The New UIGEA Regulations and what You can do to Fight Them

zachvac

zachvac

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MODS: PLEASE STICKY THIS

If no one knows yet, the fed recently decided to enforce the UIGEA much more harshly including provisions forcing banks to take more accountability for the transactions coming in with penalties and audits if they think the bank is not doing enough. No you don't have to withdraw immediately, there is a specific provision in the bill that checks from the sites to you is safe. You are not in danger of losing the money already there.

What you are in danger from is the new regulations making it either extremely difficult or downright impossible to deposit. If this happens, even if you are a winning player who doesn't see the need to deposit, the biggest problem would be that other fish cannot deposit. As the worst players cannot deposit to play recreationally the marginal losers/break-even players will begin to become losers. As they can't deposit eventually it will only be the really solid good players playing poker. This is game over for poker as a profitable past time for the serious player. This doesn't take effect until January 19th, 2009 (the last day of the Bush administration) and banks cannot be punished for lack of enforcement until December 1st, 2009. But obviously the banks aren't going to wait until November 30th next year to put the regulations in place.

Following are the PPA press release and a PPA release on what you can do to fight it:


PPA Condemns Finalization of Internet Gaming Regulations
Calls on New Administration, Congress to Overturn Flawed Policy

WASHINGTON, DC. (November 12, 2008) –The Poker Players Alliance (PPA), the leading poker grassroots advocacy group with more than one million members nation-wide, today expressed its extreme disappointment with the last minute finalization of the Unlawful Internet gambling Enforcement Act (UIGEA) regulations regarding online gambling.

“Today’s action finalizes a truly bad public policy – one that even the banks and Federal regulators called unworkable in Congressional testimony,” said PPA Chairman and Former Senator Alfonse D’Amato. “However, the PPA remains optimistic that the new Administration and the new Congress will recognize the failures of UIGEA and will act swiftly in the New Year to overturn this flawed policy.”

In April of this year, representatives from leading banks testified before Congress about the “burdensome” and “unworkable nature” of the proposed UIGEA regulations. Even the U.S. Treasury and the Federal Reserve expressed serious concerns about the ability to enforce UIGEA and its impact on our nation’s payment systems. Notwithstanding the skepticism about the efficacy of the UIGEA and the burden it would place on our already strapped financial sector, the Administration, the Treasury and the Federal Reserve dedicated time and resources to get the rules finalized as the first of many Bush Administration “midnight” regulations.

Fortunately, several members of Congress, such as House Financial Services Chairman Barney Frank, Senator Robert Menendez and Congressman Robert Wexler among others, recognize the untenable nature of UIGEA and have sponsored legislation to truly address the concerns over online gaming.

“We have strong advocates in Congress who recognize the importance of balancing individual freedom and responsibility with the protection of consumers as it relates to online poker,” continued D’Amato. “As such, we believe that in the new political environment UIGEA will be overturned and effective licensing and regulation of online poker will be enacted.”

----------------------------------------------


The Bush administration has chosen to push through its incomplete Unlawful Internet Gambling Enforcement Act (UIGEA) regulations via "lame duck" midnight rulemaking. Fortunately, no one is giving up. We have many avenues for success, and you can all be assured this is being fought at many levels. So, what can we poker players do?

Here are the four things we can all do right now:

1.) Write to President-elect Barack Obama

Barack Obama also has a new comment site, at Change.gov. I hope every single one of will post polite, professionally worded comments on this issue to him as well. Some points to consider sharing:
  • The Bush administration's last minute, incomplete UIGEA regulations are reckless in that they place unreasonable requirements on our nation’s imperiled financial services industry. Bush was reckless in forcing them on the country in his 11th hour. You should introduce legislation to overturn them.
  • These UIGEA regulations set a dangerous precedent for broader censorship of the Internet by the federal government.
  • The Washington Post, at http://www.washingtonpost.com/wp-dyn...111102935.html , reported that William Wichterman, a recent lobbyist for the National Football League who now works at the White House, played a controversial role in the Bush administration's last-minute effort to implement the UIGEA regulations. His lobbying firm made $2.8 million for these efforts.
  • Banks should not be forced by the federal government to act as law enforcement entities.
  • Poker is a game of skill where players compete against each other. There is no “house” profiting from losing players like in casino games of chance.
  • You should support licensing and regulation of online poker. Congressman Robert Wexler, House Financial Services Committee Chairman Barney Frank, Senator Robert Menendez, and others have sponsored bills that do just that. These bills provide protections for participants with excessive gaming habits. Bush's UIGEA regulations offer these people nothing.
2.) Write to the GOP

