Quote:
Originally Posted by SuperSwag
with all these poker bills trying to be passed it makes me wonder the point of making it illegal 6 years ago.
Kinda like, lets ban alcohol then 5 years later fight for it legal like wtf?
Mr. SS:
The point of making it illegal six years ago was to clear the playing field by first removing all the established competition - as in Poker Stars, Full Tilt, UB, AP and all the other "illegal" offshore sites. Gary Loveman was on CNBC back in the summer of 2010 with Maria Bartiromo referring to these sites as "essentially illegal operators" before going on to declare "... We are talking with our friends in Congress ..." about federal legalization. (He conveniently left off any hint or inkling about Black Friday being in the works, but you can bet he knew what was coming down the pike.) Once Mr. Loveman, Mr. Adelson, et al. eliminated the competition, ("Thank you Preet Bharara!") they proceeded to step 2 - which is making it "legal" again - but only for operators who weren't [previous] bad actors. Eliminating the existing established competition was the necessary prerequisite in this process.
These US-based domestic operators want "legal" internet poker - they just want it minus the competition. They want a form of "semi competition" among themselves where only 2-3 operators (maximum) dominate the entire US market. They'll let Poker Stars keep what they have - which is basically domination of the ROW market - since they don't want to compete against the Schienbergs anyway. That will allow them to operate in the US as an oligopoly where cut throat competition on things like rake, rake back, and VIP promotions will be either eliminated or greatly curtailed.
This is just billionaires doing what billionaires do - fighting over money and screwing their customers. It's never been about poker players and what is in their best interest. Anybody who believes that is naive.
Last edited by Alan C. Lawhon; 08-09-2013 at 07:46 PM.
Reason: Minor edit.