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  #11  
Old 10-01-2006, 03:29 PM
Jack Benny Jack Benny is offline
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Well, I took the time this afternoon to review the SAFE Ports bill, as well as HR 4411, and found that while most of the meat of the FINANCIAL part of the bill remained intact, they left out all updating of the Wire Act (That's the one that could probably be defined against us harshly).

Basically, as I read it, and I AM NOT A LAWYER, is that this bill does not make internet gambling illegal, merely the taking of bets, and the facilitation of funding betting accounts. It seems the sky didn't fall as I had thought initially, although this is a terrible blow to the growth of the industry, as a bill like this not only discourages online gaming, but also casts it in a negative light. The average layperson may think online poker is now illegal.

It is not.

It is a toothless bill as it concerns we players, and there are no provisions for "blocking" IPs of poker rooms, etc.
all blocking mentioned is left up to our banking institutions, and they've been doing that for a while now....

As far as we affiliates, the provision about "aiding and abetting" isn't even in this version. I think as long as we make it clear we are not TAKING bets, with a disclaimer, perhaps, we should be oK?
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  #12  
Old 10-01-2006, 04:06 PM
PPP PPP is offline
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It seems to me it is only a transaction/banking bill. However, I think it will lead to cataclysmic changes in the industry.
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  #13  
Old 10-01-2006, 06:28 PM
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adioking adioking is offline
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The problem isn't the bill itself, well somewhat... but basically the changes that may follow shortly after. We need to make our players aware of what is going on NOW before its too late. Had they known about this bill more before it passed, it may not have passed at all.
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Old 10-01-2006, 09:34 PM
losercore losercore is offline
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So what about affiliates that offer free bankrolls? Does this mean they are facilitating betting accounts?

This might be interesting...
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  #15  
Old 10-02-2006, 09:39 AM
Jeremy Jeremy is offline
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Quote:
So what about affiliates that offer free bankrolls? Does this mean they are facilitating betting accounts?

This might be interesting...

More interesting would be rakeback.......That is a whole other topic and thread that we mine as well save for a rainy day.
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