How do you think the online gambling industry will react to the new "gambling ban" ? - GoFuckYourself.com

dj pussy · 10-02-2006, 05:44 AM

Online gaming in crisis over U.S. ban

LONDON (Reuters) - Online gambling firms faced their biggest-ever crisis on Monday after U.S. Congress passed legislation to end Internet gaming there, threatening jobs and wiping 3.5 billion pounds ($6.5 billion) off company values.

Britain's PartyGaming Plc, operator of leading Internet poker site PartyPoker.com, and rivals Sportingbet and 888 Plc said they would likely pull out of the United States, their biggest source of revenue.

Shares in PartyGaming, which rakes in nearly $4 million a day from its 19 million customers, fell 57 percent by 1155 GMT.

Sportingbet, which owns sportsbook.com and ParadisePoker.com, lost 60 percent, 888 was down 33 percent and Austria's bwin.com fell 24 percent.

Fizzgig · 10-02-2006, 05:45 AM

Maybe they'll just try to appeal to the foreign markets.

Klen · 10-02-2006, 06:01 AM

I hope they complain against that.

Fizzgig · 10-02-2006, 06:02 AM

I'm sure they will do that too.

Pipeline Q · 10-02-2006, 06:29 AM

i don't know the details, but it was banned primarily because the WTO was going to impose sanctions over a plan to block some foreign casinos. they threatened to give rights to an island nation to distribute copyrighted music and movies as the US sanction.

what has happened, and what i think will happen:

politicians pass it to please the far right.

Americans become upset over this new law.

congress partially lifts the ban, and leaves it up to each state.

the states allow their casinos to go online, and only residents of that state may play.

Spudstr · 10-02-2006, 06:51 AM

its not a law yet is it? Bush hasn't signed it correct?

jerseygto · 10-02-2006, 06:56 AM

Quote:

Originally Posted by Spudstr

its not a law yet is it? Bush hasn't signed it correct?

not that i know of.... but if he does believe me everybody gonna know about it we aint taking this lightly

E$_manager · 10-02-2006, 06:57 AM

If they will deal with some Russian market, will they live?

dj pussy · 10-02-2006, 06:59 AM

Quote:

Originally Posted by Pipeline Q

i don't know the details, but it was banned primarily because the WTO was going to impose sanctions over a plan to block some foreign casinos. they threatened to give rights to an island nation to distribute copyrighted music and movies as the US sanction.

what has happened, and what i think will happen:

politicians pass it to please the far right.

Americans become upset over this new law.

congress partially lifts the ban, and leaves it up to each state.

the states allow their casinos to go online, and only residents of that state may play.

I just spend 322$ on your idea of "the states allow their casinos to go online, and only residents of that state may play.?

Buying some domains: stateonlinecasino.com (X40)

elron · 10-02-2006, 07:12 AM

the online casinos with their 80% CB ratios should have been wiped out long time ago .

MarkMan · 10-02-2006, 07:26 AM

well.. i don't understand the fuss??

so the US will have some stupid law.. so the casinos move their office and hosting to some ofshore location.. and run it as normal. getting paid Using lots of diffrent E Currencys.. whats to stop them again?

oh .. and the US Gov looses tons and tons of $ in taxes..

anything i don't see??

pussyluver · 10-02-2006, 07:30 AM

The states start their own online gaming and charge more taxes in the process. Many sataes are already doing this with a type of online Keno. What to stop them from going totally online and offering other games?

Barefootsies · 10-02-2006, 07:33 AM

Well they should have been less greedy, thinking of their own pockets, and kicked their money into the coffers to buy their own Congressmen.

You see, this is why online will always be the whipping dog. You can't get WM's to kick in for collective fights on a unified front. So this is the end result.

Now take those old riches, and buy some tissue.

pussyluver · 10-02-2006, 07:33 AM

Another thought. Bush signs it, then there is the trial at law. Could be a states rights issue? It would still be law until struck down by the courts. An injunction could be issued to enable gambling while the concept is duked on in court.

I'm not an attorney.

Xenophage · 10-02-2006, 07:33 AM

Quote:

Originally Posted by MarkMan

well.. i don't understand the fuss??

so the US will have some stupid law.. so the casinos move their office and hosting to some ofshore location.. and run it as normal. getting paid Using lots of diffrent E Currencys.. whats to stop them again?

oh .. and the US Gov looses tons and tons of $ in taxes..

anything i don't see??

no credit cards = no $$ thats the problem. does not matter where you are if you can not accept credit card your biz is reduced 80%

polle54 · 10-02-2006, 07:34 AM

Party poker are already as we speak planning to promote like fucking crazy in europe.

