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Old 07-28-2010, 12:02 PM   #101
Kevmath
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Re: House Financial Services Committee Markup on HR 2267 (markup on HR 2267 now!)

If it means PokerStars.us, FullTiltPoker.us, etc. then it would affect Europe/rest of world.
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Old 07-28-2010, 12:06 PM   #102
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Re: House Financial Services Committee Markup on HR 2267 (markup on HR 2267 now!)

Seriously, who says broadcasted? Apparently its a legitimate way to spell broadcast, but its tilting. I casted my fishing lure out yesterday...
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Old 07-28-2010, 12:13 PM   #103
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Re: House Financial Services Committee Markup on HR 2267 (markup on HR 2267 now!)

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Originally Posted by dblgutted View Post
Seriously, who says broadcasted? Apparently its a legitimate way to spell broadcast, but its tilting. I casted my fishing lure out yesterday...
Did you catched anything?
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Old 07-28-2010, 12:14 PM   #104
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Re: House Financial Services Committee Markup on HR 2267 (markup on HR 2267 now!)

back up
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Old 07-28-2010, 12:15 PM   #105
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Re: House Financial Services Committee Markup on HR 2267 (markup on HR 2267 now!)

Amendment #7 by Campbell of CA:

Admininstration and enforcement of gambling authority
Consumer protection of gambling authority

States/tribes to have parallel authority

Requires ALL facilities of licensees that operate/accept wagers be located in the US

Owners/managers must meet licensing requirements

Treasury identify legal and illegal gambling sites so banking authorities can prohibit financial transactions

Must be 21 to gamble online

Verifying age and location of gamblers

Odds of winning must be posted online

Loss limits

Customer can choose RNG (?)

Feasibility study on gamblers who are impaired

Last edited by Kevmath; 07-28-2010 at 12:26 PM.
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Old 07-28-2010, 12:17 PM   #106
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Re: House Financial Services Committee Markup on HR 2267 (markup on HR 2267 now!)

What we all need to remember is that the whole thing is about the Benjamins. The Feds want the revenue $ from internet poker and therefore will try to keep it all in the United States IMO.
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Old 07-28-2010, 12:21 PM   #107
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Re: House Financial Services Committee Markup on HR 2267 (markup on HR 2267 now!)

Ummm, amendment proposed to allow the customer to choose which RNG they wish to use. Interesting.
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Old 07-28-2010, 12:21 PM   #108
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Re: House Financial Services Committee Markup on HR 2267 (markup on HR 2267 now!)

Kevmath: "ALL" facilities must be in US (eg not just a pokerstars US office, but every pokerstars facility must be in US)
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Old 07-28-2010, 12:21 PM   #109
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Re: House Financial Services Committee Markup on HR 2267 (markup on HR 2267 now!)

Quote:
Originally Posted by Kevmath View Post
Amendment #7 by Campbell of CA:

Admininstration and enforcement of gambling authority
Consumer protection of gambling authority

States/tribes to have parallel authority

Requires facilities that operate/accept wagers be located in the US

Owners/managers must meet licensing requirements

Treasury identify legal and illegal gambling sites so banking authorities can prohibit financial transactions

Must be 21 to gamble online

Verifying age and location of gamblers

Odds of winning must be posted online

Loss limits

Customer can choose RNG (?)

Feasibility study on gamblers who are impaired
Loss limits is interesting.
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Old 07-28-2010, 12:24 PM   #110
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Re: House Financial Services Committee Markup on HR 2267 (markup on HR 2267 now!)

What does "odds of winning must be posted online" mean? I can understand for something like slots or w/e, but how can you even quantify that in poker?
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Old 07-28-2010, 12:25 PM   #111
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Re: House Financial Services Committee Markup on HR 2267 (markup on HR 2267 now!)

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Originally Posted by THE F DO View Post
What does "odds of winning must be posted online" mean? I can understand for something like slots or w/e, but how can you even quantify that in poker?

for house games...
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Old 07-28-2010, 12:25 PM   #112
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Re: House Financial Services Committee Markup on HR 2267 (markup on HR 2267 now!)

