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Party Poker to freeze US accounts

Discussion in 'Casinomeister's Poker Room' started by awstick, Oct 2, 2006.

    Oct 2, 2006
  1. awstick

    awstick Dormant account

    Occupation:
    Student
    Location:
    US
    Not sure if this has been mentioned here before, but Party Poker released a statement that when Bush signs the bill into law, all US accounts will be suspended from real money play. This is terrible news since 90% of my income comes from online poker. Guess I need to move to Canada or the UK now... :puke:

    You must register/login in order to see the link.
     
  2. Oct 2, 2006
  3. prizewagon

    prizewagon Dormant account

    Occupation:
    Web Monkey
    Location:
    Atlanta
    Not a great time for a lot of folks, that's for sure.
     
  4. Oct 2, 2006
  5. tennis_balls

    tennis_balls Dormant account

    Occupation:
    fish n chips promoter
    Location:
    Albuquerque, NM
    even if you did move, I would expect that the games will have a lot fewer fish and prove much tougher to beat.
     
  6. Oct 3, 2006
  7. paul02085

    paul02085 Senior Member

    Occupation:
    Fishing :)
    Location:
    USA
    This fact is what makes the US bill much more horrible to poker players in other countries than casino players in other countries.

    Poker players will lose the whole ocean of fat fish in the US. I think fishing will become very difficult in the upcoming months.
     
  8. Oct 3, 2006
  9. tennis_balls

    tennis_balls Dormant account

    Occupation:
    fish n chips promoter
    Location:
    Albuquerque, NM
    of course, every cloud has its silver lining:

    You must register/login in order to see the link.

    sniffle....sniffle View attachment 3883

    these donkeys did more to destroy the image of online poker than any ranting far-right wacko ever could.....thank god their TV ads will now vanish here.
     
    Last edited: Nov 17, 2006
    1 person likes this.
  10. Oct 3, 2006
  11. cipher

    cipher Banned member - being a jerk

    I couldn't agree more.

    Have a good one.
     
  12. Oct 3, 2006
  13. tennis_balls

    tennis_balls Dormant account

    Occupation:
    fish n chips promoter
    Location:
    Albuquerque, NM
    i have very small amounts at a couple poker rooms so if it continues to look grim I'll probably just hook-up with a non-american poker friend for a "very friendly" heads up match rather than attempt to withdraw.
     
  14. Oct 3, 2006
  15. ace4suited

    ace4suited Dormant account

    Occupation:
    various
    Location:
    scotland
    Think you guys are overstating things

    Whilst the claim from party (if they stick with it) that when the bill gets enacted they will be freezing US accounts is worrying this is a long time a way and though a week is a long time in politics it is close to a life time in the online gaming world.

    The new law in its present form is not penalising players but rather making things harder for them to deal with the money side of things.

    Also lets not mince words as the new law has come in it is nothing more than watered down protectionism trying to get certain people a political boost at a particular time.

    given the nature of the new law is only dealing with the money side of things I do not see it (without other legislation coming in) actually affecting things much.

    There will be ways of getting round the financial issues (neteller was a way of getting round credit cards reluctance to deal with online gaming etc) so there will clearly always be ways round this. Whilst some sites will take attitudes to US players others will not and players will just move to those sites.

    Given that there might be a little more hassle in playing online it might cut down the number of players slightly, particularly of the weaker ones but there still should be plenty arround.

    The actual situation of whether playing poker online is legal in the US is a bit ambigious but this legislation does not really make much of an impact in clarifying matters.
     
  16. Oct 3, 2006
  17. Vesuvio

    Vesuvio Dormant account

    Location:
    UK
    It's not a long time away. Party say they'll suspend accounts when the bill's signed into law by the President, and say that's expected in two weeks: You must register/login in order to see the link.

    Transactions might still be possible for 9 months, but most companies aren't going to the take the risk in the meantime. In their prospectus before flotation Party admitted the US government considers their US business illegal, but what's changed now is the likelihood of action being taken against them.
     
  18. Oct 15, 2006
  19. tennis_balls

    tennis_balls Dormant account

    Occupation:
    fish n chips promoter
    Location:
    Albuquerque, NM
    not so fast!

    the damm partypoker ads continue to run as they had already purchased the time so the networks are obligated to run the ads.
     

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