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#1
06-09-2007, 05:01 PM
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Video Of Jim McDermott Introducing Internet Gambling Tax Act
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#2
06-09-2007, 05:24 PM
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Re: Video Of Jim McDermott Introducing Internet Gambling Tax Act
I think this is positive, correct?
When the alternatives are UIGEA with no gambling, or IGREA with taxes but more fish and sites, the latter is far preferable.
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#3
06-09-2007, 05:27 PM
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Re: Video Of Jim McDermott Introducing Internet Gambling Tax Act
Actually at this time, MY opinion is NONE is better until we see the rules. Skill card wagering is already regulated (see AOL, MSN & Yahoo!) and there are all the tools they need in place. We should be waiting on the rules and trying to make certain POKER is not slighted by the rules. obg
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#4
06-09-2007, 05:32 PM
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Re: Video Of Jim McDermott Introducing Internet Gambling Tax Act
[ QUOTE ]
Actually at this time, MY opinion is NONE is better until we see the rules. Skill card wagering is already regulated (see AOL, MSN & Yahoo!) and there are all the tools they need in place. We should be waiting on the rules and trying to make certain POKER is not slighted by the rules. obg [/ QUOTE ] I'm not sure if the status quo is better than IGREA poker. Its only going downhill without a big influx of fih.
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#5
06-09-2007, 06:04 PM
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Re: Video Of Jim McDermott Introducing Internet Gambling Tax Act
Ah, but, if the card game of poker receives the same treatment as solitaire, free cell and the others on MSN, AOL and Yahoo! then all sites are open as before. The fishing will be very good. I think your limit will be exceeded daily! obg
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#6
06-09-2007, 06:30 PM
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Re: Video Of Jim McDermott Introducing Internet Gambling Tax Act
The endgame is inevitable here. Their argumets against us are weak, and there is money to be made by the US Government. I am drooling thinking of how much room for growth there is under the authorization of our governmet.
Trump.Com Harrahs.com GooglePoker........oh gawd! There will be games everywhere and fish galore
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#7
06-09-2007, 07:46 PM
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Re: Video Of Jim McDermott Introducing Internet Gambling Tax Act
I think you are missing my point, perhaps not.
The reality is skill card games are not illegal, so no 'laws' are required by the government. 1. 2 Federal courts rules the 1961 Wire Act and following laws do NOT include casinos. 2. The UIGEA only enforces that which was already illegal, per Rep. Bachus who supports UIGEA, he has no problem with legal wagering. 3. Aol, MSN & Yahoo! ALL offer legal CARD games as skill, visit them and click play for cash / cash compititions. You will find Solitaire, Hearts, Spades, Free Cell, Poker Solitaire plus board games and video games. 4. If the above card games are skill under current guidelines then so too is poker. 5. Only 14 states have regulations against playing skill games and all the laws congress passes will not change those 14 as they are allowed to opt out, read Frank's Bill. 6. The UIGEA regulations do not define skill / chance, only how to block games of chance, I.E. Video slots, Sports Betting, Craps.......Read it. 7. I really believe the whole episode is a mistake by poker sites for not saying O.K, no more casinos and sports betting, poker only. Think; the ONLY case involving poker came from Lousiana, one of the 14 states. Initially the guy was release in N.Y. as poker is not against the law there. Later they cut a deal with La. for a fine. ALL others (Neteller) involve Sports Betting not Poker, read the indictments for them AND Bet On Sports. obg [ QUOTE ] The endgame is inevitable here. Their argumets against us are weak, and there is money to be made by the US Government. I am drooling thinking of how much room for growth there is under the authorization of our governmet. Trump.Com Harrahs.com GooglePoker........oh gawd! There will be games everywhere and fish galore [/ QUOTE ]
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#8
06-10-2007, 12:07 AM
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Re: Video Of Jim McDermott Introducing Internet Gambling Tax Act
[ QUOTE ]
I think you are missing my point, perhaps not. The reality is skill card games are not illegal, so no 'laws' are required by the government. 1. 2 Federal courts rules the 1961 Wire Act and following laws do NOT include casinos. 2. The UIGEA only enforces that which was already illegal, per Rep. Bachus who supports UIGEA, he has no problem with legal wagering. 3. Aol, MSN & Yahoo! ALL offer legal CARD games as skill, visit them and click play for cash / cash compititions. You will find Solitaire, Hearts, Spades, Free Cell, Poker Solitaire plus board games and video games. 4. If the above card games are skill under current guidelines then so too is poker. 5. Only 14 states have regulations against playing skill games and all the laws congress passes will not change those 14 as they are allowed to opt out, read Frank's Bill. 6. The UIGEA regulations do not define skill / chance, only how to block games of chance, I.E. Video slots, Sports Betting, Craps.......Read it. 7. I really believe the whole episode is a mistake by poker sites for not saying O.K, no more casinos and sports betting, poker only. Think; the ONLY case involving poker came from Lousiana, one of the 14 states. Initially the guy was release in N.Y. as poker is not against the law there. Later they cut a deal with La. for a fine. ALL others (Neteller) involve Sports Betting not Poker, read the indictments for them AND Bet On Sports. obg [ QUOTE ] The endgame is inevitable here. Their argumets against us are weak, and there is money to be made by the US Government. I am drooling thinking of how much room for growth there is under the authorization of our governmet. Trump.Com Harrahs.com GooglePoker........oh gawd! There will be games everywhere and fish galore [/ QUOTE ] [/ QUOTE ] I'm with ya brother
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#9
06-10-2007, 12:44 AM
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Optimistic view
if the federal gov't comes around and legalize things, they will definitely tax the company on its profit. Since the states have control of whether or not they will allow poker, would they be in a position to guarantee a cut of those taxes? If so, would that push nearly all states to re-evaluate laws banning things as they would get a piece of the pie for basically doing nothing? It's not like allowing B+M gambling as they don't have a huge casino being built.
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#10
06-10-2007, 12:45 AM
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Re: Optimistic view
[ QUOTE ]
if the federal gov't comes around and legalize things, they will definitely tax the company on its profit. Since the states have control of whether or not they will allow poker, would they be in a position to guarantee a cut of those taxes? If so, would that push nearly all states to re-evaluate laws banning things as they would get a piece of the pie for basically doing nothing? It's not like allowing B+M gambling as they don't have a huge casino being built. [/ QUOTE ] Yes, that's exactly correct. I feel this will encourage states to permit Internet gambling.
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