1. 10-26-17 12:09 PM #1
    USCPHILLYGUY
    HORSES MODERATOR
    USCPHILLYGUY's Avatar SBR PRO
    Join Date: 12-15-12
    Posts: 21,738
    Betpoints: 29335

    Pennsylvania The Latest State To Offer Online Poker!!

    Bill just passed today



    https://www.onlinepokerreport.com/us/pa/
    Reply With Quote Reply With Quote
  2. 10-26-17 12:17 PM #2
    PeterJohnson
    Sharpest Of The Sharp!
    PeterJohnson's Avatar Become A Pro!
    Join Date: 10-10-17
    Posts: 908
    Betpoints: 77

    Finally! Now i can play on Pokerstars again.





    Quote Originally Posted by USCPHILLYGUY View Post
    Bill just passed today



    https://www.onlinepokerreport.com/us/pa/
    Reply With Quote Reply With Quote
  3. 10-26-17 12:20 PM #3
    jtoler
    jtoler's Avatar Become A Pro!
    Join Date: 12-17-13
    Posts: 30,967
    Betpoints: 6337

    What does this mean.
    Reply With Quote Reply With Quote
  4. 10-26-17 12:23 PM #4
    RudyRuetigger
    Leave of absence until March Madness
    RudyRuetigger's Avatar Become A Pro!
    Join Date: 08-24-10
    Posts: 64,799
    Betpoints: 55

    Quote Originally Posted by jtoler View Post
    What does this mean.
    figured a democrat would ask this

    it means Pennsylvania is the latest to offer online poker
    Reply With Quote Reply With Quote
  5. 10-26-17 12:24 PM #5
    PeterJohnson
    Sharpest Of The Sharp!
    PeterJohnson's Avatar Become A Pro!
    Join Date: 10-10-17
    Posts: 908
    Betpoints: 77

    Actually looks like Pokerstars still might not be available because of the processing method but im not sure if PS accepts Bitcoin as a deposit method.
    Reply With Quote Reply With Quote
  6. 10-26-17 12:25 PM #6
    JAKEPEAVY21
    JAKEPEAVY21's Avatar SBR PRO
    Join Date: 03-11-11
    Posts: 28,189
    Betpoints: 47523

    Quote Originally Posted by jtoler View Post
    What does this mean.
    it means that phillyguy will be in his undies all day and getting all meals delivered
    Reply With Quote Reply With Quote
  7. 10-26-17 12:29 PM #7
    jtoler
    jtoler's Avatar Become A Pro!
    Join Date: 12-17-13
    Posts: 30,967
    Betpoints: 6337

    Quote Originally Posted by RudyRuetigger View Post
    figured a democrat would ask this

    it means Pennsylvania is the latest to offer online poker
    (Not a democrat) Guess Im a little confused, what was stopping people living in Penn. before from playing online?
    Last edited by jtoler; 10-26-17 at 12:32 PM.
    Reply With Quote Reply With Quote
  8. 10-26-17 12:37 PM #8
    thechaoz
    2019 SBRs Toughest Poster
    thechaoz's Avatar Become A Pro!
    Join Date: 10-23-09
    Posts: 12,155
    Betpoints: 35902

    Quote Originally Posted by jtoler View Post
    (Not a democrat) Guess Im a little confused, what was stopping people living in Penn. before from playing online?
    Exactly. It won't be the international player pool
    Reply With Quote Reply With Quote
  9. 10-26-17 12:44 PM #9
    badgerguy
    badgerguy's Avatar Become A Pro!
    Join Date: 03-21-13
    Posts: 2,281
    Betpoints: 536

    Not fair
    Reply With Quote Reply With Quote
  10. 10-26-17 12:49 PM #10
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    helps but they need all 50 states pooled together
    Reply With Quote Reply With Quote
  11. 10-26-17 12:51 PM #11
    RudyRuetigger
    Leave of absence until March Madness
    RudyRuetigger's Avatar Become A Pro!
    Join Date: 08-24-10
    Posts: 64,799
    Betpoints: 55

