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MGM CEO: Internet poker will happen this year MGM CEO: Internet poker will happen this year

01-11-2012 , 01:32 PM
Also don't forget that Wynn was in talks to make this happen already before Black Friday. They are all positioning for it. BF probably set us back about 12 months but in the end may accelerate the process as it is forcing all of these clarifications and lines to be drawn in the sand.

zero
MGM CEO: Internet poker will happen this year Quote
01-11-2012 , 01:56 PM
70% of my play was at stars and i really dont miss them, it was a very bland experience. I can't wait for the next big (and fresh) thing. If i don't ever play on stars again i wont lose one second of sleep over it.
MGM CEO: Internet poker will happen this year Quote
01-11-2012 , 02:01 PM
Quote:
Originally Posted by I.M. Baked
70% of my play was at stars and i really dont miss them, it was a very bland experience. I can't wait for the next big (and fresh) thing. If i don't ever play on stars again i wont lose one second of sleep over it.
This. Stars is really solid client and I love what they do but I think FTP was the best poker client of all time.
MGM CEO: Internet poker will happen this year Quote
01-11-2012 , 02:06 PM
government bureaucracies are so slow even when it looks like something is about to give, I'm thinking at least a 3 year delay for most states but i could see myself moving to another state if it happens
MGM CEO: Internet poker will happen this year Quote
01-11-2012 , 02:32 PM
Nevada late summer, New Jersey next summer.
MGM CEO: Internet poker will happen this year Quote
01-11-2012 , 02:41 PM
Nevada by June of this year. New Jersey by end of 2012. Still hopefull a fed bill is pushed through before the end of the year though.
MGM CEO: Internet poker will happen this year Quote
01-11-2012 , 02:48 PM
Why does everyone want legislation? Dont they know they can play on merge?
MGM CEO: Internet poker will happen this year Quote
01-11-2012 , 02:55 PM
Quote:
Originally Posted by zerosum79
DOJ said that its ok but many people (read big Vegas Casino Companies) may feel it still is prohibited by state laws. That's the crux of the MGM CEO's argument. If the Fed govt doesn't move there is nothing stopping the states from moving individually and they are already starting to do so. The DOJ clarified that it has no problem with them doing so in the case of poker.

Therefore it will be a race between states and federal level to legislate first. Either way the vegas casinos will jump in once they get the all clear.

zero
thanks for the clarification.
MGM CEO: Internet poker will happen this year Quote
01-11-2012 , 03:08 PM
This news has exciting implications
MGM CEO: Internet poker will happen this year Quote
01-11-2012 , 03:26 PM
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Originally Posted by Roush97
Since you obviously haven't read anything about the intra vs interstate topics that have been discussed here I will give you a brief explanation.
Thanks, I needed a good chuckle.

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More states would go with the federal root since it would be easier for them to do so.
I don't know if the fed "root" would be easier; I do know the Barton bill would cost the states revenue. This revenue loss would mean less hope of us getting a piece back from the states.

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Also many states could not support online poker by themselves and would need to make pacts with other states anyways to share player pools.
And a no cost fed enabling bill is the most the states would need to do that.

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With the fed plan all that states would have the option to opt out but would automatically be opted in.
And if the states keep their current stance of no online poker sites, they will opt out of a fed scheme...meaning it will be harder to get them to change their mind in the future.

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Also if states want to do their own thing they would need to spend the time and money with coming up with their own gaming board to regulate it. Overall it is much easier for states just to be part of a federal plan and get a smaller piece from a larger pie then try and do it on their own.
It may be easier, hard to make that blanket statement...but the states do know they don't need to send revenue to the feds forever just because they want to legalize sites. Save trouble now...lose money forever---hard decision.


EDIT-almost forgot; about those 30+ states that want to legalize sites...what is the delay??

Last edited by permafrost; 01-11-2012 at 03:28 PM. Reason: forgetful
MGM CEO: Internet poker will happen this year Quote
01-11-2012 , 03:44 PM
Quote:
Originally Posted by ScreaminAsian
he's politically/philosophically opposed to the federal gvt being involved in probably a lot of things, one of them being online poker. I don't happen to agree, but he's certainly not ignorant of the discussion.
Thanks. I am not really opposed to the feds regulating interstate internet poker, however I don't like the idea of giving a chunk of the poker economy to the feds forever for them regulating. How much does the racing crowd pay for interstate fed licensing/regulation?
MGM CEO: Internet poker will happen this year Quote
01-11-2012 , 03:47 PM
Quote:
Originally Posted by Roush97
Well then he should also realize that if poker goes the state route then it will take a lot longer then a federal bill. I posted the dates of when the states joined the powerball. It is not exactly a over night process.
You seem sure that most states will rapidly opt-in to a fed bill; I don't know why they would change their current stance.
MGM CEO: Internet poker will happen this year Quote
01-11-2012 , 03:51 PM
Quote:
Originally Posted by ACEvivKING
Why does everyone want legislation? Dont they know they can play on merge?
And why does everyone want to eat steak when theres burger king?
MGM CEO: Internet poker will happen this year Quote
01-11-2012 , 04:05 PM
Quote:
Originally Posted by dc_publius
You guys realize that just because it becomes legal it doesn't mean it will be awesome?

