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  #1  
Old 10-02-2006, 01:26 PM
Downthestretch55 Downthestretch55 is offline
Hialeah Park
 
Join Date: May 2006
Location: Stamford, NY
Posts: 4,618
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These guys are folding.
http://www.marketwatch.com/News/Stor...ist=TNMostRead
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  #2  
Old 10-02-2006, 01:30 PM
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Seattleallstar Seattleallstar is offline
The Curragh
 
Join Date: May 2006
Posts: 2,866
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im on my lunch break, and called up TVG and I was just informed that horse racing will not be affected and that it is exempt
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  #3  
Old 10-02-2006, 02:08 PM
Scav Scav is offline
Saratoga
 
Join Date: May 2006
Location: Northwest of The Chi
Posts: 16,012
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i just emailed Pinnacle to see what they have to say
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  #4  
Old 10-02-2006, 02:12 PM
Scav Scav is offline
Saratoga
 
Join Date: May 2006
Location: Northwest of The Chi
Posts: 16,012
Default From Pinnacle C/S

Dear Sir,


Thank you for your email.

We are aware of the recent action by Congress to pass the Safe Port Act which includes certain provisions to limit the growth of Internet gaming through the restriction of payments to gaming companies. This bill does not expressly make Internet gaming illegal, nor does it look to target players who enjoy gambling online. Instead, it seeks to prevent online players by restricting the methods bettors can use to fund their Internet wagers.

Pinnacle Sports is licensed by the Government of the Netherlands Antilles and in our licensing agreement it is a legal requirement that we maintain
sufficient funds to be able to honor the winnings of all of our customers at anytime. Pinnacle Sports has earned an industry leading reputation for
providing the quickest payouts online and you can rest assured that your winnings will always be paid. You will continue to have access to your
funds 24/7.

Pinnacle Sports encourages all clients to consult with an independent legal advisor or their local attorney general's office as to the legality of online gaming in their area.

Pinnacle Sports has active customers from more than 100 different countries worldwide and we remain committed to providing a safe, secure
and rewarding online gaming experience for all of our players.

Regards,

Customer Service Department
Pinnacle Sports
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  #5  
Old 10-02-2006, 02:48 PM
Danzig Danzig is offline
Dee Tee Stables
 
Join Date: May 2006
Location: The Natural State
Posts: 29,942
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from what i read the other day, horse racing is EXEMPT from this bill.
__________________
Books serve to show a man that those original thoughts of his aren't very new at all.
Abraham Lincoln
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  #6  
Old 10-02-2006, 03:00 PM
alysheba4 alysheba4 is offline
Randwyck
 
Join Date: May 2006
Posts: 1,424
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thats whats so great about my guy........ pays or collects every 2 weeks and will go as high as 5 dimes a game. that overseas stuff is salad......
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  #7  
Old 10-02-2006, 03:45 PM
Scav Scav is offline
Saratoga
 
Join Date: May 2006
Location: Northwest of The Chi
Posts: 16,012
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Quote:
Originally Posted by Danzig188
from what i read the other day, horse racing is EXEMPT from this bill.
True, but they are talking about on-shore horse racing, not offshore, rebates BYE BYE
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  #8  
Old 10-02-2006, 03:53 PM
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2MinsToPost 2MinsToPost is offline
The Curragh
 
Join Date: May 2006
Posts: 2,760
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correct, the folks at Americatab and their no rebate biz gotta be loving this
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