[NY60]

BRAVO - VOX: you hit the nail on the head.

Just as the nation's banks are awaiting the federal government to create "REGULATIONS" interpreting the recently enacted "LAW" banning internet gambling...so too will the pari-mutuels have to await the Florida Department of Business and Professional Regulations (DBPR)- Division of Pari Mutuel wagering to create "REGULATIONS" interpreting the "LAW" created by the Florida State Legislature in question.

Everyone seems to think that all is over and that the pari-mutuels can do whatever they like until the State Legislature meets again in its next session....NOT TRUE...not even close.

Remember the DBPR is an administrative agency which is an extension of the EXECUTIVE BRANCH controlled by the Governor through political appointments. So, although the State Legislature might want more gambling, the enforcement of the "LAW" through enactment of "REGULATIONS" by the Executive Branch can still act as a strong impediment.

The most obvious example is the "REGULATIONS" dealing with the current state of the existing tournaments. Although these "REGULATIONS" were successfully challenged...we had to await until they were actually created to begin with.

In short (again how funny is that), no one is going to want to rock the boat until the DBPR enacts its "REGULATIONS". I covered this in my most recent post where I posted the response from the poker manager from one of the pari-mutuels in Broward county wherein he stated that he will not spread a 3/6 game because they do not want to rock the boat until the "REGULATIONS" are written.

Also, this is a semi-negotiating process between the pari-mutuels and the DBPR so that litigation can be avoided so we will have to await the political process to play out.

In the meantime, lets get some $1 - $5 spread limit games going and some NL $100 max buy-in so we can all make some money while this plays out.