| Author |
Message |
waterlawman
High Card
Joined: 09 Aug 2006
Posts: 4
Location: Gulf Coast of MS
|
 Posted: Tue Oct 31, 2006 3:18 pm Post subject: Poker Count Down, Before the LAW they Passed Makes us STOP |
 |
|
Can anyone explain the No Gambling online LAW, and when it goes into effect??
P.S.I use this forum because I saw another post with little information or response that matters, so here more people will see it, due to the fact no one views the little used general forums. |
|
| Back to top |
|
 |
BOYNAMEDSUE
Moderator
Joined: 27 Jun 2005
Posts: 7909
Location: Isle of Tilt
|
| Posted: Tue Oct 31, 2006 3:30 pm Post subject: |
|
|
Go to cardplayer.com. They have a section there featuring various article about the enforcement act.
It's not a ban. |
|
| Back to top |
|
|
CitizenCain
Message Board Junkie
Joined: 23 Oct 2006
Posts: 2022
Location: Behind a huge stack of chips.
|
| Posted: Tue Oct 31, 2006 3:33 pm Post subject: |
|
|
It goes into effect 270 days from when it was signed... I forget the precise date.
And it only makes it illegal for American financial institutions to send American money to online "gambling" sites. (With exemptions for the lotto and horse betting, since those are government run/taxed forms of gambling.  ) It does not make it illegal for you to gamble online.
So, realistically, it will do nothing except hurt Americans - because there's nothing stopping me from using something like Netteller (incorporated outside of America) to send money to my gambling site (incorporated outside of America). Which would basically screw all the American corporations who do this, and make the foreign ones more profitable. Huzzah!
Much ado about nothing, really. |
|
| Back to top |
|
|
waterlawman
High Card
Joined: 09 Aug 2006
Posts: 4
Location: Gulf Coast of MS
|
| Posted: Tue Oct 31, 2006 3:52 pm Post subject: Thanks good Info |
|
|
| Thanks that helped alot... |
|
| Back to top |
|
|
dcoles11
Straight
Joined: 14 Oct 2005
Posts: 111
|
| Posted: Wed Nov 01, 2006 12:20 am Post subject: |
|
|
| CitizenCain wrote: |
It goes into effect 270 days from when it was signed... I forget the precise date.
And it only makes it illegal for American financial institutions to send American money to online "gambling" sites. (With exemptions for the lotto and horse betting, since those are government run/taxed forms of gambling. ) It does not make it illegal for you to gamble online.
So, realistically, it will do nothing except hurt Americans - because there's nothing stopping me from using something like Netteller (incorporated outside of America) to send money to my gambling site (incorporated outside of America). Which would basically screw all the American corporations who do this, and make the foreign ones more profitable. Huzzah!
Much ado about nothing, really. |
If it was much ado about nothing Party Poker wouldn't have kicked Americans out. |
|
| Back to top |
|
|
CitizenCain
Message Board Junkie
Joined: 23 Oct 2006
Posts: 2022
Location: Behind a huge stack of chips.
|
| Posted: Wed Nov 01, 2006 10:11 am Post subject: |
|
|
| dcoles11 wrote: |
| If it was much ado about nothing Party Poker wouldn't have kicked Americans out. |
Well,they're probably worried about being arrested on racketeering charges like that other gmabling site CEO... |
|
| Back to top |
|
|
dcoles11
Straight
Joined: 14 Oct 2005
Posts: 111
|
| Posted: Wed Nov 01, 2006 10:52 am Post subject: |
|
|
| CitizenCain wrote: |
| dcoles11 wrote: |
| If it was much ado about nothing Party Poker wouldn't have kicked Americans out. |
Well,they're probably worried about being arrested on racketeering charges like that other gmabling site CEO... |
Well that is a pretty scary thought. If the powers at Party Poker are willing to lose whatever ammount of money they are losing each day by not having American players then it must be a pretty serious in their fear of getting arrested.
If your theory is true then Full Tilt, UB, and whatever other sites that are still taking wagers from Americans are taking a risk.
If anyone from these sites is braught down then that would be the end of it. We Americans would no longer be playing internet poker.
So to say nothing has changed and that this is much ado about nothing isn't really accurate.
We are one arrest away from this to being much more than much ado about nothing. |
|
| Back to top |
|
|
CitizenCain
Message Board Junkie
Joined: 23 Oct 2006
Posts: 2022
Location: Behind a huge stack of chips.
|
| Posted: Wed Nov 01, 2006 12:12 pm Post subject: |
|
|
| dcoles11 wrote: |
| Well that is a pretty scary thought. If the powers at Party Poker are willing to lose whatever ammount of money they are losing each day by not having American players then it must be a pretty serious in their fear of getting arrested. |
2.7 Million. A day. 
But that had nothing to do with the new legislation either - same old "American government being run by Puritanical pricks" that's been going on since... well, since the Puritans came over. |
|
| Back to top |
|
|
dcoles11
Straight
Joined: 14 Oct 2005
Posts: 111
|
| Posted: Wed Nov 01, 2006 2:53 pm Post subject: |
|
|
| CitizenCain wrote: |
| dcoles11 wrote: |
| Well that is a pretty scary thought. If the powers at Party Poker are willing to lose whatever ammount of money they are losing each day by not having American players then it must be a pretty serious in their fear of getting arrested. |
2.7 Million. A day.
But that had nothing to do with the new legislation either - same old "American government being run by Puritanical pricks" that's been going on since... well, since the Puritans came over. |
I don't understand what you mean by, "But that had nothing to do with the new legislation either"
It sounds like your saying Party Poker didn't kick Americans out because of the new legislation and they were going to do it anyway, like saying the new legislation being signed just created a good time to do what they had been planning on doing anyway.
