Offshore Poker Companies Benefit from Ban
Companies that are taking advantage of a 270 day window of opportunity left open by the Unlawful Internet Gambling Enforcement Act had a good year, according to various sources. The window was granted to banks and credit card companies by the US federal authorities to allow them time to determine how best to stop money flowing from customers to online betting sites. Many companies that trade publicly were unable to take advantage of the window due to a desire to adhere to the laws, leaving four of the top five poker rooms in operation today operating from offshore tax shelters according to the Global Betting and Gaming Consultancy.
Related Articles:
Unlawful Internet Gambling Enforcement Act of 2006 now law
Read reviews of the rooms open to US players…
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Poker slang:
- BOARD - The exposed cards in Hold'em and stud. Also BOARD CARDS.
- BEE No. 92 (TM) - Trade name for the "diamond back" cards frequently used in casino games. Compare: RIDER BACK.
- LIVE BLIND - The last and largest blind bet may or may not be LIVE. If LIVE, the blind bettor has the option of "raising" his own blind in the event the bet is called around to him. This is normal, and is sometimes referred to as "blinds are live".
- COMPUTER HAND - Texas Hold'em hole cards of Q-7 offsuit. More generically, any hand that computer analysis/simulation determines is positive but turns out to be difficult to play in practice.
- STACKED [DECK] - A deck that has been arranged to give one player a huge advantage. Also: RIGGED.
- DOOR [CARD] - A player's first upcard in stud games.
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