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usUsne
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23 May 2010 - 2:02am

Passing the law for US Players to Gamble Online

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Hiya Members,

Word is the ban for US players to play at online casinos could be settled as early as June. If all goes well it is predicted that President O'bama would sign off on it July 4th. That will be a whole lot of fireworks going off!!! I hear a lot of mixed feelings on US players wanting it to pass or not.

For obvious reason players will avoid taxes if not passed. I personally hope it does pass. I want the freedom to play anywhere i want.

I am curious how the casinos who once blocked us from playing will feel if it does become legal again. I don't know how true this is but a member at another forum said some casinos will NOT be giving out bonuses to US players if it passes.

I have a pretty strong feeling they will change their mind pretty fast when they lose a big market in US players.

Usne

auCL-Ed
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24 May 2010 - 12:48am
#1

I hate to say it but I don't share your optimism, at least not in the short term. We posted an article just the other day about the recent discussions in Washington:
U.S. House Committee debates internet gambling tax bill

To sum up, there is a legalisation bill that Barney Frank "hopes to bring" before a panel in July and he "hopes" it could be passed this year. "supporters realise that Congress is highly unlikely to pass legislation this year on the subject".

And should they decide to regulate, I assume that would mean forming some sort of organisation to do the regulation, which won't happen overnight.

Obviously there is also a lot of opposition to this proposal, not always from who you might expect. Consider for example some of the massive casino and particularly poker operations who have dominated the industry precisely because they continue to accept American players (think Full Tilt, Pokerstars). I can't see them being enthusiastic supporters of this legislation because some giant competitors will immediately come back into the U.S. market. You can bet that they are paying lobbyists to oppose this. Add in the usual wowsers who can't stand anyone else having fun and there are a lot of subplots.

Also anyone saying that casinos will or won't give bonuses to U.S. players is purely speculating. They simply don't know.

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26 May 2010 - 4:25am
#2

Ok ed you have me lost on this one. Why would big casinos and poker operators be opposed to this bill being passed? Isn't this going to bring in a lot more revenue for them. If i understand it correctly, isn't the US the biggest revenue for them now?

How is US players being allowed to play going to hurt the industry? I would think it will only bring in the masses. Yes they may have competition out there, But sites such as Full Tilt and Pokerstars are giants already. They will be a tough act to follow.

All the more reason that these casinos should offer nice incentives to an open US market. It's like any business or field, you have to entice customers with nice deals. I think competition will be a good thing. It might help weed out the crooks and protect the players against shady operators.

As it is now we have no where to turn when we are shafted by a casino. We have to take on the chin and hold our breaths that the next casino is on the straight and narrow.

Usne

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26 May 2010 - 5:04am
#3

Don't get me wrong - I DO want it to happen and it will be great if/when it does, I just don't think it will as quickly as you have been led to believe. It will be good for the industry because the U.S. player will finally have some sort of backing and protection by playing at U.S. regulated casinos and poker sites. The good operators will flourish and hopefully the crooks will disappear.

But Pokerstars, Full Tilt etc already accept U.S. players and are doing very well because most of their major competition do not. It is the main reason for their success. So why would they want the market re-opened when huge players like Party Gaming, 888.com, Microgaming etc will all re-enter and provide massive competition with huge marketing budgets? The competition will be fierce. They will be paying lobbyists to fight this so they can stretch out their mini-monopolies for as long as possible.

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28 May 2010 - 5:41pm
#4

Your probably right ed on the wait. It sure didn't take the US long to ban it. That snuck up on us overnite! It would make zero sense not to pass this law. The health insurance issues alone would be a great access not to mention the deficit this country is in now.

It is a matter of everyone getting a piece of the pie.

Usne

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4 June 2010 - 1:34am
#5

Encouraging news for New Jersey gamblers today:
Atlantic City online? NJ online gambling bill makes it out of committee

By the way we keep an index of all our UIGEA-related articles here (its in the Legal menu up top for future reference):
UIGEA and RAWA news and analysis

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usUsne
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4 June 2010 - 2:40am
#6

Thanks ed i will ck that out and keep my eye on it.

Usne

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