Other than the ability to deposit and w/d at the click of a button (which dont get me wrong was great) nothing has really changed for me at all. Instead I have to use other methods that end up taking about 10 minutes on average to do. I have been in at over 20 books since all this went down and have never been stiffed (knock on wood) and have had very few delays.
Not saying I like this at all but you just roll with the punches. In fact I expected this whole thing to be way worse when all this went down a few years ago.
Not saying I like this at all but you just roll with the punches. In fact I expected this whole thing to be way worse when all this went down a few years ago.
Not in your lifetime.
As long as this Bill allows me to play my $30 scratch-off lottery from New York State I AM VERY HAPPY.
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(ADD SARCASM TO THAT POST)
Everyone does know that this is Barney Franks bill to help ease the restrictions on online poker and is sponsored by the Poker Players Alliance.
Im not sure what language is in it that throws sportsbetting under the bus , that ill look into right now ...........
Im not sure what language is in it that throws sportsbetting under the bus , that ill look into right now ...........
URGENT PPA Action Alert!
In the next few hours your Member of Congress will be voting on whether or not you have the right to play poker when and where you chose.
This is the most important vote for poker since UIGEA —we need you to call your Congressman’s office immediately and let him know that you want him to vote yes on H.R. 6780 today in Committee.
Our opposition is mobilizing and we need to counter their attacks. This is URGENT, we appreciate your efforts and can’t stress enough how much this vote depends on your participation. We need your help!
It is critical that you call your Representative TODAY and ask him to support your rights by voting YES on H.R. 6870. Your Representative’s vote may very well be the deciding vote tomorrow!
Call Rep. Don Cazayoux at (900) LIB-AHOLE
In the next few hours your Member of Congress will be voting on whether or not you have the right to play poker when and where you chose.
This is the most important vote for poker since UIGEA —we need you to call your Congressman’s office immediately and let him know that you want him to vote yes on H.R. 6780 today in Committee.
Our opposition is mobilizing and we need to counter their attacks. This is URGENT, we appreciate your efforts and can’t stress enough how much this vote depends on your participation. We need your help!
It is critical that you call your Representative TODAY and ask him to support your rights by voting YES on H.R. 6870. Your Representative’s vote may very well be the deciding vote tomorrow!
Call Rep. Don Cazayoux at (900) LIB-AHOLE
2d Session
H. R. 6870
To ensure that implementation of proposed regulations under subchapter IV of chapter 53 of title 31, United States Code, does not cause harm to the payments system, and for other purposes.
IN THE HOUSE OF REPRESENTATIVES
September 11, 2008
Mr. FRANK of Massachusetts (for himself and Mr. KING of New York) introduced the following bill; which was referred to the Committee on Financial Services
--------------------------------------------------------------------------------
A BILL
To ensure that implementation of proposed regulations under subchapter IV of chapter 53 of title 31, United States Code, does not cause harm to the payments system, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the `Payments System Protection Act of 2008'.
SEC. 2. PROHIBITION.
The Secretary of the Treasury and the Board of Governors of the Federal Reserve System, whether acting jointly or separately, may not propose, prescribe, or implement any regulation under subchapter IV of chapter 53 of title 31, United States Code, or otherwise give effect to such subchapter or any such regulation, including the proposed regulations published in the Federal Register on October 4, 2007, except to the extent as any such regulation pertains to wagering of the type that is prohibited (as of the date of the enactment of this Act) under chapter 178 of title 28, United States Code (relating to professional and amateur sports protection) or except as provided in section 3.
SEC. 3. RULEMAKING TO IMPLEMENT SUBCHAPTER ON PROHIBITION ON FUNDING OF UNLAWFUL INTERNET GAMBLING AND DEFINE UNLAWFUL INTERNET GAMBLING.
(a) In General- Notwithstanding section 2, the Secretary of the Treasury and the Board of Governors of the Federal Reserve System, in consultation with the Attorney General, shall jointly develop and implement regulations (which the Secretary and the Board jointly determine to be appropriate), on the record after opportunity for agency hearing involving an administrative law judge or similar official, under subchapter IV of chapter 53 of title 31, United States Code, that shall include a definition of the term `unlawful Internet gambling' for purposes of such subchapter and such regulations, after conducting a full economic impact study of the proposed regulations under chapter 6 of title 5, United States Code (commonly referred to as the `Regulatory Flexibility Act').
(b) Coordination With Prohibition- Upon the effective date of final regulations under subsection (a), section 2 shall cease to apply.
H. R. 6870
To ensure that implementation of proposed regulations under subchapter IV of chapter 53 of title 31, United States Code, does not cause harm to the payments system, and for other purposes.
