Tag Archives: Unlawful Internet Gambling Enforcement Act

How the UIGEA cost Daniel Negreanu $170 Million

Posted on by RTR Dave

With $29,796,380 in live tournament winnings – including his recent $8.3 million One Drop score – and a lucrative sponsorship deal with PokerStars, Daniel Negreanu is definitely not hurting for money these days. Even still, Negreanu can’t help but reminisce about the time that he almost made $170 million….until the Unlawful Internet Gambling Enforcement Act (UIGEA) was signed into effect in 2006. Keep reading to find out more on the failed business deal that would’ve made Negreanu rich beyond his wildest dreams. Taking Advantage of the Poker Boom During the early and mid-2000s, Kid Poker noticed that the online poker …

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Party Poker to Open French Site

Once the world’s biggest online poker room before the Unlawful Internet Gambling Enforcement Act was signed into effect in the United States, Party Poker is doing everything they can to get back on top.  And one of the recent measures they’ve taken to get there again is opening a site that will offer services to French players. Party Poker’s parent company, PartyGaming, signed an interesting (and semi-confusing) deal that will be called www.partypoker.fr.  The deal was signed with PMU, France’s pari-mutual horse racing company, and it calls for PartyGaming to help PMU set up an online poker site.  But rather …

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