***Official PL article thread*** - Page 11 - Poker Legislation

I'm not saying the article isn't correct. But whenever you read one predicting gloom and doom for a non-state by state solution, look for Richard Bronson's fingerprints on it.

“The potential legalization of online gaming in California will have a ripple effect throughout the state and around the world,” said Jon Richman, CEO of Los Angeles-based U.S. Digital Gaming.

Richard Bronson is the Chairman of U.S. Digital Gaming, more about him:

Quote:

Originally Posted by sba9630

I suspect Richard Bronson threw the license quote out there to pacify the "won't someone please think of the children" crowd.

He used to work for Steve Wynn and now he runs a company that wants to provide a state by state solution.

US Companies Betting on Online Poker Legalization

Here is a video of him giving a talk about his online gambling vision:

Quote:

Originally Posted by sba9630

Richard "Skip" Bronson Speaking at the METal Breakfast [Vimeo - 33:20 - posted Sun, April 3^rd, 2011]

Quote

10-13-2011 , 09:23 AM

#254

sba9630

Pooh-Bah

Join Date: May 2008 Posts: 4,510

Jon Kyl: The Operator
Time Magazine - Friday, Apr. 14, 2006

He has succeeded by mastering a tactic that is crucial in a body in which any one member can bring the place to a halt as a ploy or out of pique: subterfuge.

Quote

10-13-2011 , 02:52 PM

#255

LastLife

Pooh-Bah

Join Date: Feb 2007 Posts: 4,593

Tribes are taking a look at Internet gambling

Quote:

Foxwoods and Mohegan Sun are each exploring partnerships with operators of Internet gambling sites in the event online gaming is legalized in the United States.
Foxwoods is reported to be close to reaching a deal with Sportingbet, an English company that touts itself as one of the world's best-known online gaming operators. EGR Magazine, a London-based publication that covers the online gambling industry, first reported that Sportingbet and the Mashantucket Pequot Tribe, which owns Foxwoods, plan to launch a free-play poker site "ahead of exploring options for real-money poker and casino."

Quote

10-13-2011 , 02:59 PM

#256

thedinergetsby

veteran

Join Date: Jan 2011 Posts: 3,154

Awesome. Tribes getting involved is the last step. This has the potential to relate to the Super Committee if tribes are willing to support online poker, as Patty Murray, one of the Super-Committee co-chairs, is from Washington state, and gets substantial contributions from tribal interests. I know this article about CT casinos, not WA, but just saying...

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10-13-2011 , 03:01 PM

#257

LastLife

Pooh-Bah

Join Date: Feb 2007 Posts: 4,593

There is still an assault on payment processors.

Feds, Greenville sheriff report $2 million seized

Quote:

U.S. Attorney Bill Nettles announced Thursday that months of investigation by the Secret Service and the sheriff's office uncovered two shell companies used to hide gambling proceeds for the online poker industry.

Quote

10-13-2011 , 03:11 PM

#258

sba9630

Pooh-Bah

Join Date: May 2008 Posts: 4,510

I found an article with more information, but still haven't found out who the sites were.

Officials seize $2M from fake investment companies

...Prime Investment, LTD and Trading 24/7 LTD were shell companies used as a front to transfer large amounts of money into the country while hiding the true source of funds.

edit:

Additional info from the article:

According to Nettles, the two foreign-based companies sent more than $40 million to the US between Oct. 2010 and Feb. 2011.

This was a pre-black Friday operation.

Quote

10-13-2011 , 03:17 PM

#259

LastLife

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Join Date: Feb 2007 Posts: 4,593

Quote:

Nettles said through the sheriff's office's hard work on the ground, they contacted online gamblers, including several in the Upstate, to determine who they were getting their payouts from when they won money online.

aww jeez

Quote

10-14-2011 , 06:45 AM

#260

sba9630

Pooh-Bah

Join Date: May 2008 Posts: 4,510

This has to be a misquote:

Federal officials crack money-laundering scheme with ties to SC

Secret Service agent Thomas Griffin told Channel 9 that there were hundreds of online poker players around the state of South Carolina, but largely in the upstate.

"This is nationwide," Griffin said, "but our investigation focused here. Many of the online gambling sites were set up in this part of the state."

Quote

10-14-2011 , 06:56 AM

#261

PokerXanadu

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Join Date: Oct 2006 Posts: 10,583

Quote:

Originally Posted by sba9630

This has to be a misquote:

Federal officials crack money-laundering scheme with ties to SC

Secret Service agent Thomas Griffin told Channel 9 that there were hundreds of online poker players around the state of South Carolina, but largely in the upstate.

"This is nationwide," Griffin said, "but our investigation focused here. Many of the online gambling sites were set up in this part of the state."

Probably meant "operating in this part of the state".

I find this part of interest:

Quote:

"Using relationships with foreign banks, these two companies were engaging in dubious business activities," Nettles said. "When you certify that something is true, whether it has to do with your mortgage or your loan or where the money is coming from, if you lie about it, that's a federal offense."

Quote

10-16-2011 , 09:28 PM

#262

sluggger5x

John Connor of poker

Join Date: Feb 2006 Posts: 5,592

Louis Freeh did an op ed for Washington Post:

http://www.washingtonpost.com/opinio...hpL_story.html

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10-17-2011 , 06:51 AM

#263

shermanash

adept

Join Date: Aug 2005 Posts: 1,079

fairplay usa gettin in there nice

Quote

10-17-2011 , 03:47 PM

#264

LastLife

Pooh-Bah

Join Date: Feb 2007 Posts: 4,593

Don't know if this has been posted yet. Guy that threatened unknown poker site was sentenced to 6 months.

