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House Subcommittee to Hold Internet Gaming Hearing on October 25th

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  1. Dan Dan is offline Administrator

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    Oct 18th, 2011 (10/18/2011 10:20pm)

    Big news for U.S. poker players. No markup of any internet gambling bill is planned, but this should pave the way for the eventual markup of HR 2366. That bill was introduced by Joe Barton (R-TX) and would legalize and regulate online poker in the U.S. Here's more info on the hearing:

    http://www.pocketfives.com/articles/...earing-586867/
     
  2. sidgucci sidgucci is offline

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    Oct 18th, 2011 (10/18/2011 10:38pm) in reply to Dan

    I am so looking forward to the day when I visit P5's and read the announcement that we're live again with online poker in the US!
  3. wackyJaxon wackyJaxon is offline Admin X

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    Oct 18th, 2011 (10/18/2011 10:43pm) in reply to sidgucci

     
    Originally Posted by sidgucci View Post

    I am so looking forward to the day when I visit P5's and read the announcement that we're live again with online poker in the US!

    Would love to see this too.

    I find it interesting that this bill is proposed by Republicans and seems to have bi-partisan support. Let's hope it passes before 2012 rolls around. Election year might lend to a stalling on any bills of this nature being introduced and voted on.
      1 
  4. sidgucci sidgucci is offline

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    Oct 18th, 2011 (10/18/2011 10:49pm) in reply to wackyJaxon

    What does the best case scenario look like and what sort of timeline would that require? The bill needs to be marked up and then approved by a committee first, correct? If approved does the bill then go to the full house of reps for vote and then to the senate?
  5. pokerproplaya08 pokerproplaya08 is offline

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    Oct 18th, 2011 (10/18/2011 10:50pm) in reply to wackyJaxon

     
    Originally Posted by wackyJaxon View Post

    Would love to see this too.

    I find it interesting that this bill is proposed by Republicans and seems to have bi-partisan support. Let's hope it passes before 2012 rolls around. Election year might lend to a stalling on any bills of this nature being introduced and voted on.

    If we don't have online poker given the thumbs up by December, its not going to happen until 2013 at the earliest. 0.012% chance it happens during election year.
    Edited By: pokerproplaya08 Oct 18th, 2011 at 10:51 PM
    Reason: spell check!
  6. pokerscrub1 pokerscrub1 is offline

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    Oct 18th, 2011 (10/18/2011 11:23pm) in reply to pokerproplaya08

    i would like to use my 643rd "one time!!!!!!!!"
     
  7. Dan Dan is offline Administrator

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    Oct 18th, 2011 (10/18/2011 11:52pm) in reply to sidgucci

     
    Originally Posted by sidgucci View Post

    What does the best case scenario look like and what sort of timeline would that require? The bill needs to be marked up and then approved by a committee first, correct? If approved does the bill then go to the full house of reps for vote and then to the senate?

    The best case scenario would be that HR 2366 gets tacked as a funding measure to another bill. This could come through the supercommittee, but I'm not sure of a time line. I don't see HR 2366, or any internet gaming bill, being passed as a standalone bill through the House and Senate. I think it needs to be a rider, just how the UIGEA was in 2006. If it's not done by the end of the year, I think you're looking at 2013 at the earliest.
     
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  8. 13inches 13inches is offline

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    Oct 19th, 2011 (10/19/2011 12:28am) in reply to Dan

    I just hope that asshole from the Commerce Casino doesn't show up as a 'witness' to testify against legalizing online poker. That prick is just trying to protect his own paycheck.
    Edited By: 13inches Oct 19th, 2011 at 12:31 AM
  9. duece9ofRed duece9ofRed is offline

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    Oct 19th, 2011 (10/19/2011 12:31am) in reply to 13inches

    this is all i want for christmas
  10. Dan Dan is offline Administrator

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    Oct 19th, 2011 (10/19/2011 6:49am) in reply to 13inches

     
    Originally Posted by 13inches View Post

    I just hope that asshole from the Commerce Casino doesn't show up as a 'witness' to testify against legalizing online poker. That prick is just trying to protect his own paycheck.

    I'll let you know the witness list as soon as I get it.
     
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  11. sidgucci sidgucci is offline

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    Oct 19th, 2011 (10/19/2011 1:42pm) in reply to Dan

    Dan, thanks for the explanation on the best case scenario. If the bill is successfully added to another bill as a funding measure and passes, do you suppose US players are still facing a lengthy time before it becomes officially rolled out and legalized?

