[tangled]

Mmmm…

Party is a major sponsor of the WSOP and they are moving towards a legal clean slate.

Harrah’s, the owner of the WSOP, is moving towards online gaming capability.

These two companies have a cozy business relationship and a common goal: to legally offer online gaming in the US.

Perhaps the plan is to launch a two-pronged attack on Washington with Party, through the cover of the PPA, and Harrah’s working symbiotically to achieve their common goal. A major carrot in this assault (besides massive campaign contributions) might be the offer of massive taxation which would be absorbed by ridiculous rakes. We know Party already makes their appeal to fish, and fish don’t care about rake.

The stick might be (idea from Lurker’s post) that Party could be taken private and used in the WTO case, which would increase the headache of idiots like Kyl.

I know I’m not the first person to see this kind of thing happening --if it is happening, but it all does seem to be lining up that way.


The irony of it all is that when the smoke clears it could very well be that Party et al. is able to operate in the US and PS et al. is effectively left out as they are unlikely to receive legal absolution which will kill them in a legal market.

Of course this is all speculation.