The GOP has a new comment site, at RNC: Republican For A Reason. I hope every single one of will post polite, professionally worded comments on this issue. Some points to consider sharing:
  • Federal Internet censorship is not a limited government position, nor is the idea that Americans need the government to protect them from themselves.
  • Banks should not be forced by the federal government to act as law enforcement entities.
  • UIGEA is reckless in that it places unreasonable requirements on our nation’s imperiled financial services industry.
  • Poker is a game of skill where players compete against each other. There is no “house” profiting from losing players as in casino games of chance.
  • The GOP should support licensing and regulation of online poker. Bills currently in Congress provide protections for participants with excessive gaming habits. UIGEA offers these people nothing.
  • The GOP has had an anti-online poker plank in its last three platforms (2000, 2004, and 2008). As a result, rightly or wrongly most Americans associate the party with UIGEA. This position likely costs the party far more votes than it gains. The GOP can no longer afford to give away votes
3.) Write to Congress

Go to the PPA autoletter site, at PPA: Action Center. In only 60 seconds, you can tell your congressman and both of your senators exactly what you think of UIGEA.

4.) Forward this to your friends

This isn’t just about poker. It’s about Internet freedom and freedom in general. Every American should care.
 
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kenneth.rennier

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Wow that is horrable news.I have been trying to deposite on ub for ever now.They still cannot validate my id.
 
c9h13no3

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/me is writing to congress & fighting the powers that be.
 
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massimo

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Time to start boycotting the NFL too.
 
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tonymac32

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no one is boycotting the NFL i pretty sure
 
iMaGiN.

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Wow I can't believe this actually passed...writing right now. So you guys think this will actually go through or will be overturned by the time it goes into effect?
 
zachvac

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Wow I can't believe this actually passed...writing right now. So you guys think this will actually go through or will be overturned by the time it goes into effect?

Well one thing's for sure, sitting back and waiting won't help. Read the article, do what you can for now. If we make our voice heard and can get the UIGEA enforcements on the list of Bush administration shit to repeal, we've got a good shot. If we can't, poker's going to be illegal for a while. Hopefully though the legislation can get through Congress asap but as most people know it takes forever for legislation to get through the process (plus Republicans can filibuster it), and even then it's not guaranteed. Make your voice heard please. Write your representatives along with Obama and the GOP as in the OP here. If you've got money to spare, feel free to donate it to the PPA who is directly lobbying Congress on our behalf.
 
jmasterrich

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So will this effect banks accepting checks from places like pokerstars?....Or will it just mean that you cannot deposit from your bank account into a pokerstars account?

Its so rediculous we are in a financial crisis and here is a totally reasonable way of generating revenue by just making it legal for all sites and lightly taxing the transactions between players and poker websites or the poker websites themeselves. How the **** cant politicians see that.
 
troyer16

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yeah so will this affect checks from pokerstars?
 
zachvac

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This will NOT impact withdrawals. Any money you have online is safe. It's getting money from your bank to the poker sites that will be the problem if this passes and is not repealed.
 
Pothole

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no one is boycotting the NFL i pretty sure

Perhaps they should be? If you still want to support your team, that's understandable, so take a monster sign to the next game saying something along the lines of "leave online poker alone" and protect your rights !
 
pokerdog283

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I like how this is a topic for the government with all the other current concerns the nation faces!!:(
 
icemonkey9

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* Icemonkey9 already wrote to congress & fighting the powers that be. I didn't just stop at the UIGEA either ...

Dear President-Elect Obama,

I'm for freedom, after all, I live in the country that calls itself the land of the free and the home of the brave. I'm for any freedom that doesn't impose itself as restricting freedom on another.

There are two specific issues that are important to me here in California.