    When the UIGEA was passed in the midnight hour, there was still a year long period where the bill was not actually enforceable to give the banks sufficient time to react to the new guidelines.

    I'm going to be optimistic with the thought that it will be added to another bill and passed before the end of the year.
  12. Dan Dan is offline Administrator

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    Oct 19th, 2011 (10/19/2011 5:38pm) in reply to sidgucci

     
    Originally Posted by sidgucci View Post

    Dan, thanks for the explanation on the best case scenario. If the bill is successfully added to another bill as a funding measure and passes, do you suppose US players are still facing a lengthy time before it becomes officially rolled out and legalized?

    When the UIGEA was passed in the midnight hour, there was still a year long period where the bill was not actually enforceable to give the banks sufficient time to react to the new guidelines.

    I'm going to be optimistic with the thought that it will be added to another bill and passed before the end of the year.

    That's a great question. It really depends on the text of the final bill. There were over a dozen amendments to the last i-gaming bill that was marked up in committee, so I'd expect something similar this time around. I don't think you'll be able to play immediately; there's going to have to be some down time to ramp up the licensing system and get that going, but how long it will be remains to be seen.
     
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  13. Dan Dan is offline Administrator

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    Oct 21st, 2011 (10/21/2011 6:39pm) in reply to Dan

    The witness list for this hearing was announced today, by the way:
    http://energycommerce.house.gov/hear...px?NewsID=9027
     
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  14. tyson219 tyson219 is offline Moderator

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    Oct 21st, 2011 (10/21/2011 10:32pm) in reply to Dan

    Does anyone have information on Kurt Eggert and his stance on poker? I see he's written articles about protecting consumers from house games, but don't see anything re: poker. Same with Romer? I think Romer is anti-online gaming/poker based on his research about problem gambling in teens, but can't quite tell.

    Obviously FairPlay and the PPA are pro-online poker. Presumably, the National Indian Gaming Association and National Council on Problem Gambling are against it.

    If Eggert and Romer are both anti-poker, seems like the deck is stacked a bit against the pro-online poker argument.
     969 
  15. Dan Dan is offline Administrator

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    Oct 22nd, 2011 (10/22/2011 12:19am) in reply to tyson219

    Here's our article about the witness list and trying to break down what certain witnesses are going to say. Pretty interesting read:

    http://www.pocketfives.com/articles/...nesses-586877/

    Tyson, NCPG is not against online poker. I interviewed Keith in the article and so you should take a look. NCPG just wants to ensure that problem gambling is adequately addressed in whatever bill is ultimately discussed or passed.

    I haven't heard anything about Eggert. Romer is similar to NCPG in that he'll address underage gambling. I don't think he'll be for or against online poker or i-gaming. Instead, I think he's more concerned that underage gambling is addressed. I have his phone number and am going to give him a call on Monday to get a gist of his testimony.
     
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  16. sidgucci sidgucci is offline

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    Oct 22nd, 2011 (10/22/2011 6:56pm) in reply to Dan

    One industry insider told Card Player that “the chances of a poker bill happening in 2011 are 50-50 between Thanksgiving and Christmas.” If such legislation was approved, U.S. gaming companies could offer real money poker by January 2013.

    http://www.cardplayer.com/poker-news...t-online-poker

    Jan, 2013 is the earliest? Ouch!
  17. Dan Dan is offline Administrator

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    Oct 23rd, 2011 (10/23/2011 4:51am) in reply to sidgucci

     
    Originally Posted by sidgucci View Post

    One industry insider told Card Player that “the chances of a poker bill happening in 2011 are 50-50 between Thanksgiving and Christmas.” If such legislation was approved, U.S. gaming companies could offer real money poker by January 2013.

    http://www.cardplayer.com/poker-news...t-online-poker

    Jan, 2013 is the earliest? Ouch!

    The 2013 time line is what I have been hearing. Also, online poker legislation seems likely to be more successful on a state by state basis instead of on a national basis. We regulate gambling at a state level. Lotteries are all on a state level. Seems logical that internet gambling would also be on a state level]. I have never heard an industry insider say we're 50-50 between Thanksgiving and Christmas, so I would take that with a grain of salt.
     
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