Useless predictions

[spatne]

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The London Times is part of the left wing media like the NY Times. I trust the smaller, obscure media sources, Fox News, Drudge Report etc. much more than a mainstream media source.

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How did you fit so much wrong into two sentences?

[suzzer99]

As by far the simplest solution--major US banks will pre-emptively will ban all transactions with Neteller, Firepay, and any others they deem to be "obviously deriving the majority of their cash flow from online gambling sites" or some such verbiage.

This will happen sooner rather than later. And then the cat and mouse game will be on. Here's hoping the poker sites immediately pull out a quick, effective workaround like they did with the .net/.com thing.

[JPFisher55]

"As by far the simplest solution--major US banks will pre-emptively will ban EFT payments to Neteller, Firepay, and any others they deem to be "obviously deriving the majority of their cash flow from online gambling sites" or some such verbiage."
But the EFT is not with Neteller or Firepay but with their foreign bank. EFT's from foreign banks cannot be banned just because they do business with these two companies. Also, what about the rights of those persons using Neteller or Firepay to buy books.

[suzzer99]

Well if there's really no way to tell a transaction came through Neteller, that's a very very good thing. I am not an expert in this area.

But as far as the rights of people buying books, banks have a right to do business the way they want and refuse service to anyone. AFAIK there's nothing in the bill or rights regarding the right to use any financial instition you want to transfer funds to and from your primary financial institution.

[Poker_Hoar]

Nate,
100% Party Makes a move to restrict, block, US customers TODAY.

[cowboy.up]

I apologize if this has been mentioned elsewhere, but I think that the US government is pulling a one over on the IG industry:

This legislation will most likely tank (at least temporarily) most of the publicly traded gaming venues stock. In turn the Vegas based casinos will initiate a hostile takeover of PartyGaming, 888 etc. Once aquired at a cheap price, and before the US enacts any legislation to scare off the fish, the US will promptly repeal the IGaming bill. Now Vegas based casinos will own and operate some of the largest online gaming sites in the world and give the appropriate shares to the government, making them happy. I will not be happy since gambling income will now be taxed at a rate of 110%.

And who said Frist was a nazi?

[schroedy]

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And who said Frist was a nazi?

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I didn't but I wish I had.

[registrar]

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The London Times is part of the left wing media like the NY Times. I trust the smaller, obscure media sources, Fox News, Drudge Report etc. much more than a mainstream media source. Too many mainstream sources have been caught making up facts and stories.
Also, I'll believe that these poker websites are going to voluntarily abandon 50-75% of their business. Doing so ruins their market value, leaves their business future and profitability in doubt and may leave their top executives subject to litigation. I think that they will ignore or fight this law.

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LOL. The Times is a right wing paper, owned by Rupert Murdoch, who also runs the Fox media empire. The Financial Times is different and, I would suggest, entirely reliable in matters of business.

[advilandy]

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While in medical school, Frist obtained cats from animal shelters, under pretense of adoption as pets, for school research experiments in which he killed the animals. In a 1989 autobiography, Frist described how he "spent days and nights on end in the lab, taking the hearts out of cats, dissecting each heart." After some time, Frist said "[i] lost my supply of cats," so he chose to deceive animal shelters, an act which he described as "heinous and dishonest." He attributed his behavior to the pressures of school. The incident sparked controversy after a 2002 Boston Globe story repeated the account.

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That's from wikipedia...I guess he's an all around classy guy. Also, I have been looking everywhere for any casino investments he might have that could explain this whole hostile takeover theory, but I haven't found any yet.

[cakewalk]

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Those of us with a conspiratorial bent believe this was behind the B&M's "wait until the 11th hour, then waffle" strategy. Those with a more direct familiarity with incompetence feel there is a simpler explanation.

Edit: Surely, the US B&M's would love fully legal i-gaming, and would really, really love legalized i-gaming protected from foreign competition. In the short-term, it looks like an uphill battle from here, even for such a deep-pocketed industry.

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do you really think that B&M casinos haven't benefited exponentially due to the recent boom in online poker ?