WTO Rules U.S. Web Gaming Ban Illegal

While this probably isn't the silver bullet we've been looking for, but it is certainly a step in the right direction. With all the bad news that's been flying around for the last few months it's good to have a month when most of the news is in our favor. You can find the stories here:

Bloomberg

Business Week

For those Non US players looking for a new site you guy's should definitely check out Poker Heaven's $600 sign up bonus.

Poker Heaven Bonus

Greg Raymer’s PokerStars Account Hacked

This should be a warning to everyone. Make sure that your account is as secure as possible. At least these hackers were morons. Whoever thought it would be a good idea to hack and dump on of the most railed players in the game doesn't deserve the small amount of space his brain takes up on this earth. What scares me is when the smart people start hacking accounts instead of just the idiots with a little computer knowledge.

Greg Raymer's Account Hacked

Poker Edge Review

While it's not your normal news post I thought people might be interested in checking out this review I did on a great program called Poker Edge.

Poker Edge Review

NETeller Case Postponed

Looks like we will have to wait a little bit longer for news about the neteller case.

http://www.igamingbusiness.com/article-detail.php?articleID=13119

Neteller Charges Dropped?

If the charges are really going to be dropped that is amazing news for the industry. It is really nice to have some good news for a change.

http://www.cappersmall.com/sportscenter/CM-Columns/online-gambling-uigea-repeal2268.html

Some Great News

UIGEA NEWS ALERT
The office of US Congressman Barney Frank, who is chairman of the House financial services committee, has confirmed that he is currently working on legislation to repeal the Unlawful Internet Gambling Enforcement Act.
The news item appeared this afternoon on the Financial Times website and has been confirmed to eGaming Review by Frank’s press department. The details of how any repeal would take action have not been worked out and no timeframe was given.
Frank is quoted as describing last autumn’s Act as one of the “stupidest laws” ever passed and adds: “I am working on legislation to cut back on this internet gambling thing… I think it’s preposterous”.
While rumours of Barney Frank’s support for a repeal of the Act had been circulating around the egaming industry in the past few weeks, Frank himself had not confirmed or commented on them. Shares in PartyGaming, 888 and Sportingbet were all up this afternoon.
The FT says the mid-term Democratic victory in the US Congress brought some hope to the online gaming sector and John Conyers, chairman of the House judiciary committee, is also considered sympathetic to the industry.
But while Frank and Conyers are “powerful potential allies, it is far from clear that the lawmakers would have enough support to pass any meaningful legislation” because it is not clear “whether the votes would be there for a regulatory bill”.
The FT adds that the US treasury is currently drafting the rules to implement the Act but that the deadline for presenting them has been missed and is now expected in April or May.


http://www.egrmagazine.com/item/1669

Wall Street's poker gamble: All-in with WPT

Interesting article on the WPT stock. Poker is in a little bit of a dark time, so that might mean it's the perfect time to pick of some stocks.

Wall Street's poker gamble: All-in with WPT