September 1, 2008
Bodog Unraveling?
It certainly seems that way … either that or they’re just going through some rocky times that the tough-do-it-my-way billionaire who built the company didn’t want to be part of. [Gambling911]
Reading this story makes a couple things “obvious” to me:
1. The US.gov is serious about the illegality of sports wagering online, as it really is the only thing clear in previous legislation.
2. Online poker sites that accept US players are having a hard time getting new players, because the American market is tapped out, and if you were a newly addicted European, why would you choose any site that runs into potential trouble from US.gov when you can play on super-legit home-continenters such as PartyPoker, Ladbrokes, 888, etc.? The exception to this, of course, are PokerStars (because they’re so damn big and have all the champions) and Full Tilt (because they have all the pros).
3. Pete Sessions’ HR 6663 really is a sensible piece of legislation in that it makes everything clear (even though it may not cow-tow to a few special-special interests): it spells out more clearly than anything else — sports betting on the internet is bad, online poker is fine, and other games need to be decided.
