The Feds backing off..

[MartinBlank]

Yesterday we had a thread about the DOJ basically refusing to no longer pursue UIGEA.

Turns out the decision was made back in September, and was just announced/told to Congress yesterday.

There is an article in today's NYPost, and the WSJ about the decision, if you guys want it, I can link it.

But. The bottom line is this. The DOJ is making a distinction between Poker and Gambling on Sports. They have decided that states can implement their own online gambling efforts---allowing for poker rooms to pop up at the state level, but they will not allow sports wagering.

Most of the big casinos are jumping for joy at the decision---and some of the european gaming companies stock prices soared on this news.

It is going to be interesting to look this a year from now.

[daneblazer]

it's all part of the plan

[mnpickle]

Will the DOJ be less stingy on off-shore sportsbook? Will it become easier for us folks to deposit?

[big joe 1212]

I don't understand why the government just don't start their own poker site. They could rake in so much money. Would solve a lot of the debt worries.

[daneblazer]

I don't understand why the government just don't start their own poker site. They could rake in so much money. Would solve a lot of the debt worries.

Judging on how well the post office is working, if they ever ran a poker site it'd make Bodog Poker look like a fortune 500 company.

[Legions36]

Does this mean Pokerstars will be coming back any time soon?

[The Sensei]

Does this mean Pokerstars will be coming back any time soon?

this

[ttwarrior1]

if i were u i wouldnt want to go back to tilt or pokerstars as a usa player

Trump poker coming soon

[John Dough]

if i were u i wouldnt want to go back to tilt or pokerstars as a usa player

Putting those two sites in the same sentence is a massive insult to Stars. No reason for Americans to not want to go back to Stars.

[sweethook]

good news

[minet123]

Does this mean Pokerstars will be coming back any time soon?

no
poker not illegal
Bank fraud is
now the fight will come if the DOJ said this how do the feds have a case
How long it takes to get settled out of court is the question

[Legions36]

Well im tired of all these small tournies, no steps, shitty ass sit-n-goes and everything else i lost when they left.

[vividjohn45]

Yesterday we had a thread about the DOJ basically refusing to no longer pursue UIGEA.

Turns out the decision was made back in September, and was just announced/told to Congress yesterday.

There is an article in today's NYPost, and the WSJ about the decision, if you guys want it, I can link it.

But. The bottom line is this. The DOJ is making a distinction between Poker and Gambling on Sports. They have decided that states can implement their own online gambling efforts---allowing for poker rooms to pop up at the state level, but they will not allow sports wagering.

Most of the big casinos are jumping for joy at the decision---and some of the european gaming companies stock prices soared on this news.

It is going to be interesting to look this a year from now.

yah. man we need the link. please.

[OneLossParlayGuy]

so how does everything think this will effect offshore betting????

[fsutomahawk]

Yea I want the link

[vividjohn45]

heres the wireact applying to only sporting event

http://www.justice.gov/olc/2011/state-lotteries-opinion.pdf

[frostno98]

Maybe they can bring back Paradise Poker now.

[ttwarrior1]

http://forumserver.twoplustwo.com/28/internet-poker/merge-security-capable-policing-games-overwhelming-evidence-merge-o8-irregularities-1143563/index8.html

check out that link if u want poker news, i was actually the one that busted him on another forum, not 2 plus 2

[vividjohn45]

hey mrtin i've searched the ny post cant find u article thereor 2 +2.

not to be rude. butwhy ask if u should post the thread?

causing a lot of time wasting from busy people searching for air at this point.


post it man.

[neverstoppers23]

sports leagues will never allow online sports gambling in the good ole usa. too much powerful lobbiest in Washington funneling money to the law makers.

[Leo Bello]

Found article on DOJ softening re internet gambling

I think this link might have been the article the other poster was referring to regarding DOJ softening on internet gambling.

http://www.nypost.com/p/news/national/feds_fold_on_some_net_bets_Nnny6DbqH4QGINFoBhJweJ

[OneLossParlayGuy]

will this make offshore betting here in the US easier?

[prop]

In 10 years time there will be betting booths at NFL football stadiums.

[MartinBlank]

http://www.nypost.com/p/news/business/doj_let_it_ride_lZbEhoIuzSc9fbEERXrX5N

[physed]

I wouldn't want sportsbetting legal in USA. Just leave the offshore books alone and I"ll be very happy.

[OneLossParlayGuy]

I wouldn't want sportsbetting legal in USA. Just leave the offshore books alone and I"ll be very happy.

legal and tax free...thats all I care about

[sq764]

paying the taxes on a big win would be worth it to know you're not getting stiffed by a book..

[John Dough]

paying the taxes on a big win would be worth it to know you're not getting stiffed by a book..

Everyone is already required to pay taxes on net winnings, regardless of where they bet sports. I guess some of you don't want to lose the ability to commit tax evasion.

[skrtelfan]

Feds still gonna go after sports betting though.

[yokspot]

Actually, none of this is what it seems. The Feds haven't suddenly woken up and realised the Wire Act only applies to sports. The Barton Bill is in the pipeline, and when that gets through, they'll have the legislation they want, ie. they won't need to pretend the Wire Act illegalises anything beyond sports. So they can now "come clean" about what we all (including them) already knew.

http://calvinayre.com/2011/12/30/legal/dojs-wire-act-reversal-means-barton-bill/

[RaleighDevil]

I don't understand why the government just don't start their own poker site. They could rake in so much money. Would solve a lot of the debt worries.

The government should do only those things it is allowed to do under the Constitution. I see nothing there that permits running a gambling site. Perhaps you found it under the Commerce Clause. That's where people of a certain political persuasion - not saying that you are one - seem to find the justification for almost anything they want to do.

Then again, I have libertarian tendencies and always ask "Where does the government get the authority to do this?"