Lottery Lobbyist source: Reid will try to attach online poker to tax cuts... - Page 13 - Poker Legislation

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02-12-2012 , 10:44 AM

#301

Jonaspublius

veteran

Join Date: Jan 2009 Posts: 2,182

Quote:

Originally Posted by PokerXanadu

One of the great things about i-poker is that a boom in it also creates a boom in b&m casino traffic of poker players. All the tribes with live cardrooms will benefit.

You seem to misunderstand the $100M remark from the hearing. This was mentioned in regards to the California intrastate bill, as an example of how allowing legislation to be state-by-state rather than federal will create greater barriers to market entry for Indian tribes. In CA, the bill will require an upfront advance payment (against future revenue taxes, not as a licensing fee) to the state on the order of $100M for each licensee.

The smaller tribes can definitely be mollified by allowing them to either create consortia to run joint sites or running as skins on a network under a federal bill.

The smaller tribes can definitely be mollified by allowing them to either create consortiums to run a joint sites or running skins on a network.

I just doubt the bill create reasonable access to all current purveyors of gaming in states that participate. This is America, the land of legislated monopolies. The two low rungs on the gaming totem pole are players and the Indian tribes. do you really anticipate Reid and Kyl are going to betray thirty plus years of support from the casino industry and pass something egalitarian?

Quote

02-12-2012 , 11:15 AM

#302

TheDarkElf

veteran

Join Date: Nov 2010 Posts: 2,667

Quote:

Originally Posted by Jonaspublius

What you are forgetting is that there are 20 some odd tribal gaming facilities in AZ, and they have been Kyl supporters.

Quote

02-12-2012 , 11:26 AM

#303

LT22

Carpal \'Tunnel

Join Date: Aug 2007 Posts: 12,841

Px, yes I misunderstood that part. I didn't watch the whole hearing, so no context.

There still will be, however, barriers to entry. software, license regulations, etc will not be cheap. Even just becoming a skin will be expensive.

As mentioned above, Kyl loves his Indians in Arizona.

Quote

02-12-2012 , 11:59 AM

#304

Jonaspublius

veteran

Join Date: Jan 2009 Posts: 2,182

Quote:

Originally Posted by TheDarkElf

What you are forgetting is that there are 20 some odd tribal gaming facilities in AZ, and they have been Kyl supporters.

I hope as many purveyors as possible are allowed. I don't think all tribes will be shafted, but the outlying, less capitalized ones will find themselves unable to pay their way in, IMO. I realize I'm an old artifact of the nineties, and Nevada regulators seemed not totally clueless, but my doubts stem from memories of how companies who buy regulation try to protect the gains they bribed to access.

Quote

02-12-2012 , 12:15 PM

#305

LetsGambool

banned

Join Date: Jan 2007 Posts: 26,568

Quote:

Originally Posted by TheEngineer

We discussed a hybrid opt-out/opt-in system as better than opt-in across the board, but PPA never thought an all opt-in bill would be good.

If you have something specific you'd like to discuss, please post the quotes so I can address it.

NM I'm sidetracking the thread. Wrong place for it.

Last edited by LetsGambool; 02-12-2012 at 12:32 PM.

Quote

02-12-2012 , 12:53 PM

#306

thedinergetsby

veteran

Join Date: Jan 2011 Posts: 3,154

Quote:

Originally Posted by Jonaspublius

It is just a fact of being the minority party in the House that discipline is laxer than when you're in the majority.

The entire point is to stress the House Democratic Caucus is no threat to this bill being attached, and if it was the only way it would matter would be if the Republicans schism over the payroll tax-cut extension.

Def agree with this.

Quote

02-12-2012 , 02:05 PM

#307

ringinabox

veteran

Join Date: Feb 2009 Posts: 3,081

ugh what a sick slow roll, i couldve sworn this thread was on page 1 last night i came back and saw that it was on 4 i thought something huge happened. carry on...

Quote

02-12-2012 , 02:22 PM

#308

Black Hat

veteran

Join Date: Dec 2004 Posts: 2,927

Love how they assume that if I can't play online poker I'll go blow my money on lottery tickets instead.

***** Morons

Last edited by Rich Muny; 02-12-2012 at 08:53 PM. Reason: profanity filter evasion

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02-12-2012 , 03:27 PM

#309

Jonaspublius

veteran

Join Date: Jan 2009 Posts: 2,182

We are all afraid of not knowing what the bill MIGHT look like IF it passes.

Everyone here, from left to right to as crazy as me, expects massive government and industry greed mixed with bureaucratic incompetence. Give us a little break for panic.........what else can we do?

