Issue 322
November 13 - November 19, 2006
Volume 6
page 1
 

This Issue

Gaming News

Casino City's November Sweepstakes

Tribeca Tables withdraws from certain territories

Study shows business is booming for European Gambling

NEVADA GAMING REVENUE: Bettors strike back

More Macau slot parlors planned

Show Time Wynonna at Table Mountain Casino.

Column Pilarski mailbag: House edge, burn cards and multiple deck blackjack by Mark Pilarski.

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AGA considers alternative to online gambling prohibition
By Bradley Vallerius, Casino City

The American Gaming Association's board of directors will meet next month to consider whether to lobby the next Congress to establish an independent research study of Internet gambling policy.

"The board will consider whether or not to support legislation in the new Congress calling for an independent study of Internet gambling to see if it can be properly regulated, controlled, taxed and licensed here in the United States," said AGA President Frank Fahrenkopf.

"My guess is that they (the board) are going to say let's go ahead and do it."

Representing the U.S. commercial casino industry, the AGA strongly opposed Internet gambling throughout the late 90's, but its position grew unclear after the turn of the century.

"Our policy changed back in April when we took a position that we thought the best way to go was to have an independent commission look at it," said Fahrenkopf.

AGA board members who will meet in Las Vegas on December 6 to discuss the matter include MGM Mirage CEO Terri Lanni, Boyd Gaming CEO William Boyd, Harrah's Entertainment CEO Gary Loveman and Wynn Resorts CEO Stephen Wynn, among others.

In May of 2006, Nevada Representatives Jon Porter and Shelly Berkley introduced a bill calling for the creation of a Congressional Internet Gaming Study Commission as an alternative to legislation aimed at prohibiting online gambling in the U.S., but the bill made little headway. Both Porter and Berkley won re-election last week.

Fahrenkopf said the last time the AGA revisited the issue it preferred to have the study conducted by the National Academy of Sciences rather than by a Congressional Commission so that the researchers are devoid of lobbying influence.

"If it came back saying that it can be regulated and controlled then we would then take the next step I assume, and see if we couldn't get some support for legalization by states" he added.

"But that's a long way down the road."

Legislation aimed at prohibiting Internet gambling in the U.S. was signed into law last month amid heavy criticism.


Tribeca Tables withdraws from certain territories
Press Release

LONDON, England – Following a long period of consultation with it's gaming attorneys, Tribeca Tables Europe, Limited, the online poker solutions company, has announced that the company has decided to withdraw it's poker room from certain territories; specifically the US, Israel, and Hong Kong markets.

Tribeca will endeavour to assist it's US facing clients in particular with the transition as much as possible. However in light of the recent introduction in the US regarding the "Unlawful Internet Gambling Enforcement Act of 2006" and in line with most other responsible networks and poker operators, the company will focus on more non US territories and new markets.

Erik Ahlberg, new President of Tribeca Tables said, "We are now initiating this policy and will work closely with our customers to ensure as little harm as possible to their overall business".

Steve Cook, European managing director added, "The board have taken a considerable amount of time to weigh up all of the options and sought a great deal of legal and market advice. Sadly we have no alternative. We have concluded that it is the best way forward for the company".

Tribeca's portfolio of brands still includes many European facing brands such as Sporting Index, Paddy Power, Blue Sq, Victor Chandler, and with the recent merger with Tain, the addition of Expekt.com and its other skins.

Erik Ahlberg, president of Tribeca Tables issued a clarification regarding the policy of players from other territories, specifically Israel and Hong Kong stating that individual operators will continue to make their own decision regarding players from those territories based on their License and company policy.

The company also intends to make a further announcement regarding its poker network in due course.

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