Sunday, March 16, 2008

Poker Stars - N.Y. reps signs on to IGREA

N.Y. reps signs on to IGREA

Rep. Timothy Bishop (D-N.Y.) became a cosponsor of H.R. 2046, the Internet Gambling Regulation and Enforcement Act, Friday.


Currently serving his third term as a Congressman, Bishop is a member of the House committees on Budget, Education and Labor, and Transportation and Infrastructure.


During the 109th session of Congress, Bishop voted for Bill Frist's bill to further restrict online gambling in the United States. He voted yes to the Unlawful Internet Gambling Enforcement Act, allowing it to pass into the Senate where it was added to the Safe Port Act and passed into law.


Now he has switched sides to support legalizing and regulating Internet gambling, which would bring the United States into compliance with World Trade Organization regulations and potentially bring in billions of dollars in tax revenue for the government.


He brings the number of IGREA cosponsors up to 47, joining the following Congressman:


George Miller (D-Calif.)

Neil Abercrombie (D-Hawaii) Gary Ackerman (D-N.Y.) Robert Andrews (D-N.J.)
Joe Baca (D-Calif.) Shelley Berkley (D-Nev.) Howard Berman (D-Calif.)
Earl Blumenauer (D-Ore.) Michael Capuano (D-Mass.) Russ Carnahan (D-Mo.)
Julia Carson (D-Ind.) William Lacy Clay (D-Mo.) Steve Cohen (D-Tenn.)
Joseph Crowley (D-N.Y.) William Delahunt (D-Mass.) Bob Filner (D-Calif.)
Vito Fossella (R-N.Y.) Raul Grijalva (D-Ariz.) Luis Gutierrez (D-Ill.)
Alcee Hastings (D-Fla.) Michael Honda (D-Calif.) Steve Israel (D-N.Y.)
Peter King (R-N.Y.) John Larson (D-Conn.) Carolyn McCarthy (D-N.Y.)
Jim McDermott (D-Wash.) James McGovern (D-Mass.) Charlie Melancon (D-La.)
George Miller (D-Calif.)James Moran (D-Va.) Ron Paul (R-Texas) 
Ed Perlmutter (D-Colo.) Ciro Rodriguez (D-Texas) Steven Rothman (D-N.J.) 
Linda Sanchez (D-Calif.)Adam Schiff (D-Calif.) Robert Scott (D-Va.) 
Adam Smith (D-Wash.) Ellen Tauscher (D-Calif.) Bennie Thompson (D-Miss.) 
Edolphus Thompson (D-N.Y.)Melvin Watt (D-N.C.)Anthony Weiner (D-N.Y.) 
Robert Wexler (D-Fla.) Lynn Woolsey (D-Calif.) Albert Wynn (D-Md.) 
Don Young (R-Alaska)  
 Related Articles:

New Cosponsor for Online Gambling Bill

Three More Support IGREA

Blumenauer Makes 41 for IGREA


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U.S., Costa Rica reach net gambling settlement

As compensation for not allowing online gambling companies based in Costa Rica access to U.S. customers, the United States has offered Costa Rica greater access to other service markets, including research and development, storage, technical testing and analysis.

This is similar to the settlements the United States has reached with Canada, Japan and the European Union in the matter.

Costa Rica's settlement took place after the country had filed for arbitration before the World Trade Organization, when it didn't look like the United States and Costa Rica would be able to find agreeable terms.

"The agreement has been satisfactory for the country," said Foreign Trade Minister Marco Ruiz in a written statement.

The United States has been under fire in the WTO for its online gambling laws since Antigua and Barbuda asked the organization to look into it a few years ago.

The WTO eventually ruled that the United States was in violation of trade regulations it had agreed to when it became a part of the WTO. While countries are allowed to protect their residents from products and services they consider to be a threat, they have to do so in a fair, unilateral manner.

While the United States has argued that it does not allow online gambling because of the social ills that come with gambling, it does still allow states to provide lottery services online and horse race betting online is permitted.

Because of the WTO ruling, Antigua and Barbuda was able to ask for damages in the case until the United States brings its laws in line with the WTO trade regulations.

Rather than changing its laws, the United States has chosen to alter its agreement with the WTO to exclude online gambling. By doing so, it opened itself up to compensation claims from any country where online gambling companies are headquartered.

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Wynn Classic main event begins today

What draws the players is the thing that poker players are always in pursuit of:  the money. 

Because of the location - the Wynn in Las Vegas - and the higher buy-in events ranging from $300 to $1,000 and $2,000 that make up the schedule, the Wynn Classic usually draws a multitude of top pros as well as amateurs looking to that take their shot at the money.   

Last year, 198 players came to the tables for the $10,000 Championship Event to battle it out for their piece of the nearly $2 million prize pool, and the final table had all the star power that you could want. Players such as Michael "The Grinder" Mizrachi, Johnny Chan, Mike Matusow and Chau Giang were there, but fell short of the inaugural Wynn Classic championship.   

In the end a previously unknown player, Zachary Hyman, outlasted these gentlemen and pro player Ted Lawson, whom he battled heads-up, to take the championship and the $729,033 first-place prize. 

The schedule this year has already seen quite a few pro players as well. Josh Arieh and Allen Kessler have both won tournaments on the schedule, and top pros such as the aforementioned Lawson, Dutch Boyd, 2007 WSOP Player of the Year Tom Schneider, David Plastik and Max Pescatori have all earned cashes.   

The online players have also been getting in on the fun and games, with Darrell "Gigabet" Dicken and Bertrand "ElkY" Grospellier making final tables. 

Two players in particular have stood out during this year's events. Brandon Cantu has earned three cashes and one final table during the schedule at the Wynn Classic. Perhaps he'll use some of the bounty money he picked up in San Jose during the WPT Shooting Star event to try to make another deep run in at the Wynn.   

The other professional who's been in the mix during the run of tournaments at the Wynn is Frank Rusnak.  While some might not have heard a great deal about the Chicago poker player, he has more than $300,000 in career earnings (including a final table appearance in the 2007 PokerStars Caribbean Adventure) and has made three Wynn Classic final tables. 

When the cards hit the air today, odd are the playing field will be larger than last year and filled with a plethora of some of the best professionals in the game.   

PokerListings will be there to report on all the action in the Live Tournaments section, and we'll find out if a top pro or another amateur collects the trophy at the Wynn Classic.


Last chance to qualify for PartyPoker Million

The final $600+$40 satellites kicks off at 4:15 p.m. (EDT) offering players a shot at a seat in the PartyPoker Million VI cruise taking place May 3-9.

The prize package includes the $8,200 buy-in for the tournament, $2,700 for travel and accommodation and $1,100 in spending money.

The eight-day cruise sets sail from Venice, Italy. On its Mediterranean journey it will make stops in Bari and Olympia/Katakolon in Greece, Izmir and Istanbul in Turkey, and Dubrovnik in Croatia, before retunring to Venice.

All along the way, participants will take part in the PartyPoker Million tournament, which has a $1 million first-place prize on the line.

Previous winners of the PartyPoker Million have included Kathy Liebert, Howard Lederer, Erick Lindgren, Michael Gracz and Mike Schneider.

The first PartyPoker Million was a breakthrough for poker as it was the first Texas Hold'em tournament to offer a $1 million first prize. It was also the first tournament to combine direct buy-in players with online qualifiers.

At least five prize packages for the event will be given away in today's final satellite, and PartyPoker is promising a prize package for every 20 players in the satellite.

The cruise will also offer plenty for the non-poker players accompanying the tournament participants. On board there are restaurants, bars, tennis courts, mini golf, pools, spas, discos, a cinema, shopping and more.


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