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-   -   Speculation about the long term future (http://archives1.twoplustwo.com/showthread.php?t=224570)

Gunslinger1988 09-30-2006 04:11 AM

Speculation about the long term future
 
In doing a thorough reading of the actual bill, it seems that they may be trying to create a window for US States to individually legalize poker rooms ( page 222). I have been wondering why Frist has been pushing so hard for this bill. I know hw has presidential aspirations, but it seemed like there was more to it than that. If a State was to legalize a poker room and collect ALL revenue, this could be a HUGE moneymaker for that State. Thoughts?

DeNutza 09-30-2006 04:23 AM

Re: Speculation about the long term future
 
Please quote from the bill the parts your referring to
(Im too lazy to find it).

FastForward7 09-30-2006 04:41 AM

Re: Speculation about the long term future
 
[ QUOTE ]
Please quote from the bill the parts your referring to
(Im too lazy to find it).

[/ QUOTE ]

"The bet or wager and the method by which the bet or wager is initiated and recieved or otherwise made is expressly authorized by and placed in accordance with the laws of such State and the State law or regulations"

redbeard 09-30-2006 04:42 AM

Re: Speculation about the long term future
 
that actually looks a little encouraging.

sorry4me 09-30-2006 04:43 AM

Re: Speculation about the long term future
 
That language is in there to protect online purchases of state run lottery tickets. Right?

Gunslinger1988 09-30-2006 05:57 AM

Re: Speculation about the long term future
 
The section of the bill I'm referring to states: Interstate Transactions-- The term "unlawful internet gambling" does not include a bet or wager when the bet or wager is initiated and recived exclusively within a single state.
This is taken from the entire bill http://www.rules.house.gov/109_2nd/t...43_portscr.pdf
I encourage everyone to take the time to read this bill ( pages 213-244 ) . If we are more informed we will be able to have more productive discussions on the future of online poker.

Personally I'm not crazy about the idea of state run poker rooms because the player base will be so much smaller. But it is my opinion that this potential revenue stream is a big part of why Frist pushed so hard for this bill just before his retirement.

redbeard 09-30-2006 06:00 AM

Re: Speculation about the long term future
 
how about a powerball type conglomoration of players from various states. lets say california, new york, texas, and florida got together and all had skins that would be a rather large pool i suppose.

Gunslinger1988 09-30-2006 06:08 AM

Re: Speculation about the long term future
 
Nice Idea

Muad'Dib83 09-30-2006 08:00 AM

Re: Speculation about the long term future
 
Hum if this would be possible, lets say the poker rooms in several states and they join together somehow like you said. Would it be possible for people outside of US to join and play there or not?


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