Headlines: Poker, Law, and Politics (11/20/07)

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articles:
Update: National Poker Challenge Shut Down By Police (KTHV, 11/19/07)


US Fights WTO Over Internet Gambling (Associated Press, 11/19/07)

media:
Update: National Poker Challenge Shut Down By Police (KTHV, 11/19/07)

press release:
Taxing Regulated Internet Gambling Would Generate Billions in New Revenue for Critical Government Programs (SSIGI, 11/20/07)

WSOP makes top sports league list (WSOP, 11/20/07)

excerpts:

Update: National Poker Challenge Shut Down By Police (KTHV, 11/19/07)
“An alleged gambling house is raided over the weekend by Little Rock police. It was a business called National Poker Challenge. It just opened in September. It’s based out of Memphis and the owners maintain they were not breaking any of Arkansas’ gambling laws. Not only did police arrest a handful of staff, they also confiscated the tables and cards. It turns out the facility was under investigation from day one.”

US Fights WTO Over Internet Gambling (Associated Press, 11/19/07)
“With time running out, the tiny Caribbean island nation of Antigua and Barbuda holds the cards in a dispute over Internet gambling that could ultimately cost the United States billions of dollars. If arbitration efforts fail, Antigua and other aggrieved parties, including the European Union, could begin exacting sanctions as early as next month over the U.S. decision to withdraw from a World Trade Organization accord recognizing the legality of Internet gambling.”

media:
Update: National Poker Challenge Shut Down By Police (KTHV, 11/19/07)

press release:
Taxing Regulated Internet Gambling Would Generate Billions in New Revenue for Critical Government Programs (SSIGI, 11/20/07)
“A tax revenue analysis announced by Representative Jim McDermott (D-WA) estimates that regulating Internet gambling would generate between $3.1 billion to $15.2 billion in federal revenues over its first five years, and between $8.7 billion to $42.8 billion over its first ten years. The data, based on a detailed analysis provided by an independent accounting firm, was provided in testimony submitted to the House Committee on the Judiciary where McDermott also detailed policy refinements to his legislation, the
Internet Gambling Regulation and Tax Enforcement Act.”

WSOP makes top sports league list (WSOP, 11/20/07)
“The World Series Of Poker Presented by Milwaukee’s Best Light was voted the 11th most admired sports league in North America in a poll of 12,000 sports fans conducted by the market research firm Turnkey Sports & Entertainment.”

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