But since 80% of partypokers players are from the US that's not hard to understand

There are aroung 50 mio. US players on partypoker.

pussyluver · 10-02-2006, 07:34 AM

Quote:

Originally Posted by Barefootsies

Well they should have been less greedy, thinking of their own pockets, and kicked their money into the coffers to buy their own Congressmen.

Exactly

E$_manager · 10-02-2006, 08:03 AM

Quote:

Originally Posted by Spudstr

its not a law yet is it? Bush hasn't signed it correct?

So why everyone is so worried?

cool1 · 10-02-2006, 08:07 AM

Maybe all those gamblers will now spend thier money on porn instead.
One can only hope

MarkMan · 10-02-2006, 10:23 AM

Quote:

Originally Posted by LegendaryLars

no credit cards = no $$ thats the problem. does not matter where you are if you can not accept credit card your biz is reduced 80%

you are wrong.. no one said no credit cards

see.. no credit cards directly to the casino.. but no one said no credit cards to Epassporte .. or no credit card to E-gold.. or no credit card.. to some other 3rd party E-currency ..

and so .. you the casino take payment in a 3rd party E-Currency.. and people and the affilates will get the surfers to convert theri Credit cards into that Currency

well.. thats the way i see things anyway

their is no single goverment that can control the internet .

dj pussy · 10-02-2006, 02:39 PM

Quote:

Originally Posted by Spudstr

its not a law yet is it? Bush hasn't signed it correct?

will sign in 2 weeks.

V_RocKs · 10-02-2006, 04:01 PM

I feel sorry for anyone that invested in those companies last week.. they lost a lot of money..

tony286 · 10-02-2006, 04:04 PM

this law was for the gaming lobby in the us

djroof · 10-02-2006, 04:04 PM

wow this is HUGE hit!!!

Quagmire · 10-02-2006, 04:11 PM

I imagine the ewallets will pick up the slack. More people will apply for Neteller accounts and business will pick back up.

Daruma · 10-02-2006, 04:14 PM

Quote:

Originally Posted by Quagmire

I imagine the ewallets will pick up the slack. More people will apply for Neteller accounts and business will pick back up.

problem = US banks stop working with Neteller - then what?

MarkMan · 10-02-2006, 04:16 PM

then people use e-gold.. that can't be stoped ..

i never understood why they did it that way.. why they don't collect money themselfs.. now i know.

minusonebit · 10-02-2006, 04:27 PM

There is always Western Union. When I deposit into some of my online gaming accounts, I am told to send a wire to a paticular person in another country, not to a company. That person is an appointed reciver for the outfit, as best as I can figure. They probably take a processing fee for themselves and pass the rest on to the operator.

The adult industry and the online gaming industry need to wake the fuck up and take control back of thier industries. The same thing could and will happen to the adult industry if we dont stop putting all our eggs in one basket. People WILL pay for things they want with methods other than credit cards, we simply need to show them the way.

10-02-2006, 05:44 AM	#1
dj pussy Confirmed User Join Date: Jul 2003 Location: google Posts: 1,440	How do you think the online gambling industry will react to the new "gambling ban" ? Online gaming in crisis over U.S. ban LONDON (Reuters) - Online gambling firms faced their biggest-ever crisis on Monday after U.S. Congress passed legislation to end Internet gaming there, threatening jobs and wiping 3.5 billion pounds ($6.5 billion) off company values. Britain's PartyGaming Plc, operator of leading Internet poker site PartyPoker.com, and rivals Sportingbet and 888 Plc said they would likely pull out of the United States, their biggest source of revenue. Shares in PartyGaming, which rakes in nearly $4 million a day from its 19 million customers, fell 57 percent by 1155 GMT. Sportingbet, which owns sportsbook.com and ParadisePoker.com, lost 60 percent, 888 was down 33 percent and Austria's bwin.com fell 24 percent.

10-02-2006, 05:45 AM	#2
Fizzgig Registered User Join Date: Feb 2004 Location: In Your Dreams Posts: 9,649	Maybe they'll just try to appeal to the foreign markets. __________________ ---'-,-{@ Sassy Grrrl @}-'-,---

10-02-2006, 06:02 AM	#4
Fizzgig Registered User Join Date: Feb 2004 Location: In Your Dreams Posts: 9,649	I'm sure they will do that too. __________________ ---'-,-{@ Sassy Grrrl @}-'-,---

10-02-2006, 06:51 AM	#6
Spudstr Confirmed User Industry Role: Join Date: Jan 2003 Location: In a Tater Patch Posts: 2,321	its not a law yet is it? Bush hasn't signed it correct? __________________ Managed Hosting - Colocation - Network Services Yellow Fiber Networks icq: 19876563

10-02-2006, 06:57 AM	#8
E$_manager Too lazy to set a custom title Join Date: Apr 2006 Location: pink adult dreams Posts: 13,557	If they will deal with some Russian market, will they live? __________________ Enjoy more sales with EnjoyBucks! Homemade: Asian : Ebony : GFs : Voyeur : Nudist : Public : 3D

10-02-2006, 06:01 AM	#3
Klen Industry Role: Join Date: Aug 2006 Location: Little Vienna Posts: 32,235	I hope they complain against that.

