Quote:
Originally Posted by LetsGambool
1) Yes, as currently stands, for depositing on an unlicensed operator. For licensed operators, there is a tax on deposits payable by the site.
2) Much depend on if Stars/FT can get licensed. That is an open question. If they cant, there is a good chance they leave the US market
3) In licensed states, most likely.
Pros and cons are too complicated to address.
LG:
TE, PX, and Skall have stated explicitly (or implied) that I'm clueless with my half-baked "conspiracy theory" since both Stars and Full Tilt are urging their players to support the PPA and the passage of Barney Frank's HR 2267. Considering HR 2267's rather harsh sanctions against "illegal operators" - along with amendments expressly stating that [present] "offshore operators" should not be granted a license to operate in the U.S. market - one might wonder why Stars and Full Tilt would be supporting a bill that is a loaded gun aimed right at their heads?
One can never know what is going on behind the scenes, but it wouldn't surprise me if Stars and Full Tilt have already made secret deals with MGM/Mirage and another soon-to-be-legal U.S. land-based operator to provide the software and back room services once these "new" sites are licensed. (I think Harrah's will contract with [or buy] Party Gaming for obvious reasons.) For players the brand name on the table will be "Harrah's" or "MGM/Mirage," but the software will be the same client software that is currently running on the Stars and Full Tilt web sites.
The current owners of Stars and Full Tilt would go with such an arrangement since they would still be making money for providing their "service" [to the licensed and legal operators] plus they avoid continuing legal hassles from the U.S. government. All of this is pure speculation on my part, but it's the only plausible explanation for why Stars and Full Tilt would urge their U.S. players to support legislation that is obstensively aimed at excluding them from the American market. Put another way, if HR 2267 really was a knife aimed at Stars and Full Tilt's throats, I don't think they would be encouraging their U.S. customers to support its passage.
How else does one explain Stars and Full Tilt's support for a bill that seems so squarely aimed against them?
Former DJ