There could be a few casinos that get licenses and they decide to charge the same rake as in the casino or charge even more. Or allow people to only play one table at a time. There are many ways the future legal online poker rooms could completely suck.
lol one table per site would be so awesome
MGM CEO: Internet poker will happen this year Quote
01-11-2012 , 04:54 PM
Quote:
Originally Posted by swd805
And why does everyone want to eat steak when theres burger king?
I actually prefer Burger king. Their burgers are so good.
MGM CEO: Internet poker will happen this year Quote
01-11-2012 , 04:54 PM
Quote:
Originally Posted by permafrost
You seem sure that most states will rapidly opt-in to a fed bill; I don't know why they would change their current stance.
I just think you would get more states that wouldn't opt-out that otherwise wouldn't be looking into online poker. I also might be a little blindly optimistic since I believe going with a lottery compact type system would take a lot longer (see the powerball dates that I posted). I guess time will tell though. Also I wasn't the person who said the 30+ state thing.
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01-11-2012 , 05:56 PM
Zero posts from Diamond Flush + NoahSD = unreadable thread.
MGM CEO: Internet poker will happen this year Quote
01-11-2012 , 05:57 PM
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Originally Posted by RYO
Zero posts from Diamond Flush + NoahSD = unreadable thread.
thanks for your contribution!
MGM CEO: Internet poker will happen this year Quote
01-11-2012 , 07:44 PM
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Originally Posted by NutRush
True, true, and true. But the guy in that video looked like he had the stone cold nuts, whereas in past Loveman videos he seemed like he had flush draw at best. Maybe he bluffed me, but I really think he has the goods and Loveman just turned his flush.
Yeah I have to agree. I got the same impression when I saw it.

That said I'm basically in "I believe it when I see it mode".
MGM CEO: Internet poker will happen this year Quote
01-11-2012 , 07:55 PM
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Originally Posted by RYO
Zero posts from Diamond Flush + NoahSD = unreadable thread.
lol what are you looking for? what should they say? yeah the MGM CEO really did say that. he's on tape with the words coming out of his mouth. it's confirmed the opinion of this man. what we're all supposed to do with that information is up to us and our gods.
MGM CEO: Internet poker will happen this year Quote
01-11-2012 , 08:06 PM
Quote:
Originally Posted by swd805
And why does everyone want to eat steak when theres burger king?
lol, awesome
MGM CEO: Internet poker will happen this year Quote
01-11-2012 , 08:20 PM
omgomgomg its coming.

interstate online poker in 2012 would be amazing. cant wait.
MGM CEO: Internet poker will happen this year Quote
01-11-2012 , 08:33 PM
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Originally Posted by ICUScoobyDoo
I predict we will be playing online by May 2012.
I predict that I will be playing online when I wake up from my nap.
MGM CEO: Internet poker will happen this year Quote
01-11-2012 , 09:17 PM
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Originally Posted by LT22
because the video doesn't say anything that hasn't already been said

because "we" = some states in the United States

because the guy in the video has an interest in saying positive things about poker legislation

I, too, think it's coming, but it's not time to jerk off yet.


Dont tell me when to jerk off.
MGM CEO: Internet poker will happen this year Quote
01-11-2012 , 11:23 PM
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Originally Posted by ACEvivKING
Why does everyone want legislation? Dont they know they can play on merge?
Because as it is, the online poker sites answer to NO ONE. It's a wild wasteland out there.

What did the KGC or AGCC do to prevent or even mitigate the Full Tilt catastrophe?

Why was Russ Hamilton never punished for superusing and stealing god knows how much from how many people?

Why is Lock Poker's security so horribly inept that they couldn't spot a 100K chip
dump from an inactive account? Why have they not taken legal action against Girah as they promised?

I sincerely hope with US regulation people WILL get punished if they try half the shenanigans they did in the past. Is it really to much to ask for people to get punished when they get caught cheating / scamming because that seems like A LOT to ask for in the current online poker climate. I think the majority of Americans are merely tolerating Merge / Cake. When US ipoker gets up and running they're toast.
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