Online poker developer not worried about proposed Canada ban

March 27th, 2008
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GigaMedia Limited, which develops and licenses online poker and casino software, said in a statement that it was not worried about the possibility of a ban of online poker and gambling in Canada that may be on the way. Canada has been considering laws — similar to what the United States has in place regarding online gaming — to stop online gambling operations in the Mohawk Territory of Kahnawake.

According to pokerpages.com

GigaMedia’s statement came after a financial website on Monday suggested that the company might face the possibility of a revenue drop if Canada changes its hands-off policy toward online gambling licenses issued by Kahnawake and actively enforces its existing Criminal Code. GigaMedia said it could find no basis for the financial website’s statement.

The issue first gained media attention when earlier this month Canada’s National Post reported that Minister of Justice [Rob Nicholson] had asked his officials to examine the possibility of enforcing the Criminal Code provisions by imposing UIGEA-like payment restrictions between Canadian residents and ‘illegal’ online gaming sites.

The proposed ban would target the 400 online gambling licenses in Kahnawake. This month GigaMedia reported record profits of nearly $40 million in 2007. Their most popular and highest-revenue product is Everest Poker.


Article Credit: Dustin

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Daily Poker Quiz

Archive pick: Value betting the river, no limit hold em cash -

Game type: 1/2 No Limit Cash Game
Your image: Fairly Aggressive
Opponent's image: Solid, a little tricky
Your hand: As Qh

This hand is from the archives and originally appeared on 8/21/07. View the original quiz and comments here

The setup: You're fairly new to this table and you picked up a pot quick when you flopped a set and won a decent multi-way pot. You've been fairly active since, seeing a lot of flops cheap and playing for the win on the flop or turn in a couple of spots.

This hand you're dealt AQo UTG and you decide to limp. The button limps and both blinds play. You flop top pair:

Qd 7h 6d

The SB leads out for $6. The BB folds. You make it $24 and the button folds. The SB calls. The turn gives you two pair with the Ac. The SB checks and you pop $40 into $54. The SB flat calls.

The turn comes the 10c. The SB checks again. There's $134 in the middle. Do you value bet here and if so, for how much?


Vote and comment at DailyHandQuiz.com