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  #1  
Old 10-05-06, 04:48 PM
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Default Bugsy's Club shows some common sense....

With all of the sites over-reacting in the other direction, thought we could use a little more from the other side... From Bugsy's Club's forum, post by the pokerroom manager.

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Regarding the recent bill passed regulating payments to online gaming sites-

Most important is that this bill does NOT make it illegal for individuals to play poker online.

The bill targets payment processors and US banks and is basically trying to make it difficult for online poker sites to allow their customers to fund their accounts (nothing new here really).

The bill does not take effect immediately. After the president signs the bill into law (if) (within the next 7-10 days), a government board will have 270 days to come up with new regulations for the banks and payment processors to follow. And even after the regulations are published they will likely not go into effect immediately, since the banks and payment processors will need time to add systems to comply with the new regulations. Smaller banks have already stated they would not even have the necessary resources in place to monitor such transactions.

We want you to know that we will continue doing business with our US customers. We are a legal and licensed business in the Netherlands Antilles and none of our operations are carried out on US soil. We have no intention of closing USA player accounts or restricting their ability to play on BugsysClub.

The World Trade Organization ruling brought by Antigua and Barbuda has repeatedly instructed the United States to stop trying to block US residents from playing at such operations while the US simultaneously favors certain US operations (such as horse betting, lottery etc).

I will personally update you with any updates to this situation if or when they occur.

Luck Bugsy
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  #2  
Old 10-05-06, 06:09 PM
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Default

This is where my hope lies:

The World Trade Organization ruling brought by Antigua and Barbuda has repeatedly instructed the United States to stop trying to block US residents from playing at such operations while the US simultaneously favors certain US operations (such as horse betting, lottery etc).

I'd really like to see the WTP step up here.
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  #3  
Old 10-08-06, 10:26 AM
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Hi all New member here.

The bad news is the WTO has been dragging their feet on this.
The good news is The Chairman of Sporting Bet who was arrested and then released by my governor in NY went to Antigua this week precisely on this issue. My blog has a news post on this update.

I actually emailed the compliance department of SportingBet out of frustration to please pursue action with the WTO and to apologize for the arrest. I stated the US is run by a bunch of Wankers.. Not that they would listen to a bunch of Americans but you never now.
  #4  
Old 10-08-06, 12:10 PM
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1. Welcome to the forum.
2. Feel free to link to your blog in your Signature - User CP / Signature.
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