***Official PL article thread*** - Page 55 - Poker Legislation

Meanwhile, Sen. Harry Reid has offered some confusing and contradictory statements on the potential future for federal online poker legislation. The man who once said passage of such a bill was “the most important issue facing Nevada since Yucca Mountain” and who is rumored to be working on a third poker-only bill to bring before Congress later this year with his fellow Nevadan Senator Dean Heller (R-NV), also said in a June 2013 interview with The Las Vegas Sun that he believes the time for federal passage of a bill has essentially come and gone. “I felt for several months now that I don’t see any movement on this,” Reid said. “I don’t see anything happening.”

Yet two months later, Reid said he is introducing a new bill and that he now believes he has the support and votes to push it through before the end of the year. A key component of the new measure is said to be the establishment of a joint online governing body between Nevada and New Jersey that would be created via an interstate compact.

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09-23-2013 , 03:14 PM

#1354

sba9630

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Join Date: May 2008 Posts: 4,510

Italy cannot block online gambling, says EU court [maltatoday.com]

The CJEU ruled that EU Member States restricting national gambling markets in order to favour the economic interest of incumbents over operators licensed in other Member States is against EU law. National legislation which precludes all cross-border activity in the betting and gaming sector, irrespective of the form in which that activity is undertaken, is contrary to EU law.

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09-23-2013 , 04:17 PM

#1355

rwperu34

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Join Date: Dec 2004 Posts: 4,214

Quote:

Originally Posted by sba9630

Italy cannot block online gambling, says EU court [maltatoday.com]

The CJEU ruled that EU Member States restricting national gambling markets in order to favour the economic interest of incumbents over operators licensed in other Member States is against EU law. National legislation which precludes all cross-border activity in the betting and gaming sector, irrespective of the form in which that activity is undertaken, is contrary to EU law.

Does this mean Italians will be able to log on to the ROW Stars site now?

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09-26-2013 , 12:19 PM

#1356

clockworkorange89

adept

Join Date: Aug 2009 Posts: 709

Not sure if this has been posted it's about a week old:
http://www.forbes.com/sites/darrenhe...d-in-congress/

Quote

10-01-2013 , 11:01 AM

#1357

sba9630

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Spencer Bachus won’t seek reelection [washingtonpost.com]

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10-02-2013 , 10:40 AM

#1358

kikadell

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Join Date: Dec 2008 Posts: 10,044

Quote:

Originally Posted by sba9630

Spencer Bachus won’t seek reelection [washingtonpost.com]

Great news!

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10-03-2013 , 12:51 PM

#1359

Willyoman

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Pennsylvania Senate Gaming Chief Readying Internet Gambling Bill (Subscription required)

http://www.gamblingcompliance.com/node/52494

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10-03-2013 , 01:40 PM

#1360

sba9630

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PokerStars plans to add $10 million poker room at Resorts casino [pressofatlanticcity.com]

Online global gambling giant PokerStars plans to make a big splash in the Atlantic City market by building a $10 million poker room as part of its Internet partnership with Resorts Casino Hotel. Company spokesman William J. Pascrell III said construction would start on the poker room immediately after PokerStars is awarded a New Jersey license for Internet gambling.

“As soon as the license is in hand, they’re ready to start building,” Pascrell said. “It will be the PokerStars poker room at Resorts.”

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10-03-2013 , 01:43 PM

#1361

sba9630

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Time for law and order in Internet gambling [thehill.com]

... I know from first-hand experience that it is possible to regulate Internet gambling in a way that prevents criminals or terrorists from laundering money and protects consumers from fraud.

...

In fact, while working in Europe, I did not see even one instance of money laundering associated with regulated Internet gambling.

...

Thom is chairman of Secure Trading, Inc., a company offering a complete suite of services that ensure safe financial transactions and consumer protections. He previously served for 11 years as Chief Risk Officer at MasterCard.

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10-08-2013 , 08:51 PM

#1362

GJS70

Fighting the Good Fight

Join Date: Feb 2011 Posts: 5,750

AGA's CEO gave his first major speech, "Promises to Usher Gaming Industry Into Digital Age"

http://http://www.americangaming.org/newsroom/press-releases/aga-chief-promises-to-usher-gaming-industry-into-digital-age

"He closed his speech by offering his perspective on how the AGA will lead, saying, “we will clear a pathway for our members to attract a new generation of gamers, tap into the huge potential offered by digital expansion, and hope to change the game, once again.”

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10-17-2013 , 01:29 PM

#1363

PokerXanadu

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Sponsor reviving talks on Ill. gambling expansion

Quote:

CHICAGO (AP) — The sponsor of a bill that would add five new casinos in Illinois and allow slot machines at both major Chicago airports says he plans to revive talks on the measure next week in hopes of coming up with a deal.

