Author

Topic: Are bitcoin poker rooms screwed now that it looks like America will let it's (Read 1713 times)

legendary
Activity: 1246
Merit: 1016
Strength in numbers
Quote
According to one of the most respected gaming reporters in the business, federal legislation that would regulate and legalize the online poker industry in the United States is more than likely shut down until 2013 at the earliest.

On his Twitter account Friday afternoon, Las Vegas Review-Journal reporter Howard Stutz chirped to his readers, “One Wall Street analyst opinion: Internet poker legalization not being attached to the payroll tax bill means the issue is dead for 2012.” Stutz was discussing the recent legislation in Congress regarding the Payroll Tax Extension bill, which many had rumored could potentially feature online poker regulations as a “rider” in much the same manner as the original Unlawful Internet Gaming Enforcement Act (UIGEA) was passed in 2006. However, expectations of that rider were tamped down earlier in the week.
Federal Online Poker Legislation Likely Shut Down Until 2013
http://www.pokernewsdaily.com/federal-online-poker-legislation-likely-shut-down-until-2013-21211/

Why can't they just leave poker players alone?

Jesus is starting to sound prescient. Let them have their money, we'll use ours.
hero member
Activity: 2086
Merit: 501
★Bitvest.io★ Play Plinko or Invest!
Quote
According to one of the most respected gaming reporters in the business, federal legislation that would regulate and legalize the online poker industry in the United States is more than likely shut down until 2013 at the earliest.

On his Twitter account Friday afternoon, Las Vegas Review-Journal reporter Howard Stutz chirped to his readers, “One Wall Street analyst opinion: Internet poker legalization not being attached to the payroll tax bill means the issue is dead for 2012.” Stutz was discussing the recent legislation in Congress regarding the Payroll Tax Extension bill, which many had rumored could potentially feature online poker regulations as a “rider” in much the same manner as the original Unlawful Internet Gaming Enforcement Act (UIGEA) was passed in 2006. However, expectations of that rider were tamped down earlier in the week.
Federal Online Poker Legislation Likely Shut Down Until 2013
http://www.pokernewsdaily.com/federal-online-poker-legislation-likely-shut-down-until-2013-21211/

Why can't they just leave poker players alone?
full member
Activity: 196
Merit: 100
Web Dev, Db Admin, Computer Technician
Quote
According to one of the most respected gaming reporters in the business, federal legislation that would regulate and legalize the online poker industry in the United States is more than likely shut down until 2013 at the earliest.

On his Twitter account Friday afternoon, Las Vegas Review-Journal reporter Howard Stutz chirped to his readers, “One Wall Street analyst opinion: Internet poker legalization not being attached to the payroll tax bill means the issue is dead for 2012.” Stutz was discussing the recent legislation in Congress regarding the Payroll Tax Extension bill, which many had rumored could potentially feature online poker regulations as a “rider” in much the same manner as the original Unlawful Internet Gaming Enforcement Act (UIGEA) was passed in 2006. However, expectations of that rider were tamped down earlier in the week.
Federal Online Poker Legislation Likely Shut Down Until 2013
http://www.pokernewsdaily.com/federal-online-poker-legislation-likely-shut-down-until-2013-21211/
newbie
Activity: 45
Merit: 0
IMO there will always be advantages.  At least, it doesn't start and stop at fullblown prohibition.  Even if they legalize it (and regulate it), that's different than having a truly free market, and whatever they do to interfere represents an advantage to be gained by circumventing them.  The smart money probably always prefers a poker site that allows you to be anonymous, uses a peer-to-peer currency, and isn't in bed with the tax system. 

Ya, it would seem easier to gain traction if people weren't allowed back in to conventional poker sites.  But that just has to do with herd mentality and how new Bitcoin is.  The advantage is still there, it just might be less obvious to most people.

BTW, did something happen recently with poker and the law?  I don't really follow it that closely, I just wait for the updates.
donator
Activity: 1218
Merit: 1079
Gerald Davis
A bit-trillion times.

Still trying it w/ drugs, prostitution, gay marriage, etc.
full member
Activity: 128
Merit: 100
slaves citizens play on-line poker again?

Also - how many times does America need to learn the prohibition lesson?

Jump to: