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HR 2267 Markup (Passed 41-22-1) HR 2267 Markup (Passed 41-22-1)

07-28-2010 , 11:17 AM
Great! That amendment would have been very bad.
HR 2267 Markup (Passed 41-22-1) Quote
07-28-2010 , 11:17 AM
I'm afraid that with the opt-in proposal will mean only 5 states will start opted in and states like mine will take a decade to finally opt in, if ever.
HR 2267 Markup (Passed 41-22-1) Quote
07-28-2010 , 11:17 AM
the NO's have it. That's very good news.
HR 2267 Markup (Passed 41-22-1) Quote
07-28-2010 , 11:18 AM
Recess! And good to win the opt-out.
HR 2267 Markup (Passed 41-22-1) Quote
07-28-2010 , 11:19 AM
Quote:
Originally Posted by LetsGambool
See, if Frank didnt support the amendment this might be a good line of reasoning.

Since our biggest supporter in the House thinks that banning all foreign operators is a good idea, and is known not to differentiate between poker and casino games, why do we think that he will not support a similar amendment to a poker only bill?
Why have Stars and Tilt supported Frank and the PPA if his position has been clear that they wouldn't be eligible for a license?
HR 2267 Markup (Passed 41-22-1) Quote
07-28-2010 , 11:20 AM
Quote:
Originally Posted by antneye
Or simply enter into a partnership with Trump or Harrahs or whoever......We really need not get hung up on this. The key is legalized/regulated online poker. Businesses (new and existing) will find a way to bring it to us.
Because we are very unlikely to get a law passed during this Congress.

To continue to push for a player friendly bill, we need funding. FT/PS fund much of the PPA's budget through the IGC.

Sure, Harrah's and company will still push for regulation, but their interests are not necessarily aligned with ours. Its possible to get regulation that kills the games. See what happened in France.

I think this amendment will end up reducing PPA influence in the next Congress while increasing the B&M influence. That's not good IMO. I dont want to be paying 7% rake on Harrahs.us in 2018.
HR 2267 Markup (Passed 41-22-1) Quote
07-28-2010 , 11:20 AM
Quote:
Originally Posted by LetsGambool
See, if Frank didnt support the amendment this might be a good line of reasoning.

Since our biggest supporter in the House thinks that banning all foreign operators is a good idea, and is known not to differentiate between poker and casino games, why do we think that he will not support a similar amendment to a poker only bill?
TE, Correct me if i'm wrong but the definition of foreign operators has not been defined or established...It is not found in HR 2267 nor has it been accepted in any amendment...What constitutes a foreign operator will still need to be determined.

Michael of NJ
HR 2267 Markup (Passed 41-22-1) Quote
07-28-2010 , 11:20 AM
Quote:
Originally Posted by LetsGambool
See, if Frank didnt support the amendment this might be a good line of reasoning.

Since our biggest supporter in the House thinks that banning all foreign operators is a good idea, and is known not to differentiate between poker and casino games, why do we think that he will not support a similar amendment to a poker only bill?
I didn't say Frank will. However, he's not the one pushing those amendments.

A main goal we had was to keep this opt out vs. opt in. Defeating the Baca amendment was great for us.
HR 2267 Markup (Passed 41-22-1) Quote
07-28-2010 , 11:20 AM
No's have it but a recorded vote was requested. Most seemed opposed so I assume the official recorded vote will our way too.
HR 2267 Markup (Passed 41-22-1) Quote
07-28-2010 , 11:22 AM
Quote:
Originally Posted by Sly Caveat
If they allow only certain sites, wouldn't that effectively allow all sites? If they can't stop Stars and FTP now, would they even bother to try to stop them if other sites are allowed?
Maybe, UIGEA would still be the law used to block unlicensed operators. This bill would create "legal" operators and give some clarity to UIGEA. Banks and other financial institutions would have 2 lists, one for legal licensed sites and one with clearly "illegal" unlicensed sites, which makes blocking online gaming transactions to the unlicensed sites easier then the way it is today
HR 2267 Markup (Passed 41-22-1) Quote
07-28-2010 , 11:22 AM
Quote:
Originally Posted by Steelerman
Why have Stars and Tilt supported Frank and the PPA if his position has been clear that they wouldn't be eligible for a license?
His position has been clear that he doesn't differentiate between poker and other gaming.

This is the first I've heard of him supporting the idea of banning foreign operators.