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10-18-2013 , 03:50 PM

#1364

LT22

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IRS may use taxpayer information for FBAR purposes

Quote:

Facts. IRS conducted an investigation of Mr. Hom’s tax returns. IRS then opened a FBAR investigation under 31 USC 5314 because it discovered Hom’s online gambling activity and use of foreign bank accounts. Hom filed suit in which he alleged that tax return information, discovered during the tax return investigation, was inappropriately disclosed for the purpose of the FBAR investigation.

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10-23-2013 , 08:25 AM

#1365

GJS70

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India High Court recognizes poker as a game of skill. Related to a case where a game was raided.

http://www.cardplayer.com/poker-news...ref_map=%5B%5D

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10-24-2013 , 11:54 AM

#1366

GJS70

Fighting the Good Fight

Join Date: Feb 2011 Posts: 5,750

Great update on many state's positions on igaming.

http://www.onlinepokerreport.com/865...tory-briefing/

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10-24-2013 , 12:17 PM

#1367

TBadr

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Join Date: Jan 2009 Posts: 5,669

Quote:

While his state is not currently engaged in online gaming legislation, Executive Director James McHugh of the newly formed Massachusetts Gaming Commission said he personally believes the advent of online gaming, in his state and elsewhere, is fairly inevitable, given how the Internet has shaped or is reshaping virtually every industry.

Hopefully we get something going in 2014 :-/ "fairly inevitable" just doesn't give me a sense that it is going to happen sooner rather than later.

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10-28-2013 , 10:57 AM

#1368

sba9630

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Jon Ralston ‏@RalstonReports

An insider gaming newsletter, Gambling Compliance, is reporting that @jportertweets has formed new online gaming group w/@AGAupdate split.

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11-02-2013 , 04:56 AM

#1369

sba9630

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Police, security say crime is low at Maryland Live casino [baltimoresun.com]

But the level of crime at the casino and surrounding area has been far lower than even opponents had expected. For a place that has drawn in a day as many people as Oriole Park at Camden Yards can hold, "it's a remarkably low incidence of crime," said Lt. John McAndrew, a supervisor in community relations for the Anne Arundel County Police Department.

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11-02-2013 , 08:33 PM

#1370

LT22

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MGM Resorts’ Jim Murren on online poker, social media, competition and the Red Sox

Quote:

We have not launched because we have taken the view that poker-only here is not a profitable enterprise. There’s not enough liquidity in our state. Our company has always preferred and have been staunch supporters of a federal effort on poker. But I think our optimism on that has waned dramatically. It looks to us that that’s all but a lost opportunity for the federal government and that we will be where we are today in a state-by-state environment.

New Jersey is leading the charge for full-on games. That leads us to conclude that the best solution for our state is for Nevada to exert its rightful leadership as a regulatory jurisdiction, that it needs to have a full complement of games and be able to compact with other states to increase liquidity pools and increase overall visitation to all of the sites. I think that will happen.

We’re partners with Boyd Gaming and bwin Party Poker in a company that will be exploring all those jurisdictions. Boyd and bwin have been working in New Jersey. Because of our current situation in New Jersey, our interest is in a trust and we have no ability to discuss that strategically with them, but we’ll be a beneficiary when it does launch.

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11-06-2013 , 09:41 AM

#1371

GJS70

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Join Date: Feb 2011 Posts: 5,750

"The Inside Scoop – WSOP.com On The Move & The Existing Hurdles to U.S. Operators" h/t Online Poker Report

http://www.pokeraffiliatesolutions.c...operators.html

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11-08-2013 , 03:37 PM

#1372

sba9630

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An al-Qaida Poker Network?

Thackston and Grinols are at it again...

Column: Online gambling is a strategic national threat [tampabay.com]

A single poker game takes just a few hours to transfer $5 million as was recently demonstrated — legally — by American player Brian Hastings with his Swedish competitor half a world away. An established al-Qaida poker network could extract from the United States enough untraceable money in six days to fund an operation like the 9/11 attack on the World Trade Center.

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11-08-2013 , 03:45 PM

#1373

gdsfather

grinder

Join Date: Aug 2012 Posts: 591

WOW. The nerve of these people. It makes my head hurt, especially because average people who know nothing about online poker could read that and think they are right.

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11-11-2013 , 01:21 AM

#1374

sba9630

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No sure winner in upstate casinos game [crainsnewyork.com]

After vote to legalize casinos in New York, push for sites draws high rollers, locals.

Operators from Malaysia to Las Vegas are eyeing bids for four casinos upstate. After seven years, three more venues could be built downstate, including in the five boroughs.