| Author |
Message |
crossroader
Two Pair
Joined: 07 Aug 2006
Posts: 51
|
 Posted: Wed Oct 04, 2006 8:13 am Post subject: good article, should ease some minds.... |
 |
|
Republican Politician Suggests Gambling Bill "no big deal"
Gambling911
While the industry reels following passage of a bill to drastically curb online gambling, at least one top ranking Republican politician we spoke to offered his own take on what will ultimately transpire.
Wishing to remain anonymous, this politician stated "It (the bill) will change very little."******************************************* He went on to explain that the focus of the bill is primarily on credit card processing. Banking institutions have already made it clear online transactions are virtually impossible to stop via electronic check and bank wire.
"The bill affects Visa/Mastercard transactions and it is getting impossible to use these cards anyway (for online gambling transactions.
"The bill is very 'watered down' in terms of language which gives ISPs plenty of wiggle room if they did not know they were enabling consumers to reach gaming sites. It is not a big deal."*********************************************************************************************************************
It is a big deal, however, to the online gambling sector, with a number of publicly traded firms expected to release statements on Monday. Andrew McIvor, the finance director of Sportingbet, which takes most of its bets from the US market, told the Belfast Telegraph Saturday night: "We have not discussed it (the bill) yet as a board and have not taken on what it really means for the company as yet. Things will unravel during the week."
Others have suggested that countries - quite possibly the online gambling Mecca of Gibraltar - may be considering legal action against the United States with the island nation of Antigua a near sure bet to follow.
Legal advisors for one major online payment processor have already indicated they plan on joining in on any pending litigation that might materialize as a result of this bill. A third party risk meeting is slated this coming Thursday in London.
And the mainstream media isn't exactly pounding the pavement about an all out ban on internet gambling either. A Wall Street analyst, learning of initial failed attempts to tack on internet gambling legislation to a defense authorization bill, joked last week: "What other bills are floating around that Frist will stick his anti gambling provision to?"
Not until Friday was anyone aware that Frist would actually attempt to attach internet gambling prohibition to a port security bill.
Lost in all of Saturday's news is the slim possibility that President Bush may not |
|
| Back to top |
|
 |
CISK EXPORT
Royal Flush
Joined: 13 Feb 2006
Posts: 892
Location: Ohio
|
| Posted: Wed Oct 04, 2006 8:25 am Post subject: |
|
|
| Can you please edit your post and remove some aserisks (***) out to narrow the page down. Its a pain to read it like that . Have to scroll sideways besides up and down. |
|
| Back to top |
|
|
Gypsydc
Moderator
Joined: 03 Nov 2005
Posts: 4472
Location: California
|
| Posted: Wed Oct 04, 2006 11:11 am Post subject: |
|
|
He's basically posting what myself and others have said:
There is nothing to worry about. The bill is only about
funding gambling accounts via credit cards (most of which
haven't allowed this to happen for years anyway). Use
Neteller and Firepay and you're fine. Everyone has their
panties in an uproar for no reason. |
|
| Back to top |
|
|
TedyKGB17
Message Board Junkie
Joined: 19 Apr 2006
Posts: 1565
Location: Indianapolis
|
| Posted: Wed Oct 04, 2006 11:20 am Post subject: |
|
|
| Gypsydc wrote: |
He's basically posting what myself and others have said:
There is nothing to worry about. The bill is only about
funding gambling accounts via credit cards (most of which
haven't allowed this to happen for years anyway). Use
Neteller and Firepay and you're fine. Everyone has their
panties in an uproar for no reason. |
thanks Gypsydc.... i'm not reading that crap. my feeble mind can't handle the scrolling side-to-side, while scrolling down. |
|
| Back to top |
|
|
pebbleboy
Royal Flush
Joined: 03 Aug 2006
Posts: 842
|
| Posted: Wed Oct 04, 2006 6:25 pm Post subject: |
|
|
| TedyKGB17 wrote: |
thanks Gypsydc.... i'm not reading that crap. my feeble mind can't handle the scrolling side-to-side, while scrolling down. |
Thats the funniest thing I read in awhile. 
Cause its true. |
|
| Back to top |
|
|
Jobe Gilchrist
Message Board Junkie
Joined: 09 Apr 2006
Posts: 3446
Location: "the most commonly-uttered phrase by vampire bats is 'it's not as cool as it sounds'"
|
| Posted: Wed Oct 04, 2006 6:31 pm Post subject: |
|
|
| I'm not denying what you've said, Gypsy, but it's so crazy to think that a company like PartyPoker (or whatever the actual parent company is called) would make such a rash decision if there were nothing to worry about. Good God, look what happened to their stock...how could they possibly take such action in a harmless situation? |
|
| Back to top |
|
|
htrain3434
Flush
Joined: 12 Jul 2006
Posts: 136
|
| Posted: Thu Oct 05, 2006 11:00 am Post subject: |
|
|
| Whoever this republican is doesn't understand it regards withdrawing your money as well. Party Poker and the others knew it is going to be impossible for them to transfer money to U.S. banks. That is why they made the decision. |
|
| Back to top |
|
|
DukeLeto
High Card
Joined: 05 Oct 2006
Posts: 11
|
| Posted: Thu Oct 05, 2006 11:07 am Post subject: |
|
|
Party rarely transfers funds to us banks now. I rarely take money out, but if I won the blasted mill guar this sunday, you can be sure I can find a way to get the money out.
