Quote:
Originally Posted by UgotMERKED
Am I wrong, or isn't the point of regulation that it happens on a federal level? and not state by state?
Help...
imo "regulation" was always going to be at the state level with or without RK.
Gaming in the U.S. has always been run by the states. Always has been and prob always will be.
Feds have no experience in any meaningful gaming regulation that I can think of. States have lots and lots of experience. The thought of the feds being the actual regulators for online poker is very scary.
How the various state by state regulators (NOT lawmakers) interpret and decide on many items left to their authortity by the lawmakers, will have a MAJOR impact on the speed to market, security, and overall player friendliness of each states online poker market and a merged market as well
Yes we have to have the laws to get started, but once those pass much of the work that will effect when and how we play will be left to the regulators to sort out and decide on.
p.s.
let me quickly define what I mean by "regulations" or duties of a "regulator"
1) Investigate and License operators, back-end processors, affiliates, anyone else that touches the money or provides technology that touches the money. (goal here to simply keep dirty people and dirty money out of industry)
2) Develop and adopt technical standards by which the software will be tested (see gaminglabs.com for more info on how this works in the US now with B&M casino technology)
3) Test and certify software those technical standards
4) Monitor and enforce all the above
lots of others but these are the big three.