Anyone else here familiar with H.R. 1174 in Congress?
Basically it's a bipartisan bill introduced last month by 2 Republicans and 2 Democrats that was recently referred to a subcommittee on 4 April that would tweak the existing law by allowing U.S. players to play online but the catch is: Dept of Treasury will regulate it (tax man gets his cut) and 'any previous company who illegally accepted U.S. funds to aid players will be exempt from taking future deposits' thereby pretty much wiping clean the old system and a creating new one. It's not the best idea to me, but hey, if it allows us to pay some poker again...let's roll.
I think the past weeks indictments against 'the big 3' was a step to set an example that the govt will be in charge from here out, and just step out of the way and let them regulate play....any thoughts?
Basically it's a bipartisan bill introduced last month by 2 Republicans and 2 Democrats that was recently referred to a subcommittee on 4 April that would tweak the existing law by allowing U.S. players to play online but the catch is: Dept of Treasury will regulate it (tax man gets his cut) and 'any previous company who illegally accepted U.S. funds to aid players will be exempt from taking future deposits' thereby pretty much wiping clean the old system and a creating new one. It's not the best idea to me, but hey, if it allows us to pay some poker again...let's roll.

I think the past weeks indictments against 'the big 3' was a step to set an example that the govt will be in charge from here out, and just step out of the way and let them regulate play....any thoughts?

......they will allow the big 3 back in eventually..for an added % of their market share as well of course. They'll just have to move their accounts here to allow the treasury to grab the double taxation they are accustom too i.e. we pay taxes on our winnings...and the losses are basically given in taxes as soon as the big 3 pays their share of corporate tax. Amazing how that happens
There are no such things! SBR stands alone!!!!
