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Old 03-08-2013, 05:36 AM   #1
LTU Westham
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Illinois poker bill opposes PS, FTP and Party entering the market

Sorry if this is not thread-worthy as it is just another speculation but what do you think U.S. market would be without Ps, FTP and and Party?

atm, there are 3 states that approved online poker bills - Nevada, Delaware and NJ.
According to Pokernews, there is a bill upcoming in Illinois

Out of these four, two are strongly opposing the return of the market leaders. NJ opposes Pokerstars purchase of a casino while Illinois has a "bad actor" clause that:

Quote:
clause that would prohibit companies that accepted real-money bets in violation of U.S. law in the past 10 years. This would exclude companies like PokerStars, Full Tilt Poker and PartyPoker from entering the market.
Here is the bill.

Ok, Atlantic city feels Pokerstars would be bad for their business but Illinois says clearly it is all about the money. Why would they oppose more business coming into the state?

Will other states oppose Pokerstars, Fulltilt Poker and Party Poker entering their market, as well?
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Old 03-08-2013, 05:40 AM   #2
amberdosh
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Re: Illinois poker bill opposes PS, FTP and Party entering the market

Party would be eligible in 2016, which is probably before they have cards in the air. It's also important to remember these are just proposals and subject to backroom negotiations and changes.

Stars has basically no chance of doing business in the US market anytime between now and when hell freezes over, but Party and others who didn't need the DOJ to shut them down should be fine.
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Old 03-08-2013, 05:52 AM   #3
joeschmoe
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Re: Illinois poker bill opposes PS, FTP and Party entering the market

Quinn suggested that money from new Illinois casinos could help pay for schools and the state's nearly $100 billion in pension debt.

one
hundred
billion

edit....
Good info in the LEgislation forum as Hood says in the next post.. Just in case the mods don't move this thread...
Post #5
The bill:
Creates a Division of Internet Gaming (DIG)

and confers authority on the DIG to make rules, "including but not limited to":

(1) the types of Internet games to be offered;
(2) price points for Internet games;
(3) player fees and percentage of rake commission or other fee for Internet games;
<---- Looks like the state sets the rake?

Last edited by joeschmoe; 03-08-2013 at 06:15 AM.
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Old 03-08-2013, 06:01 AM   #4
Hood
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Re: Illinois poker bill opposes PS, FTP and Party entering the market

This is being discussed in legislation:
https://forumserver.twoplustwo.com/57...-bill-1308059/
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Old 03-08-2013, 06:27 AM   #5
amberdosh
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Re: Illinois poker bill opposes PS, FTP and Party entering the market

Quote:
Originally Posted by joeschmoe View Post
Quinn suggested that money from new Illinois casinos could help pay for schools and the state's nearly $100 billion in pension debt.

one
hundred
billion
h
e
l
p
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Old 03-08-2013, 06:30 AM   #6
NerdSuperfly
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Re: Illinois poker bill opposes PS, FTP and Party entering the market

Quote:
Originally Posted by amberdosh View Post
Stars has basically no chance of doing business in the US market anytime between now and when hell freezes over, but Party and others who didn't need the DOJ to shut them down should be fine.
naw, just depends on how the casino moguls play their cards and how the lobbyists work ... all the 'bad actor' clauses can be explained in different ways.

PS has a deal w/ the DoJ that says clearly:

Quote:
Under the agreement with the Department of Justice, PokerStars does not admit to any wrongdoing. Furthermore, the agreement explicitly permits PokerStars to apply to relevant U.S. gaming authorities, under both PokerStars and Full Tilt Poker brands, to offer real money online poker when State or Federal governments introduce a framework to regulate such activity.
this is tricky, because it only says explicit 'Federal Government' but nothing about State Laws. But on the other side, it says that PS did nothing wrong.

like eric hollreiser said

Quote:
These are matters for expert regulators to determine, not self-interested partisans picking a public fight

and btw: Party made also a deal w/ the DoJ (this Dikshit paid some hundred million or am i wrong) ... and the others poker rooms only left the us market b/c the big 3 were shutdown.


imo it's also wrong to say AC don't wanna PS. The casino company fear PS because, when they enter, other rooms don't need to go online. so the pay a million of bucks to the AGA (& others) and they in turn pay the politicians ... but others don't care who generate the taxes (e.g. Lesniak who was quite happy PS was interested to enter AC), so PS isn't a big underdog

under circumstances PS could even enter nevada. either via a combined playerpool (intrastate) or directly. like the 'Caesars wanted to sell PS the WSOP' story showed, some companies wouldn't mind to deal with 'the enemy' as long as they can outplay the others (caesars with all the debts is maybe more desperate, but other companies could also reach out their hands for a big friend)

it will be interesting, when california will allow online poker (a lot of parties involved) and what the 'native american tribes' plan to do. so it is a long way to go.
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Old 03-08-2013, 06:37 AM   #7
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Re: Illinois poker bill opposes PS, FTP and Party entering the market

this thread should be closed.
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