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Old 11-13-2007, 11:19 AM
DeadMoneyDad DeadMoneyDad is offline
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Join Date: Jul 2007
Posts: 814
Default Re: Which Groups *DO NOT* Deserve a Seat on the PPA Board?

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You seem to have confused the regulation of competing private enterprises with a state run monopoly.

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Perhaps. Perhaps it is simply my pessimism or scarcasm showing itself.

Given that Congress in general and your average Congressperson has much more understanding of monopolies than sucessfully run private business experience I have little faith in Congress to do the right thing by on-line poker.

I agree that there is enough profits in the economics of on-line poker even without any expansion to provide a good deal of new revenue and capture a wealth of uncaptured existing revenue for a sensible regulatory model to exist.

But having been on the Hill on this issue I've seen a few greedy $$ in the eyes of some on this issue, enough for some concern IMO.

On-line poker would not be the first golden goose nor cow that was killed from over production by over regualtion.


D$D
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