For those who think Gibraltar is just some 'foreign country' with no regulations you are wrong. Gibraltar is an overseas territory of the UK that does not operate with autonomy, they answer to English law and have the Queen as their chief of state. It's not just some third world country. They have a very high standard of living. The only reason why many gambling sites choose Gibraltar to operate their business is that they have tax breaks that would be stupid to not take advantage of, this is also the reason why offshore banking in Gibraltar is a primary source of income for the territory. I know most of you imbeciles assumed that because you've only heard of the country that it must be some third world hub of corporate scandal. That's just your own xenophobia. Therefore, Party Poker is not just some "unregulated website based in some foreign country that is under absolutely no online laws." That is a complete fabrication, so before you make some ridiculous assumption based on your own lack of intelligence, do some research. It's no different than someone in the U.S. opening a swiss bank account to take advantage of higher earned interest rates.