Headlines: Poker, Law, and Politics (10/19/06)

articles:
Online Gambling Goes Underground (BusinessWeek, 10/18/06)

The G.O.P.’s Bad Bet (NY Times, 10/19/06)

Hold ‘Em Accountable (Philadelphia City Paper, 10/18/06)

What to know about online poker legislation (The Desert Sun, 10/19/06)

AG: Fold on poker licensing plan (Bismarck Tribune, 10/19/06)

Internet law introduces new era of sour feelings (San Antonio Express-News, 10/18/06)

Bush’s Big Bluff (LA Weekly, 10/18/06)

Poker: Worth the Gamble? (The Spectrum, 10/19/06)

Congress gives online gambling the royal flush (Signal, 10/18/06)

press release:
Update on US position (Neteller, 10/19/06)


excerpts:

Online Gambling Goes Underground (BusinessWeek, 10/18/06)
“Although the largest e-wallet, eBay’s (EBAY) PayPal, does block gambling transactions, NETeller — the e-wallet of choice for PokerStars and other sites — has adopted a wait-and-see policy with regard to the law. In an Oct. 12 statement, the company said it will monitor how the U.S. government implements the act over the next 270 days. Other e-wallets include CentralCoin and Click2Pay…”


The G.O.P.’s Bad Bet (NY Times, 10/19/06)
“Last week President Bush signed a law that will try to impede online gambling by prohibiting American banks from transferring money to gambling sites. Most Americans probably didn’t notice or care, but it may do significant political damage to the Republicans this fall and long-term damage to Americans’ respect for the law…”

Hold ‘Em Accountable (Philadelphia City Paper, 10/18/06)
“So as the terrorist I’ve become this week, I’m calling for jihad. I’m summoning all poker players to line up behind Bolcerek, like professionals including Annie Duke and Chris “Jesus” Ferguson have. The only way to make the infidels see the error of their ways is to blast the nine-month-old PPA’s membership from 120,000 into the millions…”

What to know about online poker legislation (The Desert Sun, 10/19/06)
“Since its enactment, I have been getting a lot of inquiries about the Unlawful Internet Gambling Enforcement Act (UIGEA), and its ramifications. Here are some Frequently Asked Questions…”

AG: Fold on poker licensing plan (Bismarck Tribune, 10/19/06)
“Kasper said he was likely to give up his effort to make North Dakota a licensing agency for Internet poker sites. He has promoted the idea as a way for the state treasury to make millions from licensing fees, and said the state-owned Bank of North Dakota could profit from handling gambling transactions. “I was saddened to see what the Republican Congress did,” Kasper said. “It was a terrible way to make public policy…”

Internet law introduces new era of sour feelings (San Antonio Express-News, 10/18/06)
“But what is unfair is the fact that an activity enjoyed by an estimated 3 million people in the U.S. seemed to get shoved through the political system with very little debate and discussion. There is no tie-in between Internet gambling and the safety of our nation’s ports. It’s like adding a federal highway funding provision onto a bill designed to increase the quality standards of a food product…”

Bush’s Big Bluff (LA Weekly, 10/18/06)
“Personally, I don’t like Internet poker. Tried it once and, like Bill Clinton, I didn’t inhale. But what’s the difference between logging on to Partypoker.com or Merrill Lynch’s Web site, other than that you’re likely to risk, and lose, a lot more at the latter site? And who in their right mind believes you can deny an indulgence that already attracts tens of millions? Did we learn nothing from Al Capone?”

Poker: Worth the Gamble? (The Spectrum, 10/19/06)
“EU or European Union law states that any nation that actually has there own lottery cannot prohibit gambling from another. Several European gambling companies have filed suit and believe that these measures are unlawful and discriminating. If these measures are taken, this law will prevent almost all popular gaming sites to be shut out from conducting business in the states…”

Congress gives online gambling the royal flush (Signal, 10/18/06)
“Even if the idea “all gambling is bad” was somehow accepted as universally true, there are at least a dozen problems with this bill. Most significantly, this goes against explicit demands by the World Trade Organization forcing the United States to allow its citizens to participate in the international online gambling industry…”

press release:
Update on US position (Neteller, 10/19/06)
“NETELLER, a company registered outside the US, will comply with the Act and its
related regulations as if it were subject to the Act’s jurisdiction. This action is
intended to ensure that the Company is able to continue to operate with the support of
its principal commercial partners and to protect its shareholders, business partners,
employees and reputation…” [pdf]

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