Poker.co.uk

Poker Info
DATE: May 26 2012
TIME :

Poker.co.uk - Poker news archive

The Gambling Network

Poker.co.uk - Poker News Archive

Friday 1st December 2006

Poker Entrepreneur Says Website is Unaffected by the UIGEA

The impact of the Unlawful Internet Gambling Enforcement Act (UIGEA) on most online casinos and poker rooms has been widespread but one poker room appears to have emerged from the wreckage relatively unscathed.

Despite the passing of the UIGEA in October, profits at Tyler Hancock's online poker website are more or less back to where they were before the legislation was signed into law by President Bush.

Hancock explained that although US players had dropped from 85 per cent of his customers to 65 per cent after legislation came into effect, he had recruited more European and Canadian players to make up for the loss.

�My big players are never going to quit playing poker no matter what happens,� said Hancock. His website, FuturePokerPros.com, makes its money by taking a percentage of the winnings of each player it recruits for other online poker sites.

According to the Poker Players Alliance president, Michael Bolcerek, about 10 large online poker operators have withdrawn offering their services to US customers because the new law requires American financial institutions to block online gambling transactions.

�Smaller, private companies like Hancock's are still serving US customers while waiting to find out how the federal government decides to enforce the law,� Bolcerek added.

Source: OnlineCasinoNews

View Similar Stories
US Poker Fans Continue to Play Despite UIGEA
WSOP Numbers Unaffected By UIGEA
Two New Poker Halls For New Hampshire
BetWWWTS.com to distribute new poker product
Online Poker Driving Gambling to New Heights

Discuss this story in the Poker Forum. Last 5 Posts:
Saturday 26^th May, 2012: Party Poker and William Hill (iPoker) BAP
Friday 25^th May, 2012: One way poker Swapsies
Friday 25^th May, 2012: New Bap - Day 3
Friday 25^th May, 2012: WSOP Fantasy Draft 2012
Friday 25^th May, 2012: Sharkscope

Poker.co.uk is part of The Gambling Network | Terms and Conditions | Privacy Policy | Contact Us | Gamble Aware

Poker.co.uk is operated by InTouch Poker Ltd (hereinafter called the "Company"), a limited liability company with registration number C44236, registered in Malta (a member of the EU since May 2004). The Company’s registered address is at Vincenti Buildings, Suite 623, 14/19 Strait Street, Valletta VLT 1432, Malta. The Company operates the Poker.co.uk online poker room under a provisional license issued and regulated by the Lotteries and Gaming Authority ("LGA") of Malta (issued on 2 December 2008, number LGA/CL3/412/2007). The software used for operating the Poker.co.uk online poker room is licensed from Boss Media Malta Poker Limited. Our services are not available to residents of the United States, US Virgin Islands, US Minor Outlying Areas or Turkey or any other jurisdiction that legally prohibits its citizens from engaging in online gaming.