PPA on the impending UIGEA regulation implementation

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  1. TheEngineer TheEngineer is offline Rich Muny - PPA Board VP

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    Oct 23rd, 2009 (10/23/2009 3:08pm)

    <span>The Unlawful Internet Gambling Enforcement Act (UIGEA) is scheduled to go into full effect on Dec. 1, 2009. PPA's Executive Director John Pappas discusses the upcoming date, actions the PPA is taking and how this might impact online poker.</span>
     
  2. Projekt420 Projekt420 is offline

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    Oct 23rd, 2009 (10/23/2009 3:11pm) in reply to TheEngineer

    Is the audio non-existent for anyone else?
  3. Cyanide84 Cyanide84 is offline

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    Oct 23rd, 2009 (10/23/2009 3:40pm) in reply to Projekt420

    what exactly will happen when this does go into effect?
  4. xxbossmanxx xxbossmanxx is offline

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    Oct 23rd, 2009 (10/23/2009 5:15pm) in reply to Cyanide84

     
    Originally Posted by Cyanide84 View Post

    what exactly will happen when this does go into effect?

    It wont be good. It will prob. cripple the movement of funds worse than ever before.

    Had to bump this thread. If any of you guys havnt supported the PPA by at least using the EZ online forms to send letters then please do.
  5. sheila12 sheila12 is offline

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    Oct 23rd, 2009 (10/23/2009 5:30pm) in reply to xxbossmanxx

    Call me naive but it seems that banks are already doing everything they can to stop transactions. I can't see the current situation changing much from its current state. Checks can come from international locations to pay players and third party payment processors can be setup to accept deposits.

    Hopefully the powers that be will come to their senses and realize that online poker can be a great source of revenue for the gov't and that trying to stop it is just a waste of resources (much like the federal gov't fight against states that allow marijuana use for medicinal purposes).
  6. adamsapple19 adamsapple19 is offline

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    Oct 23rd, 2009 (10/23/2009 5:52pm) in reply to TheEngineer

    thanks for the vid engineer, good work as always

    i hope they get it pushed back a year
     
  7. apology7 apology7 is offline Cake Poker PLB Champ

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    Oct 23rd, 2009 (10/23/2009 6:17pm) in reply to TheEngineer

    bump. thanks engineer.
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  8. Deoxyribo Deoxyribo is offline

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    Oct 23rd, 2009 (10/23/2009 10:25pm) in reply to apology7

    anyone know if this will affect checks only or bankwires and wire transfers too??
     
  9. DeaconMike DeaconMike is online now

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    Oct 23rd, 2009 (10/23/2009 10:38pm) in reply to Deoxyribo

    I don't understand why the poker sites don't limit withdrawals to one a month and then cut a check from the account the sites money is actually in instead of sending it to a shady processor that stands a good chance of getting pinched. Better yet, send a bank money order. Just a thought.
  10. TheEngineer TheEngineer is offline Rich Muny - PPA Board VP

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    Oct 24th, 2009 (10/24/2009 1:40am) in reply to DeaconMike

     
    Originally Posted by DeaconMike View Post

    I don't understand why the poker sites don't limit withdrawals to one a month and then cut a check from the account the sites money is actually in instead of sending it to a shady processor that stands a good chance of getting pinched. Better yet, send a bank money order. Just a thought.

    They'll be trying many approaches.
     
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