    Quote Originally Posted by jtoler View Post
    (Not a democrat) Guess Im a little confused, what was stopping people living in Penn. before from playing online?
    bro you changed this post 3 times

    I'm not answering it all
    Reply With Quote Reply With Quote
  12. 10-26-17 01:00 PM #12
    USCPHILLYGUY
    HORSES MODERATOR
    USCPHILLYGUY's Avatar SBR PRO
    Join Date: 12-15-12
    Posts: 21,738
    Betpoints: 29335

    Quote Originally Posted by JAKEPEAVY21 View Post
    it means that phillyguy will be in his undies all day and getting all meals delivered



    If Poker Stars NJ has no issue with traffic, cant see why it would be an issue in PA
    Reply With Quote Reply With Quote
  13. 10-26-17 01:04 PM #13
    PeterJohnson
    Sharpest Of The Sharp!
    PeterJohnson's Avatar Become A Pro!
    Join Date: 10-10-17
    Posts: 908
    Betpoints: 77

    Quote Originally Posted by jtoler View Post
    (Not a democrat) Guess Im a little confused, what was stopping people living in Penn. before from playing online?
    What Americas Cardroom, BOL, Black Chip Poker ...... Basically the main reason is it opens it up to all the biggest named sites for online poker like Pokerstars, 888, Party Poker, etc more $$$ out there more bang for your buck.
    Reply With Quote Reply With Quote
  14. 10-26-17 01:04 PM #14
    jtoler
    jtoler's Avatar Become A Pro!
    Join Date: 12-17-13
    Posts: 30,967
    Betpoints: 6337

    Quote Originally Posted by RudyRuetigger View Post
    bro you changed this post 3 times

    I'm not answering it all
    Hence the confusion.
    Reply With Quote Reply With Quote
  15. 10-26-17 01:07 PM #15
    PeterJohnson
    Sharpest Of The Sharp!
    PeterJohnson's Avatar Become A Pro!
    Join Date: 10-10-17
    Posts: 908
    Betpoints: 77

    Quote Originally Posted by USCPHILLYGUY View Post


    If Poker Stars NJ has no issue with traffic, cant see why it would be an issue in PA



    PokerStars may be blocked due to the bill’s bad actor clause. The bad actor clause is the result of the Unlawful Internet Gambling Enforcement Act (UIGEA). Passed in 2006, it prohibited banks from processing transactions from illegal gambling businesses. PokerStars was one of a handful of online poker sites still operating after UIGEA’s passage, and eventually indicted by the Department of Justice on April 15, 2011; known to the poker world as Black Friday.
    As well, under this clause, a company purchasing assets following the passage of the UIGEA would not be allowed to offer online poker. While PokerStars is now owned by Amaya, Inc, PokerStars is considered a tainted asset and may be banned.
    However, in the latest bill, HB 649, there is no mention of the bad actor clause, providing PokerStars the opportunity to to be granted a license when online poker becomes regulated in the state.
    Reply With Quote Reply With Quote
  16. 10-26-17 01:16 PM #16
    SharpAngles
    SharpAngles's Avatar Become A Pro!
    Join Date: 04-15-14
    Posts: 9,467
    Betpoints: 1638

    Quote Originally Posted by PeterJohnson View Post
    PokerStars may be blocked due to the bill’s bad actor clause. The bad actor clause is the result of the Unlawful Internet Gambling Enforcement Act (UIGEA). Passed in 2006, it prohibited banks from processing transactions from illegal gambling businesses. PokerStars was one of a handful of online poker sites still operating after UIGEA’s passage, and eventually indicted by the Department of Justice on April 15, 2011; known to the poker world as Black Friday.
    As well, under this clause, a company purchasing assets following the passage of the UIGEA would not be allowed to offer online poker. While PokerStars is now owned by Amaya, Inc, PokerStars is considered a tainted asset and may be banned.
    However, in the latest bill, HB 649, there is no mention of the bad actor clause, providing PokerStars the opportunity to to be granted a license when online poker becomes regulated in the state.
    Three categories of online gaming licenses

