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Poker.co.uk - Poker News Archive

Monday 13th November 2006

Tribeca Withdraws From US Market

After a long consultation period with legal advisers, Tribeca Tables has decided to withdraw its poker room from the USA, Israel, and Hong Kong.

The online poker solutions company has insisted that it will endeavour to assist it's US facing clients in particular with the transition as much as possible.

The move comes after the recent introduction in the US of the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA). 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'.



Source: OnlineCasinoNews


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