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	<title>Pokerati &#187; Newsweek</title>
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	<description>Texas Hold&#039;em and Las Vegas WSOP Poker Blog, now with PLO too!</description>
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		<title>Newsweek Blogging about the UIGEA Lederer: If Congress won&#8217;t undo it, we&#8217;re ready to sue!</title>
		<link>http://pokerati.com/2009/11/23/newsweek-blogging-about-the-uigea/</link>
		<comments>http://pokerati.com/2009/11/23/newsweek-blogging-about-the-uigea/#comments</comments>
		<pubDate>Mon, 23 Nov 2009 21:15:58 +0000</pubDate>
		<dc:creator>Dan Michalski</dc:creator>
				<category><![CDATA[News & Speculation]]></category>
		<category><![CDATA[Full-Tilt]]></category>
		<category><![CDATA[howard-lederer]]></category>
		<category><![CDATA[Newsweek]]></category>
		<category><![CDATA[non-poker media]]></category>
		<category><![CDATA[payment processors]]></category>
		<category><![CDATA[UIGEA]]></category>

		<guid isPermaLink="false">http://pokerati.com/?p=13794</guid>
		<description><![CDATA[It took some three years, but the mainstream media finally &#8220;gets it&#8221; &#8230; if not in print, than at least online. Check out the Newsweek blog post, &#8220;High Stakes for Online Gamblers&#8220;. Not only have they finally figured out how to condense everything from the shady passage of the UIGEA to undesirable results of unregulated [...]]]></description>
			<content:encoded><![CDATA[<p>It took some three years, but the mainstream media finally &#8220;gets it&#8221; &#8230; if not in print, than at least online. Check out the Newsweek blog post, &#8220;<a href="http://blog.newsweek.com/blogs/thegaggle/archive/2009/11/20/high-stakes-for-online-gamblers.aspx">High Stakes for Online Gamblers</a>&#8220;.</p>
<p>Not only have they finally figured out how to condense everything from the shady passage of the UIGEA to undesirable results of unregulated online poker and payment processor issues to a few sentences followed by some well thought out mainstream-friendly paragrafs, but also, at the end, they give a little hint at what might come next, which could involve Full Tilt fighting the matter in courts:</p>
<blockquote><p>Even if the UIGEA is enacted, it&#8217;s unlikely online gambling would disappear completely. There are ways for American players to circumvent bank regulations, including setting up a foreign bank account. &#8220;We&#8217;re all holding our breath and hoping the petition will be accepted,&#8221; Lederer says, but that isn&#8217;t the industry&#8217;s only option. Online poker could be legalized through the courts on the argument that the Wire Act doesn&#8217;t apply to poker. The industry is waiting to see what happens Dec. 1 before taking any action, he says. But if they do head to court, Lederer likes the odds.</p></blockquote>
<p>This is interesting, because time and time again poker has shown it can win in the judicial system, while the game-of-skill argument tends to carry no weight in legislative circles &#8230; where it&#8217;s still just gambling, and maybe a matter of personal freedoms at stake. </p>
<p>(I also gotta agree with Lederer &#8230; knowing FTP&#8217;s growing familiarity with the American court system, the money they&#8217;ve got to spend on lawyers, and &#8220;our issue&#8217;s&#8221; generally falling on the right side of the law &#8230; we all know where we&#8217;re eventually gonna get &#8230; it&#8217;s just a matter of how we get there.)</p>
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