Headlines: Poker, Law and Politics (10/04/07)

articles:
38th Co-Sponsor Signs On to Legalize Internet Gambling (Casino Gambling Web, 10/04/07)

Study’s value questioned (Las Vegas Review-Journal, 10/03/07)

Poker tournament winners get time to pay Uncle Sam (Las Vegas Sun, 10/04/07)

press release:
Government Issues Draft Internet Gambling Regulations (Jon Kyl, 10/03/07)

New Sponsor-Based Poker Site A Win-Win Situation For Players And Advertisers (ZeroRiskPoker, 10/03/07)

Inver Hills Community College Deals a New Hand of Casino Gaming Courses (Johnny Chan Academy, 09/19/07)

excerpts:

38th Co-Sponsor Signs On to Legalize Internet Gambling (Casino Gambling Web, 10/04/07)
“After UIGEA proposed rules were published this week, Congressman Barney Frank’s Internet Gambling Regulation and Enforcement Act (IGREA), bill H.R.2046, gained another co-sponsor. Congressman Raul M. Grijalva [AZ-7] on Wednesday joined Frank and 37 others to become the 38th representative of the United States House to join in the fight to regulate online gambling.”

Study’s value questioned (Las Vegas Review-Journal, 10/03/07)
“Rep. Barney Frank, D-Mass., though he is a co-sponsor of Nevada-backed legislation to study Internet gambling, on Tuesday questioned its value. “Studies don’t do much,” said Frank, who is chairman of the House Financial Services Committee.” “What’s to study? Whether or not I should be able to make my own bet with my own money?” Frank made his comments in a brief interview after he addressed members of the Las Vegas Chamber of Commerce at the Library of Congress. The chamber was meeting with lawmakers and federal officials in a series of briefings this week.”

Poker tournament winners get time to pay Uncle Sam (Las Vegas Sun, 10/04/07)
“Imagine that you’ve just won $100,000 in a poker tournament. But before you can pocket the cash, the casino swoops in to collect $25,000 to pay Uncle Sam. That was the worst-case scenario feared by casinos and players after the Internal Revenue Service issued a bulletin last month saying that casinos would be required to withhold 25 percent of poker tournament winnings over $5,000.”

press release:
Government Issues Draft Internet Gambling Regulations (Jon Kyl, 10/03/07)
“The U.S. Department of Treasury and the Federal Reserve announced earlier this week draft regulations to implement legislation authored by U.S. Sen. Jon Kyl (R-Ariz.), which provided the tools to enforce existing laws prohibiting Internet gambling. Kyl released the following statement: “I am pleased that the Treasury Department and the Federal Reserve have taken a significant step toward enforcing existing laws prohibiting Internet gambling by implementing the enforcement mechanisms provided by legislation I helped author last year.”

New Sponsor-Based Poker Site A Win-Win Situation For Players And Advertisers (ZeroRiskPoker, 10/03/07)
“A game-changing site is dramatically altering the free online poker landscape. ZeroRiskPoker, LLC today announced the launch of ZeroRiskPoker.com, a sponsor-based online poker site that gives Texas Hold’em players the chance to win prizes without opening their wallets. “We’re taking the free online poker concept and turning it on its head,” said Adam Majewski, President & CEO of ZeroRiskPoker, LLC. “We don’t believe playing for free should mean playing for nothing and we don’t believe that playing poker has to be a risky proposition.”

Inver Hills Community College Deals a New Hand of Casino Gaming Courses (Johnny Chan Academy, 09/19/07)
“Inver Hills Community College has partnered with Gatlin Education Services to provide online career training courses in Casino Gaming. Inver Hills Community College announced today its online Casino Gaming program is now available for immediate enrollment. The program, currently comprised of three courses, is supplied by poker industry’s elite high-roller and founder of Johnny Chan Academy and offered through Inver Hills CC’s partnership with Gatlin Education Services.”

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2 responses to “Headlines: Poker, Law and Politics (10/04/07)

  1. Pingback: Headlines: Poker, Law and Politics (10/04/07)

  2. Pingback: Birthover.Com » Headlines: Poker, Law and Politics (10/04/07)

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