Re: how long before PS UB and FT drop?
[ QUOTE ]
Oliver,
I completely agree. I think the fight to save poker as we know it is a waste of time. The fight should be for US Gov sanctioned sites, even if that means full disclosure, 1099s, etc. That's the only long term possibility. Let's just get on with it.
[/ QUOTE ]
With the way the UIGEA is worded, the gaming commission or lottery authority of each U.S. STATE can legally start up its own online poker site that is limited to state residents ONLY.
I would not be surprised if the likes of Progressive Gaming (PGIC for you NASDAQ home gamers) is pitching its software to each of 40+ lottery commissions around the U.S.
As for Nevada: I do know that Stations Casinos has applied for an intrastate online gaming license with the Nevada Gaming Commission for online sports betting. One should not be surprised to see other casinos in Nevada applying to launch intrastate online gaming sites, including online poker, in the next 24-36 months.
The future of online poker, even in the U.S., will likely be government-owned or government-licensed sites serving each state. The potential licensees will also have to be SQUEEKY CLEAN if they want a shot at getting the licenses.
|