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http://pokerfuse.com/news/law-and-regulation/washington-lawmakers-wary-decriminalizing-online-poker-26-02/Washington Lawmakers Wary of Decriminalizing Online Poker
State Representative is resigned to “wait until next year.”
http://pokerfuse.com/news/law-and-regulation/nj-legislature-vote-governors-changes-online-gambling-law-25-02/NJ Legislature to Vote on Governor’s Changes to Online Gambling Law
Affirmative vote expected Tuesday, followed by a signature from Christie.New Jersey lawmakers will vote this week on Governor Chris Christie’s proposed changes to an online gambling bill that will legalize and regulate poker and other forms of gambling online.
Earlier this month, Christie vetoed an online gaming bill, but said he would would sign it into law with minor amendments.
Christie suggested taxing operators at 15 percent, as opposed to the 10 percent in the original bill, along with funding to prevent excessive gambling and requisite 10-year renewal of the law.
“Now is the time for our State to move forward, again leading the way for the nation, by becoming one of the first States to permit Internet gaming,” he said in a statement after the veto.
The State Senate and Assembly are expected to vote on the governor’s changes Tuesday. Expected to pass rather swiftly, the new bill would then be sent back to Christie to sign.
Last week, Nevada fast-tracked a law to legalize online poker and allow for interstate agreements where online gaming is also legal.
Delaware also expects to launch online poker later this year.
With possible federal legislation by the wayside, Nevada and New Jersey are jockeying to become the US hub of the newly regulated industry.
I would think given the current financial woes Uncle Sam faces, they will fairly quickly (Bureaucrat time; Haha... so who knows really) structure tax code and the devices to collect, i.e.freely intercept their "SHARE" of the online poker $ stream, coupled with or shortly followed by implementation of the same system across all avenues of the virtual world.It's always nice to see stuff like this. Although I anticipate it will still be years before anything really happens, it's good to see that people are remaining interested in any progress.
Kentucky is the WORST buddy; Some sites, juicy stakes in particular makes you check a box stating that you do not reside in the Common Wealth of Kentucky. It's the only one I've seen specifically called out so to say and I've tried just about every site out there.Why do I live in the lamest state in the nation? I need to get out of Alabama.. If you got any updates on Alabama CAM let me know.
Treasure Island, 888 Receive Nevada Online Poker Licenses
The Nevada Gaming Commission (NGC) granted interactive gaming licenses to 888 U.S. Limited and Treasure Island LLC last week, bringing the launch of the first legal intrastate online poker site in the United States just a bit closer to a reality.
These two licenses were not unexpected. The companies had already been recommended for approval and the March 21st hearing before the NGC was more or less a formality. The important thing here is that with 888 U.S. Limited, the stateside incarnation of online gaming firm 888 Holdings, a license has finally be given to a firm with both experience in internet gaming and an established poker product.
888 and Treasure Island announced a partnership in February and just a couple weeks ago, 888 Holdings entered into a joint venture with U.S. investment firm Avenue Capital Group to create the All American Poker Network (AAPN), the first legal U.S. online poker network. Treasure Island will be the first room on the network. The AAPN will obviously start in Nevada, but as Nevada law was recently amended to allow for interstate poker compacts, it would not be surprising to see the network expand to other states.
888’s license also means that a World Series of Poker-branded real money online poker room is likely on the way. The Gibraltar-based company has already been approved for a partnership with Caesars Interactive Entertainment, owner of the World Series of Poker, to launch a WSOP-branded poker room in Nevada. The two already have a play-money version of the site, WSOP-USA.com, and it is expected that the real-money version would be very similar. It is not known if the new World Series of Poker online poker room would join Treasure Island on the All American Poker Network, but considering both the WSOP site and Treasure Island would be running 888’s software, it would not be surprising, especially if they value player traffic.
Other land-based gaming companies such as MGM, Boyd Gaming, and ACEP have been licensed, just as Treasure Island has, but their software partners have not, giving Treasure Island and 888 a leg up. South Point Poker was the first company to be granted an interactive gaming license in Nevada last year and has actually developed its own poker software, but it still has not launched its poker room. South Point expected to beat everybody to the punch, saying it was going to launch in the fall of 2012, but supposed delays in the independent testing have pushed back the unveiling of the site.
888’s software, dating back to when Pacific Poker was one of the most popular poker rooms on the internet, used to be one of the worst products in the industry. The graphics were outdated, it was slow, it lacked advanced features, and the ability to play multiple tables was limited. It received an overhaul a few years ago, however, and is now a very good, if unexciting, offering.
888’s international real-money poker room is currently ranked fifth in terms of cash game traffic, according to PokerScout.com.