Originally Posted by knn05
I had posted this in the now locked thread of shaundeeb's. Obv. I'm not a lawyer so any who are feel free to tell me that it's a pipe dream.
"Yeah, tbh I think there has to be some kind of clause where FT can operate in the US. PStars signed a deal with DOJ around black friday saying they would no longer accept real money play from US. FT never signed such a deal.
Wire act only applies to sports betting. UIGEA has to be triggered by a state law....so it seems reasonable to me that a FTP2 could operate in states without express limitation on online gambling. Would def. be worth $750M.
Pure speculation on my part. But I can't rationalize PStars forking out $750M for FT otherwise."
It's a pipe dream. FTP2 is not going to be operating in say, Nevada, while Harrah's and others just look on. Someday, if the state and/or federal laws change, maybe, but not under current laws and regulations existing today.