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Web gambling gets boost from Obama administration
Reuters ^ | 12/25/11 | Jim Wolf and Nicola Leske

Posted on 12/25/2011 8:45:19 PM PST by Nachum

(Reuters) - The Obama administration cleared the way for states to legalize Internet poker and certain other online betting in a switch that may help them reap billions in tax revenue and spur web-based gambling.

A Justice Department opinion dated September and made public on Friday reversed decades of previous policy that included civil and criminal charges against operators of some of the most popular online poker sites.

Until now, the department held that online gambling in all forms was illegal under the Wire Act of 1961, which bars wagers via telecommunications that cross state lines or international borders.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: administration; gambling; internetgambling; internetpoker; obama; web
Now what are the odds of that?
1 posted on 12/25/2011 8:45:25 PM PST by Nachum
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To: Nachum

The Federal Government is the Mafia.


2 posted on 12/25/2011 8:46:58 PM PST by eyedigress ((Old storm chaser from the west)?)
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To: Nachum

Obama wants to permit and tax it — rotsa ruck on the taxing end. It’s another re-election bid for the Bummer because even Mitt is likely to say this is wrong, and it’s also not likely Congress will formally open the loophole. It would be easier to get Federally legal medpot, which maybe California users are looking the wrong way for. If all medpot were grown in DC, in green facilities overseen by Michelle, maybe Obama would be perfectly copacetic with it.


3 posted on 12/25/2011 8:49:45 PM PST by HiTech RedNeck (Sometimes progressives find their scripture in the penumbra of sacred bathroom stall writings (Tzar))
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To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...

The list, Ping

Let me know if you would like to be on or off the ping list

http://www.nachumlist.com/


4 posted on 12/25/2011 8:51:07 PM PST by Nachum (The complete Obama list at www.nachumlist.com)
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To: Nachum

next thing you know, they will legalize pot and crack so they can tax it, and use the “revenue” to pay for more solyndras and more health care hijackings.

you don’t need a healthy economy to finance your socialist programs of you don’t care what happens to your citizens.


5 posted on 12/25/2011 8:53:39 PM PST by JohnBrowdie (http://forum.stink-eye.net)
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To: Nachum

Bread and circuses for the masses...


6 posted on 12/25/2011 8:55:45 PM PST by Ronin (If we were serious about using the death penalty as a deterrent, we would bring back public hangings)
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To: All; Nachum

Any computer people here want to get in on this?


7 posted on 12/25/2011 8:55:46 PM PST by 2ndDivisionVet (You can't invade the US. There'd be a rifle behind every blade of grass.~Admiral Yamamoto)
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To: JohnBrowdie

Wonder if Obama popularizing this would give an unexpected boost to Ron Paul? He’s such a fox.


8 posted on 12/25/2011 9:01:08 PM PST by HiTech RedNeck (Sometimes progressives find their scripture in the penumbra of sacred bathroom stall writings (Tzar))
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To: Nachum

The GOP’s ill advised bill banning internet poker in the runup to the 2008 election may have been the deciding factor in some close House races. It certainly didn’t help, at any rate.


9 posted on 12/25/2011 9:01:50 PM PST by balch3
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To: Nachum

I’m in favor of this. Gambling should be legal.


10 posted on 12/25/2011 9:21:39 PM PST by Skeez (O)
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To: Skeez

Some who don’t particularly care about the sin aspect of gambling might care about the ease with which electronic international gambling might enable international money laundering. Set up some bogus gambling house overseas, “lose” a bundle to it, and voila, money laundering. Easing up on domestic interstate and Indian reservation gambling might be a different story. That’s much easier to monitor, and also to tax.


11 posted on 12/25/2011 9:50:08 PM PST by HiTech RedNeck (Sometimes progressives find their scripture in the penumbra of sacred bathroom stall writings (Tzar))
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To: balch3
The GOP’s ill advised bill banning internet poker

I believe the bill was created based on a WTO ruling against the US of A and had we not taken such a step, a few islands would get the right to ignore US copyrights (legitimately, not that other nations would respect them anyway). The crux of the matter was that the US could not ban international gaming but allow it domestically. The question for the _Resident would be, "what changes have happened to make international electronic gambling a good thing for US to have?"

12 posted on 12/25/2011 9:58:11 PM PST by NonValueAdded ("At a time like this, we can't afford the luxury of thinking!")
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To: Nachum
Bread and Circuses. It worked for ancient Rome (for a while.)

Mark

13 posted on 12/25/2011 10:07:57 PM PST by MarkL (Do I really look like a guy with a plan?)
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To: Nachum; 2ndDivisionVet; balch3; eyedigress; HiTech RedNeck; JohnBrowdie; MarkL; NonValueAdded; ...
The Obama administration cleared the way for states to legalize Internet poker and certain other online betting in a switch that may help them reap billions in tax revenue and spur web-based gambling.

What kind of idiot would play online poker and NOT assume he was playing against computers across the web?

I know I would not bother 'playing' unless I had a computer telling me the best possible plays. Every other gullible poor sucker without a computer calling the shots would lose more often. Plus, how would people know the 'house / dealer / game' were legit? In many cases it probably is not.

BUT the biggest deal behind this story is that it is Obama's way to start TAXING and REGULATING the INTERNET. Then it would be just the tip of the iceberg.


