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Barney Frank's Gambling Bill introduced today Barney Frank's Gambling Bill introduced today

05-06-2009 , 11:05 AM
05-06-2009 , 11:10 AM
Quote:
Originally Posted by Freudian
It would be hard to imagine a bill that wouldn't improve on what is going on today.
yeah keep drinking the kool-aid. From the bill

Quote:
‘‘(4) to ensure that no customer who is located
n a State or tribal land that opts out pursuant to
ection 5386 can initiate or otherwise make a bet or
wager prohibited by such opt-out;
Barney Frank's Gambling Bill introduced today Quote
05-06-2009 , 11:23 AM
Quote:
Originally Posted by LeapFrog
yeah keep drinking the kool-aid. From the bill
Don't think that is any different than what is going on now. Several states have already banned online poker. And honestly I see that trend as continuing unless somethign liek this bill is introduced (look at the newest trend of banning craigslist :P).

If this bill passes it could bring in drones of new fish.
Barney Frank's Gambling Bill introduced today Quote
05-06-2009 , 11:25 AM
Quote:
Originally Posted by acethiest
Don't think that is any different than what is going on now. Several states have already banned online poker. And honestly I see that trend as continuing unless somethign liek this bill is introduced (look at the newest trend of banning craigslist :P).

If this bill passes it could bring in drones of new fish.
so tell me, what states can't I access Stars and FTP from right now?

Who knows that will happen with the regs, but enforceable state opt outs will pretty much guarantee that a large number of players will be banned from playing.
Barney Frank's Gambling Bill introduced today Quote
05-06-2009 , 11:29 AM
Who's setting the line for the Law of Unintended Consequences to kick in and this turn out to be another setback for poker, rather than the boon it should produce?
Barney Frank's Gambling Bill introduced today Quote
05-06-2009 , 11:42 AM
Quote:
Originally Posted by LeapFrog
so tell me, what states can't I access Stars and FTP from right now?

Who knows that will happen with the regs, but enforceable state opt outs will pretty much guarantee that a large number of players will be banned from playing.
While you are correct stars and ftp havn;t banned any states (to my knowledge) several pokersites have. And the trend seems to be increasing. All major online casinos have shyed away from marketting to US players and are now looking overseas for a more stable market share. We've seen several large netwroks drop US players no reason to think stars wouldnt do it in the future if the risk becomes too big.

I honestly beleive without regulation eventually the US will get left in the dust. The only reason they havn;t at the moment is that stars doesn;t have a big enough market outside of the US.
Barney Frank's Gambling Bill introduced today Quote
05-06-2009 , 11:49 AM
Quote:
Originally Posted by acethiest
While you are correct stars and ftp havn;t banned any states (to my knowledge) several pokersites have. And the trend seems to be increasing. All major online casinos have shyed away from marketting to US players and are now looking overseas for a more stable market share. We've seen several large netwroks drop US players no reason to think stars wouldnt do it in the future if the risk becomes too big.

I honestly beleive without regulation eventually the US will get left in the dust. The only reason they havn;t at the moment is that stars doesn;t have a big enough market outside of the US.
so rather then support reasonable regulation you support any regulation? I guess you better hope you are lucky and in a 'good' state if this passes and the opt out is enforceable.
Barney Frank's Gambling Bill introduced today Quote
05-06-2009 , 11:50 AM
Leap lets not see monsters under the bed just yet. This is a very strong step in the right direction.

The state opt out is very common I believe someone else smarter can correct me if I am wrong. there might be some consititutional state rights reason for it. However, Like the speed limit opt out or the .08 BA level the federal goverment has its ways to get states not to opt out.
Barney Frank's Gambling Bill introduced today Quote
05-06-2009 , 11:54 AM
Quote:
Originally Posted by uppie_
Leap lets not see monsters under the bed just yet. This is a very strong step in the right direction.

The state opt out is very common I believe someone else smarter can correct me if I am wrong. there might be some consititutional state rights reason for it. However, Like the speed limit opt out or the .08 BA level the federal goverment has its ways to get states not to opt out.
no its not. Plus, and I don't know if this is correct, but some guy in one of the legislation threads answered a question of mine. The question was whether or not this bill would explicitly make offering unregulated online poker illegal. He quoted a section of the bill (I haven't read it yet and IANAL) and indicated that yes it did. Assuming that is correct, you think that is a step in the right direction?

