CRISPPOKER
Hello and welcome to crisppokerforums , Please log in or register to access the forums,
There is many reasons to regester with us such as :

* access to the chatbox
* lots of top poker promotions
* upto date information on all of our freerolls
* access to all our bonus codes for different sites
* share / read storys from other poker players
* learn to play poker
* Daily poker news from around the world
* All the news about dec 1st 2014 and what it means for uk poker

We also have inside a very nice US section for players from the united states, In This section is reviews of all LEGAL poker clients

Thanks for visiting crisppoker forums,

Look forward to chatting to to you all in our busy chatbox

ADMIN


LVRJ: Federal Government Is Stupid On Web Poker

View previous topic View next topic Go down

LVRJ: Federal Government Is Stupid On Web Poker

Post by jock2007 on Wed Nov 19, 2014 10:49 pm

LVRJ: Federal Government Is Stupid On Web Poker
Federal Policy Needs To Change, Says Las Vegas Newspaper



Though it’s not 100-percent clear what the editorial is exactly calling for, the Las Vegas Review-Journal published a strong piece Wednesday in the wake of Ultimate Poker closing its Nevada operations to say that federal policy on online poker is flawed.

Currently, federal policy only explicitly permits intrastate online gambling. Though, the states where the industry is legal and up and running—Nevada, Delaware and New Jersey—have expressed interest and some level of confidence that they could, theoretically, join together in compacts to share player pools. That has not been done yet.

Doing so would probably require a new opinion on the issue from the Department of Justice. In December 2011, the DOJ re-interpreted the Wire Act to say intrastate Internet gaming is OK.

The reason why Ultimate Poker failed in Nevada (as well as New Jersey)? A lack of revenue due to not having enough liquidity. Not enough people were playing online.

There has remained some level of hope that Congress could authorize online poker nationwide with some piece of legislation, but that appears unlikely. Also unlikely is Sheldon Adelson’s efforts to influence politicians to ban it nationwide, but it seems near impossible a pro-poker bill could pass while he is spending vast sums to fight games going to the web.

Basically, it’s a state-by-state approach to online poker, but if states can’t partner up to create a more robust player pool, industries in individual states will suffer—or not even launch in the first place. There are exceptions. For example, California might be able to sustain an intrastate industry thanks to its huge population. The Golden State could legalize web poker next year.

Despite a lack of players, some sites have proved to be capable of continuing operations. One is the WSOP-branded site from Caesars, which just this week hired a new general manager for its online gambling division. Thanks to its popular live events, WSOP.com likely won’t go anywhere.
avatar
jock2007
allstar elite
allstar elite

+/- : 15
Posts : 577
POINTS : 2724
Join date : 2011-03-20
Age : 31
Location : wales uk

http://crisppoker1.forumotion.co.uk

Back to top Go down

View previous topic View next topic Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum