I mentioned last week that it's pretty much over for the US player - as in being able to safely play at an online casino for real money. In November, we conducted a poll in the forum to get sort of a feel on how the UIGEA (Unlawful Internet Gambling Enforcement Act) is affecting US players. November's poll indicated that over 50% of US players were somewhat affected by the new law - 18% not at all. Well things have changed over the past 90 days. Our poll indicates that over 30% of US players have quit altogether. Another 30% are having definite problems. Only one US player has stated that he/she is not affected by the new bill. Eh?
If you haven't taken the poll - please do. It's located here:
Pacific Congress on I-Gaming
It's being held at the Mandarin Oriental Hotel in Macau 26-27 February. I heard that the catering is supposed to be pretty good, so I'm flying out there tomorrow to see if this is true. Actually, I'll be in Hong Kong for a couple of days beforehand to get my sea-legs. And after the conference, I'll be checking out the Playtech offices in Manila. So this means you, my dear ${token2}, can anticipate a bitchin' report on Casinomeister's Asian trek. Stay tuned for that one.
In the meantime, Vortran will be at the helm, so be prepared for that.
Grab yo' self a hot cup o' java and listen to this:
*Where the online gaming industry is going *The Virtual Casino Group * Vortran007's Casino Warning
Don't have time to listen to this stuff while sitting in front of the computer? Hell - download it to your iPod (or other MP3 player), and you can listen to me and Vortran while at the gym, at church, or shopping at Walmart:
MP3 File Download For your iPods and other MP3 players. http://casinomeister.com/mp3/22february2007.mp3 To download the MP3 file: right click the link, then "save target as...", then chose a place on your hard drive and save.
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From the Archives!
An American astronaut has an emergency during his re-entry into
earth's atmosphere and his space craft crash-lands in the
Australian bush, way out in the middle of nowhere.
After what seems like an eternity, he wakes up in a bush
clinic, very rustic, dirty, with foul smells and he is bandaged
from head to foot. He sees a very large, somewhat gruff looking
nurse approaching him as he lies in his cot.
"Did I come here to die?" he says with a deep sense of
resignation and fear.
"No," the Aussie nurse replies, "You came here yesterday.
Groan...ha ha ha!
IS THERE A MOVE AFOOT TO CHALLENGE THE UIGEA?
Talk on the London market boosts online gambling shares
Online gambling company shares listed on the London market received a brief fillip this week as talk circulated that a US Congressman could be about to challenge the Unlawful Internet Gambling Enforcement Act passed in October last year. The Act targets for disruption any online gambling financial transactions and has had an adverse impact on the American online gambling market.
The rumour was that US Congressman Barney Frank, who is chairman of the Financial Services Committee in Congress is preparing an attempt to have the legislation repealed, and on the strength of it Party Gaming shares surged by some 20 percent.
UK business media contacted the politician's office in Washington, only to be told by a spokesman that although Frank was "not in favour" of the restrictions facing online gambling as a result of the Unlawful Internet Gambling Enforcement Bill, there was “nothing on the agenda right now” to reverse the bill.
He refused to say whether the Congressman was considering such a move.
Other possible explanations for the revitalised interest in online gambling stock then emerged, including a theory that the Party Gaming group may be a bid target for both online betting groups and real-world bookmakers, or manouvering ahead of PG's results announcement scheduled for next month amid talk that the company is growing market share as regular players seek out the busiest online poker tables.