Status of VIP Profits

1 Nov 2006
In response to the Unlawful Internet Gambling Enforcement Act, VIP Profits announced it is business as usual. Their update is as follows:

October left no shortage of excitement for the online gaming industry, and brought with it some new challenges to overcome. We are historically very good at overcoming challenges, so not to worry!

On September 30th, 2006, the U.S. Congress passed the SAFE Port Act, which also contained certain provisions known as the Unlawful Internet Gambling Enforcement Act of 2006. This Act effects the processing of payments between online gaming companies and US customers.

President George W. Bush signed the legislation into law on (talk about irony...) Friday, October 13th, 2006.

The impact of this bill has been varied to date, and will not be entirely known for months to come. Some companies have decided not to offer their services to US customers any longer, while others are operating normally and uninterrupted.

The VIP group continues to offer services to all customers.

This bulletin will, most importantly, update you on the status of VIP Profits and our merchants after recent events. Some other very important updates are also included, so please read on.

VIP Profits merchants back to private ownership

That same Friday the 13th, Leisure and Gaming Plc announced the sale of all its US facing businesses, in a show of compliance to the legal developments in the US. This will allow the company to operate and grow its UK and European operations, free of any potential contravention of US regulations.

This means that the industry leading US facing brands are again secure under private ownership. This group of sites includes VIP.com, Nine.com, BetGameDay.com, EnglishHarbour.com and more.

VIP.com Poker and US Players

As a member of the Microgaming Poker Network, VIP.com Poker will no longer be able to offer access to US players from the following states:

Michigan, Illinois, Louisiana, Oregon, Wisconsin, Washington, Indiana, Nevada, New York, New Jersey and South Dakota

Please note that this only applies to the Poker product. Players from these states will still be able to make use of all other products.

These exceptions aside... it's business as usual...

It's business as usual! So, and I quote "Stay the course!"

 
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