LinkBack URL
About LinkBacksBad news for online poker players everywhere, especially the USA. The Department of the Treasury and the Federal Reserve Board today announced the release of a joint final rule to implement the Unlawful Internet Gambling Enforcement Act of 2006.
In laymans' terms, this means that while Americans will still be able to play online poker legally, it will be illegal for financial institutions to accept deposits for the purposes of online gambling.
http://www.federalreserve.gov/newsev...20081112a1.pdf
In short - this is not good.
However, this is a Republican motion and Barack Obama has already stated he wishes to protect the internet once inaugurated.
One of the promises on his website is to protect the Internet from censorship and government interference – surely a good sign for those affected by the Unlawful Internet Gambling Enforcement Act.
According to inside sources, the President-Elect has very strong opinions on how the internet should be governed, if at all. Obama, when President, expects to 'ensure the full and free exchange of ideas through an open Internet and diverse media outlets.'
Listing goals, the site says, 'Protect the Openness of the Internet: A key reason the Internet has been such a success is because it is the most open network in history. It needs to stay that way. Barack Obama strongly supports the principle of network neutrality to preserve the benefits of open competition on the Internet.'
Welcome to PokerForums.org
If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.
Results 1 to 10 of 31
Thread: UIGEA is final
-
11-12-2008 #1Staff News Poster
- Join Date
- Jun 2007
- Location
- London
- Posts
- 5,300
UIGEA is final
Last edited by MJPerry; 11-12-2008 at 04:30 PM.
-
11-12-2008 #2Chaser
- Join Date
- Aug 2008
- Location
- Birmingham AL
- Posts
- 164
So there will be no way to cash in or out?
-
11-12-2008 #3Poker Professional
- Join Date
- Oct 2007
- Location
- Melbourne, Australia
- Posts
- 1,532
damn thats twice you have beaten me to posting news on the WSOP ME and now the Yank laws
hate you right now mj
Originally Posted by tightagressive
-
11-12-2008 #4Poker Professional
- Join Date
- Jun 2007
- Posts
- 1,566
cashouts are protected under the law, but there will be no way for US players to cash in Originally Posted by theonejanitor
-
11-12-2008 #5Staff News Poster
- Join Date
- Jun 2007
- Location
- London
- Posts
- 5,300
Don't worry, I'm a pro. You can't hope to compete with me. Originally Posted by ngaskin
I am actually probably the most widely-read online casino newswriter on the internet. Fact.
-
11-12-2008 #6Staff News Poster
- Join Date
- Jun 2007
- Location
- London
- Posts
- 5,300
So basically ballas like you with several dozen thousand online are alright? Originally Posted by squeezyplayer
-
11-12-2008 #7Poker Professional
- Join Date
- Jun 2007
- Posts
- 1,566
nahhhhhh, this shit is still F'ing me straight in the B
-
11-12-2008 #8Stu Ungar
- Join Date
- May 2006
- Location
- USA - VA
- Posts
- 2,843
so pretty much nothing has changed? just us players cant depo?
-
11-12-2008 #9Poker Professional
- Join Date
- Jul 2007
- Posts
- 1,624
but Obama can reverse this?
Pozzerman: MrSpanky23 pwns almost as much as i do Originally Posted by MJPerry
-
11-12-2008 #10Stu Ungar
- Join Date
- May 2006
- Location
- USA - VA
- Posts
- 2,843
yes and he plans on and going to Originally Posted by KidPoker23
Reply With QuoteThread Information
Users Browsing this Thread
There are currently 1 users browsing this thread. (0 members and 1 guests)