correct me if im wrong. |
|
| Back to top |
|
|
CitizenCain
Message Board Junkie
Joined: 23 Oct 2006
Posts: 2022
Location: Behind a huge stack of chips.
|
| Posted: Wed Nov 01, 2006 2:55 pm Post subject: |
|
|
No, the arrest of BetonIt.com's (I think) CEO for racketeering had nothing to do with the new legislation.
Just business as usual for American society. |
|
| Back to top |
|
|
dcoles11
Straight
Joined: 14 Oct 2005
Posts: 111
|
| Posted: Wed Nov 01, 2006 3:35 pm Post subject: |
|
|
| CitizenCain wrote: |
No, the arrest of BetonIt.com's (I think) CEO for racketeering had nothing to do with the new legislation.
Just business as usual for American society. |
I wish Party Poker would come out with a better statment on their position.
It is confusing as hell to me that Full Tilt, UB, and some other sites are still accepting the play of Americans but Party Poker isn't.
I just don't get it. My only guess is Full Tilt is taking a risk that Party Poker isn't interested in taking. But that is just a guess and I really have no idea.
We are all just kinda left out in the dark on this issue, the depressing thing to me is i'd be more surprised if I woke up tomorrow and Party Poker was back accepting Americans, I wouldn't be nearly as surprised if tomorrow I woke up and Full Tilt had stopped letting Americans play.
I appreciate Full Tilt staying in business for us but its a cautious appreciation because I know that whatever reason it is that cause party poker to kick us out might soon be the same reason Full Tilt does. |
|
| Back to top |
|
|
Rmac57
Straight
Joined: 27 Oct 2006
Posts: 120
Location: PA
|
| Posted: Wed Nov 01, 2006 3:38 pm Post subject: |
|
|
Three thoughts on this topic:
1. By my odds calculator, there's a 42.321% chance of a Democrat controlled congress reversing the law.
2. As long as corporate officers of Full Tilt don't step foot on American soil, or the soil of a country with which the U.S. has an extradition treaty, they have nothing to fear about the law.
3. GW has a special place in hell reserved for him. He'll be getting bu-fu'd by Satan (with no lube), along with Cheney and Rumsfeld in due time.
Remember to vote this Tuesday and make sure that this administration gets to spend its' final 2 years in lame duck mode. |
|
| Back to top |
|
|
Rmac57
Straight
Joined: 27 Oct 2006
Posts: 120
Location: PA
|
| Posted: Wed Nov 01, 2006 3:43 pm Post subject: |
|
|
And while i'm at it, one additional thought.
The cash transfer effects may or may not happen on schedule (the 270 days). It's completely dependent on US banks figuring out how to do it and implementing the solution. As an IT project manager by trade, I can tell you that such efforts as this have somewhere around an 80% failure rate. (Failure being defined as not meeting deadline, budget, or feature goals). |
|
| Back to top |
|
|
CitizenCain
Message Board Junkie
Joined: 23 Oct 2006
Posts: 2022
Location: Behind a huge stack of chips.
|
| Posted: Wed Nov 01, 2006 3:50 pm Post subject: |
|
|
| Rmac57 wrote: |
| 3. GW has a special place in hell reserved for him. He'll be getting bu-fu'd by Satan (with no lube), along with Cheney and Rumsfeld in due time. |
Maybe. But this one was Frist and (depending on who you ask) either the religious right vote or the lobby for the B&M casinos (Harrah's, etc). |
|
| Back to top |
|
|
dcoles11
Straight
Joined: 14 Oct 2005
Posts: 111
|
| Posted: Wed Nov 01, 2006 7:07 pm Post subject: |
|
|
| CitizenCain wrote: |
| Rmac57 wrote: |
| 3. GW has a special place in hell reserved for him. He'll be getting bu-fu'd by Satan (with no lube), along with Cheney and Rumsfeld in due time. |
Maybe. But this one was Frist and (depending on who you ask) either the religious right vote or the lobby for the B&M casinos (Harrah's, etc). |
I truly hope Bill Frisk in the Republican nominee for president in 08.
I am cautiously optomistic by then (if not already) that the country will have had enough of this ultra Christian agenda bull *&%$.
He'll get destroyed in his attempt to become president and lose something like 65% - 35%
With this result the Republicans will finally take their mouth off the **** and balls of the religious freaks in ths country and we'll all be better off.t |
|
| Back to top |
|
|
|
FAQ
Search
Register
Profile
Log in to check your private messages
Log in
