Stars welcomes US players

[2Tone]

[Talking Poker]

Nice.

[lightfungus]

Man, what are the other sites thinking right about now?

*enter news articles about executives' suicides*

[Reel Deal]

Smart people rule.

[Talking Poker]

"I wish I worked for Poker Stars and not Party Poker."

[Aequitas58]

Excellent!!!

[PShabi]

What are the chances that Party changes it's mind in the next few days/weeks?

[JDMcNugent7]

i think party will be back eventually. dn how long tho.

[Talking Poker]

I think pretty slim.

But I actually sent my affiliate manager a long email today, asking WHY they were doing this. This was a response to an email she sent out to everyone, talking about how they are going to focus on non-u.s. players, etc. I'll let you know if I get a response.

So very very stupid Party is.

[PShabi]

Dear TalkingPoker,

We understand your concern for this matter. To show our appreciation, we've credited your account with a $25 bonus. In order to cash out this bonus, you must play 500 raked hands at any of our real money tables.

Please remember, do not share your password with anyone. Party Poker support will never ask for your password under any circumstances.

Enjoy!

[Talking Poker]

FYP.

[Windbreaker]

As a publically traded company, I can't blame Party for pulling out of the U.S. Market. I don't think you can fairly compare the situation at Party to that of PokerStars. It's much easier for Poker Stars to make this stand.

Besides, as this plays out over the next few months/years.... they will get more infomation and then make a better decision as to how to approach it. As of now, no one really knows for sure what to expect in the next year or two in this industry.

[Talking Poker]

Answer me this: Say you are a Party Poker shareholder. You don't even PLAY online poker, but you have invested in Party Gaming. What would YOU want them to do?

[jillaj]

Make me some effin money.

[Windbreaker]

Not break any laws??? The stock isn't worth very much if the US gov't are all over them. The situation sucks, but it's very easy for anyone to say, screw this legislation...but the reality is that they have to be careful with what they do.

Besides, now that PokerStars decided to stay in the US market, they can let PStars do their legal battle and see hows that pans out. They'll lose a bunch of players in the mean time.... but all it takes is one juicy bonus and the majority of fish will all swim back.

[jillaj]

There will be no battle and it will pan out pretty well for them.

[Reel Deal]

How does the US Government get "all over" a foreign corporation?

What legal battles? Who is going to sue who and where?

[Talking Poker]

Precisely. I'm wondering exactly what international law you are referring to when you say this:

[2Tone]

But there were clear signs of private companies doing the opposite. PokerStars, which has been PartyGaming’s main US rival, took a pass on the legislation and said it would carry on trading there – much to the evident fury of Mitch Garber, PartyGaming’s chief executive.

“It’s very brave for private operators not to think they will be pursued,” he told the conference. “People are way overconfident about their ability to integrate the law.”

What they should do, he urged, is share the legal and lobbying load with the listed sector. Public companies like PartyGaming had built this industry, he said. They had fought off past anti-gambling moves on the sector and had “financed everybody in the industry until today”, said Mr Garber. “Now we all have to take responsibility.”

He warned he would compete “very aggressively” with private companies – before admitting that he didn’t know how.

[Reel Deal]

Sucks to be made to look like a fool doesn't it Mr. Garber.

[Boobie Lover]

has an article on Stars sticking around.