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ushope777
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1 March 2012 - 6:28pm

The Death of Online Poker

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Hi Everyone,

I picked up the City Pages when I was at the doctor's office, because the cover caught my eye. I believe some of you will enjoy reading this interesting article called, "They Were Kings for a Moment."

The article even talks about some of the players moving to Costa Rico, renting apartments and setting up shop there, since their livelihood was taken away from them by the ridiculous U.S. restrictions.

Discouraging part of the article talks about how the timeline may be much longer and further away than we imagine, and when and if the U.S. does come to accept the fact that adults should be allowed to play games on the internet, the tax system will likely be extremely complicated.

Anyway, I thought I would share this one, since it discusses how this mess directly affected players who depended upon online poker for their livings.

http://www.houstonpress.com/2012-03-01/news/online-p0ker-2-5-billion-ind...

If you decide to read the article, let me know what you think.

Smile

Hope777

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usLuckyMe
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2 March 2012 - 2:38am
#1

This was an interesting article. I had no idea how many people played poker for a living. I would be sick if I won lots of money that was frozen by the government. I don't understand why the poker sites were targeted anyway. Were people not paying taxes on their winnings?

auCL-Ed
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2 March 2012 - 2:03pm
#2

There is a bit of speculation as to why they were targeted. Could be the feds just wanted to seize the money (hardly anyone would have been paying tax as it was all unregulated). Possibly they are "clearing the decks" as a favour to U.S. companies like the Vegas casino groups before they open up a regulated market.

I've seen "poker refugee" sites where they can help players relocate to Costa Rica or Canada and assist them to get set up there so they can resume playing. Its worth doing if you are good enough to make a living out of it. It would bore me silly playing poker 8 or more hours a day though!

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ushope777
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2 March 2012 - 6:10pm
#3

I actually met a couple of guys who quit because they became so bored, lol. I also read an article in a Minnesota Monthly magazine about online players who stare at, not one, but up to eight screens at a time, and for hours per day. They would meet as a group, sometimes, just to get out of the house. It does sound like a lot of fun until you really think about sitting there day after day.

Hope777

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Shawshank Redemption

usLuckyMe
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2 March 2012 - 11:31pm
#4
CL-Ed wrote:

Possibly they are "clearing the decks" as a favour to U.S. companies like the Vegas casino groups before they open up a regulated market.

I've seen "poker refugee" sites where they can help players relocate to Costa Rica or Canada and assist them to get set up there so they can resume playing. Its worth doing if you are good enough to make a living out of it. It would bore me silly playing poker 8 or more hours a day though!

Let's hope it's to open up the U.S. market. I think if I were winning a lot of money, I would definitely check out the "poker refugee" sites.

usbarbadosslim93
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3 March 2012 - 3:25am
#5

I really enjoyed this article. It shows the tragedy of the online poker industry here in America. Let's hope they get this straightened out and quickly. I myself had an opportunity to speak with a state representative today and brought up the idea of introducing an online gambling bill in Michigan.

We need something here. We could maybe bring some of those poker refugees back to the states.

auCL-Ed
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4 March 2012 - 2:37am
#6

What kind of a vibe did you get from your rep when you raised that issue? Did they sound interested?

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usbarbadosslim93
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4 March 2012 - 4:09am
#7

He claims that he is interested in anything that can bring jobs and revenue back to our state.

When I approached him about online gambling I spoke to him for about a minute or so and told him that the Justice Department reversed its stance in December on internet gambling and that other states are taking steps to set up their own intrastate online gambling operations.

I ended our brief meeting by asking him "People are gambling online in Michigan right now, me included. Why keep the money out of the state when we can raise tax revenues for the state?"

I then told him I would send him some information and follow up with a letter/email. I sent those out and hope I can get somewhere... I am doubtful of it though.

usLuckyMe
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4 March 2012 - 9:19pm
#8

Good point though Slim. Tax revenues could be going to Michigan instead of out of state.

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ushope777
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5 March 2012 - 1:06am
#9
barbadosslim93 wrote:

He claims that he is interested in anything that can bring jobs and revenue back to our state.

When I approached him about online gambling I spoke to him for about a minute or so and told him that the Justice Department reversed its stance in December on internet gambling and that other states are taking steps to set up their own intrastate online gambling operations.

I ended our brief meeting by asking him "People are gambling online in Michigan right now, me included. Why keep the money out of the state when we can raise tax revenues for the state?"

I then told him I would send him some information and follow up with a letter/email. I sent those out and hope I can get somewhere... I am doubtful of it though.

I would think that politicians would be motivated by money. Then there is the media doing stories about the "evils" of online gambling, saying that underage kids are signing up and playing. That is all good and fine, but they do not mention how impossible it would be for that same kid to get money OUT of that casino without proper ID and paperwork, etc. No matter what the game or the system, there will always be abusers, but the media loves to promote fear.

Good for you, 'Slim, for bringing this up to your representative. We should all be calling and writing letters and planting the seed. I don't believe we will see changes over night, either, but they are truly missing out on a gold mine.

Hope777

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