New Law shuts down Party Poker and Pacific Poker

You might not know it but PacificPoker and Party Poker will not except and US players and if you have an account with them, your account will be closed. This is due to congress passing the “Unlawful Internet Gambling Enforcement Act of 2006”. This law restricts the US banking system from transferring funds to off shore gambling casinos. I have included two emails from poker rooms that are still excepting US players. Also GoldenPlace Poker is still excepting US players.

Email #1

Thank you for contacting us.

We first want to assure you that UltimateBet’s games are still available and that you can continue to enjoy the site as you always have. UltimateBet has offered its poker room since 2001, and is not located in the United States. UltimateBet is not going away as a result of this legislation.

Here at UltimateBet.com the management of player funds is held to the highest standard of a public company. 100% of player funds are deposited in a segregated account, at a top tier bank, the Royal Bank of Scotland in the United Kingdom. You can be assured that your funds are completely safe and secure and that you are welcome to play with or withdraw your funds at anytime as usual.

The new law does not change the legality of playing online games. The law does not impact people who play games from their computers. Instead, the law focuses on the payment processing of unlawful Internet gaming.

Our strong belief is that poker is a game of skill and therefore is not encompassed by this law. As set forth in the user agreement, we furnish a gaming environment, and participants are eligible to access this environment for their enjoyment where legal to do so. We do not undertake to assess the legality of play in any particular case as our users may access us from around the world.

We hope you continue to enjoy playing at Ultimatebet.com

Email #2

This is an email I got from AbsolutePoker and where they stand on the issue.

"Absolute Poker Business as normal! Absolute Poker is a privately held business and its executives today issued this following statement:
“As the 4th largest online poker company, we continue to welcome all Poker Players! AbsolutePoker.com is Absolutely confident in its ability to continue to offer United States customers the very best in Online Poker with the fastest secure deposit and payout solutions. All new and existing customers should be 100% confident in playing with the very best www.AbsolutePoker.com.”

More importantly Absolute Poker is a privately held operation, which gives our business model more flexibility and creativity in operating that our publicly held counterparts don’t have. Furthermore, the Safe Ports Act passed by the U.S. Congress on September 30th neither prohibits nor makes it illegal for any U.S. customer to transact with AbsolutePoker.com and therefore customers experience at AbsolutePoker.com will not change. Our business continues to run as normal and our executive team expects to see the business continue to grow in both the short and long term.

We are exploring all of our options with our existing payment processors and ensure any existing or new customer that your funds are safe and secure. Indications are that many of our payment providers will be unaffected by this law and their business will also be able to operate uninterrupted and unimpeded.

We are confident that our business, and that of our partners and suppliers, will be unaffected because while the efforts of the U.S. Congress could potentially block transactions conducted within the U.S. banking system, many of our payment providers transactions are done within the framework of the international banking system, which the U.S. Congress has no control over.

We will have continued updates and assessments of this situation, but we are confident again that you will be able to continue to enjoy all of the offerings at AbsolutePoker.com as you always have. We look forward to having you as a customer, and being a part of our site as we grow and experience new heights in the years to come...."

As we get more information on this new law we keep you updated.

Eric
Kasinoonlinepoker.com