The first is the ability to have freedom on the internet. The recent midnight drop of the UIGEA is one of the most troubling and ridiculous things I've ever seen the Republican party attempt in my limited perspective of politics (I'm only 32 years old). These UIGEA regulations set a dangerous precedent for broader censorship of the Internet by the federal government. I hope that the new administration is considering licensing and regulation of online gaming - specifically poker, a distinctly American cultural gift to the world. Congressman Robert Wexler, House Financial Services Committee Chairman Barney Frank, Senator Robert Menendez, and others have sponsored bills that do just that. These bills provide protections for participants with excessive gaming habits. Bush's UIGEA regulations offer these people nothing.

Second - the recent passing of Proposition 8 was a troubling effort by people living in fear to suppress the freedom of gay individuals. I am not gay, but I am not someone who enjoys a freedom in a country and turns around and tells others they cannot enjoy the same freedoms that I enjoy. I hope that tolerance (the first step towards harmony in a society) can be rooted on all levels and people don't live in fear. That's not the country that my grandfather (a World War 2 veteran and alumnus of the House of Representatives from Florida) would want, although the generational gap would admittedly probably put different perspectives on this issue but the spirit of freedom remains the same.

I appreciate your review of this email. Please ensure that the "midnight drop" attempts by the failed Bush Administration do not pass - specifically the UIGEA. Finally, I hope that tolerance and acceptance for all peoples of color, religion, and gender will be a topic of discussion and importance in the coming years.

Thank you, and God Bless the United States.

 
zachvac

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I like how this is a topic for the government with all the other current concerns the nation faces!!:(

yep it's amazing how much these things can serve as a distraction. Funny how slowly but surely our liberties are slowly shrinking and government is slowly getting bigger. It's always with an excuse. War is always a good one but the last depression was another one. The government takes any excuse to get into our lives. You know what we fought the war with England over? They dared to put a tax into place just to raise revenue. Now some of us pay over 40% on a tax on our income that does just that. What part of your life is not free from government control? You can't surf the internet, you can't talk on a cell phone without the government easedropping in the name of anti-terrorism. I think the freedom to spend our own money on a game of skill over the internet is a huge deal. It's about the freedom to spend our own money and it's about regulating the internet. The concept of the government getting involved in this is extremely scary.

ok end of rant, even if you don't agree with any of that but feel that poker should be legal write to the people above. Make your voice heard.
 
buckster436

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ok done,, im even more pissed that there going to try to pass this the day before obama gets sworn in, talk about being sneaky, there a bunch of Rats IMO,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,buck
Can a Mod merge my thread i made yesterday about Bush with this one, dont know if it will help,but we need anything to help us players in the usa,,,,,,,,,, thank,,,,,,,buck
 
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massimo

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In the next few weeks, make sure you deposit money into PokerStars or another one of the big sites that is popular amongst non-Americans. Even if Americans will no longer be able to deposit, there will be plenty of non-Americans depositing in the future. Just make sure your bankroll doesn't fall to zero, at least not until Obama reverses this damn law (hopefully!).
 
zachvac

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There will always be ways to deposit. They can't ban personal money transfers. Things like Western Union, Moneygram, etc. will always be available. But you have to send them a request, they give you a temporary name in a foreign country, and you have to send to that name within 24 hours is usually how it goes. They can make up names faster than banks can figure out and block the old names. The problem is how many recreational fish will do this? If you are just depositing to have a good time and blow a little money for fun, are you going to send your cash to a strange guy in the Caribbean and jump through all those hoops to do it? Where do you think the money comes from in online poker? As the fish drop out of the US games will get tougher to the point where they are close to being unprofitable for all but the very best.

We need to be doing our best not only to reverse this recent ruling, but to also fight for the Skill Game Protection Act and other pro-poker legislation. This is our #1 concern now though, because it is most recent and easiest to overturn.

@Obama will save us. This is wrong. Obama and other Dems don't give a shit about us. They have much higher priorities than poker, and if you think he/they are going to save us you're just flat out dreaming. Now it is possible we can get them on our side, but that doesn't happen by dreaming and thinking Obama will make it all ok. The problem is that when Democrats are voting on poker, they know if they vote for it the Republican running against them in 2010 will use it against them. "they voted against saving our families and children from the evils of online gambling". We need to show them that those aren't the only people voting, that there are poker players who vote too and they are all watching. We also need to get non-poker players. It's an issue of regulating the internet. If they can regulate playing poker what's next? They know people will go against them if they vote for poker. We need to let them know there are people who will go against them if they vote against it too. So write your Congressmen and Senators, fill out the forms above for Obama and the GOP. As of now, Barney Frank is one of the only congressmen who care about us. He's doing what he can, but we need to do what we can as voters.