British Poker Player Convicted Of Threatening Online Room Staff

Quote:

In that e-mail, Gallagher demanded $50,000 (£33,000 British) from the site in compensation for the alleged dealing discrepancies and, if his demands weren’t met, he would travel to the company headquarters and “blow the f*****g brains out of every single person who crosses my path.”
“I hope you take me seriously because I swear to God I’m going to do it,” Gallagher’s e-mail continued. “I will have my vengeance. I have planned this for six months. It’s what makes me sleep at night. Drifting off to sleep, thinking about what I am going to do, knowing full well that the butchering I will do will get you exposed for what you are…I will gladly take a life sentence for that.”

Quote

10-17-2011 , 09:09 PM

#265

PokerXanadu

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Online Poker Likely Not the Answer for Nevada’s Widespread Unemployment

Quote:

Poker has historically been somewhat negligible for Nevada brick-and-mortars in terms of revenue. In 2009, Nevada casinos took in $10.39 billion in win, with $145.6 million coming from poker — marking just over 1 percent of the overall take.

According to a University of Nevada Las Vegas Center of Gaming Research report, poker has, since 2006 — the year when Congress effectively ended the game’s surge in popularity with the passing of the Unlawful Internet Gaming Enforcement Act — become steadily less profitable for Nevada casinos. “The win per table has fallen dramatically to early 1990s levels,” however many casino operations still choose to provide them for their ancillary benefits...

Quote

10-18-2011 , 11:57 AM

#266

Jerok

old hand

Join Date: Dec 2008 Posts: 1,592

Quote:

Originally Posted by PokerXanadu

Online Poker Likely Not the Answer for Nevada’s Widespread Unemployment

So according to the article:
Non-regulated, non-prohibited poker boom = profits + benefits.
Non-regulated, psuedo-prohibition = only ancillary benefits.

I wonder what regulated, non-prohibition will look like: Hint: See #1.

Quote

10-18-2011 , 12:48 PM

#267

LastLife

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Join Date: Feb 2007 Posts: 4,593

The Best Bet for Renewable Energy?

Quote:

I had an idea, and after Googling a bit, realized I wasn't the first but I am certain it could work: if American legislators highly taxed online casinos (as they mull over making online poker legal once again), they could make a windfall of earnings that could be dedicated to running pilot plants for new renewable energy technology. America could have enough funds to test and run more biofuel plants for algae, it could fund conservative efforts to increase fuel efficiency like GreenFuel does, and it could also invest in funding innovative ideas that could spark the next revolution in effect creating a tipping point for renewable energy.

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10-18-2011 , 12:57 PM

#268

LT22

Carpal \'Tunnel

Join Date: Aug 2007 Posts: 12,842

haha, yes I want my online poker rake taxed for renewable energy

Quote

10-18-2011 , 01:08 PM

#269

LastLife

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Join Date: Feb 2007 Posts: 4,593

DA gives city poker tourney the boot, saying it violates state law

Quote:

Registrants for the Bootfest's Texas Hold-em Poker Tournament have all been seemingly dealt a losing hand, as the city of Victoria gave notice that the tournament would be canceled for legal reasons.
On Monday, city officials posted a statement on the Bootfest website informing site visitors that the tournament, which was scheduled for Oct. 22, had been canceled because of an opinion Victoria County District Attorney Stephen Tyler delivered to the city at about 4 p.m. Friday, deeming the tournament illegal.

Quote

10-18-2011 , 04:20 PM

#270

ScreaminAsian

For President

Join Date: Oct 2008 Posts: 33,333

ugh, highly tax online poker... tax ****ing golf, it ruins families!

Quote

10-19-2011 , 07:18 PM

#271

LastLife

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Join Date: Feb 2007 Posts: 4,593

The Donald Jumps on the Bandwagon

Quote:

Donald Trump and New York hedge-fund manager Marc Lasry want a seat at the virtual poker table if online gambling is legalized in the U.S.

Quote

10-19-2011 , 07:53 PM

#272

sluggger5x

John Connor of poker

Join Date: Feb 2006 Posts: 5,592

Quote:

Originally Posted by LastLife

The Donald Jumps on the Bandwagon

Quote:

“It’s just a matter of time,” Ivanka Trump, Donald’s daughter, said in a telephone interview. “It would be a tremendous source of taxable revenue for states or the federal government and an enormous generator of jobs,”

Craziness. Can Donald please get out in the media and start saying this!?

Quote

10-20-2011 , 03:53 PM

#273

LastLife

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Join Date: Feb 2007 Posts: 4,593

Poker case: not just about gambling statute

Quote:

The government's case against three leading online poker companies has been hyped -- at least in legal circles -- as a test of the Unlawful Internet Gambling Enforcement Act, the 2006 statute that made it illegal to accept payments for certain forms of Internet gambling. But as defense lawyers begin to disclose their arguments, the online poker case is also shaping up as a challenge to the bank fraud statute, raising a crucial question: Can prosecutors charge bank fraud when there's no harm done to a bank?

Quote

10-20-2011 , 04:40 PM

#274

thedinergetsby

veteran

Join Date: Jan 2011 Posts: 3,154

No, IMO. bring back stars!!!

Quote

10-21-2011 , 05:23 PM

#275

LastLife

Pooh-Bah

Join Date: Feb 2007 Posts: 4,593

Game Face Gaming, Inc. Announced Today That it has Hired Tom McEvoy

Quote:

VALLEY STREAM, N.Y., Oct. 21, 2011 /PRNewswire via COMTEX/ -- Game Face Gaming, Inc. (otc.bb:IKCC), a Reality Gaming Social Network hires world class poker player Tom McEvoy. Game Face Gaming, Inc. announced today that it has hired Tom McEvoy as a Pro Consultant and Instructor to head up the Company's faceupgaming online non-wagering platform and face-to-face Training University.

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