Forget poker challenges in court re skill games, applicability of the wire act, etc. Everyone seems to be forgetting we haven't even exhausted all our legal options yet re the legality of poker. Again, if correct, this bill would certainly take care of all that.
Barney Frank's Gambling Bill introduced today Quote
05-06-2009 , 11:54 AM
boo I hope the bill isn't passed, you americans don't want to pay tax do you? And I don't want to see you nitty yanks at my euro tables.
Barney Frank's Gambling Bill introduced today Quote
05-06-2009 , 11:55 AM
if this has any outcome whatsoever beneficial to poker players it will be entirely accidental
Barney Frank's Gambling Bill introduced today Quote
05-06-2009 , 11:58 AM
go get em Barney gl gl gl
Barney Frank's Gambling Bill introduced today Quote
05-06-2009 , 12:06 PM
Cardplayer says "Rep.Barney Frank to introduce PRO-poker bill". if it's against poker, why would he give an interview to cardplayer.com. it's like giving a casual interview to a porn site after introducing a bill to ban all porn sites. doesn't make any sense. leapfrog is seeing ghosts when there are none.
Barney Frank's Gambling Bill introduced today Quote
05-06-2009 , 12:06 PM
Quote:
Originally Posted by SluggerWV
go get em Barney gl gl gl
awesome awesome bill. Thanks Barney. Thanks PPA.

Brought to my attention by Repulse in legislation:

Quote:
‘‘(3) COLLECTION OF CUSTOMER TAXES.—Ap-
propriate mechanisms to ensure that all taxes relat-
ing to Internet gambling from persons engaged in
Internet gambling are collected at the time of any
payment of any proceeds of Internet gambling.
Barney Frank's Gambling Bill introduced today Quote
05-06-2009 , 12:14 PM
Quote:
Originally Posted by LeapFrog
so rather then support reasonable regulation you support any regulation? I guess you better hope you are lucky and in a 'good' state if this passes and the opt out is enforceable.
In interest of disclosure I am not from US.

But given that online gambling is regulated statewide is it possible for a federal bill that would not allow state exceptions? My guess would be no? Maybe I am wrong though.
Barney Frank's Gambling Bill introduced today Quote
05-06-2009 , 12:30 PM
Quote:
Originally Posted by acethiest
In interest of disclosure I am not from US.

But given that online gambling is regulated statewide is it possible for a federal bill that would not allow state exceptions? My guess would be no? Maybe I am wrong though.
Every bill that has been introduced or even discussed has provided for individual states to opt out (and often for individual pro sports to as well). With some states opposed it would be very difficult to get it through without giving a nod to each state's individual rights.
Barney Frank's Gambling Bill introduced today Quote
05-06-2009 , 12:33 PM
Quote:
Originally Posted by Bstnlw
Every bill that has been introduced or even discussed has provided for individual states to opt out (and often for individual pro sports to as well). With some states opposed it would be very difficult to get it through without giving a nod to each state's individual rights.

Ok. That was my point. Don't think its realistic to expect a bill that doesn;t have a state opt out clause.

As for payign taxes I agree that sucks but until you change your tax laws don't see anyway around it.
Barney Frank's Gambling Bill introduced today Quote
05-06-2009 , 12:39 PM
Quote:
Originally Posted by acethiest
Ok. That was my point. Don't think its realistic to expect a bill that doesn;t have a state opt out clause.

