Busy week on the legal front:
On Monday, UIGEA regulations went into effect making it more difficult for US residents to deposit into online casinos. While banks have over 10 months to comply, some players are already reporting that their deposit attempts have been blocked.
On Tuesday, the Kentucky Appeals Court overturned the previous courts findings and ruled that internet domain names are not “gambling devices” and not subject to forfeiture. This is a positive ruling for online gambling, but the domain battle is far from over. Up next: the Kentucky Supreme Court.
Poker fans found reason to celebrate this week a Pennsylvania Judge found two defendants not guilty on unlicensed gambling charges for holding a house poker game when he ruled that poker is primarily a game of skill. This ruling clears the way for legal house poker games across the country, easing the minds of millions of Americans who play poker.
Trump Entertainment Resort Inc, Donald Trump’s casino company, is desperately trying to avoid its 4th bankruptcy since 1991. The firm has managed to negotiate a 2-week debt extension to keep lenders at bay, but with terrible revenue reports coming out of Atlantic City, it might be only a matter of time. Trump One Card members with a significant balance of points should consider cashing in and requesting some of their hard earned comps while they still can.
At least 3 people from Nebraska avoided falling victim to the Gambler’s Fallacy after they won by using the same numbers from the previous week. That’s right, Monday night’s “Pick 3” drawing produced the same winning numbers 2for two weeks in a row.
1979 WSOP Winner and Poker Hall of Fame member Amarillo Slim was beaten and robbed of $8,000 cash and a …