An Important Point About Harrahs Entrance Into The Online Poker Market

[David Sklansky]

I believe it is a subtle psychological effect that has a chance of turning into something. Harrahs themselves may not even have thought about it. But they will have to the first time a reporter says to Jan Jones something like "So do you disagree with the US Congress that online poker is bad for people? Or is it that you just don't care what happens to foreigners?" Or something to that effect.

[ematz]

[ QUOTE ]
I don't think your post makes any sense, David. Harrah's is in the gambling business, which many Americans feel is immoral. I am unaware of any morality distinction that has been drawn between Internet gambling and casino gambling.

[/ QUOTE ]

You're right about the no moral distinction but casino gambling is legal in the US. Go re-read the marijuana analogy, sums it up pretty well.

Do you know of any US businesses that knowingly engage in something that is considered legal in that area but illegal in the US (besides Blackwater)?

[Todd Terry]

[ QUOTE ]
[ QUOTE ]
I don't think your post makes any sense, David. Harrah's is in the gambling business, which many Americans feel is immoral. I am unaware of any morality distinction that has been drawn between Internet gambling and casino gambling.

[/ QUOTE ]

You're right about the no moral distinction but casino gambling is legal in the US. Go re-read the marijuana analogy, sums it up pretty well.

Do you know of any US businesses that knowingly engage in something that is considered legal in that area but illegal in the US (besides Blackwater)?

[/ QUOTE ]

Casino gambling is legal in very few places in the US, it is illegal in the rest due to morality issues. US businesses used to engage in bribery all the time overseas, it was only when overseas bribery was outlawed in the United States that they stopped doing it (at least as much). Every US company produces goods overseas so that they can do so in countries without minimum wage laws, child labor laws and stringent environmental regulations. US companies engage in price-fixing in countries where the practice is not banned (and in many where it is as well). I'm sure there are 10,000 other examples out there.

[Jerry D]

[ QUOTE ]
Glad you are posting, David. Especially about something other than Absolute. [img]/images/graemlins/wink.gif[/img] I have many Christian friends and even THEY think the law is stupid.

[/ QUOTE ]

Yeah like Daniel Negreanu, Jerry Yang, and Chip Reese to name a few. Lots of christians don't see anything wrong with playing poker.

[MicroBob]

[ QUOTE ]
I am unaware of any morality distinction that has been drawn between Internet gambling and casino gambling.

[/ QUOTE ]


I think this is way wrong.
You might not have seen it but it's definitely been out there imo.
Some of the politicians think it is really incorrect to let people gamble in the privacy of their own homes on these horrible unregulated sites that can allow kids and where you can 'click your mouse, lose a house'.
They argue that the land-based casinos in the U.S. are somehow better because they are tightly regulated with gaming-commissions, watch for problem gamblers, don't allow in underage gamblers, etc.

Furthermore, many of the people who have problems with online-gambling are most concerned about the sports-betting.
Land-based casinos are legal in many many states now but sports-betting is only legal in Nevada.

[Todd Terry]

[ QUOTE ]
[ QUOTE ]
I am unaware of any morality distinction that has been drawn between Internet gambling and casino gambling.

[/ QUOTE ]


I think this is way wrong.
You might not have seen it but it's definitely been out there imo.
Some of the politicians think it is really incorrect to let people gamble in the privacy of their own homes on these horrible unregulated sites that can allow kids and where you can 'click your mouse, lose a house'.
They argue that the land-based casinos in the U.S. are somehow better because they are tightly regulated with gaming-commissions, watch for problem gamblers, don't allow in underage gamblers, etc.

Furthermore, many of the people who have problems with online-gambling are most concerned about the sports-betting.
Land-based casinos are legal in many many states now but sports-betting is only legal in Nevada.

[/ QUOTE ]

I'm aware of these arguments, they are not a "morality distinction". OP was based on morality, which is why I took issue with it.

[VPIP100]

[ QUOTE ]
One interesting aspect about Harrahs opening up a poker site for non Americans is, in my opinion, the psychological effect of a major company in essence making the statement that the internet law is wrong. At least as far as poker is concerned. And that most American's agree with them.

You can't just say that Harrah's is going into a business that that can get away with legally. Big American companies are taking a major risk if they do that. Philip Morris isn't in the marijuana business in Holland. Elite Modeling agency doesn't provide 14 year old escorts in Thailand.

Presumably if something is immoral in the US, we should consider it immoral everywhere. If it is illegal here and not there, our lawmakers will usually say that the foreigners are just wrong. That's all hogwash of course but major corporations in this country rarely want themselves beeing seen as disagreeing with that. Earlier MGM sort of did what Harrahs is planning but that was before the federal law came down. I believe Harrah's actions at this point in time can have much greater impact and implications.

[/ QUOTE ]

thats not illegal [img]/images/graemlins/smirk.gif[/img]

[Lori]

BILL FRIST (R-TN)
Top Contributors

1
FedEx Corp
$38,225

2
Vanderbilt University
$29,700

3
First Tennessee National Corp
$28,100

4
AT&T
$27,000

5
HCA Healthcare
$24,800

6
Eastman Chemical
$23,250

7
Powell Construction
$23,000

8
Lockheed Martin
$22,000

8
PaineWebber
$22,000

10
BellSouth Corp
$21,500

10
National HealthCare Corp
$21,500

12
First American Corp
$21,250

13
Harrah's Entertainment
$19,250

14
American Hospital Assn
$19,000

14
National Auto Dealers Assn
$19,000

16
SunTrust Banks
$18,750

17
American Institute of CPA's
$17,500

17
Ernst & Young
$17,500

17
National Republican Senatorial Cmte
$17,500

20
Schering-Plough Corp
$17,016


http://www.opensecrets.org/politicia...amp;cycle=2000

Lori

[phiphika1453]

Lol, he found a way to work young girls into his analysis.

GG David

[Joe Tall]

[ QUOTE ]


You can't just say that Harrah's is going into a business that that can get away with legally. Big American companies are taking a major risk if they do that. Philip Morris isn't in the marijuana business in Holland. Elite Modeling agency doesn't provide 14 year old escorts in Thailand.


[/ QUOTE ]

David,

Would the Philip Morris Amsterdam division or the Elite Model Thailand division make over 2 million dollars a day?

There is a lot more reward considering the risk.

-Joe Tall