    H 271 breaks online gaming into three categories, each requiring a separate license:

    • Online slot machines
    • Online house-banked table games
    • Online poker, peer-to-peer games

    Pennsylvania casinos will have first crack at licenses.
    Within the first 90 days they can apply for all three licenses at a cost of $10 million. After 90 days the cost is $4 million per license.
    After 120 days “qualified entities” from outside of Pennsylvania can apply for and receive an interactive license at a cost of $4 million per license.
    Here’s the portion of the bill dealing with online gambling.


    Qualified entities is code for bad actor. These states are setting up monopolies to extract extra tax revenue, they are in no way looking for a competitive environment. This is bad news for poker players yet many are celebrating because they don’t understand they’re getting screwed. The rake they’ll be dragging to cover the 14% tax rate will make the games basically unbeatable.
    Nomination(s):
    This post was nominated 1 time . To view the nominated thread please click here. People who nominated: bonzaii
    Reply With Quote Reply With Quote 1
  17. 10-26-17 01:19 PM #17
    USCPHILLYGUY
    HORSES MODERATOR
    USCPHILLYGUY's Avatar SBR PRO
    Join Date: 12-15-12
    Posts: 21,738
    Betpoints: 29335

    Sharpy I beg to differ.
    Reply With Quote Reply With Quote
  18. 10-26-17 01:32 PM #18
    PeterJohnson
    Sharpest Of The Sharp!
    PeterJohnson's Avatar Become A Pro!
    Join Date: 10-10-17
    Posts: 908
    Betpoints: 77

    Either way it's still a good sign if your from Pennsylvania
    Reply With Quote Reply With Quote
  19. 10-26-17 01:35 PM #19
    RudyRuetigger
    Leave of absence until March Madness
    RudyRuetigger's Avatar Become A Pro!
    Join Date: 08-24-10
    Posts: 64,799
    Betpoints: 55

    philly I wouldn't mind sharing a prostitute with you if you are not wanting to spend full retail

    I will go first though and spend 25%
    Reply With Quote Reply With Quote
  20. 10-26-17 01:56 PM #20
    bobbywaves
    bobbywaves's Avatar Become A Pro!
    Join Date: 05-06-08
    Posts: 13,278
    Betpoints: 960

    Quote Originally Posted by jtoler View Post
    what was stopping people living in Penn. before from playing online?
    Their IP address.
    Reply With Quote Reply With Quote
  21. 10-26-17 02:00 PM #21
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    Poker so 2008
    Reply With Quote Reply With Quote
  22. 10-26-17 02:08 PM #22
    rkelly110
    rkelly110's Avatar SBR PRO
    Join Date: 10-05-09
    Posts: 39,172
    Betpoints: 10576

    Quote Originally Posted by jjgold View Post
    Poker so 2008
    I don't have patients for poker, therfore poker sucks.
    Reply With Quote Reply With Quote
  23. 10-26-17 02:13 PM #23
    jtoler
    jtoler's Avatar Become A Pro!
    Join Date: 12-17-13
    Posts: 30,967
    Betpoints: 6337

    Quote Originally Posted by bobbywaves View Post
    Their IP address.
    Easy to get around, as well as address.
    Reply With Quote Reply With Quote
  24. 10-26-17 02:30 PM #24
    b1slickguy
    WDKYWMYAK
    b1slickguy's Avatar SBR PRO
    Join Date: 11-24-11
    Posts: 11,106
    Betpoints: 29814

    Quote Originally Posted by rkelly110 View Post
    I don't have patients for poker, therfore poker sucks.
    I never knew you were a doctor.

