TruePoker will continue to welcome U.S players

[TruePoker CEO]

I'll be glad to take another look, Phil.

However, where did you see "facilitate" in this Act ?

... while you are at it, could you also point out where operating a poker site from offshore is illegal under Federal law ? The Wire Act was not amended, why do you think the legality of operating or playing changed within the last three days ?

Finally, why would you steer players to other sites such as Paradise in other posts, but try and trash us here ?

[TruePoker CEO]

That would be great. Thanks.

[TruePoker CEO]

Glad to hear they are stepping up, have they posted that somewhere ?

(They run sportbetting, but maybe they will go for a solely-poker US presence. Although, I understand you think that would be "pure nonsense")

[chrisptp]

I think True Poker has a perfectly reasonable interp of this law, and I'm glad someone is standing up and publicly stating that they intend to test this legislation instead of mutely accepting that 'the end is here.' I bet if conservatives knew everyone was going to roll over so easily, they would have saved themselves some time and just replaced the entire text of the bill with "Boo!".

Like everything Frist writes, this bill is a piece of crap. As i've said time and time again, panic is the worst possible reaction - it gives conservatives everythign they want and relieves them of the need to do any work to get it.

Party has to make some kind of vanilla statement because they have jittery shareholders.

I've dealt personally with the CEO of True in the past and I have no doubts about his intelligence or the competence of the staff working on this issue for them. I'm not sure why anyone is interested in tearing down one of the few positive pieces of news we've heard over the last few days.

I'd like to thank True for a rational, useful contribution to the discussion about this law and what it means for our industry.

Chris

[whangarei]

[ QUOTE ]
Props

[/ QUOTE ]

[AAAA]

i seem to remember that david and mason were closely associated with true poker long ago...they gave lessons and worked with them a lot. i doubt anyone who calls true ceo comments on this board SPAM has much idea of what has happened and why truepoker ceo is welcome on the forum.

[djames]

[ QUOTE ]
... I wish everyone would stop saying that.

We are not going to be breaking any laws.

Additionally, even if we were somehow covered by Section 5362, we just do not see how taking a US player deposit would break any law under any poker business model, provided the player is not banned from playing by State law.

I do not want to be the tallest weed in the garden, but the law is the law and nothing more than it says .... assuming it gets signed before a pocket veto takes effect LOL.

[/ QUOTE ]

You've mentioned a few times that you believe your site will not be breaking any laws. In my read, I don't argue that before any regulations are set forth.

However, you have yet to comment, unless I've missed it, how US players that do play on your site will ever be able to receive their funds. Can you comment on the language in the legislation that does continue to allow US players to withdraw money from gaming sites to US banks (perhaps with quotes)? Many seem to think this will still be legal & easily accomplished, but in my read I don't see why. So while the act of gaming on your site may not be illegal for either the US player or your site, what good is it if the players can't easily withdraw their funds?

Thanks in advance.

[AAAA]

there are certainly reasons to consider that running a poker game for rake is not participating, but even if things had to be developed as membership clubs...there are lots of historical privileges to clubs.

and calling poker gambling has been successfully challenged on several occasions.

[Kneel B4 Zod]

[ QUOTE ]
I think True Poker has a perfectly reasonable interp of this law, and I'm glad someone is standing up and publicly stating that they intend to test this legislation instead of mutely accepting that 'the end is here.' I bet if conservatives knew everyone was going to roll over so easily, they would have saved themselves some time and just replaced the entire text of the bill with "Boo!".

Like everything Frist writes, this bill is a piece of crap. As i've said time and time again, panic is the worst possible reaction - it gives conservatives everythign they want and relieves them of the need to do any work to get it.

Party has to make some kind of vanilla statement because they have jittery shareholders.

I've dealt personally with the CEO of True in the past and I have no doubts about his intelligence or the competence of the staff working on this issue for them. I'm not sure why anyone is interested in tearing down one of the few positive pieces of news we've heard over the last few days.

I'd like to thank True for a rational, useful contribution to the discussion about this law and what it means for our industry.

Chris

[/ QUOTE ]

I have nothing against the site, and I have no reason to root against True Poker. I wish them well.

However, my assumption is that billion dollar companies like Party and Pacific have very qualified, expert lawyers advising them, and clearly they were advised that continuing US play (and I'm sure poker only play) would put them at legal risk. I fail to see how that puts them in a different place than True.

again, if this bold step works for True, then good for him, and I wish him well...I just hope he doesn't end up in jail.

[Utah]

[ QUOTE ]
I have nothing against the site, and I have no reason to root against True Poker. I wish them well.

However, my assumption is that billion dollar companies like Party and Pacific have very qualified, expert lawyers advising them, and clearly they were advised that continuing US play (and I'm sure poker only play) would put them at legal risk. I fail to see how that puts them in a different place than True.

again, if this bold step works for True, then good for him, and I wish him well...I just hope he doesn't end up in jail.

[/ QUOTE ]Small companies are not big companies and they are in far different situations. Additionally, small companies continually kick the crap out of big cautious large companies by being nimble and by taking smart risks.