Headlines: Poker, Law, and Politics (04/01/08)

articles:
Poker players seeking trump card in lawyers (The Washington Times, 04/01/08)

U.S. Banks Unhappy With UIGEA Regulations (MajorWager, 03/31/08)

Free minds, free markets – and free poker! (PokerListings, 04/01/08)

WTO Gambling Settlements Now Scrutinized by Barney Frank and Ron Paul (PokerPages, 04/01/08)

Florida Senate bills raise gambling stakes (Miami Herald, 04/01/08 – FL)

Casinos pursue 24-hour gambling (The Beacon News, 04/01/08 – IL)

‘Small Games Of Chance’ Could Be Legalized In Bars; County Council To Talk (The Pittsburgh Channel, 03/31/08 – PA)

Colleges take more notice of gambling problems (Christian Science Monitor, 04/01/08)

government:
Frank, Paul Letter Regarding GATS Gambling Commitment (House Financial Services Committee, 03/25/08)

press release:
Congress Encouraged to Take Action on Internet Gaming Regulation (Prime Table Games, 04/01/08)

Congressional Hearing Scheduled on Internet Gambling Ban (SSIGI, 03/31/08)

Taylor Caby to Deliver Lecture at NYU-Stern on How to Build a Business Around Poker (GPSTS, 03/31/08)

excerpts:
Poker players seeking trump card in lawyers (The Washington Times, 04/01/08)
“The nation’s poker players are enlisting lawyers to keep them from running afoul of gambling laws. A group called the Poker Players Alliance started operating a Litigation Support Network last week. The alliance gives members free referrals to lawyers who can advise them on how to avoid overstepping legal limits while betting on their poker”

U.S. Banks Unhappy With UIGEA Regulations (MajorWager, 03/31/08)
“The American Banking Association (ABA), which acts as the spokesman for most U.S. banks, recently stated its unhappiness with the UIGEA regulations released by the US Treasury and Federal Reserve last October. In particular the organization was upset that the government didn’t provide clear rules on how to implement the statute and instead shifted the burden of drafting the rules to banks and other payment processing organizations.”

Free minds, free markets – and free poker! (PokerListings, 04/01/08)
“Hosting Reason’s poker night is Radley Balko, a senior editor at the magazine. Balko testified before Congress on the issue of Internet gambling last year, and has been a consistent critic of local police departments’ use of SWAT teams to break up private poker games across America. According to Balko, more than 100 individuals have sent RSVPs so far, and press outlets such as the Washington Post, Washington Times and the Associated Press will be on hand for the event.”

WTO Gambling Settlements Now Scrutinized by Barney Frank and Ron Paul (PokerPages, 04/01/08)
“House Financial Services Committee Chairman Barney Frank (D-Mass), and Rep. Ron Paul (R-TX) recently sent a letter to U.S. Trade Representative (USTR) Susan Schwab requesting the details of a trade agreement between the United States and the European Union, Japan and Canada negotiated December 2007 to compensate those nations for the US withdrawing from their GATS gambling commitments in order to deny online poker and online gambling operators access to the US market.”

Florida Senate bills raise gambling stakes (Miami Herald, 04/01/08 – FL)
“Poker rooms could stay open later and dormant jai-alai frontons could become greyhound racetracks under two bills that won approval from a Senate committee Tuesday. The poker bill paves the way for high-stakes and celebrity tournaments at parimutuels and would expand gaming to 18 hours a day on weekdays and 24 hours a day on weekends. Current law allows card rooms to operate for no more than 12 hours a day.”

Casinos pursue 24-hour gambling (The Beacon News, 04/01/08 – IL)
“Several Illinois casinos are seeking permission to stay open around the clock in hopes of boosting lackluster gambling revenues — a controversial idea that state gambling regulators plan to consider next week. A public hearing on the subject has been set for April 8. A decision from the Illinois Gaming Board is expected shortly thereafter, most likely during the panel’s April 22 meeting, board Chairman Aaron Jaffe said.”

‘Small Games Of Chance’ Could Be Legalized In Bars; County Council To Talk (The Pittsburgh Channel, 03/31/08 – PA)
“The arrival of slots casinos in the Pittsburgh area is already bringing a crackdown on video poker machines in bars, whose owners are also unhappy with the impact of the county’s poured drink tax. Now there’s a call to legalize “small games of chance” to provide bar owners with a new source of revenue.”

Colleges take more notice of gambling problems (Christian Science Monitor, 04/01/08)
“Colleges concerned about the addictive potential of gambling face an uphill battle against its glamorized image. Think ESPN’s all-out coverage of poker tournaments or the parade of movies: Now it’s “21,” about six students beating the house in Vegas; 10 years ago, the popular film “Rounders” featured Matt Damon as a law student and high-stakes poker player.”

government:
Frank, Paul Letter Regarding GATS Gambling Commitment (House Financial Services Committee, 03/25/08)
“House Financial Services Committee Chairman Barney Frank, and Rep. Ron Paul, sent a letter on March 14, 2008, to U.S. Trade Representative Susan Schwab requesting the details of a trade agreement between the United States and the European Union, Japan and Canada to compensate nations for withdrawing from the GATS gambling commitment.”

press release:
Congress Encouraged to Take Action on Internet Gaming Regulation (Prime Table Games, 04/01/08)
“Prime Table Games, a Las Vegas based casino game development company, today ran a full-page statement in the global edition of The Wall Street Journal to coincide with a Congressional hearing scheduled for April 2, 2008 related to proposed regulations to the Unlawful Internet Gambling Enforcement Act (UIGEA). The statement in The Wall Street Journal, entitled “Who Will Face the Issues,” is an outline of regulatory problems with international Internet gaming, particularly as they relate to gaming fraud, consumer protection, and protection of intellectual property rights.”

Congressional Hearing Scheduled on Internet Gambling Ban (SSIGI, 03/31/08)
“Jeffrey Sandman, spokesperson for the Safe and Secure Internet Gambling Initiative, will be available to update media and comment on the hearing, “Proposed UIGEA Regulations: Burden without Benefit?” in the House Committee on Financial Service’s Subcommittee on Domestic and International Monetary Policy, Trade, and Technology. The hearing will explore the burden on U.S. financial institutions to comply with the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA).”

Taylor Caby to Deliver Lecture at NYU-Stern on How to Build a Business Around Poker (GPSTS, 03/31/08)
“On Tuesday, April 1, the NYU-Stern chapter of the student-led Global Poker Strategic Thinking Society (GPSTS) will be joining other student groups at the New York University-Stern School of Business to host a discussion about the links between success at the poker table and success at the boardroom table. The discussion, co-sponsored by the NYU Professional Development Society and the Quantitative Finance Society, will spotlight the success of twenty-four-year-old professional poker player and entrepreneur Taylor Caby and explore how he has parlayed his successful poker strategies into a successful and growing online business.”

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