Nambling Notes - July 14, 2006

14 July 2006

A Different Perspective -- Adding to online gambling's fair share of media coverage in recent days following the passage of the Goodlatte/Leach bill, news parody program The Daily Show with Jon Stewart did a segment offering its own explanation of why horse racing and lotteries were exempted from the bill. Click here to see their take.

Quoteworthy -- "There are only 15 congressional days until the summer recess and 32 before the November elections. It, therefore, seems unlikely that there is time to progress through all the necessary committees and sub-committees as a standalone bill. Our view is unchanged - the current status quo will remain for many years to come."

    - Investment bank Dresdner Kleinwort, commenting on the U.S. House of Representatives passing the Internet Gambling Prohibition and Enforcement Act and the likelihood that it will pass in the Senate.

Influence -- The Online Wire has learned through opensecrets.org, a Web site that tracks political contributions, that the National Thoroughbred Racing Association (NTRA) contributed $10,000 to Bob Goodlatte 's race for congress in 2004. Horseracing and Lotteries were exempted from HR 4411, the Internet Gambling Prohibition and Enforcement Act, which was passed on Tuesday.

'Video' Poker -- A new online poker room scheduled to launch in August will enable customers to choose between Web cam-only poker tables and virtual online tables. JacksNQueens.com will feature multiple jackpots at every money-play table and team tournaments in which all team members can enter the same tournament but never play at the same table. In team mode, when one team member wins big, all the other team members in the tournament share in the prize. Other features include the ability to customize the shape of the poker table and choose from a variety of backgrounds.

Full Tilt Bracelet -- Lee Watkinson, the newest member of Team Full Tilt, online poker site Full Tilt Poker's professional poker team, just played his way to his first career World Series of Poker bracelet, winning the $10,000 buy-in Pot-Limit Omaha tournament. His win gives Team Full Tilt its fourth bracelet at the 2006 WSOP. Full Tilt Poker's 47 professional players now own a combined total of 62 bracelets.