Quote

02-12-2012 , 03:34 PM

#310

LT22

Carpal \'Tunnel

Join Date: Aug 2007 Posts: 12,841

yea the problem with poker is that players flock to other players, which makes even more people flock there. It has a lot less to do with price and almost everything to do with availability or perception of action

Quote

02-12-2012 , 05:11 PM

#311

PokerXanadu

Carpal \'Tunnel

Join Date: Oct 2006 Posts: 10,583

This thread has gotten derailed. If there is new news regarding a poker bill or attachment, please start a new thread.

/thread

Quote

02-12-2012 , 09:08 PM

#312

Rich Muny

Former PPA VP

Join Date: Apr 2005 Posts: 28,232

Quote:

Originally Posted by LetsGambool

NM I'm sidetracking the thread. Wrong place for it.

No problem. Feel free to start a new thread or to PM me for clarification on this.

Quote

02-12-2012 , 09:09 PM

#313

Rich Muny

Former PPA VP

Join Date: Apr 2005 Posts: 28,232

Quote:

Originally Posted by PokerXanadu

This thread has gotten derailed. If there is new news regarding a poker bill or attachment, please start a new thread.

/thread

Thanks PX. It was way out of hand.

All: I went ahead and moved the off-topic stuff to Rake under U.S. authorized poker sites?. Please keep that discussion over there. Thanks.

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02-12-2012 , 09:11 PM

#314

payems

enthusiast

Join Date: Jan 2008 Posts: 50

OK so is this week the best sweat we've ever had? I'm never sure how big or small news about US regulations is, but this seems like a big deal. In other words, is it reasonable to feel excited that some really good things COULD go down for us this week? I just never know how much hope to have...

Last edited by payems; 02-12-2012 at 09:18 PM.

Quote

02-12-2012 , 09:24 PM

#315

ScreaminAsian

For President

Join Date: Oct 2008 Posts: 33,330

Quote:

Originally Posted by payems

i'm buying the champagne tomorrow morning.

Last edited by ScreaminAsian; 02-12-2012 at 09:25 PM. Reason: 2nd best sweat

Quote

02-12-2012 , 09:31 PM

#316

TheDarkElf

veteran

Join Date: Nov 2010 Posts: 2,667

Quote:

Originally Posted by ScreaminAsian

i'm buying the champagne tomorrow morning.

Same here, except it is tequila instead of champagne, and I have decided to drink it even if there is no good news.

Quote

02-12-2012 , 09:38 PM

#317

Jah Onion

Carpal \'Tunnel

Join Date: Oct 2008 Posts: 10,955

any sort of cliffnotes possible pls?

Quote

02-12-2012 , 09:40 PM

#318

LT22

Carpal \'Tunnel

Join Date: Aug 2007 Posts: 12,841

unverified rumors that Kyl/Reid have reached an agreement to attach online poker to the Payroll Tax Cut bill which will have to be passed by end of February

/cliffs, just pure speculation beyond that

Quote

02-12-2012 , 10:00 PM

#319

sluggger5x

John Connor of poker

Join Date: Feb 2006 Posts: 5,592

A repeat from what we have already heard. Anybody have a subscription?

Report: Reid, Kyl Make Internet Poker Deal; What About Tribes?

Quote:

Several sources have told GGB News that a phone call from Nevada Governor Brian Sandoval has informed top-level gaming execs that a deal has been reached to legalize online poker. But what about the role of tribes in this new industry? A Senate committee last week heard testimony.

Quote

02-12-2012 , 10:03 PM

#320

Jonaspublius

veteran

Join Date: Jan 2009 Posts: 2,182

Would be nice to put together some twitter feeds to follow if we are going to get all excited.

Quote

02-12-2012 , 10:14 PM

#321

Wilfred

adept

Join Date: Aug 2011 Posts: 748

Are tweets and Facebook messages good for this certain occasion? I feel like they are trying to attach online poker to this under the radar of everyone else and sending mass texts and fb messages would kinda be blowing up their spot... Just my opinion

Quote

02-12-2012 , 10:30 PM

#322

DMYERS

centurion

Join Date: Jan 2010 Posts: 159

Quote:

Originally Posted by sluggger5x

A repeat from what we have already heard. Anybody have a subscription?

Report: Reid, Kyl Make Internet Poker Deal; What About Tribes?

Several sources have told GGB News that a phone call from Nevada Governor Brian Sandoval has informed top-level gaming execs that a deal has been reached to legalize online poker. But what about the role of tribes in this new industry? A Senate committee last week heard testimony.

Could be a controlled leak for an uptick in stock.
But it could be an insider tip being spread to some supporters or donors. If the second is the case I am surprised it leaked. I do hope this is the case however.

Quote

02-12-2012 , 11:12 PM

#323

tangled

old hand

Join Date: Feb 2006 Posts: 1,795

Quote:

Originally Posted by DMYERS

Good reporters are suppose to use reliable sources and then verify the info. Since a fee is being charged for this story, I would think the reporter is up to journalism standards. Also, if this is a false story leaked only to manipulate stock prices, I am guessing there would be severe legal ramifications.