    Reply With Quote Reply With Quote
  25. 10-26-17 02:32 PM #25
    klemopixx
    Shit just got real.
    klemopixx's Avatar SBR PRO
    Join Date: 10-02-14
    Posts: 3,701
    Betpoints: 2395

    14% rake? Garbage!

    Unless I'm playing Omaha Hi/Lo against the bums from SBR then I won't make a dime!
    Reply With Quote Reply With Quote
  26. 10-26-17 02:42 PM #26
    USCPHILLYGUY
    HORSES MODERATOR
    USCPHILLYGUY's Avatar SBR PRO
    Join Date: 12-15-12
    Posts: 21,738
    Betpoints: 29335

    Quote Originally Posted by klemopixx View Post
    14% rake? Garbage!

    Unless I'm playing Omaha Hi/Lo against the bums from SBR then I won't make a dime!
    rake is no where near 14%.....I believe the 14% is the tax rate
    Reply With Quote Reply With Quote
  27. 10-26-17 02:55 PM #27
    shocka1212
    [Too Long]
    shocka1212's Avatar Become A Pro!
    Join Date: 10-06-12
    Posts: 16,788
    Betpoints: 3355

    now all those guys registering cars to mobile homes to save a few extra bucks on auto insurance will blow all the money they saved.... system wins again
    Reply With Quote Reply With Quote
  28. 10-26-17 03:01 PM #28
    rkelly110
    rkelly110's Avatar SBR PRO
    Join Date: 10-05-09
    Posts: 39,172
    Betpoints: 10576

    Quote Originally Posted by b1slickguy View Post
    I never knew you were a doctor.

    Replying to JJ, you know the drill.
    Reply With Quote Reply With Quote
  29. 10-26-17 03:14 PM #29
    nyplayer33
    nyplayer33's Avatar Become A Pro!
    Join Date: 09-27-06
    Posts: 8,305
    Betpoints: 106

    USA took how many years to start passing this..classic
    Reply With Quote Reply With Quote
  30. 10-26-17 03:45 PM #30
    SharpAngles
    SharpAngles's Avatar Become A Pro!
    Join Date: 04-15-14
    Posts: 9,467
    Betpoints: 1638

    Quote Originally Posted by klemopixx View Post
    14% rake? Garbage!

    Unless I'm playing Omaha Hi/Lo against the bums from SBR then I won't make a dime!
    14% is the tax rate they’ll have to pay to the state. Add the minimum $4 million license fee and you can expect well above that to be raked for them to make any money. But hey, at least online poker is back right
    Reply With Quote Reply With Quote
  31. 10-26-17 03:58 PM #31
    USCPHILLYGUY
    HORSES MODERATOR
    USCPHILLYGUY's Avatar SBR PRO
    Join Date: 12-15-12
    Posts: 21,738
    Betpoints: 29335

    Quote Originally Posted by SharpAngles View Post
    14% is the tax rate they’ll have to pay to the state. Add the minimum $4 million license fee and you can expect well above that to be raked for them to make any money. But hey, at least online poker is back right
    sharpy you're throwing out a lot of numbers here....do you actually know what the rake is in NJ
    Reply With Quote Reply With Quote
  32. 10-26-17 04:22 PM #32
    SharpAngles
    SharpAngles's Avatar Become A Pro!
    Join Date: 04-15-14
    Posts: 9,467
    Betpoints: 1638

    The numbers I’m “throwing out” are directly from the link in your OP.

