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#21
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I can see this happening.
Phase 1 - Internet gambling will be legal in NV. Run by the B&M casinos (Harrahs, etc). Legal only for NV residents with taxes going to NV. Phase 2 - CA copies them and Bicycle/Commerce/Huster allow Internet gambling to CA residents, with taxes going to CA. Phase 3 - NJ (desperate for money), PA, NY, OR, AZ, CO, IL fall into place and allow Internet gambling within state lines for tax revenue. Phase 4 - Everyone else falls into line because they are missing out (similar to how lottery came about), with my state NC bringing up the rear (like lottery). Phase 5 - National access where I in NC can play at NV casino online and each state competes with best rate, etc. This would be over a 10-15 year span. Current laws allow for a state to host Internet poker within its borders per current state laws. Once one state sees another is making money (like lottery), they will want to join in. North Dakota is ahead of the curve and has wanted to host poker sites for a while now. |
#22
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[ QUOTE ]
[ QUOTE ] [ QUOTE ] I also read somewhere today on these forums that Harrah's has heavy finacial ties to our great senator Frist. [/ QUOTE ] It's not coming in the form of PAC money Link [/ QUOTE ] can you explaing that link to a laywoman [/ QUOTE ] What is a PAC? |
#23
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[ QUOTE ]
[ QUOTE ] CNBC2 "Today's Business Europe" is reporting that Harrah's stock is up on the report that it may be acquiring some of the online sites. It seems as long as they were taking US customers they would not invest but now that the companies are are not taking US customers, US business can buy them out. [/ QUOTE ] Harrah's stock could also be up due to this: Harrah's receives buyout bid [/ QUOTE ] I had the show on the DVr so I could rewind. The spokesperson for "Today's Business Europe" was very clear that Harrah's was up "likely due to both." He was referring to the buyout bid and the potential for Harrah's to acquire some of the online sites. European Squakbox starts in 15 minutes, I will see what they say. |
#24
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Be prepared for higher rake.
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#25
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[ QUOTE ]
[ QUOTE ] [ QUOTE ] CNBC2 "Today's Business Europe" is reporting that Harrah's stock is up on the report that it may be acquiring some of the online sites. It seems as long as they were taking US customers they would not invest but now that the companies are are not taking US customers, US business can buy them out. [/ QUOTE ] Harrah's stock could also be up due to this: Harrah's receives buyout bid [/ QUOTE ] I had the show on the DVr so I could rewind. The spokesperson for "Today's Business Europe" was very clear that Harrah's was up "likely due to both." He was referring to the buyout bid and the potential for Harrah's to acquire some of the online sites. European Squakbox starts in 15 minutes, I will see what they say. [/ QUOTE ] I dont believe it. If Harrahs wanted non-US IG they could have done it years ago and without buying anything. |
#26
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Party pussies better not buying any poker room who is willing to fight against stupid american legislation. Get the f*ck away! [img]/images/graemlins/mad.gif[/img]
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#27
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I posted this yesterday. If this news is true then I am off by a couple of years. But this does smell fishy;
[ QUOTE ] Any thought as to why Harrah's and MGM did absolutley nothing to stop this legislation? Could they have wanted it, so they can come in and start their own US based sites. Once, they mobilize their huge Lobby's, is it possible they can get Online Poker regulated? Seriously, Harry Reid could have put a hold on this bill but chose not to. Whose to say that after they initially outlaw online poker, the US based companies fund studies. Those studies say the Gov't could make an assload if it was properly regulated, obviously this would be a given. Then Harrah's, MGM etc. get it regulated. Finally, with their deep pockets they can go ahead an eventually buy up Party or Poker Stars. Then we are basically where we are today, sans prohibition ............. anyway just an out of the box thought. [/ QUOTE ] |
#28
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Isn't what everyone is saying now, similar to what people have been saying about marijuana since the 60s? It will be legal soon, the government will wisen up and tax it, it does not harm anything or anyone, it is less harmful than all of this other stuff. Makes sense to everyone except our government, so why would online gambling be any different?
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#29
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because it is simpler and therefore more plausible.
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#30
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[ QUOTE ]
Isn't what everyone is saying now, similar to what people have been saying about marijuana since the 60s? It will be legal soon, the government will wisen up and tax it, it does not harm anything or anyone, it is less harmful than all of this other stuff. Makes sense to everyone except our government, so why would online gambling be any different? [/ QUOTE ] Well, while there are exceptions, good gamblers are pretty intelligent. Good at math, street smarts. Several big time execs enjoy poker. On the other hand, the people wanting marijuana leaglized are going around baked all of the time. |
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