Re: PPA has released its UIGEA regulations comment talking points
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I am in the minority on the definition issue. If the regulators did define online poker to be UIG, then an Action for Declaratory Judgment would be easier to bring because standing and ripeness issues would not exist. In addition, this definition is contrary to established federal case law.
The vague definition may cause banks to overblock and make such litigation more difficult to bring in federal court.
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What are the standing and ripeness issues to which you refer? Why is, "I play poker for a living, I tried to transfer money to an online poker site, it was blocked" not sufficient to satisfy standing and ripeness? Any online site as a plaintiff could satisfy them now as well.
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