Any online gambling fans here? Thoughts on new law

[sakigt]

Re: Any online gambling fans here? Thoughts on new law

While I see the government's point, I dont think shutting down all the sites is a good thing. I 2nd the opinion that a legal option should be extablished.

With that being said, my best friend is estatic b/c her husband has suddenly found himself with all kinds of free time now that he cant play internet poker anymore.

[PrincessPerky]

Re: Any online gambling fans here? Thoughts on new law

I cannot see the governments point, laws to stop gambling will only effect small time dabblers, hardcore gammers will get around it, and small companies willing to take the backwards loophole bets will profit.

Unfortunatly so will blackmarket/mafia gambing.

Personally I see this as another form of prohibition, where the only people benifiting are crime bosses.

Laws should be for general protection, reminders to good folk (red lights mean stop) not restrictions for mentally ill, that effect the rest of us.......IMO a gambling addiction is that an addiction, banning my husband and I from goofing off will not help the addict, but it will help the future addicts supplier as the price for his fix goes up......

[PrincessPerky]

Re: Any online gambling fans here? Thoughts on new law

silly video bout it..haven't checked all info though

http://www.pokergazette.com/ustraffic.html

[disneysteve]

Re: Any online gambling fans here? Thoughts on new law

I cannot see the governments point, laws to stop gambling

Laws should be for general protection

I don't think this law has anything to do with protecting anybody and I don't think they are making any effort to stop gambling. I think this is strictly a financial issue. The government wants you to gamble only in a governement-sanctioned setting: casino, lottery, racetrack, etc. That way they control the situation and, most importantly, collect tax revenue. The problem with internet gambling is that the government couldn't get their cut of the action. And I'm guessing that representatives of the American casino industry were complaining that they were losing business to the internet sites.

[PrincessPerky]

Re: Any online gambling fans here? Thoughts on new law

Like I said 'should be'..didn't say it was....

[vsjhoc]

Re: Any online gambling fans here? Thoughts on new law

I heard about a guy who watched all those gambling shows on TV. He thought he'd try his luck, so he went to Vegas. "But they don't show you the other players' hands!!" he cried.

[tinapbeana]

Re: Any online gambling fans here? Thoughts on new law

I heard about a guy who watched all those gambling shows on TV. He thought he'd try his luck, so he went to Vegas. "But they don't show you the other players' hands!!" he cried.

oh, please tell me you're kidding!!!

[shengmei]

Re: Any online gambling fans here? Thoughts on new law

Do any of you guys regard online sweepstake games as gambling? I have always tried sweepstakes anytime I feel lucky since the chances of winning are much better than either lotteries or any gambling sites.

[disneysteve]

Re: Any online gambling fans here? Thoughts on new law

Do any of you guys regard online sweepstake games as gambling?

Are you paying any money to enter? If you are not putting anything at risk, then it isn't gambling.

[disneysteve]

Re: Any online gambling fans here? Thoughts on new law

Here's the e-mail I got from Holdempoker.com today:

U.S. Restrictions

On September 30th 2006 the U.S. Congress passed the SAFE Port Act which also contained certain provisions known as the Unlawful Internet Gambling Enforcement Act of 2006 that affects the processing of payments between U.S. customers and online gaming companies. The legislation was signed into law by President George W Bush on October 13th 2006.

We regret that the U.S. has taken this step to make it virtually impossible to offer real money entertainment to U.S. customers. It is doubtful that the U.S. authorities will achieve their stated goals by introducing such legislation. We believe that a properly monitored forward-looking regulation would be much more effective than this general ban.

Entirely due to this new law, we are disappointed to announce the following restrictions for all customers within the U.S.:

Depositing Restrictions

As officially stated before, we have been working on a technical solution to restrict all customers within the U.S. from depositing new funds at HoldemPoker.com. This solution will be implemented on October 25th.

Real Money Restrictions

We will have implemented the technical solution to restrict all customers within the U.S. from accessing our real money games starting Monday, November 6th. After that time you will still be able to login to HoldemPoker.com, enjoy all of our play money games and withdraw funds from your account at your convenience.

Cash-Outs

Your funds will continue to be safe, secure and yours, and will be transferred to you at your request. The option to cash-out will remain available to you.

Unused Tournament Tickets

Valid tournament tickets are as good as cash and will be refunded to your account once the U.S. restrictions are implemented on November 6th. It may take some days for all tickets to be processed into cash, and only valid tickets (not expired) at the time of the U.S. restriction will be refunded.

Player Points/Club Points

Player points and club points will be inaccessible to all U.S. customers once the changes go live; but this does not mean that your points will expire. Your hard earned points will be stored indefinitely, in the event of real money play becoming available again. Until the U.S. restrictions are in place on November 6th you are free to use your points in Club Holdem.

Pending Bonuses

Pending bonus tasks will be void after the U.S. restrictions come into effect on November 6th, as it will not be possible to collect player points via our real money games. Until the Real Money restriction is in place you can continue to collect points to clear bonuses in your account.

At HoldemPoker.com, we are of course very sorry for this development and we hope that we get the chance to meet all our U.S. players again in Real Money games, as we are aiming to offer real money games as soon as the legislation allows us to. We will do our utmost to continuously keep you up to date with future developments.

HoldemPoker.com

[sweeps]

Re: Any online gambling fans here? Thoughts on new law

Experts: Ban won't stop Web gambling

[disneysteve]

Re: Any online gambling fans here? Thoughts on new law

Experts: Ban won't stop Web gambling

Interesting article. Thanks for posting it.

I have no doubt that a $12 billion industry will figure out how to survive. There is just way too much money there to shrivel up and die.

[shelbylovesmelby]

Re: Any online gambling fans here? Thoughts on new law

I believe online gambling is illegal to participate in here. Though, they advertise various online gambling sites?!?!?!