10-02-2006, 06:29 AM	#5
Pipeline Q Confirmed User Join Date: Dec 2004 Posts: 3,891	i don't know the details, but it was banned primarily because the WTO was going to impose sanctions over a plan to block some foreign casinos. they threatened to give rights to an island nation to distribute copyrighted music and movies as the US sanction. what has happened, and what i think will happen: politicians pass it to please the far right. Americans become upset over this new law. congress partially lifts the ban, and leaves it up to each state. the states allow their casinos to go online, and only residents of that state may play.

10-02-2006, 07:12 AM	#10
elron Confirmed User Join Date: Jul 2003 Posts: 1,553	the online casinos with their 80% CB ratios should have been wiped out long time ago .

10-02-2006, 07:26 AM	#11
MarkMan Confirmed User Join Date: Feb 2005 Location: Money Land Posts: 1,370	well.. i don't understand the fuss?? so the US will have some stupid law.. so the casinos move their office and hosting to some ofshore location.. and run it as normal. getting paid Using lots of diffrent E Currencys.. whats to stop them again? oh .. and the US Gov looses tons and tons of $ in taxes.. anything i don't see??

10-02-2006, 07:30 AM	#12
pussyluver Clueless OleMan Join Date: Mar 2003 Location: ICQ - 169903487 Posts: 11,009	The states start their own online gaming and charge more taxes in the process. Many sataes are already doing this with a type of online Keno. What to stop them from going totally online and offering other games?

10-02-2006, 07:33 AM	#13
Barefootsies Choice is an Illusion Industry Role: Join Date: Feb 2005 Location: Land of Obama Posts: 42,635	Well they should have been less greedy, thinking of their own pockets, and kicked their money into the coffers to buy their own Congressmen. You see, this is why online will always be the whipping dog. You can't get WM's to kick in for collective fights on a unified front. So this is the end result. Now take those old riches, and buy some tissue. __________________ Should You Email Your Members? Link1 \| Link2 \| Link3 Enough Said. "Would you rather live like a king for a year or like a prince forever?"

10-02-2006, 07:34 AM	#16
polle54 Confirmed User Join Date: Jul 2004 Location: The Beach Posts: 4,626	Party poker are already as we speak planning to promote like fucking crazy in europe. But since 80% of partypokers players are from the US that's not hard to understand There are aroung 50 mio. US players on partypoker. __________________ ICQ# 143561781

10-02-2006, 08:07 AM	#19
cool1 sex is good Join Date: Sep 2001 Location: Carman, MB Canada Posts: 24,939	Maybe all those gamblers will now spend thier money on porn instead. One can only hope __________________

10-02-2006, 04:01 PM	#22
V_RocKs Damn Right I Kiss Ass! Industry Role: Join Date: Dec 2003 Location: Cowtown, USA Posts: 32,422	I feel sorry for anyone that invested in those companies last week.. they lost a lot of money..

10-02-2006, 04:04 PM	#23
tony286 lurker Industry Role: Join Date: Aug 2002 Location: atlanta Posts: 57,021	this law was for the gaming lobby in the us

10-02-2006, 04:04 PM	#24
djroof JuicyDevils.gr Owner Industry Role: Join Date: Jan 2004 Location: Greece Posts: 25,415	wow this is HUGE hit!!!

10-02-2006, 04:11 PM	#25
Quagmire Confirmed User Join Date: Jul 2005 Location: Stinkin' up your bathroom Posts: 6,490	I imagine the ewallets will pick up the slack. More people will apply for Neteller accounts and business will pick back up. __________________

10-02-2006, 04:16 PM	#27
MarkMan Confirmed User Join Date: Feb 2005 Location: Money Land Posts: 1,370	then people use e-gold.. that can't be stoped .. i never understood why they did it that way.. why they don't collect money themselfs.. now i know.

10-02-2006, 04:27 PM	#28
minusonebit So Fucking Banned Join Date: Feb 2006 Location: [email protected] Posts: 7,391	There is always Western Union. When I deposit into some of my online gaming accounts, I am told to send a wire to a paticular person in another country, not to a company. That person is an appointed reciver for the outfit, as best as I can figure. They probably take a processing fee for themselves and pass the rest on to the operator. The adult industry and the online gaming industry need to wake the fuck up and take control back of thier industries. The same thing could and will happen to the adult industry if we dont stop putting all our eggs in one basket. People WILL pay for things they want with methods other than credit cards, we simply need to show them the way.