149 replies to this topic

[FCP Bob]

Nevada Gaming Commission approves online poker regulations.http://www.pokernews...tions-11707.htmhttp://www.lvrj.com/...-136109918.html

[FCP Bob]

A possible Christmas present to American poker players. The Dept of Justice has reversed their previous position and now are stating that the Wire Act only applies to sports betting and not other online gaming such as poker.http://www.justice.g...ies-opinion.pdf - Analysis from Forbes and WSJhttp://www.forbes.co...ernet-gambling/http://blogs.wsj.com...-sort-of-legal/

[FCP Bob]

FCP Bob, on Friday, December 23rd, 2011, 6:52 PM, said:

A possible Christmas present to American poker players. The Dept of Justice has reversed their previous position and now are stating that the Wire Act only applies to sports betting and not other online gaming such as poker.http://www.justice.g...ies-opinion.pdf - Analysis from Forbes and WSJhttp://www.forbes.co...ernet-gambling/http://blogs.wsj.com...-sort-of-legal/

Professor I Nelson Rose's analysishttp://www.gamblinga...er-24-2011.html

[FCP Bob]

MGM CEO James Murren: "Internet Gaming is Going to Pass in 2012"Hopes for this being the year that federal legislation passes to license and regulate Internet poker received a boost last week when James Murren, chairman and CEO of MGM Resorts International, spoke confidently about the prospects on CNBC. Asked about the Justice Department's recent conclusion that the Wire Act applies only to wire communications related to sports betting, Murren responded: "It means Internet gaming is going to pass here in 2012 in the United States." Murren didn't preface his comment with "I think" or "hopefully." He just flat out stated that 2012 will be the year.Read more: http://www.pokernews...-pass-11804.htm

[DiamondDixie]

Two encouraging articles posted today on Pocket 5s:http://www.pocketfiv...ulation-587098/http://www.pocketfiv...opinion-587099/Might be a good time to work on the action plan: Or through here if you don't want to go through 2p2, there are links at the bottom to other places that list the daily action plan.

[KingJames]

Jon Kyl Finally Speaks, Says Deal on Federal Poker Bill “Quite Possible”http://pokerfuse.com...quite-possible/

[FCP Bob]

Pretty good article from Howard Stutz at the Las Vegas Review Journal on the current chances for legislation any time soon.Net poker's prospects probably lie beyond '12

[FCP Bob]

It's looking like Internet Gaming at the State level is going to happen this year in New JerseyInternet Gaming Legislation in New Jersey Expected by September

Quote

New Jersey is still in the race to become the first state to have online poker up and running. State Sen. Raymond Lesniak told PokerNews in an exclusive interview that he expects legislation to allow for Internet gambling to be approved by both houses of the state legislature on March 15. More importantly, Lesniak expects that this time around the governor will sign the bill, which, he said, should lead to online poker being played in the Garden State by Sept. 1. New Jersey was the first state to pass legislation to create Internet gambling in January of 2011 only to have the bill vetoed by Gov. Chris Christie. In the meantime, Nevada passed legislation, approved regulations and has begun to accept applications for Internet poker licenses. "The race is on," Lesniak said. "There's certainly room for two major states to regulate the industry and combine with other states. If we get there first or they get there first, we'll both be operating. We expect New Jersey to be the Silicon Valley of Internet gaming in the country." A state senate panel approved Lesniak's revised bill Monday but an assembly committee didn't vote on the legislation over concerns that a ballot initiative might be needed to alter the New Jersey constitution to allow for gambling outside of Atlantic City even though the actual hubs for gaming will be located at city casinos. Lesniak said this hurdle won't be an issue and that the legislation will pass through the committee early next week. Lesniak indicated that, while he always knew there was no law in the U.S. that made online poker illegal, the DOJ's December opinion that the Wire Act applies only to sports betting helped convince Christie to support the current bill before other states move on the issue. While the previous legislation would have only allowed for Internet gambling within state borders, another result of the DOJ opinion is that Lesniak now expects New Jersey to form compacts with other states to create a larger pool of players. "Only a handful of states can have a regulatory scheme and possess the experience in operating these types of games — obviously Nevada and New Jersey, and likely California," Lesniak said. "It would be a lot easier for most other states to have a compact with us and do a profit-sharing agreement. Market share is very important in this business, and that's why it's important to be there first." Lesniak said the prospect of states going into partnerships with other states on Internet poker means it's inevitable that the federal government will pass legislation to establish a national framework on Internet gamingRead more: http://www.pokernews...-sept-12176.htm

[Jariso13]

FCP Bob, on Wednesday, March 7th, 2012, 11:20 AM, said:

It's looking like Internet Gaming at the State level is going to happen this year in New JerseyInternet Gaming Legislation in New Jersey Expected by September

Any updates on this?

[FCP Bob]

Jariso13, on Tuesday, March 20th, 2012, 1:38 PM, said:

Any updates on this?

I don't think there has been anything new on the New Jersey situation since that article.