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EXCELLENT News for US Poker Players

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  1. 12-25-2011 08:23 PM #1
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    Default EXCELLENT News for US Poker Players

    Web gambling gets boost from Obama administration - Yahoo! News

    Until now, the department held that online gambling in all forms was illegal under the Wire Act of 1961, which bars wagers via telecommunications that cross state lines or international borders.

    The new interpretation, by the department's Office of Legal Counsel, said the Wire Act applies only to bets on a "sporting event or contest," not to a state's use of the Internet to sell lottery tickets to adults within its borders or abroad.
    http://www.potentialeight.com

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  2. 12-25-2011 09:01 PM #2
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  3. 12-25-2011 09:57 PM #3
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    FWIW, the 2006 UIGEA is a MUCH larger hurdle for legal online poker than the 1961 wire act was.
    Some days it feels like I've been standing forever, waiting for the bank teller to return so I can cash in all these Sklansky Bucks.
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  4. 12-25-2011 10:31 PM #4
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    why not just invest in an education and make the real +ev decision? *facepalm*
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  5. 12-26-2011 12:22 AM #5
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    Quote Originally Posted by KoRnholio View Post
    FWIW, the 2006 UIGEA is a MUCH larger hurdle for legal online poker than the 1961 wire act was.
    The UIGEA didn't change the legality of online poker.
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  6. 12-26-2011 01:52 AM #6
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    Quote Originally Posted by spoonitnow View Post
    The UIGEA didn't change the legality of online poker.
    Exactly. UIGEA isn't really the problem now that the status quo of 2006-2010 has changed. We can only hope this will provide the impetus for federal regulation, rather than multiple states supporting interstate and international games.
    Ich grolle nicht...
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  7. 12-26-2011 04:14 AM #7
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    Quote Originally Posted by KoRnholio View Post
    FWIW, the 2006 UIGEA is a MUCH larger hurdle for legal online poker than the 1961 wire act was.
    as others have said more politely, what the fuck are you talking about?
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  8. 12-26-2011 09:33 AM #8
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    WHO WILL FUNDS MY POKER THO
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  9. 12-26-2011 11:42 AM #9
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  10. 12-26-2011 03:14 PM #10
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    Quote Originally Posted by boost View Post
    as others have said more politely, what the fuck are you talking about?
    lol too much xmas cheer I guess. "Legal" was the wrong word. Hurdle in getting back to the glory days (Neteller, choice of any site, etc) is what I meant. The Wire Act news is a good-sized step in the right direction but we are still a long ways off from poker as we once knew it.

    The UIGEA may not have made actual poker playing "illegal", but it threw, by far, the biggest wrench into the gears. It will take time to untangle the mess that it caused.

    Quote Originally Posted by lolzzz_321 View Post
    WHO WILL FUNDS MY POKER THO
    Indeed. You can be sure that there will be groups with the interests of banks and credit card companies at heart that will slow the progress in repealing/changing the UIGEA.
    Some days it feels like I've been standing forever, waiting for the bank teller to return so I can cash in all these Sklansky Bucks.
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  11. 12-26-2011 04:05 PM #11
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    The only rendition of legal poker US players want is an alliance between Nevada and already established poker companies. State-by-state legislation would see extremely high rakes and poorly managed games that only add poker to their casinos as an afterthought
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  12. 12-27-2011 02:24 PM #12
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    Quote Originally Posted by wufwugy View Post
    The only rendition of legal poker US players want is an alliance between Nevada and already established poker companies. State-by-state legislation would see extremely high rakes and poorly managed games that only add poker to their casinos as an afterthought
    ya, this seems pretty on point...
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  13. 12-28-2011 05:47 PM #13
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    Gov. Malloy Eagerly Greets New Ruling That Allows Online Lottery and Online Gaming - Courant.com
    3 3 3 I'm only half evil.
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  14. 01-02-2012 06:48 PM #14
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    Bump for shameless plug to my FTR news article on this subject:

    Are we now in the “sweet spot” of US gambling law? « Poker Blogs
    Some days it feels like I've been standing forever, waiting for the bank teller to return so I can cash in all these Sklansky Bucks.
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