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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (106884)1/19/2007 8:52:58 PM
From: Freedom Fighter  Read Replies (1) | Respond to of 132070
 
KT,

I just read that pokernews article.

I have a tough time believing that places like Ultimate Bet, Full Tilt, etc.... are not going to come under serious pressure soon.

So far only the major public poker companies have caved, but if the Feds wanted to give poker an exception they could have easily done so the way they did for horse racing and lotteries. The fact that they didn't tells us that they want to stop the poker playing in addition to the sports betting. They just haven't gone after anyone "yet".

I'm not a lawyer. I don't know if and how the Feds could make their case, but if they had "no case" or "no way to make life miserable for all concerned" then IMO the public poker companies wouldn't have caved.

I simply have a tough time believing they are going to allow a handful of US citizens to get rich owning these private poker sites like UB and FT if they cater to US citizens when they obviously don't want this to occur.

If the funding institutions would only fund poker sites and not sports books perhaps they could avoid trouble the way the article suggested. But every single one of them I looked at is also funding sports books. So IMO all the remaining commonly used funding sites for poker will almost certainly come under pressure very soon regardless of whether it's for poker or sports books.

IMO, the best case scenario for the medium term is that US citizens will still be able to play at some sites, but almost all the transactions are going to have to be done by snail mail.



To: Knighty Tin who wrote (106884)1/23/2007 10:27:31 PM
From: Madharry  Read Replies (1) | Respond to of 132070
 
and I have a hard time believing that some place like iran or north korea isnt just going to corner this market and not worry about extradition or being arrested in the usa. or perhaps some former soviet republic could do just as well. There will be someone out there to replace NetTeller. This is the war on drugs all over again.