Re: So much for Barney Frank
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We have debated the overall legal status of online poker a dozen times. So this point is limited to just this issue: suppose Frank's new law dissappoints us and merely says Banks are exempt from prosecution if their customers use their credit cards for gaming and banks do not have to monitor such transactions....
This may not bring Party back in to the market, but in a heart beat a 1/2 dozen credit cards will be offered that you can use "anywhere hint, hint" and the loss of neteller at sites still taking US players will be forgotten.
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This would be a good place to start and stop the bleeding for now. I agree that there would be new funding sources popping up soon after. That is a good thing.
I couldn't see getting a UIGEA repeal right now, anyway. Don't be fooled and too disappointed in Barney. He does not like this law, but he's not a fool and knows repeal would be near impossible. He also knows that having banking/credit cards available for onling gaming is still a victory, albeit a smaller one.
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