Paradise Poker Out of US Market 10/12/2006 04:20 PM

formerly-known-as · Oct 12, 2006

Paradise Poker Out of US Market 10/12/2006 04:20 PM

http://www.pokerroomreview.com/

this cant be good!!

keep your fingers crossed and say a hail mary

hold on to your seats as here comes the storm

hockey8799 · Oct 12, 2006

what storm/most sites have already made there decisions

formerly-known-as · Oct 12, 2006

good news from UB

News From Ultimate Bet reguarding Bill...

http://www.pocketfives.com/20843B03-E5AD-4EA6-9FA3-5556F3831252.aspx

lets hope they stick to their guns

formerly-known-as · Oct 12, 2006

hockey8799 said:
what storm/most sites have already made there decisions

and then changing that decision, if this is true, the industry as a whole is screwed

Barclays, RBS to warn gaming clients on U.S.: sources
http://news.yahoo.com/s/nm/20061012/bs_nm/leisure_gambling_banks_dc_2

RBS is where bodog and stars both bank, and im sure there are other large operators using them as well, neteller i think banks with Barclays

this could get ugly

mj23 · Oct 12, 2006

How is poker stars??

formerly-known-as · Oct 12, 2006

stars is in....lets hope they remain that way

but, get the latest

UB Software Provider Out - The Merry-go-round continues

http://forumserver.twoplustwo.com/showflat.php?Cat=0&Number=7640902&an=0&page=0#Post7640902

jasin4000 · Oct 12, 2006

sportsbook.com is in ties with paradise..

so sportsbook is out too?

billnevin · Oct 12, 2006

Paradise official statement:

http://www.paradisepoker.com/news/us_legislation.html

Woody0 · Oct 12, 2006

formerly-known-as said:
RBS is where bodog and stars both bank, and im sure there are other large operators using them as well, neteller i think banks with Barclays

this could get ugly

Yes, not only are bankers extremely conservative but the major UK banks all have worldwide operations including US subsidiaries.

formerly-known-as · Oct 12, 2006

jasin4000 said:
sportsbook.com is in ties with paradise..

so sportsbook is out too?

it looks like their out period.....all that talk from the CEO over the last 2 weeks about sticking it out in the US, he must have come home to his legal team who had some news for him

the big question lies in neteller, forget stars, ub, ftp etc, it means nothing if you cant get money to and from

and with shady alternative payment solutions, you lose 80% of the FISH who come online to play poker

primetime21+ · Oct 12, 2006

i NEVER win at paradise poker ,so good riddance!!

steeser · Oct 12, 2006

This is very disappointing news.

da1prophet · Oct 12, 2006

formerly-known-as said:
stars is in....lets hope they remain that way

but, get the latest

UB Software Provider Out - The Merry-go-round continues

http://forumserver.twoplustwo.com/showflat.php?Cat=0&Number=7640902&an=0&page=0#Post7640902

Software providers are a dime a dozen...they're definitely the easiest link in the "chain" of online gaming to replace. I'm sure there's countless privately owned software companies all over the world that are salivating at the possibility of getting their piece of the 12 billion plus worldwide pie of online gambling...

formerly-known-as · Oct 13, 2006

da1prophet said:
Software providers are a dime a dozen...they're definitely the easiest link in the "chain" of online gaming to replace. I'm sure there's countless privately owned software companies all over the world that are salivating at the possibility of getting their piece of the 12 billion plus worldwide pie of online gambling...

i would agree

Santo · Oct 13, 2006

The UO thing is just like the SBT thing, transferring from public to private.

steeser · Oct 13, 2006

This is the part that amazes me about their statement: Why in the hell are they recognizing certain state laws now but not before????

Please be assured that all US customers will continue to be able to access their accounts and submit cashout requests as normal. Although we will no longer be able to accept their additional deposits, to ensure a professional wind-down for our US customers, they will continue to be able to play at our real money tables with the funds they already have on deposit at Paradise until November 13th 2006. The only players that will not be able to continue playing at our real money tables are players located in one of the following states, where some form of online gambling legislation already exists:

* Utah
* Hawaii
* Michigan
* Indiana
* Oregon
* Nevada
* Washington
* Illinois
* Louisiana
* South Dakota

formerly-known-as · Oct 13, 2006

you must pass this video around!!!
http://www.youtube.com/watch?v=XI4QGilSI5E

AdamSelene · Oct 13, 2006

How long until they change their slogan?

"PartyPoker.com: The World's Largest Poker Room"

They will be ranked #2 by tomorrow.

http://www.pokersitescout.com/

formerly-known-as · Oct 14, 2006

Masxmenos · Oct 14, 2006

Glad to see Paradise Poker leaving. I heard stories of the flamboyant canadiens that worked there. I see a pattern with canadiens in costa rica. They seem to like to be stupid and live lavishly but wonder why they get robbed all the time or have problems in general.

Look at Calvin Ayre as another example.