Re: PPA Statement
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If poker gets an exemption like horse betting, we're fine.
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Horse racing is legal in and regulated by several States (and has some Federal rules to follow). Since it is legal, the UIGEA never applied. There is no exemption.
Online poker is not lawful and regulated in any State. The exemption would have to say "UIGEA covers all unlawful Internet gambling except unlawful Internet poker". Or would it say the US government declares poker to be lawful?
I need to hear more about this poker exemption that somehow will be an "exemption like horse betting". Explain to me how it will work and what it will say, so I see the light.
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