Possible loophole regarding U.S. players and online gambling??

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  • itchypickle
    SBR Posting Legend
    • 11-05-09
    • 21452

    #1
    Possible loophole regarding U.S. players and online gambling??
    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?
  • OmgUrMom
    Restricted User
    • 02-07-10
    • 8481

    #2
    so do you think it will be everyone, or just the 3 they hit? full tilt/stars, AP/UB

    also this could work out very well for partypoker perhaps if thats the case, as they would probably come back strong in the U.S. market (im assuming they would be allowed to because they stop letting U.S. players play as soon as that law was passed i think)
    Comment
    • frizzelli
      SBR Hall of Famer
      • 08-06-10
      • 8916

      #3
      Delusional
      Comment
      • itchypickle
        SBR Posting Legend
        • 11-05-09
        • 21452

        #4
        Originally posted by OmgUrMom
        so do you think it will be everyone, or just the 3 they hit? full tilt/stars, AP/UB

        also this could work out very well for partypoker perhaps if thats the case, as they would probably come back strong in the U.S. market (im assuming they would be allowed to because they stop letting U.S. players play as soon as that law was passed i think)
        Not sure, but knowing how the Mob works, I mean the Federal Govt ......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
        Comment
        • underthe total
          Restricted User
          • 05-29-10
          • 1487

          #5
          i think that if the u.s. gets involved the best we will see is 30 cent lines
          Comment
          • Fishhead
            SBR Aristocracy
            • 08-11-05
            • 40179

            #6
            Many here need to start reading other forums...............


            BIG NEWS approaching soon
            Comment
            • jgray
              SBR MVP
              • 09-06-09
              • 3599

              #7
              Originally posted by Fishhead
              Many here need to start reading other forums............... BIG NEWS approaching soon
              Care to clue in the ignorant masses as to what you are talking about? Or would you rather remain mysterious?
              Comment
              • minet123
                SBR Posting Legend
                • 02-17-07
                • 10280

                #8
                Originally posted by Fishhead
                Many here need to start reading other forums...............


                BIG NEWS approaching soon
                Could you spare us the cryptic BS for once
                Comment
                • itchypickle
                  SBR Posting Legend
                  • 11-05-09
                  • 21452

                  #9
                  Originally posted by Fishhead
                  Many here need to start reading other forums...............


                  BIG NEWS approaching soon

                  other forums?? There are no such things! SBR stands alone!!!!
                  Comment
                  • Fishhead
                    SBR Aristocracy
                    • 08-11-05
                    • 40179

                    #10
                    Originally posted by jgray
                    Care to clue in the ignorant masses as to what you are talking about? Or would you rather remain mysterious?

                    For starters, go read Sugerbear at TheRX
                    Comment
                    • onlooker
                      BARRELED IN @ SBR!
                      • 08-10-05
                      • 36572

                      #11
                      Originally posted by Fishhead


                      For starters, go read Sugerbear at TheRX
                      Why not just give us here at SBR the lowdown about it?
                      Comment
                      • Fishhead
                        SBR Aristocracy
                        • 08-11-05
                        • 40179

                        #12
                        Originally posted by onlooker
                        Why not just give us here at SBR the lowdown about it?

                        Because I don't know half of what the SOB is talking about....................but half of it makes perfect sense.
                        Comment
                        • jgray
                          SBR MVP
                          • 09-06-09
                          • 3599

                          #13
                          I know why Fish likes what Sugerbear is saying. He talks in riddles just like Fishhead.
                          Comment
                          • Fishhead
                            SBR Aristocracy
                            • 08-11-05
                            • 40179

                            #14
                            Originally posted by jgray
                            I know why Fish likes what Sugerbear is saying. He talks in riddles just like Fishhead.
                            Comment
                            • minet123
                              SBR Posting Legend
                              • 02-17-07
                              • 10280

                              #15
                              Originally posted by Fishhead
                              For starters, go read Sugerbear at TheRX
                              yes the big Goldman/Sachs/Pinnacle exchange is on the horizon
                              Comment
                              • nyplayer33
                                Restricted User
                                • 09-27-06
                                • 8303

                                #16
                                u will not get your money back unless the us govt changes law to allow gambling..how can they pay you..they can't...no checks nada
                                Comment
                                • underthe total
                                  Restricted User
                                  • 05-29-10
                                  • 1487

                                  #17
                                  its says to me that cantor sports has the ability to go live now with online gambling in the u.s. and he insinuates that it will happen, this sugar bear, i dont know him, but he says he is involved
                                  Comment
                                  • underthe total
                                    Restricted User
                                    • 05-29-10
                                    • 1487

                                    #18
                                    what is he talking about MW?
                                    Comment
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