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Poker News in Brief: Mar. 14-20, 2011
Another stellar final table on the The World Poker Tour, plenty of high-stakes action online and a few record breaking regional PokerStars tours meant for a busy week in the PokerListings news room.
A few stories may not have recieved the front page play they deserve, but thankfully we've put them together in our weekly Poker News in Bried feature below.
This week, Roothlus re-signs with UB, U.S. online poker regulation is back in Congress and more.
After two years with Team UB Adam "Roothlus" Levy has re-signed for another two.
"UB has been my home for the past two years and I'm looking forward to another two years with them," Levy said. "They have really great tournament structures and schedules and I'm excited to see what other great changes are coming to the site."
Levy has earned over $3.2 million playing poker. In 2010 alone, he made the money in 37 events, including $300,000 in online poker cashes and another $676,000 in live tournaments.
Levy will continue to host a Pro Bounty Madness tournament on UB every Sunday at 5:30 p.m. ET.
PKR Speeds Up
Online poker room PKR launched a major software update this week, making the poker client even slicker and adding a 3D Blackjack casino game.
PKR's version 2.04 includes a faster hands per hour rate cutting the time off each hand dealt.
Heads-up and short-handed players should see the difference right away.
There have also been 16 new player voices and eight new dealer voices added to the game.
U.S. Regulation Back On The Table
Representatives John Campbell (R-CA) and Barney Frank (D-MA) introduced the Internet Gambling Regulation, Consumer Protection and Enforcement Act to congress this week in another attempt to establish federal licensing and regulation of Internet gaming and online poker.
The bill is similar to H.R. 2267, which passed through the Frank led House Financial Services Committee in July 2010.
Key provisions of the bill include vetting of potential licensees and creation of a list of illegal operators; Mandatory implementation of technologies to protect against underage gambling; Requirements for operators to set daily, weekly or monthly limits on deposits and losses; High standards to prevent fraud, abuse and cheating; Regulation to prevent money laundering; And, processes to prevent tax avoidance.
“The time is now for Congress to step up and pass federal legislation, like the Internet Gambling Regulation, Consumer Protection and Enforcement Act,that allows the entire country to benefit,” Poker Players Alliance Chairman and former Senator Alfonse D’Amato said in support of the bill.