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Article: Financial Services Committee to Hold UIGEA Bills Hearing

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  1. Dan Dan is online now Administrator

    Posts: 5,244
    Joined: May 06

    Nov 25th, 2009 (11/25/2009 12:38am)

     
  2. Presto136 Presto136 is offline

    Houston, TX
    United States

    Posts: 128
    Joined: Jul 07

    Nov 25th, 2009 (11/25/2009 12:56am) in reply to Dan

    <p>Wasn't Kentucky the first state to try to prevent online gambling? I'm glad they changed their minds</p>
     
  3. Illini213 Illini213 is offline

    Costa Rica

    Posts: 889
    Joined: Sep 07

    Nov 25th, 2009 (11/25/2009 1:29am) in reply to Dan

    <p>This looks like a move in the right direction</p>
    12 1
  4. ImaLuckSac ImaLuckSac is offline

    Port Coquitlam
    Canada

    Posts: 539
    Joined: Dec 06

    Nov 25th, 2009 (11/25/2009 4:41am) in reply to Dan

    <p>“One thing players should be clear of is that getting money off of an online poker site would be affected. The UIGEA regulations only affect deposits, not payouts. I don’t think there’s a fear of having money stranded online.”</p>
    <p>The only thing clear about that statement is its blatant contratictions.  </p>
    <p>I've always been upfront with my banks about where my checks come from, which means now I cannot deposit.</p>
    74 41
  5. Dan Dan is online now Administrator

    Posts: 5,244
    Joined: May 06

    Nov 25th, 2009 (11/25/2009 9:56am) in reply to Dan

    <p>I apologize. He said that withdrawals would NOT be affected and changed the quote accordingly. The UIGEA affects deposits, not withdrawals. It ultimately will depend on how the regulations are enacted.</p>
     
    Thread Starter
  6. S.TxCoyote S.TxCoyote is offline

    San Antonio, TX
    United States

    Posts: 1
    Joined: Nov 09

    Nov 25th, 2009 (11/25/2009 11:09am) in reply to Dan

    <p>I think having a tax will make the whole online gaming honest, no bull with deposits and payouts.  I think its working, I think the US gov. has some sites now and it seems to be working out,,,,,,Hello CakeNetwork,,,,only US players,,wow.  All info. on the deposits and payout,,,watch out for the IRS at the front door.  lol</p>
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