Is anyone concerned about tomorrow (7/10/07)?

MasterLJ · #1 07-09-2007, 01:55 PM

I was fully expecting Legislation to be aglow with speculation about tomorrow's deadline. I do not have faith in the UIGEA and the AG/Fed's ability to come up with a solution, but with the Neteller fiasco only a few months old I feel that we should be cautious with the amounts of money we have online.

No one is concerned? Although the AG has had his hands full, we've had posts over the months that have stated in no uncertain terms that banks have been begun to install methods to block online transactions. Were these proven to be bogus?

Is it plausible to think banks will refuse to pay out of pocket to regulate "unlawful" internet gambling using the argument that in most cases what they are being asked to block aren't transactions from "unlawful" online gambling?

Help me out here.

questions · #2 07-09-2007, 01:57 PM

I'm concerned about next Thursday.

TruePoker CEO · #3 07-09-2007, 01:58 PM

Tomorrow, it will be business as usual at TruePoker.

MasterLJ · #4 07-09-2007, 01:58 PM

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I'm concerned about next Thursday.

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That's the Neteller deadline, correct?

questions · #5 07-09-2007, 02:00 PM

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I'm concerned about next Thursday.

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That's the Neteller deadline, correct?

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From what I understand, Rapture occurs about 2:51 p.m. that day.

MasterLJ · #6 07-09-2007, 02:02 PM

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I'm concerned about next Thursday.

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That's the Neteller deadline, correct?

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From what I understand, Rapture occurs about 2:51 p.m. that day.

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The Rapture is a 19th Century fabrication =).

Can we steer the conversation away from floating believers?

4_2_it · #7 07-09-2007, 02:47 PM

Don't know anything about next Thursday, but I do know that betting $777 on the Number 7 at 7:07 PM on 7/7/07 seemed like a good idea at the time.

Backspin20 · #8 07-09-2007, 02:52 PM

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Don't know anything about next Thursday, but I do know that betting $777 on the Number 7 at 7:07 PM on 7/7/07 seemed like a good idea at the time.

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put me down for $7.77

SteelWheel · #9 07-09-2007, 03:24 PM

Nope, not in the least..Congress can enact and the President can sign (and therefore enact into law) any bill they like, and specify a period for regulations pursuant to such an Act as they might like.

But the unelected, unaccountable government bureaucrats who draft those regulations are part of a permanent government, which tends to remain in power regardless of which political party is in power at any given time. Believe me, the last day of that 270 day period about which so many were concerned is just one more "X" through the calendar, as the bureaucrats count the number of days they have until they retire. There have been laws passed ten, twenty, or more years ago, which still don't have regulations passed to clarify how those laws are to be enforced.

Truthfully, I think the DOJ prefers not having regulations in place--a sane set of regulations (if those discharged with drafting such regs had actually bothered to study the issues they were about to regulate) could possibly have hamstrung the DOJ from making their big splash, with the Neteller and sports bookmakers arrests. Not likely, but possible.

Truthfully, I'll be surprised if we see any regulations appear at any point in the near future. We'll see them when the online sites affiliate with the B&M casinos, and get the okey-dokey from the government to do so..Naturally, this will mean paying two rakes, one to the online site, and the other to the goverment, thus making it much more difficult to make a living at online poker.

RoundGuy · #10 07-09-2007, 04:37 PM

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Don't know anything about next Thursday, but I do know that betting $777 on the Number 7 at 7:07 PM on 7/7/07 seemed like a good idea at the time.

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Well, no wonder. 7:07 pm is 19:07 army time. You were 12 hours late. Dumb*** [img]/images/graemlins/cool.gif[/img]