    Also saw this from OPR so wouldnt get too excited. Much like the situation in California the Pennsylvania B&M casinos are not happy about this development and will more than likely be suing to block this legislation.

    https://www.onlinepokerreport.com/27...gambling-bill/

    Penn National not happy

    Penn National, which operates Hollywood Casino, apparently is not very pleased with the bill.
    The Reading Eagle reported that the company would consider suing to stop the bill:
    D. Eric Schippers, vice president of public affairs, called the 470-page gambling bill that was part of a package to fund the budget an “ill-conceived plan that has been rushed through” and would particularly harm the company’s Hollywood Casino in Dauphin County near Harrisburg.
    “We’re considering our legal options because this would have a uniquely punitive effect on our casino, more so than any other casino in the state,” Schippers said.
    Mostly, PN appears to take issue with the satellite casinos that it says would impact it more than other casinos around the state. It would be a willing participant in online gambling.
    In its earnings call on Thursday morning, Penn National and Schippers were a little less bombastic about the bill. The call was literally going on as the bill was being debated on the House floor.
    Schippers said the bill has some “significant flaws,” including the 54 percent tax rate for slots, in the call. PN did not indicate it would definitely take the legal action suggested above.
    “We’re going to have to weigh all our options, and we’re going to have to dissect the 970 pages and go from there,” Schippers said.
    Reply With Quote Reply With Quote
  33. 10-26-17 04:24 PM #33
    USCPHILLYGUY
    HORSES MODERATOR
    USCPHILLYGUY's Avatar SBR PRO
    Join Date: 12-15-12
    Posts: 21,738
    Betpoints: 29335

    Quote Originally Posted by SharpAngles View Post
    The numbers I’m “throwing out” are directly from the link in your OP.

    Also saw this from OPR so wouldnt get too excited. Much like the situation in California the Pennsylvania B&M casinos are not happy about this development and will more than likely be suing to block this legislation.

    https://www.onlinepokerreport.com/27...gambling-bill/

    Penn National not happy

    Penn National, which operates Hollywood Casino, apparently is not very pleased with the bill.
    The Reading Eagle reported that the company would consider suing to stop the bill:
    D. Eric Schippers, vice president of public affairs, called the 470-page gambling bill that was part of a package to fund the budget an “ill-conceived plan that has been rushed through” and would particularly harm the company’s Hollywood Casino in Dauphin County near Harrisburg.
    “We’re considering our legal options because this would have a uniquely punitive effect on our casino, more so than any other casino in the state,” Schippers said.
    Mostly, PN appears to take issue with the satellite casinos that it says would impact it more than other casinos around the state. It would be a willing participant in online gambling.
    In its earnings call on Thursday morning, Penn National and Schippers were a little less bombastic about the bill. The call was literally going on as the bill was being debated on the House floor.
    Schippers said the bill has some “significant flaws,” including the 54 percent tax rate for slots, in the call. PN did not indicate it would definitely take the legal action suggested above.
    “We’re going to have to weigh all our options, and we’re going to have to dissect the 970 pages and go from there,” Schippers said.
    Sharpy I'm talking about the rake....
    Reply With Quote Reply With Quote
  34. 10-26-17 04:30 PM #34
    bobbywaves
    bobbywaves's Avatar Become A Pro!
    Join Date: 05-06-08
    Posts: 13,278
    Betpoints: 960

    Quote Originally Posted by jtoler View Post
    Easy to get around, as well as address.
    Apparently it wasn't easy to get around for Mr. Peter Johnson & the majority of PA. residents:

    Quote Originally Posted by PeterJohnson View Post
    Finally! Now i can play on Pokerstars again.
    Reply With Quote Reply With Quote
  35. 10-26-17 04:30 PM #35
    SharpAngles
    SharpAngles's Avatar Become A Pro!
    Join Date: 04-15-14
    Posts: 9,467
    Betpoints: 1638

    Philly it doesn’t take a rocket scientist to figure that any site paying $4 million in licensing plus 14% of revenues in taxes is going to pass that cost to the players. If you don’t mind that great good for you, I’m just putting it out there that these state schemes are not good for online poker. We need national regulation that includes all states to make the juice worth the squeeze.
    Reply With Quote Reply With Quote
12 Last
Top
« Previous Thread | Players Talk | Next Thread »