3/31/2007

Nothing better to do ?

The EPT Grand Final in Monte Carlo,
Europe's richest poker tournament,
will be broadcast via the internet,
on www.EPTlive.com

Starting Saturday 31st March,
the EPTlive.com webcast will bring you
three days of world class poker action from
the EPT Grand Final, at it happens.

This is a free service, with up to 10 hours
of coverage a day starting at the following times:

DAY FOUR, TV TABLE:
Saturday, 31th March, 1400 local time (0900 ET).

DAY FIVE, TV TABLE:
Sunday, 1st April, 1400 local time (0900 ET).

DAY SIX, FINAL TABLE:
Monday, 2nd April, 1600 local time (1100 ET).

Start times may vary, depending on the progress of the tournament.

3/28/2007

More Poker Hysteria

NETeller Withdraws from
Canadian and Turkish Markets

by Haley Hintze

Despite not being pressured by any official
Canadian government action, NETeller Plc
announced in a press release today that the
firm would no longer provide service to online
gambling merchants for its Canadian customer
base, effective immediately.

NETeller also confirmed that it had withdrawn its
very minor presence in the Turkish gaming market,
following up on its blocking of Turkish bank-deposit
options on March 9th.

The cessation of services between Canadian players
and online gambling merchants is a de facto withdrawal
from the Canadian market, because NETeller has
no non-gambling merchants of significance. NETeller
also placed an immediate freeze on its instaCASH
service for Canadian customers, though peer-to-peer
transfers, pre-paid debit transactions, and fund
withdrawal by customers are still available options.

NETeller's statement on the matter only hints at
the factor that resulted in the firm's withdrawal,
with the closest explanation being this:
"Recent actions by regulators, payment
processors, and online gaming operators have
increased the uncertainty around certain
activities related to online gambling in some
jurisdictions." NETeller expects an additional
loss resulting in its departure from the Canadian
market, but is not expected to lay off any more
workers following its sizeable staff cuts several
weeks ago.

NETeller also took pains to mention that the
"75 days" mentioned in its release about frozen
U.S. funds was not a timetable for repayment
itself, but rather is just the timeline for creation
of the plan, as noted in our story on NETeller's
agreement with the USAO last week.

"It would remain to be determined, as part of
that plan," reads the new NETeller release,
"the precise timing of the distribution of funds
to US customers."

Will's Note: I got an email the other day from
WPTonline the other day saying they are no
longer accepting deposits from Canadians and
that i should withdraw my money asap.