Update Friday, September 29th

[Wynton]

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Guys, I remember when legislation was passed regarding LBP in federally funded housing, it took years before it had any practical effect. Remain composed.

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If the bill actually mirrors the one the House passed, do not assume that nothing will go into effect quickly. It's true the statute had some provisions about regulation being promulgated within a certain time period, 270 days I think. But some things - like the increased penalties to the cardroom operators - likely take effect almost immediately. And whenever all the provisions are meant to apply, the parties affected might decide to alter their behavior in advance.