Good news the opt-in got killed. Why pass a bill that is going to generate no revenue? We should work to codify the process though.
HR 2267 Markup (Passed 41-22-1) Quote
07-28-2010 , 11:22 AM
And....they're on break. So far this is going well. There have been no amendments so far that restrict legitimate poker playing activity. Bachus/Bachmann's poison pill amendment was withdrawn...we may see it again in a weaker form. Baca's amendment failed. All other amendments actually improve the prospects of passage by the House.
HR 2267 Markup (Passed 41-22-1) Quote
07-28-2010 , 11:22 AM
Quote:
Originally Posted by Steelerman
Why have Stars and Tilt supported Frank and the PPA if his position has been clear that they wouldn't be eligible for a license?
To no longer be foreign...They may simply need to be incorporated in the U.S...We have not seen any language as of yet pertaining to these foreign operators...

Michael of NJ
HR 2267 Markup (Passed 41-22-1) Quote
07-28-2010 , 11:23 AM
Cliff notes guys? had to head out for a while, when do they begin again?
HR 2267 Markup (Passed 41-22-1) Quote
07-28-2010 , 11:24 AM
Quote:
Originally Posted by TheEngineer
I didn't say Frank will. However, he's not the one pushing those amendments.

A main goal we had was to keep this opt out vs. opt in. Defeating the Baca amendment was great for us.
Yup, that's a win.

Frank just said earlier in the hearing that he "was in general agreement" with banning foreign operators didnt he?
HR 2267 Markup (Passed 41-22-1) Quote
07-28-2010 , 11:24 AM
Quote:
Originally Posted by ivey10k
To no longer be foreign...They may simply need to be incorporated in the U.S...We have not seen any language as of yet pertaining to these foreign operators...

Michael of NJ
That's what the Bachus/Bachmann amendment did, by taking individuals out rather than corporate entities. Glad it was withdrawn.
HR 2267 Markup (Passed 41-22-1) Quote
07-28-2010 , 11:24 AM
Quote:
Originally Posted by numberline
Cleaver can barely get a sentence out...how did this guy get elected? I'm not sure which side of this amendment he's on.
Yeah lol I was thinking the same thing. First few minutes I didn't know which side he was on, but if you understood his freedom joke, that was foreshadowing for his allegiance. However I must admit I didn't understand the joke lol, his delivery was a bit off, but anyone for freedom of choice is a friend of mine.
HR 2267 Markup (Passed 41-22-1) Quote
07-28-2010 , 11:25 AM
Quote:
Originally Posted by LetsGambool
Frank just said earlier in the hearing that he "was in general agreement" with banning foreign operators didnt he?
I think he said he was in general agreement with banning foreign operators that broke U.S. laws. I guess someone will have to prove offering poker violates U.S. law.
HR 2267 Markup (Passed 41-22-1) Quote
07-28-2010 , 11:25 AM
Believe me there Stars and Tilt will find a loophole in this bill to keep their operations moving.
HR 2267 Markup (Passed 41-22-1) Quote
07-28-2010 , 11:25 AM
Quote:
Originally Posted by ivey10k
To no longer be foreign...They may simply need to be incorporated in the U.S...We have not seen any language as of yet pertaining to these foreign operators...

Michael of NJ
I believe the language wasnt based on where the site was located, but whether they have taken bets from US players. At least according to the way Bachus framed it about following the rule of law, etc
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07-28-2010 , 11:26 AM
anyone have a link to this?
HR 2267 Markup (Passed 41-22-1) Quote
07-28-2010 , 11:26 AM
Well, time for me to head home from Louisville. Hope I don't miss too much of this.
HR 2267 Markup (Passed 41-22-1) Quote
07-28-2010 , 11:28 AM
Quote:
Originally Posted by TheEngineer
I think he said he was in general agreement with banning foreign operators that broke U.S. laws. I guess someone will have to prove offering poker violates U.S. law.
Yeah the language is definitely going to matter then. We do not want to lose Stars/Tilt for future Congress unless we can replace the funding.

Should also add, you dont need to prove it in a legal sense most likely. If the licensing board decides it was illegal, Stars/Tilt are out.
HR 2267 Markup (Passed 41-22-1) Quote
07-28-2010 , 11:29 AM
Just woke up. What time will they be back from recess?
HR 2267 Markup (Passed 41-22-1) Quote
07-28-2010 , 11:29 AM
Quote:
Originally Posted by sofocused978
Believe me there Stars and Tilt will find a loophole in this bill to keep their operations moving.
The B&M guys and Party Poker's of the world will be looking for loopholes to keep them out.
HR 2267 Markup (Passed 41-22-1) Quote

      
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