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Well, they can clarify only what the Banks have to watch for, but could indicate, perhaps, the scope of the legislation ... i.e is poker exempted by some discussion or definition of skill games ?
If you think I have been critical of the PPA for ignoring the regulatory process, the above is why, in a nutshell.
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I can tell you the PPA is lobbying the reg's and the PPA is (now) aware of the 'skill' games.
They were surprised a month ago to learn about 'skill' games as they had never heard of them........
As to the reg's, the following is part of their problem:
Exerted from a report to congress - "The act generally
defines “unlawful Internet gambling” as
transmitting a bet by any means that
involves the use, at least in part, of the
Internet and where such bet or wager is
unlawful under any applicable federal or
state law in the state or tribal lands in
which the bet or wager is initiated, received,
or otherwise made.(page 147)"
Since only 7 states have specific laws and 4 ambigious ones addressing Internet Wagering, there is a problem here.
I think the reg's will be generic since the UIGEA is in the face of things, generic, I.E. it does not specifically define illegal as well, nor does it distinguish between 'skill' and non-skill, neither will the reg's.
The report:
http://www.federalreserve.gov/boardd...06/pdf/fro.pdf
obg