2006 October 03 Poker News, Events and Happenings - Page 4

One of the most vociferous opponents of the US online gaming legislation, the Poker Players’ Association has vowed that it will keep up the fight to persuade legislators that online poker is a game of skill and not one of chance, and is therefore perfectly legal for its millions of players.

Agence France Presse carried some positive views in contrast to the doom and gloom that dominated the media on Monday. The high-stakes and morally charged offensive on Internet gamblers by US legislators was compared to the 1920s Prohibition against alcohol….and had about as much chance of long term success the service quoted several industry experts as saying.

Speculation is building that the major American land casino companies have not been discouraged from online ambitions by the recent moves to curb online gambling financial transactions by US players.

The Australian betting group Betcorp became the latest public company to issue a warning on the consequences of the new US anti-online gambling measure today (Tuesday)

With the US legislative debacle almost through its second day, online gambling companies continued to report on the the effect the loss of US business is likely to have on corporate fortunes.