This decision was largely made due to PartyGaming, the parent company of Party Poker, being listed as a public company on the London Stock Exchange.ĭespite the fact that the UIGEA is largely a financial restrictions bill public companies simply can’t risk the perception of any legal wrongdoing to its shareholders lest they risk massive share price plunges.Ĭonsider that every publicly traded company, such as those that own 888 Poker, stopped accepting US players while every poker room that continued to accept US players was privately owned. Following the highly questionable last-minute attachment by Congress of the Unlawful Internet Gambling Enforcement Act ( UIGEA) to the unrelated SAFE Port Act on SeptemParty Poker voluntarily removed all US access to real-money tables. USA residents cannot currently engage in real-money play at Party Poker. Are USA residents able to play at Party Poker? That’s what I’d like to answer for you in this feature. Is there any hope for US players to play here?.How exactly did Party Poker go from powerhouse to mid-sized poker site clawing for market share scraps?.They watched their competitor PokerStars ignore the ill-advised precedent they tried to set, pay even more in fines, yet still emerge as the dominant force that Party Poker once was. That all came crashing down in 2006 with the loss of billions of dollars in total value, $100 million in fines, and an exit from the US market. Party Poker, largely on the backs of US players from 2001-2006, dominated the early years of the online poker market. The Bottom Line on Party Poker for US playersĬan you imagine the pain that Party Poker owners and shareholders have felt since 2006?
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