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UK
Casino Times
> Casino
Articles
09 November
2006
Ambulance Chasing In The Casino
World
Those online poker
rooms that pulled out of the American market following the
new laws may have left a void, but not for very
long.
Following US President
George Bush's October 13th signing of the Unlawful Internet
Gambling Enforcement Act, the Online
Casino industry on
the other side of the Atlantic went into panic mode. With
rumours flying that arrests of top online gambling
executives had and would take place, as well as fears of
hefty fines and closures, some Online
Poker rooms and
online casinos began closing shop and selling off their
shares. The major companies to do this were those that were
publicly traded and had external superiors to report
to.
While there were certainly
a large number of companies that pulled out of the American
market, there were some, who, after receiving legal advice,
decided to stick it out. One of these companies,
Poker
Stars, consulted
with their legal team for several days and was advised that
the laws did not affect them and that they had no problem in
continuing business as usual for the American market, and of
course for the rest of the world. Poker Stars regulars
heaved a sigh of relief because it had been speculated that
they too would withdraw from the market - some players had
even pulling their money out of their accounts.
Judging by the weekend
tournaments that Poker Stars and other online poker rooms
held, it seems that the numbers are booming. Those poker
rooms that remained behind are literally picking up the
abandoned players from the stormy waters and dragging them
in to play at their sites. Millions of regular players were
left without a poker room to play at when their favourite
sites withdrew from the market, so those that are left
behind are raking it in.
Other poker rooms or
casino portals that were reliant on the American market are
making alternative arrangements to draw in the players. They
are translating their sites into languages other than
English, such as the European and Asian languages. Some have
simply moved offshore and hope that in this way, the laws
cannot affect them directly.
The Unlawful Internet
Gambling Enforcement Act is certainly a challenge for the
online casino world, but nothing that can't be handled. This
resilient and dynamic industry is bouncing back with a
vengeance - those sites and casinos that have decided to
stick it out are being rewarded for their loyalty by more
grateful players signing up every day.
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 World
Series of Poker tournament champions - Chris
Moneymaker (2003), Greg Raymer (2004) and Joe
Hachem (2005) choose only one online poker site -
Poker
Stars.
PokerStars offers
the largest poker tournaments and qualifies more
players for the World Series of Poker, World Poker
Tour and European Poker Tour than anywhere
else. Download
the free poker software now. Play with the
champions and take your shot at online poker
stardom.
US Players
Accepted!
Click
here to visit Poker Stars
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