tag:blogger.com,1999:blog-36880087.post6336774273530631666..comments2024-03-05T08:25:01.029-05:00Comments on Poker Grump: Scratching my headRakewellhttp://www.blogger.com/profile/15873391354585352712noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-36880087.post-3234382157832644442010-12-09T21:26:20.599-05:002010-12-09T21:26:20.599-05:00Just in case you haven't seen it yet, Andrew B...Just in case you haven't seen it yet, Andrew Brokos recently posted his thoughts from the other viewpoint:<br /><br />http://www.thinkingpoker.net/2010/12/the-reid-bill/THETA Pokerhttp://www.thetapoker.comnoreply@blogger.comtag:blogger.com,1999:blog-36880087.post-4664268350783866972010-12-08T19:57:52.077-05:002010-12-08T19:57:52.077-05:00I'm with you. This legislation passing would b...I'm with you. This legislation passing would be horrible for the online poker sites. Maybe they know something that we don't, but I doubt it. I don't know how they could ever recover from this.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-36880087.post-85524856027130621232010-12-08T11:58:18.212-05:002010-12-08T11:58:18.212-05:00This whole thing is obv a giant CF. Problem is th...This whole thing is obv a giant CF. Problem is the status quo is untenable as a long-term solution. Individuals on the inside have stated that the shelf life of the current environment is no more than 2-4 years. Now they may be wrong but I do think the sites are having a more and more difficult time dealing with the roadblocks presented them. If I knew with some degree of certainty that future legislation was on course I think I would pass on this current version. I also am wary of much gov't involvement.<br /><br />SO while this law (and I do believe it to be a virtual certainty) has some major warts it is the best we can expect. I think if this doesn't pass the environment changes with the new congress and beyond that who the heck knows. <br /><br />Long-term this thing should be +EV for the US players. There will assuredly be some bumps in the road but having the stigma of on-line poker removed is a very promising development.Brianhttps://www.blogger.com/profile/00326825465896283928noreply@blogger.comtag:blogger.com,1999:blog-36880087.post-80091620134666090342010-12-08T11:21:56.019-05:002010-12-08T11:21:56.019-05:00I conclude the PPA folks must keep a pair of kneep...I conclude the PPA folks must keep a pair of kneepads on hand in case they have the honor of being summoned by Sen. Reid's office?Local Rocknoreply@blogger.comtag:blogger.com,1999:blog-36880087.post-87401344166992417142010-12-08T10:59:21.722-05:002010-12-08T10:59:21.722-05:00Has Harry The Weasel got even one other member of ...Has Harry The Weasel got even one other member of congress on board with him to suddenly launch into this double reverse Harrah/MGM backflip with a twisting pirouette legislative dismount? If so, I haven't heard from them yet.Local Rocknoreply@blogger.comtag:blogger.com,1999:blog-36880087.post-30569645162548605862010-12-08T10:46:02.233-05:002010-12-08T10:46:02.233-05:00"Of the 20%, 6% goes to the federal governmen..."Of the 20%, 6% goes to the federal government, 7% is allocated to the states based on the location of the players at the time of play, 7% goes to the state where the site is licensed." So no worries about >20% tax.<br /><br />Do you remember how soft the games were in 2003-2005? If this bill passes, the games would be softer than that.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-36880087.post-1374511301559054352010-12-08T10:34:24.959-05:002010-12-08T10:34:24.959-05:00One point -- the 20% licensing fee is split but th...One point -- the 20% licensing fee is split but the feds and the states. Can't remember exactly how it's split but I think it's 14% to the feds and 6% to the licensing state.F-Trainhttps://www.blogger.com/profile/11375201566894511180noreply@blogger.comtag:blogger.com,1999:blog-36880087.post-66242947306020777602010-12-08T04:49:46.620-05:002010-12-08T04:49:46.620-05:00My cliffs<a href="http://www.ezgameimo.com/2010/12/heid-reid-poker-bill-cliffs-for-version.html" rel="nofollow">My cliffs</a>Conan776https://www.blogger.com/profile/00017422999431387978noreply@blogger.com