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Search: Posts Made By: westmt01
Forum: Internet Gambling 10-14-2006, 03:17 AM
Replies: 40
Views: 497
Posted By westmt01
Re: For You Canadians: Are we next?

[ QUOTE ]
Is this just bad timing? Or is Stephen Harper getting ready to get into bed with Bush?

[/ QUOTE ]

Getting ready to? I thought they were both lying back smoking cigarettes by now.
Forum: Poker Legislation 10-14-2006, 03:13 AM
Replies: 10
Views: 156
Posted By westmt01
Re: If I had the money...

Gotcha.

I missed it. Hey, it's late at night, give me a break!
Forum: Poker Legislation 10-14-2006, 03:03 AM
Replies: 10
Views: 156
Posted By westmt01
Re: If I had the money...

[ QUOTE ]
If I had the money I would start a bank for US poker players that would ignore the anti-gambling act.

[/ QUOTE ]

Good thing you don't have the money. Unless you WANT to spend time...
Forum: Poker Legislation 10-14-2006, 02:58 AM
Replies: 5
Views: 116
Posted By westmt01
Re: valid question about banking

No. Enforcement mechanisms will be electronic, thus the size of the bank will not matter.

If anything, I've found that smaller banks are more sensitive to compliance issues in general. Fines for...
Forum: Poker Legislation 10-14-2006, 01:11 AM
Replies: 24
Views: 216
Posted By westmt01
Re: Betholdem won\'t give back your money

Lose SOME customers? That's like saying e-coli will cause SOME people to stop eating spinach.
Forum: Poker Legislation 10-14-2006, 01:09 AM
Replies: 24
Views: 216
Posted By westmt01
Re: Betholdem won\'t give back your money

How is me shattering every bone in my hand going to make me feel better?
Forum: Poker Legislation 10-14-2006, 12:36 AM
Replies: 24
Views: 216
Posted By westmt01
Re: Betholdem won\'t give back your money

I'm an equity analyst, and I can tell you if any fund manager (i.e. mutual fund, hedge fund, private MM, etc.) had a proviso in his/her investment policy stating they could not invest in companies...
Forum: Poker Legislation 10-02-2006, 10:36 PM
Replies: 6
Views: 124
Posted By westmt01
Re: true poker ceo quote

He won't get extradited. He just better not change planes at a U.S. airport anytime in the near future.

I agree I think he's wrong. I hope I'M wrong, but so far I can't see that I am.
Forum: Poker Legislation 10-02-2006, 01:44 PM
Replies: 32
Views: 317
Posted By westmt01
Re: Crucial Bump

I doubt it would work too, but there's a crucial differnce: casino chips, whether physical or virtual, have a discernable cash value. They are, in effect, as good as cash (as long as the issuer...
Forum: Poker Legislation 10-02-2006, 01:33 PM
Replies: 19
Views: 231
Posted By westmt01
Re: Just don\'t cashout from Neteller

That's a great idea if you have a non-U.S. based bank account.
Forum: Poker Legislation 10-02-2006, 01:18 PM
Replies: 148
Views: 1,135
Posted By westmt01
Re: TruePoker will continue to welcome U.S players

Have your lawyers reached the same conclusion? Because I doubt very strongly the Dept. of Justice will agree with you.

Hey, more power to you, but I don't think Congress or the DOJ are willing to...
Forum: Poker Legislation 10-02-2006, 01:10 PM
Replies: 68
Views: 580
Posted By westmt01
Re: why was this law passed?

Yes, the government is right about the wasted brainpower: I was going to discover a cure for cancer today but decided to play in a $5 tournament instead!

Seriously, I agree with you that internet...
Forum: Poker Legislation 10-02-2006, 01:02 PM
Replies: 68
Views: 580
Posted By westmt01
Re: why was this law passed?

This sounds very plausible. I still think Internet gambling will get regulated rather than squashed at some point. Yet more political dancing and wrangling needs to take place first.
Forum: Poker Legislation 10-02-2006, 12:54 PM
Replies: 19
Views: 231
Posted By westmt01
Re: Just don\'t cashout from Neteller

Could you point out the specific clause that says this? Every article I've read (from reputable sources such as Reuters and AP) say just the opposite - that banks will be prohibited from engaging in...
Forum: Poker Legislation 10-02-2006, 12:28 PM
Replies: 32
Views: 317
Posted By westmt01
Re: Pachinko - the model of online poker\'s future!

Forget the Vienna Sausages (great post, though!) - just have every site use "play money", and have other completely unaffiliated sites (wink, wink) that buy your play money from you for cash. The...
Forum: Poker Legislation 10-02-2006, 12:22 PM
Replies: 68
Views: 580
Posted By westmt01
Re: why was this law passed?

You used the key word: "State". The government gets a piece of all those activities. Of course if Congress had been smart enough to regulate online gambling instead of trying to squash it, the...
Forum: Poker Legislation 10-02-2006, 12:14 PM
Replies: 5
Views: 118
Posted By westmt01
Re: Would this work?

You're 100% right. This is exactly why the new law is a big deal. There may be loopholes and bizarre ways of getting around the new restrictions, but fish aren't going to take the time to deal with...
Forum: Poker Legislation 10-02-2006, 12:08 PM
Replies: 21
Views: 259
Posted By westmt01
Re: PPA: GET ON THE HORN WITH THE US B&Ms ASAP

Yes, I think it was, "bad enough I have this arrow sticking through my chest, but now I can't play Internet poker?!?"
Forum: Poker Legislation 10-02-2006, 11:52 AM
Replies: 3
Views: 95
Posted By westmt01
Re: Will Canada Follow Suit?

OK Gordon Gekko!

But yeah, I agree with you. I don't see this happening in Canada at all. Harper has more important matters on his plate.
Forum: Poker Legislation 10-02-2006, 11:46 AM
Replies: 68
Views: 580
Posted By westmt01
Re: why was this law passed?

If the medterm elections were not a month away, and if the Republican party was not in danger of losing control of one or both chambers of Congress, this bill never gets ram-rodded through so...
Forum: Politics 10-02-2006, 10:33 AM
Replies: 44
Views: 728
Posted By westmt01
Re: are online poker players enough to tip the election

That about sums up why the Republican party felt comfortable ramming this through Congress so quickly.
Forum: Poker Legislation 10-02-2006, 10:10 AM
Replies: 21
Views: 259
Posted By westmt01
Re: PPA: GET ON THE HORN WITH THE US B&Ms ASAP

I think it's way too early to know what impact this is going to have on the poker industry as a whole, but I doubt the B&Ms are drooling right now. Before the poker craze, B&M poker rooms weren't...
Forum: Poker Legislation 10-02-2006, 09:03 AM
Replies: 148
Views: 1,135
Posted By westmt01
Re: TruePoker will continue to welcome U.S players

Wow, you guys are brave. I hope you're not planning to travel to the U.S. any time soon. I have a feeling the Justice Department is going to interpret the new law just a little bit differently than...
Forum: Internet Gambling 05-05-2006, 08:09 AM
Replies: 30
Views: 320
Posted By westmt01
Re: Neteller Fraud

I had the same thing happen to me on Monday. Somebody completely cleaned out my bank account by making withdrawals through Neteller. The money went to 24hr Poker, which I've never played at nor...
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