Bachus essentially says you could chip dump online to "launder money". You can do that in a live casino too..........
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Old 07-28-2010, 12:26 PM   #113
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Re: House Financial Services Committee Markup on HR 2267 (markup on HR 2267 now!)

Wow 45 state Attorneys General are opposing the bill, is that correct?
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Old 07-28-2010, 12:27 PM   #114
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Re: House Financial Services Committee Markup on HR 2267 (markup on HR 2267 now!)

holy **** that passed?!
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Old 07-28-2010, 12:28 PM   #115
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Re: House Financial Services Committee Markup on HR 2267 (markup on HR 2267 now!)

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Originally Posted by dblgutted View Post
holy **** that passed?!
lol something did, what exactly was it? I literally just joined the stream


and a 2nd thing just passed..?

whats happening


Edit: lmao at this lady not knowing what amendment it is
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Old 07-28-2010, 12:28 PM   #116
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Re: House Financial Services Committee Markup on HR 2267 (markup on HR 2267 now!)

Campbell amendment passes by voice vote

Amendment #8, by Sherman of California:

Gives states one full general legislative session to opt out, instead of 90 days.

Passes by voice vote

Amendment #9 by Bachmann of Minnesota:

Revokes license of Internet sites who advertise towards minors

Passes by voice vote
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Old 07-28-2010, 12:30 PM   #117
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Re: House Financial Services Committee Markup on HR 2267 (markup on HR 2267 now!)

21 to gamble online wat?
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Old 07-28-2010, 12:30 PM   #118
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Re: House Financial Services Committee Markup on HR 2267 (markup on HR 2267 now!)

What's going on? Can some of the less lazy among us explain?
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Old 07-28-2010, 12:32 PM   #119
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Re: House Financial Services Committee Markup on HR 2267 (markup on HR 2267 now!)

Woo hoo Melissa Bean! I voted for her....she better not piss me off....
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Old 07-28-2010, 12:32 PM   #120
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Re: House Financial Services Committee Markup on HR 2267 (markup on HR 2267 now!)

Quote:
Originally Posted by Pro Merc View Post
lol something did, what exactly was it? I literally just joined the stream


and a 2nd thing just passed..?

whats happening


Edit: lmao at this lady not knowing what amendment it is
Amendment 7 -- had a whole ****-ton of restrictions, many of them wholly unrealistic
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Old 07-28-2010, 12:32 PM   #121
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Re: House Financial Services Committee Markup on HR 2267 (markup on HR 2267 now!)

Amendment #10 by Bean of Illinois

Requires Treasury to constantly measure compliance of Internet sites, sanctions fines and revoking license if minors are found to gamble online (Under 21).


Currently voting on amendments to HR 2267, when all amendments are discussed, there will be some roll call votes on a couple of amendments (states can opt-in to Internet gambling), then a roll call vote of the bill itself.
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Old 07-28-2010, 12:33 PM   #122
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Re: House Financial Services Committee Markup on HR 2267 (markup on HR 2267 now!)

Why is this such a big sticking point with them. Kids don't have money to gamble with anyway.
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Old 07-28-2010, 12:34 PM   #123
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Re: House Financial Services Committee Markup on HR 2267 (markup on HR 2267 now!)

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Originally Posted by karamazonk View Post
What's going on? Can some of the less lazy among us explain?
The poster banonlinepoker's dream bill is being created
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Old 07-28-2010, 12:34 PM   #124
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Re: House Financial Services Committee Markup on HR 2267 (markup on HR 2267 now!)

Was Bean's thing <21, or <18? "Minors" means <18, right? I didn't hear her mention 21.
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Old 07-28-2010, 12:35 PM   #125
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Re: House Financial Services Committee Markup on HR 2267 (markup on HR 2267 now!)

YES! one TIME. glad i am over 21. ugotabanana better age quickllllllly
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