get your money out otherwise.
Posted Tue Oct 03, 2006 6:36 pm GMT by Jauron
| mackkie wrote: | | So I have $175 being cashed out right now on party and I left $25 in there. Is it a good idea to cash that $25 out as well or can I leave it in there and play with it? |
The most probable "worst case" is they mail you a check vs being able to transfer it to your bank.
They could run off with your money but given they still intend to stay in the market (just not ours) it would very bad for business.
I'd say your ok.
Posted Tue Oct 03, 2006 6:42 pm GMT by mackkie
Here is my conspiracy theory:
All remaining US players who decide to keep playing with real $ will suffer bad beats and lose their remaining $ to non US players who can continue playing at the sites without any problems.
At least I got 175 out, i guess ill play with my remaining 25. Too bad foxwoods is 1.25 hours away. 
Posted Tue Oct 03, 2006 7:42 pm GMT by vyni
| Quote: | ----- Original Message -----
Sent: 2006/10/03 16:35:29
To: support@pokerstars.com
Subject: us market intentions
With the recent legislative developments in the US, we're seeing many poker operators abandoning the US market. I've read articles of Pokerstars intentions, but none provide any reference as to where the information was obtained.
Can you provide a responce as to whether PokerStars will also be declining accounts and/or real money play from US based players? |
| Quote: | Hello,
We appreciate and share your concerns about the bill which passed in the US Congress regarding the funding of internet gaming.
PokerStars' management and legal team are examining the bill and at this time there has not been any decision made one way or another with regards to accepting business from US customers.
All player funds are kept in a segregated account at a leading European bank. Regardless of any developments, your money is safe and accessible at any time.
As always, we thank you for playing on PokerStars.
Regards,
Eva
PokerStars Support Team |
Posted Thu Oct 05, 2006 12:36 am GMT by Earthshine
F all of them. I've taken thousands of $$ out of those sites. I'm not worried about the few hundred I have left in there. I'll continue to play until they complete shut down the sites (which ain't going to happen).. They can still do eft's and electronic transfers.. I ain't worried one bit.
F the US gov.. bunch of political hacks.
Posted Thu Oct 05, 2006 1:01 am GMT by mackkie
Lets all for a militia and revolt just like we did against the british 
Sorry to all those people who dont think this is a laughing matter, i am pissed as well, but what can i do about it? I dont think we are going to have unsafe ports in exchange for online poker.
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