Re: All regulation is doomed to fail
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Do you honestly think that if the Frank bill passes tomorrow, Full Tilt and Pokerstars will come into line?
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If anything, if 'coming into line' means these poker sites can freely advertise on US mainstream media, it might be reason enough.
At the moment, poker sites have to jump through hoops (loopholes really) in order to advertise in the US. That's why you see all these .NET advertisements from Full Tilt. (as opposed to .COM) None of the ads actually talk about money, playing for real money, bonuses, etc.
If a gambling company, can put an ad during the Superbowl with a clear message saying: "Register with us and we'll give you a $600 bonus", well, that could be huge.
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