As a side note there are some high-stakes players who are getting together and may be hiring some lobbyists to help them out. If that materializes I will give more info as to how you can help with donations and such.
 
DawgBones

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I just knew Bush:reddy: couldn't go quietly without effing one more thing up. Sometimes this government can't see the forest for the trees. If they legalized and taxed marijuana and online gambling and stopped spending billions on a war we don't want they could clear up this financial mess in a few years. Sounds like 60's deja vu all over again. Peace Out:icon_rr:
 
Deltafrost

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i still cant believe that this happened. I'll be writing a letter this weekend to send to the president-elect as well as some of the congressmen mentioned in this post.

Zach where are you keeping up with all this? im assuming the other forum but i havent seen anything in my brief glimpses on there.
 
nevadanick

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Its so rediculous we are in a financial crisis and here is a totally reasonable way of generating revenue by just making it legal for all sites and lightly taxing the transactions between players and poker websites or the poker websites themeselves. How the **** cant politicians see that.

Have never seen our government 'lightly tax' anything. Besides, the US governement has no authority over taxing offshore companies or corporations nor any compliance powers over them. Doubt they would ever willingly submit to any 'audits' of compliance either.

It would not surprise me to find that legal gambling operations in the US are heavily behind lobbying to get internet gambling squashed. With higher air fares and gas costs as well as the financial crisis overall, more gamblers are likely to visit the internet sites a lot more than the BnM/riverboat operations. Why lobby against internet gambling? Their gaming revenues are down, their hotel occupancy is down, their restaurants and other ancillary services suffer, etc.

I fear this fight is just beginning...........
 
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The PPA (pokerplayersalliance.org) has all this info and methods to contact your Senators and Representatives, and also the Federal Reserve.
 
itlegacy

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I can believe it, as many players have been complacent and not jumped into the fray, figuring others out there will take care of it. Further, gambling we've seen on TV has left much to be desired in behavior. When "in" that environment, it might appear humorous; but not when the rest of polite society is watching. Anyway, I certainly hope that the table games are approved and added to the Charles Town slot casinos, as this form of recreation appears to be fighting a losing battle. Unless more players (recreational included) get involved, that is certainly going to be the doom of gaming on the internet.
 
nevadanick

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Zach where are you keeping up with all this? im assuming the other forum but i havent seen anything in my brief glimpses on there.

It takes more than a 'brief glimpse' to keep up. PPA is THE source for the most up-to-date info, but even the sites are getting pro-active. Here's an e-mail I received yesterday from Full Tilt. They even have it selectively addressed to recognize that I live in Nevada.

"Dear xxxxxx,

As you may be aware, the current Administration is seeking to finalize rules and regulations that will negatively impact on your ability to play internet poker.

In the U.S. Senate, Harry Reid of Nevada is in a strong position to stop the Unlawful Internet Gambling Enforcement Act (UIGEA) from being enacted. Inform him today that you want your rights preserved.
Please call Senator Reid at 1-866-SEN-REID (736-7343) and tell him:
I am a voter in Nevada and one of millions of Americans who enjoy playing Internet poker.

Please do everything you can to stop the current Administration from finalizing the UIGEA rules and regulations.

The White House is pressuring the Federal Reserve to finalize these rules, even though the Federal Reserve says that the UIGEA is bad for banks.
Please encourage the Federal Reserve to reject finalization of UIGEA until its impact on banks and consumers has been fully studied.

Ask your Senator to protect your personal freedoms by calling him TODAY.
If you're not already a member, please consider joining the Poker Players Alliance by visiting Poker Players Alliance » Home. Forward this link to your friends and fellow players in the poker community who may be interested.

Thank you for standing up for poker and your rights.

Sincerely,
full tilt poker "
 
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joemac696969
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Hey all just went to the PPA and sent their draft of a letter to my congressman and senator, rep. I suggest that everyone do the same. Just go
 
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