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online-gambling-insider.com reports that GoldenPalace.com will continue to accept online bets from the United States for at least 30 days while they determine a course of action. GoldenPalace.net canceled all of its sponsorships for October IFOCE contests this week.
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Skinnyboy said (Registered September 17, 2006)
October 7, 2006 @ 7:54 pm
Doesn’t the internet gambling act that was shoved into the Port Security bill by the oh-so-on-high-moral-ground Republicans not take effect for 9 months after being signed by W? I thought a provision in the Act gave banks 270 days to figure out the technical aspects. Online casinos can rake it in for those months, couldn’t they?
beautifulbrian said
October 7, 2006 @ 8:34 pm
IFOCE will find a replacement for goldenpalace. It is a big loss but i reeled off a good portion of existing sponsors on bits and pieces.After reading you will agree with me that they wont starve to death.
Anonymous said
October 7, 2006 @ 10:58 pm
Business plans aren’t short term. They’re based on forecasts of long-term trends. Goldenpalace has to cut corners now. It can’t start cutting them finally when the Port Security Bill is enacted.
Ed Charles said
October 8, 2006 @ 12:03 am
Anonymous is there any reason you cant give your real name. I can see if you mentioned something negative or controversial about the ifoce and you dont want your identity revealed but your comment is a general opinion on goldenpalace. The only reason i can possibly think of not revealing your true identity is because maybe you dont want anyone to think at 10:58pm that this is all you have to do on a saturday night instead of getting layed.