IN THE HOUSE OF REPRESENTATIVES
September 11, 2008
Mr. FRANK of Massachusetts (for himself and Mr. KING of New York) introduced the following bill; which was referred to the Committee on Financial Services
--------------------------------------------------------------------------------
A BILL
To ensure that implementation of proposed regulations under subchapter IV of chapter 53 of title 31, United States Code, does not cause harm to the payments system, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the `Payments System Protection Act of 2008'.
SEC. 2. PROHIBITION.
The Secretary of the Treasury and the Board of Governors of the Federal Reserve System, whether acting jointly or separately, may not propose, prescribe, or implement any regulation under subchapter IV of chapter 53 of title 31, United States Code, or otherwise give effect to such subchapter or any such regulation, including the proposed regulations published in the Federal Register on October 4, 2007, except to the extent as any such regulation pertains to wagering of the type that is prohibited (as of the date of the enactment of this Act) under chapter 178 of title 28, United States Code (relating to professional and amateur sports protection) or except as provided in section 3.
SEC. 3. RULEMAKING TO IMPLEMENT SUBCHAPTER ON PROHIBITION ON FUNDING OF UNLAWFUL INTERNET GAMBLING AND DEFINE UNLAWFUL INTERNET GAMBLING.
(a) In General- Notwithstanding section 2, the Secretary of the Treasury and the Board of Governors of the Federal Reserve System, in consultation with the Attorney General, shall jointly develop and implement regulations (which the Secretary and the Board jointly determine to be appropriate), on the record after opportunity for agency hearing involving an administrative law judge or similar official, under subchapter IV of chapter 53 of title 31, United States Code, that shall include a definition of the term `unlawful Internet gambling' for purposes of such subchapter and such regulations, after conducting a full economic impact study of the proposed regulations under chapter 6 of title 5, United States Code (commonly referred to as the `Regulatory Flexibility Act').
(b) Coordination With Prohibition- Upon the effective date of final regulations under subsection (a), section 2 shall cease to apply.
From what im reading it is asking that the regulations currently being attempted to be inforced should be suspended.
They then want the term "internet gambling" to be defined at a later date. At this point in time they are asking that Poker be officially declared NOT a part of internet gambling and therefore whatever defintion they may come up with it wont include poker. Just as it wouldnt include say bingo, lotteries and horse racing. Yes it does say that sportsbetting would remain in the same grey area it is now but this bill itself does nothing AT THIS POINT IN TIME to make todays sportsbetting climate any worse. In fact it would probably open up a few more processors than we have now wit the intention of them funding poker...keyword= intention.
They then want the term "internet gambling" to be defined at a later date. At this point in time they are asking that Poker be officially declared NOT a part of internet gambling and therefore whatever defintion they may come up with it wont include poker. Just as it wouldnt include say bingo, lotteries and horse racing. Yes it does say that sportsbetting would remain in the same grey area it is now but this bill itself does nothing AT THIS POINT IN TIME to make todays sportsbetting climate any worse. In fact it would probably open up a few more processors than we have now wit the intention of them funding poker...keyword= intention.
It sounds to me like all this bill will do is bring us back to the status quo before UIGEA, except that poker will be recognized as legal.
Sportsbetting was illegal prior to UIGEA, and will continue to be so, regardless of whether or not the current bill is passed. (Thank you very much RFK and JFK, RIP NOT.) It sounds like all this is going to do is make it easier to transfer funds offshore.
How can that be a bad thing? (Plus, don't financial institutions and the Treasury Dept and the Federal Reserve have enough problems these days without having to worry about gambling-related transfers of a few hundred or a few thousand dollars?)
Sportsbetting was illegal prior to UIGEA, and will continue to be so, regardless of whether or not the current bill is passed. (Thank you very much RFK and JFK, RIP NOT.) It sounds like all this is going to do is make it easier to transfer funds offshore.
How can that be a bad thing? (Plus, don't financial institutions and the Treasury Dept and the Federal Reserve have enough problems these days without having to worry about gambling-related transfers of a few hundred or a few thousand dollars?)
Thanks Jay C for the alert. This is classic inside Washington lobby slice and dice tradeoff where sports wagering gets thrown over as a morsel to the conservative right (talking point that 'we protected your children from the online sports perverts') in exchange for the easy bacon-weight grease of the larger poker-Vegas gambling industry. Franks and Constitutional defenders think they are doing the US public a service by selling out sports wagering in effort to secure some internet footing for gambling, but what they are doing is playing straight into Vegas Republican money hands in legislating our laptops into being extensions of slot machines while within the same bill, extinguishing freedom to wager on a sports event (which is what they wanted in the first place).