It would be really nice if England took a stronger stand on this. |
|
| Back to top |
|
|
cypress_98
Royal Flush
Joined: 28 Feb 2006
Posts: 592
|
| Posted: Thu Oct 05, 2006 11:24 am Post subject: |
|
|
| DukeLeto wrote: |
Party rarely transfers funds to us banks now. I rarely take money out, but if I won the blasted mill guar this sunday, you can be sure I can find a way to get the money out.
It would be really nice if England took a stronger stand on this. |
England buck the US. Yea Right! |
|
| Back to top |
|
|
htrain3434
Flush
Joined: 12 Jul 2006
Posts: 136
|
| Posted: Thu Oct 05, 2006 11:48 am Post subject: |
|
|
| DukeLeto wrote: |
Party rarely transfers funds to us banks now. I rarely take money out, but if I won the blasted mill guar this sunday, you can be sure I can find a way to get the money out.
It would be really nice if England took a stronger stand on this. |
Well, I had my bank account registered through party. They can't process withdrawals to my account once the new law is signed by Bush. That is why they are pulling out of the U.S. The other sites will follow as well.
Make your voice heard, vote democrat at the next election. |
|
| Back to top |
|
|
fullyloadedAK
Two Pair
Joined: 12 Sep 2006
Posts: 68
|
| Posted: Thu Oct 05, 2006 12:38 pm Post subject: omg |
|
|
| Quote: |
| Make your voice heard, vote democrat at the next election. |
OH yeah. do that and our country will really be in the toilet. youre a **** idiot. where are you? let me come take all your money... |
|
| Back to top |
|
|
htrain3434
Flush
Joined: 12 Jul 2006
Posts: 136
|
| Posted: Thu Oct 05, 2006 3:34 pm Post subject: Re: omg |
|
|
| fullyloadedAK wrote: |
| Quote: |
| Make your voice heard, vote democrat at the next election. |
OH yeah. do that and our country will really be in the toilet. youre a **** idiot. where are you? let me come take all your money... |
I know, we all had it tough in the nineties under Clinton. No wars, didn't have to go to war to stimulate the economy, gay congressmen staking teenagers, leaving people stranded after Hurricane Katrina, and we could still play poker online. |
|
| Back to top |
|
|
UFO1947
Alien Interrogator
Joined: 08 Jun 2006
Posts: 3563
Location: NS, Canada
|
| Posted: Thu Oct 05, 2006 3:38 pm Post subject: Re: omg |
|
|
| htrain3434 wrote: |
| fullyloadedAK wrote: |
| Quote: |
| Make your voice heard, vote democrat at the next election. |
OH yeah. do that and our country will really be in the toilet. youre a **** idiot. where are you? let me come take all your money... |
I know, we all had it tough in the nineties under Clinton. No wars, didn't have to go to war to stimulate the economy, gay congressmen staking teenagers, leaving people stranded after Hurricane Katrina, and we could still play poker online. |
haha he got ya there |
|
| Back to top |
|
|
cchappa
Pair
Joined: 02 Jul 2005
Posts: 50
|
| Posted: Thu Oct 05, 2006 10:30 pm Post subject: Re: omg |
|
|
| htrain3434 wrote: |
| fullyloadedAK wrote: |
| Quote: |
| Make your voice heard, vote democrat at the next election. |
OH yeah. do that and our country will really be in the toilet. youre a **** idiot. where are you? let me come take all your money... |
I know, we all had it tough in the nineties under Clinton. No wars, didn't have to go to war to stimulate the economy, gay congressmen staking teenagers, leaving people stranded after Hurricane Katrina, and we could still play poker online. |
No wars: wrong. Check your history.
Didn't have to go to war to stimulate the economy: congrats on repeating a standard Democratic talking point (and by the way, if you REALLY believe someone would take us to war just to stimulate an economy, then you sir, are a moron).
Gay Congressmen stalking teenagers: the gayness has nothing to do with it. It's the teenager aspect of it. And again, good sir, check your recent history, and you'll find that the shoe has also been on the other party foot, except that a certain dem didn't just stalk a page, he nailed her. Underage, at that. Dems had this odd way of looking beyond it, though...
Leaving people stranded after Katrina: again, if you honestly believe that someone would intentionally do that, then you are even a bigger moron.
We could still play poker online: yeah, thanks to Al Gore inventing the internet...
Look, everyone knows that Reps AND Dems have their goods and bads. But please, if you plan on critiquing, then at least get some reasonable talking points. |
|
| Back to top |
|
|
jmupitpimp
Pair
Joined: 19 Oct 2006
Posts: 25
Location: Richmond, VA
|
| Posted: Thu Nov 16, 2006 10:59 pm Post subject: Antigua |
|
|
As far as Antigua's concerned, Slate has a very interesting article outlining the potential legal course they may take, which could have some pretty significant ramifications.
http://www.slate.com/id/2153352/?nav=tap3 |
|
| Back to top |
|
|
|
FAQ
Search
Register
Profile
Log in to check your private messages
Log in
