Can we draw anything from the DN signing?

[TreyWilly]

I'm wondering if Poker Stars' recent acquisition of Daniel Negreanu on Monday (sounds like a sports transaction) suggests anything about the current legal environment.

This question operates on a number of assumptions, so forgive me:

1. Stars made a significant financial commitment to obtain DN's poker site and its players.

2. Stars is paying DN a great deal of money.

3. Stars' campaign is designed to counteract the pro-driven advertising of Full Tilt, which markets heavily in the United States.

4. This campaign is geared toward bringing in new players to Stars from the United States.

5. The impact in Canada is an intentional but secondary objective.

6. Stars would not make this play unless it was sure DN's presence would make a profitable difference despite recent legislation.

Can we draw anything from this, or am I overreaching?

[sapol]

I'd say that PS is probably very sure that of the future of online gambling to make a commitment like this. However, I remember them sending emails to many players asking some questions regarding DN.

[Ron Burgundy]

I don't think there's anything to read into about what they know or predict in terms of the legal environment. FCP was a pretty crappy poker site doomed from the start. Stars saw an opportunity to sign the arguably most popular poker player in the world, and they pounced on it.

[1meandog4u]

[ QUOTE ]
..... Stars saw an opportunity to sign the arguably most popular poker player in the world, and they pounced on it.

[/ QUOTE ]

I disagree, they never contacted me!! My voice mail was not working and they opted for DN as my backup.

[TreyWilly]

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WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

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My cat's name is Wally. From the day we had him neutered, we've called him Walls Balls.

Normally, I wouldn't think he would get himself a 2+2 account and respond to my posts, but after seeing the Sopranos finale, I'm not so sure.

I can only imagine how MicroBob feels right now.

[PokeReader]

Pary stock, not quite beaten down enough, but starting to get there. Neteller, no way baby.

[AP0CALYP5E]

[ QUOTE ]
[ QUOTE ]
Pary stock, not quite beaten down enough, but starting to get there. Neteller, no way baby.

[/ QUOTE ]

if the US allows onling gambling again, and Neteller and Party re-enter the market...those two stocks are going to F L Y

[/ QUOTE ]

If legalized/regulated, the need for 3rd party payment processors could become obsolete, as players can go back to using their debit/credit cards.

I'd say yes to Party stock, but hell no to Neteller stock.

[ThunderEagle]

[ QUOTE ]

If legalized/regulated, the need for 3rd party payment processors could become obsolete, as players can go back to using their debit/credit cards.

I'd say yes to Party stock, but hell no to Neteller stock.

[/ QUOTE ]

I think PayPal becomes a pretty big player if it is fully legalized/regulated in the US as well.

[Legislurker]

I wouldn't mind Paypal, as long as the sites eat all the fees, and now that ebay owns them, no more shenanigans freezing money at will at random. I think one problem with Paypal is that it will be by far the easiest for minors to use to gamble. So many ways to slip money into Paypal, and too many legacy accounts floating around. I don't think Paypal can add the oversight, do a backcheck, and monitor gaming use, while still holding fees for gaming in a competitive range.

[oldbookguy]

LOL, Paypal is CURRENTLY funding online gaming, 'SKILL' games at Worldwinner.com a company based in Newton, Mass and Paypal U.K. funds poker in the E.U. already.

BTW, www.worldwinner.com (http://www.worldwinner.com) offers via AOL solitaire, free cell, spades, hearts, backgammon, CHILDREN'S video games and more, ALL for cash competitions.

Check it out.

Part of the underlying basis in the IMEGA lawsuit.

obg


[ QUOTE ]
I wouldn't mind Paypal, as long as the sites eat all the fees, and now that ebay owns them, no more shenanigans freezing money at will at random. I think one problem with Paypal is that it will be by far the easiest for minors to use to gamble. So many ways to slip money into Paypal, and too many legacy accounts floating around. I don't think Paypal can add the oversight, do a backcheck, and monitor gaming use, while still holding fees for gaming in a competitive range.

[/ QUOTE ]

[Legislurker]

But it would take a massive effort to come into line with the regulations IF there was a domestic market with heavy regs for the financial intermediaries. I guess I have a prejudiced view of Paypal, so it colours my opinion of them. I doubt they will offer a competitive product for the savvy gambler regardless. Fat fees for their brand power and fish pool.

[oldbookguy]

That's the point in my post above, tregs, they ARE in place and being followed already in online gaming in the U.S.

The question is WHY are we poker players being slighted while Solitaire is not and is allowed as a CASH game?

obg


[ QUOTE ]
But it would take a massive effort to come into line with the regulations IF there was a domestic market with heavy regs for the financial intermediaries. I guess I have a prejudiced view of Paypal, so it colours my opinion of them. I doubt they will offer a competitive product for the savvy gambler regardless. Fat fees for their brand power and fish pool.

[/ QUOTE ]

[MiltonFriedman]

Points 1 - 6 are dead on accurate, although the number of players in #1 is minimal.

However, they are not tied to nor support any valid inference about the Regulations-to-be.

Sorry, you're overreaching. (Wish you were not.)

[Backspin20]

shut up suit! let the creative people talk

[TreyWilly]

[ QUOTE ]
shut up suit! let the creative people talk

[/ QUOTE ]

We get it. You guys watch Entourage.

[Richas]

[ QUOTE ]
If legalized/regulated, the need for 3rd party payment processors could become obsolete, as players can go back to using their debit/credit cards.

[/ QUOTE ]

For many maybe but I stil think they have a role for bankroll management and for non US players - they let us avoid foreign currency transaction costs.

I suspect Neteller et al would develop more towards being banks themselves.

PS You may not be married but avoiding the Mrs knowing the roll fuctuations is worth earning a bit less (or no) interest /images/graemlins/smirk.gif

[ThunderEagle]

[ QUOTE ]
You may not be married but avoiding the Mrs knowing the roll fuctuations is worth earning a bit less (or no) interest /images/graemlins/smirk.gif

[/ QUOTE ]

QFT

And not just fluctuations, but being able to purchase things without the money going back through the bank account has some value too.

[Artsemis]

[ QUOTE ]
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WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

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My cat's name is Wally. From the day we had him neutered, we've called him Walls Balls.

Normally, I wouldn't think he would get himself a 2+2 account and respond to my posts, but after seeing the Sopranos finale, I'm not so sure.

I can only imagine how MicroBob feels right now.

[/ QUOTE ]

MY NAME IS NOT WALLS BALLS. IT IS WALLY BALLS. SEE THE Y??? DO YOU SEE IT???

I DIRECT PORN. I AM NOT A CAT.

[/ QUOTE ]

Hay Walls Balls, I played with you yesterday.

[jimmytrick]

You can't draw anything from this because Daniel's appeal is worldwide.