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Poker News | World Poker News

Poker News Flashes 08/02/10

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In case you missed them in our daily News Flash, here's the rewind for your reading pleasure:

Online Poker Obstacles Ahead

The recent passage of Rep. Barney Frank’s H.R. 2267 pro-gaming bill from the House Financial Services Committee was a positive step for the online poker industry, in most people’s eyes, but the legislation has a long road ahead. Many have discussed the obstacles, but Casino City Times outlined them in an article that shows what organizations like the PPA are up against in the coming months.

Annie Duke States Gaming Choices Personal and Private

The New York Times recently took a comprehensive look at online gaming regulation in light of the passage of Rep. Barney Frank’s H.R. 2267 out of the House Financial Services Committee. A number of industry experts and professionals were asked to weigh in on the issue, and professional poker player Annie Duke was one of them. Her primary argument in the piece was that the government shouldn’t interfere with personal freedoms, as choices made about gaming are personal and private.

Casino Owners Stance on Online Gaming

While some casino owners in the United States, like Steve Wynn, remain opposed to the legalization and regulation of online gaming, others like Donald Trump take the opposite view. His support centers around the billions in tax revenue that could help the financially-strapped country, as well as the fact that online gaming is somewhat inevitable, so regulation is the key. In addition, Trump counters the argument that brick and mortar casinos will suffer, noting that good casino operators having nothing to fear.

Poker Players Alliance in Action

Much has happened with online gaming regulation in the last week, and the Poker Players Alliance has been there every step of the way. Their website has information on the bill itself, the activities of the last few weeks, and highlights of some of the support for Rep. Barney Frank’s bill. The site offers video clips of Annie Duke arguing for the bill on MSNBC, Greg Raymer supporting it on Fox Business Channel, and video of the hearing itself, along with opinion articles written by Chairman Alfonse D’Amato and others.

News Flash

The IRS Scores Big at 2015 WSOP ME Final Table

The IRS managed to snag 34.13 percent from the payouts of the 2015 November Nine, totaling $8,467,091.

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