Quote:
Originally Posted by HurtLocker
As in poker itself, for now the courts imo are not an out - I am assuming (perhaps incorrectly/pessimistically) the courts will simply go along with this latest interpretation. This is just how I see it imo. Again, I am no lawyer.
Consequently, it IS still the DOJ interpretation that indirectly controls the actions of the payment processors and the banks in this arena (like with pot). And with that domino not in play, the rest as far as liquidity for a real online poker market in US is now next to nil. That is what is most important. So while PA may roll out its online gambling, it will be purely intrastate and so will other states like NV, NJ, and DE. Unless and until one of the two outs I mention above occur, I don't see how online poker for US OVERALL will ever now gain any real traction.
Although a Court may find differently than you assume,
https://caselaw.findlaw.com/us-5th-circuit/1342249.html ,
you've hit upon a real problem even if they do so ..... regulated gambling companies, payment processors and banks are risk adverse. There was still no State licensed online poker in the US during the stretch between the Mastercard litigation and the 2011 OLC favorable memo.
The interstate poker pooling that was emerging could return, but that ship seems likely to have sailed ....
Sports betting is more of a driver at the State level and that
can move forward intrastate even under this latest OLC missive. (Keep an eye on what the Georgia Lottery says/does. They are not necessarily a "business" perhaps and PASPA's repeal might give them an extra round in their legal magazine.)
This matter will be litigated, there are real parties in interest in the US who face a 90 day window before they suffer irreparable harm and they know the way to the courthouse door.
Last edited by Gzesh; 01-17-2019 at 02:34 AM.