Surely all the relevant authority would have to do is maintain a database somewhere that says "XYZ Holdings = Poker Site" though?
Well thankfully the Government doesn't automatically have the right to set up and or maintain such a list. They have thought of it but there are a number of laws that would make such list problematic at best.
The funny but sad thing about the proposed regulation is that it is clear that even the Federal Reserve thinks that Congress did a pi$$ poor job of writing an enforcible law.
At it's core, reading the UIGEA law into reality given existing laws, would give or force all banks and money transferers to decide if a transaction was based in part of whole from an illegal
gambling activity. This would force every bank to be a judge and jury about the legality of every one of the untold numbers for money transfers done daily.
Thankfully there is a little piece of paper that in my opinion says they can do that, it of course is called the Constitution.
The deciding of legal issues is a uniquely governmental activity. The government can not contract this out to other people nor force anyone else to do it's job for it.
Even if it could, there is no due process procedures set up in the current regulatory scheme, in fact as an offer to the banks and credid card companies the UIGEA law says, "hey if you do this we say you can't be suied if you F it up."
So keep playing poker and keep paying extra to deposit your money on-line to play poker. If you get a little pieved about it call or write your representitive. If you are a winning poker player and feel like contributing to the cause then by all means find a worth organization that supports your goals and send them a check.
If you are really pi$$ed off let me know I know how you can help,
D$D
