Originally Posted by Kasanova King
If the bill passes, online poker rooms will be allowed to operate from the U.S. Since they will be operating from the U.S., they will be audited and regulated. I'm sure the current poker rooms won't be forced to but it will kill their business if they don't. Think about it - if you were a novice player, would you give your business to an unregulated poker room, possibley operating from a 3rd world country or would you give your business to one in which is regulated and controlled like most real casinos?
Which brings us to the weird contradiction of UIGEA. Very many of the world`s online poker rooms are already
controlled and regulated in the EU. Hence the great swathe of poker sites which, when UIGEA was passed, promptly banned American players. Being regulated, they cannot engage in law-breaking.
Therefore, bizarrely, UIGEA has resulted in American players being unable to play on regulated sites and they can only use those which are uncontrolled by any major First-World government.
Clearly, this law was written in haste by people who didn`t understand the industry. One can only hope, for the sake of our American members, that they do better next time.