Friday, October 13, 2006

PokerStars.com Refuses to Fold 'Em in the U.S.

A Reuters newswire article, via The Globe and Mail, reports that:

PokerStars.com, the world's second-biggest Internet poker firm, said yesterday that a looming U.S. ban on on-line gambling would not apply to poker, as it is a game of skill, and its business would continue as usual.

The gambling industry was left reeling this month after the U.S. Congress unexpectedly approved a bill that would make it illegal for companies to accept Internet wagers or for banks to process payments to on-line gambling companies.

The bill defines gambling as the act of staking something of value on "a sporting event or a game subject to chance" and is expected to be signed into law by President George W. Bush today.

More here.

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