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#1
10-01-2006, 04:47 AM
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Re: industry giants say, \"Not so fast\"
[ QUOTE ]
Any thought as to why Harrah's and MGM did absolutley nothing to stop this legislation? Could they have wanted it, so they can come in and start their own US based sites. Once, they mobilize their huge Lobby's, is it possible they can get Online Poker regulated? Seriously, Harry Reid could have put a hold on this bill but chose not to. Whose to say that after they initially outlaw online poker, the US based companies fund studies. Those studies say the Gov't could make an assload if it was properly regulated, obviously this would be a given. Then Harrah's, MGM etc. get it regulated. Finally, with their deep pockets they can go ahead an eventually buy up Party or Poker Stars. Then we are basically where we are today, sans prohibition ............. anyway just an out of the box thought. [/ QUOTE ] This wouldn't surprise me in the least. It's the next 3-5 years that will suck though. 
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#3
10-01-2006, 05:49 AM
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Re: industry giants say, \"Not so fast\"
why can we play on WSEX but not other sites if the only thing that was banned was the depositing of money into an online gambling site? Playing online isnt illegal nor is withdrawing. Are people still allowed to bet on sports and horse racing online just not poker? I wasn't sure about this part and if its true they will have no way of enforcing this.
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#4
10-01-2006, 10:23 AM
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Re: industry giants say, \"Not so fast\"
I suspect that the major sites will claim:
1) Because of the carve outs for US-based businesses (for horseracing, fantasy sports leagues), the new law will violate WTO agreements by discriminating against foreign-based businesses. They will claim that the US-based businesses are essentially in the same sector (i.e. internet gaming) and, as such, competitors. 2) Therefore, they are not going to cut off US players until a WTO tribunal rules on the matter.
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#5
10-01-2006, 10:46 AM
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Re: industry giants say, \"Not so fast\"
[ QUOTE ]
I suspect that the major sites will claim: 1) Because of the carve outs for US-based businesses (for horseracing, fantasy sports leagues), the new law will violate WTO agreements by discriminating against foreign-based businesses. They will claim that the US-based businesses are essentially in the same sector (i.e. internet gaming) and, as such, competitors. 2) Therefore, they are not going to cut off US players until a WTO tribunal rules on the matter. [/ QUOTE ] Nice try but companies don't file WTO claims, countries do. This route smells like another Antigua WTO action at best, I don't see Blair filing a UK WTO claim against Georgy Boy. I like where your heart is on this one tho bro.
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#6
10-01-2006, 12:53 PM
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Re: industry giants say, \"Not so fast\"
[ QUOTE ]
Nice try but companies don't file WTO claims, countries do. This route smells like another Antigua WTO action at best, I don't see Blair filing a UK WTO claim against Georgy Boy. I like where your heart is on this one tho bro. [/ QUOTE ] Blair will be leaving office soon. I expect someone much more anti-Bush to be put in power
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#7
10-01-2006, 12:56 PM
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Re: industry giants say, \"Not so fast\"
[ QUOTE ]
[ QUOTE ] Nice try but companies don't file WTO claims, countries do. This route smells like another Antigua WTO action at best, I don't see Blair filing a UK WTO claim against Georgy Boy. I like where your heart is on this one tho bro. [/ QUOTE ] Blair will be leaving office soon. I expect someone much more anti-Bush to be put in power [/ QUOTE ] It doesnt matter who is in power. Either the tax revenues on profits from US players justifies the effort to keep the US market in the game (and all of the ramifications under the WTO and other trad treaties) or it doesnt.
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#8
10-01-2006, 08:33 PM
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Re: industry giants say, \"Not so fast\"
[ QUOTE ]
Lets wait and see what happens on monday, it can only be good news. [/ QUOTE ] Yeah, I'm sure it will be great news. LOL Man, the level of denial on here is really astounding.
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#9
10-01-2006, 09:05 PM
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Re: industry giants say, \"Not so fast\"
[ QUOTE ]
[ QUOTE ] Lets wait and see what happens on monday, it can only be good news. [/ QUOTE ] Yeah, I'm sure it will be great news. LOL Man, the level of denial on here is really astounding. [/ QUOTE ] No kidding, and I wish people would just stop it already. The posted picture of Chicken Little in another thread and other such responses border on the asinine.
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#10
10-01-2006, 09:22 PM
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Re: industry giants say, \"Not so fast\"
Guys lets just stay level headed for another 12 hours ok? I don't think that a large amount of optimism is warranted, but a doomsday approach isn't either. What we need to do right now is find out as many facts as we can and choose the best course of action. Speculating one way or the other is just going to create paranoia or a false sense of hope which will probably be detrimental to the cause. Just relax and let's see what happens tomorrow.
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