Land of the free.

lol

Lol

The Terrorists

Seriously?

Seriously?

When do you think the majority of the public will start rejecting this played out excuse?

yeah anyone know the reason for this?

Money bag drop off imo.

I don't think you guys understand how the money flows. This likely wont effect online poker at all - and if it does, the sites could easily make it not.

Currently the poker sites ship the money to other companies which are based in the US, then those companies ship the money to players. If some currently ship from offshore bank accounts, surely they will change to the way the rest of the sites do it before this is implemented.

Much ado about nothing. Wont impact online poker players at all.

land of the free

Why are US laws so against gambling? It seems the complete opposite to the UK

LIFE NIT?

Pay yours taxes and you will have no reason to worry.

The writing is on the wall. This law will be passed because in this post-9/11 era the U.S. Congress will pass anything if it is put into "anti-terrorism" terms.

The reasoning behind this is simple: if a U.S. politician votes against any such legislation, he or she will be vulnerable to accusations they are soft on terrorism.

A reasonably-minded person should see clearly enough what great fodder that would make in a campaign ad.

So, this law is basically passed already. Nothing emotional about it. Just an awareness of political reality in 2010 America.

Ya but from what I understand, site like PS transfer money to US based money-processors, which in turn ship you the money.

If the processor company gets into legal issues, even then all you need to do is show paperwork of your money being sent from PS -> that company for purposes of withdrawl, which absolves you of legal rammifications as online poker is not illegal and the only business you have with them is transactions using them as a middleman.

Besides, I thought this only deals with electronic money transfers. Get a check from the money processor, and nothing gets tagged on you.

People use electronic money exchanges daily, does that mean they all risk being prosecuted because they bought garbage off eBay?

If indeed this is true, then could someone please explain this:

http://www.gambling911.com/gambling-...on-040510.html

http://pokerworks.com/poker-news/201...ilt-poker.html

1. Why have many online poker sites voluntarily left the U.S market after the passage of the UIGEA if no laws are being broken?

2. If online poker sites exist within the legal framework of U.S. law, then why has tens of millions of dollars been successfully confiscated by the U.S. Gov't? Both FullTilt and Stars have had huge amounts of "online gaming transfer funds" seized by the Justice Department.

If these transfers are indeed legal, how does one explain those seizure actions?

Look, I am genuinely concerned enough I have quit playing online poker for now. These are valid questions. If they can be answered to my satisfaction, I would be quite happy as I enjoy playing poker and now reside too far from a casino to play live regularly.

I simply believe there is a very real and increased push from the U.S. government to regulate and enforce laws pertaining to online poker. I cannot get wrapped up in anything illegal as it will jeopardize my standing with my state board.

USA turning into Iran.

USA trying to prevent terrorism by slowly introducing Sharia Law.

1. This may come as a shock to you, but you aren't the first person to ask these questions.

2. Go read the legislation forum.

3. You are just now freaking out about this?

The point is the accumulation of legislation and the direction of action taken by the gov't, and I was directly responding to the assertion that these money transfers to money processors are legal.

It is rather clear your comprehension skills are somewhat lacking and it is duly noted that your contribution to this debate is essentially zero.

It would have been much better if you had responded to the issues at hand, but I get the sense you are unable to do so.

Thanks for stopping by.

Then they came for me....

this has been debated for years before you decided to grace us with your presence. YOU have brought nothing new to the debate. Read the legislation forum, moran.

<<<< It is off to the left for those with reading comprehension problems

Now, this is a very interesting question, actually.

With the U.S. currently running huge and unsustainable budget deficits it is finding itself under constantly increasing political pressure to either raise taxes or find alternative sources of revenue to fill those financial gaps.

This is why many believe the U.S. will eventually legalize and regulate online poker. It represents a new and healthy revenue stream for the U.S. government (which is always much more palatable than raising taxes).

So, given this, FullTilt, Stars, and other foreign online poker sites represent well-positioned and very formidable competition for the future U.S.-based online poker companies.

However, what if the U.S. uses increased legislation and regulatory mechanisms to reduce this foreign competition BEFORE American companies enter the newly legalized U.S. online poker market?

It would give those new U.S.-based online poker companies a huge advantage, right? Thus, increasing the tax revenue the U.S. gov't would reap from this newly legalized U.S. market.

That is what I think is happening: the U.S. is going to push out foreign competition so that when American companies enter the U.S. market they will be immediately successful, benefiting both the U.S. gov't in the form of tax receipts and the American casinos and companies that will be entering the online poker market in the U.S by reducing their foreign competition.

And that is why I am getting out of the way and will wait for the dust to settle.

Because of the alternative.