Headlines: Poker, Law, and Politics (2/08/07)

article:
Poker tourney set despite past controversy (Dayton Daily News, 02/08/07)

Gambling continues to plague college sports (News 8 Austin, 02/08/07)

Alta. gaming authority probing native band’s online gambling scheme (Canada.com, 02/08/07)

blog:
Neteller Rolls Over (Ed Miller, 02/08/07)

Antigua reacts to World Trade Organization findings in support of their online gaming dispute with the USA (Lou Krieger, 02/06/07)

press release:
NETELLER Works to Return Funds to US Customers After US Withdrawal (Neteller, 02/08/07)

excerpt:
Poker tourney set despite past controversy (Dayton Daily News, 02/08/07)
“A four-day Texas Hold ‘Em tournament organized by Reece’s Las Vegas Supplies begins today at the Dayton Convention Center eight months after the Ohio Attorney General’s office blocked the Riverside firm from conducting a similar charity poker tournament there last March.”


Gambling continues to plague college sports (News 8 Austin, 02/08/07)
Franzese said addiction can start young, with card games that can become intensely competitive for the need to win. “Parents, I caution them to watch their children because I hear so many stories that parents are buying their kids cards and having poker parties at their homes, not realizing it that these kids are taking it to another level and the research that shows you this now is mind boggling. I mean kids are getting hooked eight, nine and 10 years old,” Franzese said.

Alta. gaming authority probing native band’s online gambling scheme (Canada.com, 02/08/07)
“Alexander First Nation, just north of Edmonton, announced last October that its own gambling commission will regulate and offer licences to Internet gambling operators – based on the notion that the treaty band can derive powers from its own gambling law, separate from Alberta or Canadian laws.”

blog:

Neteller Rolls Over (Ed Miller, 02/08/07)
“The bottom line is that the Feds have snagged the biggest fish in the pond. The fish is going down without a fight. They are handing over their records and negotiating for return of the seized funds. I would guess that some funds will remain seized, and some funds will be released. And that the Feds will start going after some of the “high volume” players.”

Antigua reacts to World Trade Organization findings in support of their online gaming dispute with the USA (Lou Krieger, 02/06/07)
Mark Mendel, the attorney representing Antigua at the WTO hopes to meet with McCreevy soon to discuss how Antigua’s trade dispute with the Untied States could benefit from European Union support. Mendel was quoted as saying, “What I do think they (the European Union) can do is add support to our case and help encourage us to get the right results, so I think they can be very helpful. They may be able to provide us with some support at the governmental level that could be beneficial.”

press release:
NETELLER Works to Return Funds to US Customers After US Withdrawal (Neteller, 02/08/07)
“Additionally, the Group has been advised that the USAO has obtained court-ordered seizure warrants seizing funds pertaining to the Group’s transactions. To the best of the Group’s knowledge, it believes that the amount of funds seized by the USAO or otherwise restricted by third parties does not exceed US$ 55 million. These funds were largely in the process of being transferred from the Group to its US customers or vice versa.”

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