As for payign taxes I agree that sucks but until you change your tax laws don't see anyway around it.
it has 0 to do with taxes and everything to do with 1/2 of America not being able to play if state opt outs were allowed and were enforceable. wtf
Barney Frank's Gambling Bill introduced today Quote
05-06-2009 , 12:45 PM
Quote:
Originally Posted by LeapFrog
it has 0 to do with taxes and everything to do with 1/2 of America not being able to play if state opt outs were allowed and were enforceable. wtf
My tax comment was related to your other post.
Barney Frank's Gambling Bill introduced today Quote
05-06-2009 , 12:47 PM
Quote:
Originally Posted by acethiest
My tax comment was related to your other post.
then quote it because I have no idea what you are talking about. I pay my taxes and have no problem with reasonably taxed regulated poker that more then 1/2 of America can play.
Barney Frank's Gambling Bill introduced today Quote
05-06-2009 , 12:52 PM
Quote:
Originally Posted by LeapFrog
then quote it because I have no idea what you are talking about. I pay my taxes and have no problem with reasonably taxed regulated poker that more then 1/2 of America can play.
I agree withholding taxes can be a problem. No argument there.

I certainly don;t want state opt outs but sounds like its impossible for any bill to pass without them. My belief is though that those states are going to cut off players eventually whether or not poker is legalized. As I've said poker rooms are looking to get out of US market and expand. Legislation isn't perfect but I fear without it in 2-3 years the USA as a whole will be in huge trouble.

I honestly believe though that a bill liek this one increases the chances of a state beign for online gambling and more receptive to it.
Barney Frank's Gambling Bill introduced today Quote
05-06-2009 , 01:00 PM
Quote:
Originally Posted by themandude
boo I hope the bill isn't passed, you americans don't want to pay tax do you? And I don't want to see you nitty yanks at my euro tables.
wat. americans pay taxes now and you're not thinking through how the games could change if american fish can deposit w/ say, a credit card.
Barney Frank's Gambling Bill introduced today Quote
05-06-2009 , 01:01 PM
CNN has its blog on internet gambling up!! I urge all 2p2ers to go and comment there in a proper and thoughtful manner. Every now and then , they update what comments people have put and publish some of them on air. They already have done so once, unfortunately, haters were the first ones to comment. So much backup is required!!!

http://newsroom.blogs.cnn.com/


Also post on their twitter under the heading for internet gambling. Go Go Go!!!

Last edited by P0tat0Cheeps; 05-06-2009 at 01:09 PM.
Barney Frank's Gambling Bill introduced today Quote
05-06-2009 , 01:01 PM
Quote:
Originally Posted by acethiest
I certainly don;t want state opt outs but sounds like its impossible for any bill to pass without them. My belief is though that those states are going to cut off players eventually whether or not poker is legalized. As I've said poker rooms are looking to get out of US market and expand. Legislation isn't perfect but I fear without it in 2-3 years the USA as a whole will be in huge trouble.
how are the states going to cut off players? KY = fail. Talk to me in 6 months in MN makes any headway.

Uh sites are looking to get out of the US and expand... huh? They can't serve the US and expand at the same time? Why wouldn't FTP and PS (for example) stay as long as it is clearly profitable, which it obviously currently is?
Barney Frank's Gambling Bill introduced today Quote
05-06-2009 , 01:08 PM
Quote:
Originally Posted by acethiest
In interest of disclosure I am not from US.

But given that online gambling is regulated statewide is it possible for a federal bill that would not allow state exceptions? My guess would be no? Maybe I am wrong though.
Quote:
Originally Posted by Bstnlw
Every bill that has been introduced or even discussed has provided for individual states to opt out (and often for individual pro sports to as well). With some states opposed it would be very difficult to get it through without giving a nod to each state's individual rights.
Quote:
Originally Posted by LeapFrog
how are the states going to cut off players? KY = fail. Talk to me in 6 months in MN makes any headway.

Uh sites are looking to get out of the US and expand... huh? They can't serve the US and expand at the same time? Why wouldn't FTP and PS (for example) stay as long as it is clearly profitable, which it obviously currently is?
I guess we differ on our view of online poker's viability assuming no regulation happens, I am fine with that.

Its no surprise that stars is mainly looking to increase its market outside of the US. Whether they eventually leave or not remains to be seen. But it certainyl isn't promissing. Once they have a large enough outside customer base there is little reason to risk continuing to serve americans, especially if US decides to go after them. Now whether they can achieve that and how fast is another question.

The other aspect to this is how many new fish would start depositing and feel safe knowing that their money is with a real regulated online casino.

I'm afraid lunch break over so can;t chat anymore!
Barney Frank's Gambling Bill introduced today Quote

      
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