PartyGaming Preparing To Re-Entering US Online Gambling Market

PartyGaming was once one of the biggest online gambling providers in the US as well as around the world. When the Unlawful Internet gambling Enforcement Act was enacted in 2006, PartyGaming pulled out of the country, but may be poised for a return. U.S. Attorney Ortiz stated, "The conduct alleged in this case reveals a blatant effort to circumvent gaming and tax laws. The notion that the type of activity alleged here is legal because it is conducted over the Internet from offshore, is pure fiction." This week, PartyGaming, one of the top online gaming companies in the world, announced that their revenue had increased by twenty-seven percent in the first quarter of 2010. That, however, was not the shocking news of the day. U.S. Attorney Ortiz stated, "The conduct alleged in this case reveals a blatant effort to circumvent gaming and tax laws. The notion that the type of activity alleged here is legal because it is conducted over the Internet from offshore, is pure fiction." "We are seeing increased momentum towards regulating online poker (in the US)," said PartyGaming Chief Executive Jim Ryan,

:thumbsup:thumbsup

With gaming sites considering re-entering the US market can "legalization" be far behind! :dance:

PartyGaming was once one of the biggest online gambling providers in the US as well as around the world. When the Unlawful Internet gambling Enforcement Act was enacted in 2006, PartyGaming pulled out of the country, but may be poised for a return. U.S. Attorney Ortiz stated, "The conduct alleged in this case reveals a blatant effort to circumvent gaming and tax laws. The notion that the type of activity alleged here is legal because it is conducted over the Internet from offshore, is pure fiction." This week, PartyGaming, one of the top online gaming companies in the world, announced that their revenue had increased by twenty-seven percent in the first quarter of 2010. That, however, was not the shocking news of the day. U.S. Attorney Ortiz stated, "The conduct alleged in this case reveals a blatant effort to circumvent gaming and tax laws. The notion that the type of activity alleged here is legal because it is conducted over the Internet from offshore, is pure fiction." "We are seeing increased momentum towards regulating online poker (in the US)," said PartyGaming Chief Executive Jim Ryan,

:thumbsup:thumbsup