LONDON, ENGLAND — (Marketwire) — 01/27/12 — The online poker landscape will change over the next few months of 2012. Several countries across the world have taken steps that will allow people to play poker online in a safe and transparent environment. To facilitate this, some countries are developing laws and regulations on the basis of which poker sites- operations will be carried out. In addition, bodies dedicated to ensuring player protection are developing systems that will keep players- money safe.
According to PlayPokerOnline.com, till recently, countries prohibited people to to protect them from the problems related to gambling. However, with the advancement of technology, measures can be taken at the national and site operator level to ensure player safety.
Legalizing Online Poker in 2012
At the national level, counties like the US are assessing whether online poker falls under the purview of laws that were passed decades ago. Till recently, the US had banned online poker sites from operating within the country on the basis of the Wire Act of 1961 which prohibited few betting activities.
In December 2011 the Department of Justice said that the Wire Act does not expressly ban poker. PlayPokerOnline.com stated that no one within the industry has come to a conclusion about whether online poker is legal. But this has not deterred some of the top poker site operators from entering the country.
Last year, several nations within Europe brought up the need for independent online poker legislations. The motives behind this were different. While a few nations wanted to allow offshore poker site operators to offer games to their players, others wanted to restrict games to only their residents.
PlayPokerOnline.com clarified that though the nations are yet to announce their new legislations, they have to abide by a rule that the European Parliament has emphasized on – state-owned monopolies will not be allowed. Italy is the only country that has started offering online poker real money games. In the coming months in 2012, the European countries will announce their plans for online poker.
Player Fund Protection Systems
Kahnawake Gaming Commission, an authority on online poker recently made a few changes to its standards. These are to protect players. The commission now allows players to opt for self-exclusion. When they do this, players with gambling problems can inform the Gaming Commission about their needs. The sites that are regulated by the commission will be informed about the players- requests.
A few poker sites have joined hands with financial service firms to establish a system which will ensure that players- funds are protected. Through this system, the financial service provider will monitor whether poker sites have sufficient funds to repay people who have real money accounts with them to play poker online. According to PlayPokerOnline.com, more poker site operators from across the world are likely to adopt this system. The site also mentioned that a move like this shows online poker rooms- dedication to ensuring that its players are protected at all times.
About PlayPokerOnline.com
PlayPokerOnline.com is one of the leading internet poker information portals. The site is updated daily with the latest poker news and articles based on poker strategy. More about the site can be found at the or by directly visiting the PlayPokerOnline.com website.
Contacts:
PlayPokerOnline.com
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