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New CFO for WPT Enterprises

October 20, 2008 (InfoPowa News) -- The financial manager involved in the pioneering growth of social networking giant MySpace.com, Thomas Flahie, has been named as interim Chief Financial Officer by World Poker Tour Enterprises founder and CEO, Steve Lipscomb. Flahie has an impressive c.v., having previously served in financial management at Internet companies such as eLabour…

Friends in High Places?

October 20, 2008 (InfoPowa News) -- A simmering row in the Philippines over online gambling permissions has become public over the weekend, with charges of favoritism being leveled by a frustrated Internet gambling operator battling with bureaucracy. The Philippines Enquirer reports that an Internet cafe owner in Cebu City who wants to include Internet gambling in…

Reaction to Kentucky Ruling Mounts (Update)

October 20, 2008 (InfoPowa News) -- Judge Thomas Wingate's generally negative findings in the attempt by the state of Kentucky to seize the international domains of online gambling companies continued to generate adverse comment across a range of media going into the weekend. The covert nature of the official events leading up to the seizure attracted…

Is the AGA Policy on Internet Gambling Under Review?

October 20, 2008 (InfoPowa News) -- Persistent reports on a variety of Internet gambling websites over the past 10 days suggest that the all-powerful trade association for the land gambling industry in the United States, the American Gaming Association, may be re-thinking its online gambling policy. The AGA has traditionally been opposed to the pastime, although…

PokerStars.com Opens Italian Website

October 20, 2008 (InfoPowa News) -- Only days after achieving licenced status with the Italian regulator Amministrazione Autonome dej Monopoli di Stato (AAMS), the giant online poker website PokerStars.com has launched its Italian offering at PokerStars.it. Fabio Angeli Bufalini, PokerStars Italian manager, invited his fellow Italians to try the new website out for themselves, joining the…

Tougher Money Laundering Measures for India

October 20, 2008 (InfoPowa News) -- The mainstream media in New Delhi is currently speculating on the impact of new and tighter anti-money laundering legislation currently before the Rajya Sabha. The Minister of State for Finance Pawan Kumar Bansal submitted a Bill to amend the Prevention of Money Laundering Act this week. Money changers, money transfer service…

Retired Real Estate Man Is the New North American Poker Champ

October 20, 2008 (InfoPowa News) -- A 67-year-old retired real estate broker took home the honors and a $1.2 million main prize at the Fallsview Casino at Niagara Falls this week when he won the North American Poker Championship. Glen Witmer survived a field of 454 entrants, which was whittled away over seven tough days, competing…