UIGEA Implementation Rules Published
On October 1, 2007 the Federal Reserve and the Department of the Treasury released their joint report on the rules and regulations that would make the Unlawful Internet Gambling Enforcement Act (UIGEA). While the rules may clarify some of the requirements for the UIGEA, if you are looking for a clear anc concise answer, you will have to wade through the 52 page document.
Related Poker News:
- UIGEA Rules Implemented
- D.C. Think Tank ‘White Paper’ Assails UIGEA
- Kyl Puts Heat on Federal Agencies to Accelerate UIGEA Implementation
- US Treasury, Federal Reserve Publish UIGEA Rules
- UIGEA Update: iMEGA Challenge Dismissed but Legal Standing Granted
- Four Republican Congressman call for UIGEA ‘Unlawful Internet Gambling’ Clarification
- Sessions Introduces UIGEA ‘Clarification’ Bill; PPA Pans Measure’s Language
- Politics and Poker: Fed Rules, Schmules
- US Awaits Implementation of UIGEA
- Final UIGEA Rules Still Unclear About Online Poker
- Congressional UIGEA Hearing Confirmed for April 2nd
- U.S. Government Releases UIGEA Rules Proposal
Poker lexicon:
- MITES AND LICE - A hand consisting of two pair, threes over twos.
- WHITE BLACKBIRD - A hand so astonishingly rare as to be unworthy of the opponents' consideration, e.g., being dealt a pat royal flush in 5-card draw.
- TOURNAMENT - A highly structured game involving potentially dozens of tables where all participants pay an entry fee and obtain a fixed number of chips. Once a tournament has started, additional players may not enter. As the game progresses players bust out and are eliminated until only one winner remains.
- SHOWDOWN - The point at the end of the hand where all active players reveal their cards and the pot is awarded to the winner(s).
- READ - To determine whether an opponent has a good, medium or bad hand by observing his personal behavior. An inexact science.
- FOUR OF A KIND - A hand containing all four cards of the same rank.
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