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Shark Attack: Party Poker Shutdown Baffles Analysts and Angers Shareholders

By: The Sportsbook Shark     Date: Oct 6, 2006
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Sharks and shark food alike are disappointed to see a premier poker outlet going away. Party Gaming's shutdown of their Party Poker site to American visitors leaves many gambling, legal, and business authorities confused.  Why is Party Gaming leaving the American marketplace due to American legislation that creates some new banking controls?  There are plenty of other ways for Americans to get money to Party Gaming other than credit cards and American banks.   The new legislation does nothing to make poker or gaming illegal, it just speaks to gambling transactions and the banking system.

Other companies in the industry realize this, and realize the future of poker remains bright.  Here's the statement from Bodog founder and CEO Calvin Ayre:

"It will likely take months to fully understand what, if any, ramifications there are from this new law. Our customers may take comfort in knowing that Bodog.com is structured in such a way that we're well situated to adapt to any changes in any legal environment. We are poised to continue our spectacular growth in the online gaming and digital entertainment space and if anything, the pending legislation has validated our broad-based digital entertainment model and our decision to stay private. We see the future as very positive for Bodog.com."

Ayre makes it clear to all that Bodog.com is in it for the long run, and is not going anywhere.  

Bodog.com is a terrific landing spot for displaced Party Poker account holders.   Bodog.com pays 10% bonus upon signup and on reloads, unlimited free financial transactions, and has 24/7 customer service.  Even those who aren't quite sharks at a poker table report that there are a lot of fat, slow, meaty fish at Bodog's tables.  It is a great place to play.   Remember you can also bet sports and other casino games at Bodog.com as well.

Good luck ... - the Shark


 






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