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Old 11-15-2007, 02:28 PM
DeadMoneyDad DeadMoneyDad is offline
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Join Date: Jul 2007
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Default Re: November 14th: House Judiciary Committee Hearing Thread

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I would like to see the Wexler bill pass. However, I wonder if it would help us transfer money between online poker sites and our bank accounts. Currently, we have one ewallet Epassporte open to the US and it serves a minority of poker sites open to US.
So if online poker is exempted from UIGEA and the Wire Act, would online gambling sites separate their poker sites from the rest of their gambling services so that Epassporte would service them. How many ewallets would service only online poker sites? I fear that to get back a Neteller type company that serves all online poker sites, we need legalization of all online gambling.
Also, Skall, I think that Jay is right about the WTO stance on gambling. I do not think that the WTO will accept separation of poker from gambling. I suspect that they would include betting on backgammon, bridge and chess, which the DOJ strangely (given Ms. Hanaway's testimony) does not prosecute, as gambling under the WTO.

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I hate to suggest it but we're stuck with some form of 5% to deposit.

In the end it is easy money the on-line poker market has show it is willing to pay. I don't know how well the other on-line skill games would accept it but any bank and the gov't under this outline would have to be pretty uniform.

I'd forsee ATM type fees for banks, little or no credit cards, and the rest going to a stealth tax to oversee on-line gaming and ship a few bucks to the people really willing to treat problem gamblers as more than a political tool.


D$D
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