14 posted on 12/25/2011 10:36:57 PM PST by Future Useless Eater (Chicago politics = corrupted capitalism = takeover by COMMUNity-ISM)
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To: Nachum

Speaking as a former prosecutor, shutting down online gambling is ridiculous and Federal overreach. Many other Nations handle it just fine and it creates little societal problems.

Legalize it. It worked just fine when online poker was permitted.


15 posted on 12/25/2011 11:10:47 PM PST by RIghtwardHo
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To: balch3
The GOP’s ill advised bill banning internet poker in the runup to the 2008 election may have been the deciding factor in some close House races. It certainly didn’t help, at any rate.

You are correct except for one thing, it was the 2006 race and it was one of the deciding factors in why we lost. The government has no business telling us we can't gamble.

16 posted on 12/25/2011 11:46:48 PM PST by calex59
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To: Future Useless Eater

I would love to play poker against a computer.


17 posted on 12/26/2011 3:01:06 AM PST by Dusty Road
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To: Nachum

That was Bill Frist bill to make it illeagal in the first place. Telling people whos money has been taxed about 6 times that they can’t play penny poker over their own computer with their own money in the comfort and privacey of their own over taxed home.Is why the republicans with their holier than thow horseshit attitude never get a second look from independents.
Or telling some vet who just got his legs blown off from fighting for 5 dollar a gallon gas that he may get arrested for betting 25 cents on an inside straight to pass the time away is why the Perrys,Sanotrum, bachmans of the world will never get my vote.


18 posted on 12/26/2011 6:21:56 AM PST by TShaunK
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To: Future Useless Eater
I've been playing poker online since 2003, and was making good money at it until the GOP ruined it back in 2006 by attaching this stupid ban to a Port security bill that no one would vote against. The ban itself never could pass on its own.
I never had a problem getting my money, nor were the games I played rigged. The top sites were for the most part legit, they make their money off of takeouts and fees, so rigging really wasn't in their best interests.
It's embarrassing that Americans are not welcome at most online poker sites, yet the Chinese and Russians are. SO much for freedom.
19 posted on 12/26/2011 7:34:15 AM PST by skully (I don't need no steenking tagline!!)
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To: Nachum

I’m always amazed at how otherwise-sane people on FR, who believe “MIND YOUR OWN BUSINESS” should be our first words spoken when talking to the government, will howl about the sins of gambling.

Freedom means being free to do whatever the hell you want, so long as you don’t interfere with the rights and freedoms of others. People used to say, “Your right to swing your fist ends at the tip of my nose” before the Nanny State Mentality took hold. (And too many here suffer from that affliction.)

If I want to play online poker, then LEAVE ME THE HELL ALONE! It’s my money and my choice. I don’t believe the games are rigged, but it’s none of YOUR DAMN BUSINESS if they are. If you don’t like it, don’t play. And don’t tell me what to do or what not to do.


20 posted on 12/26/2011 8:11:46 AM PST by DNME (A monarch's neck should always have a noose around it. It keeps him upright. - Robert Heinlein)
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To: Future Useless Eater

There would need to be a certification agency with suitable stature for foreign houses. The question also arises how can players know whether other players against them in the same rounds are counting cards? It has to be assumed they are, and for odds to be set accordingly, meaning it’s impossible to simulate non-counted games (unless for practice only, no stakes).

I suppose, if stupid people want to waste money and maybe get a virus or two in the bargain, it’s perhaps sufficient to warn them in advance. (Although even then there are antisocial aspects, like what is this likely to do to computers close to them, or that other people use.) But if foreign houses that play for stakes remain banned but state lotto plays are allowed online within a state, however, it should not be any further skin off of anyone’s nose if similar plays are allowed state-to-state, or state-to-Indian-reservation.


21 posted on 12/26/2011 1:59:01 PM PST by HiTech RedNeck (Sometimes progressives find their scripture in the penumbra of sacred bathroom stall writings (Tzar))
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To: DNME

If you want to physically visit Monte Carlo and blow a fortune and that floats your boat, well it does pose a puzzle with what happens with your dependents whose boat was torpedoed in the process. The US being the US, it will until it becomes politically/financially impossible put these dependents on various welfare program. Debtors prisons being gone with the Bill of Rights, it’s not like you will be stuck into one to try to make up the shortfall either.

But I see a more practical problem, and it’s one that a Republican administration and Congress can’t make go away. It’s the problem of money laundering. By gaming and losing to a storefront, one can transfer just about any amount of money in an unaccountable manner. OK, so you feel copacetic with drugs furnished under prescription quality supervision and arrangement (as I would too). I don’t feel so copacetic with funding Bubba Jihad’s violent little international mission mounted from Pakistan or Saudi Arabia. Nor do I feel that as long as Mexico still has drug cartels for whatever reason, we should feed them with guns.


22 posted on 12/26/2011 2:11:51 PM PST by HiTech RedNeck (Sometimes progressives find their scripture in the penumbra of sacred bathroom stall writings (Tzar))
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To: TShaunK

None of this prohibits personal meetings. If there is no exemption for computer-aided penny ante among people who have all physically met one another, then there ought to be one. This should be supported with real-money accounts up front, never credit cards.


23 posted on 12/26/2011 2:20:47 PM PST by HiTech RedNeck (Sometimes progressives find their scripture in the penumbra of sacred bathroom stall writings (Tzar))
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