Posts Tagged ‘UIGEA’

December 3, 2010

Detailed Legal Analysis of Reid Internet Poker Bill

Draft revealed: “The Prohibition of Internet Gambling, Internet Poker Regulation and UIGEA Enforcement Act”

Stu Hoegner, our resident international gaming attorney here at Pokerati – a.k.a. @GamingCounsel as he is well-followed on Twitter – has located a copy of a document that has been widely requested by our readers in the past 24 hours.

Check it out -> Las Vegas Review Journal has placed the following draft copy of the Reid Internet Poker Bill on the web.

Hold on to your legal hats … here’s Stu’s detailed analysis of this draft copy of Reid’s bill.

******

This post is based on one version of the Reid bill that is circulating. There may be others.

The top-line provisions of the Prohibition of Internet Gambling, Internet Poker Regulation and UIGEA Enforcement Act (the “Bill”) are as follows. This is not an exhaustive analysis - it’s too soon for that and the participation of many others in that kind of exercise is required (and salutary).

1. Findings

The Bill acknowledges that Internet gambling has continued to flourish since adoption of the Unlawful Internet Gambling Enforcement Act (UIGEA) and that the UIGEA has been unable to stop operators from offering sports wagering and other forms of gambling. The Bill goes on to affirm the longstanding federal policy against interstate gaming on professional, scholastic, or amateur sporting events.

In the Bill, Congress finds that poker enjoys a long history and cultural tradition in the US. The Bill states that in the long run the outcome of poker is influenced by the skill of the participants and it distinguishes house-banked games (where wagers are made against a casino) from poker (where wagers are made between and among the participants).

The Findings section of the Bill clearly sets the stage for the licensing of Internet poker only, and the Bill goes on to do just that.

Congress also finds that a new federal Internet poker market “should be regulated by entities that have an established track record of providing a well regulated gaming market to American consumers” and “should be limited to service should be limited, at least initially, to service providers that have an established track record of complying with a strict regulatory environment, have an established track record of providing fair games to consumers, and have significant goodwill and assets at stake, in addition to their Internet poker assets, to ensure they will comply strictly with the new regulatory regime.”

Notwithstanding that the World Trade Organization decisions in the US-Antigua and Barbuda dispute are “erroneous,” the Bill asserts that the US should “conclude” the dispute in an orderly and expeditious fashion that respects World Trade Organization rules and the federal and State prerogative to restrict and control wagering on sporting events and games of chance.

2. Definitions

Some of the more important definitions in the Bill are set out below.

“Bet or wager” as used in the Bill has the same definition as under 31 U.S.C. §5362(1) (i.e., UIGEA) but excludes bets or wagers under the Interstate Horseracing Act of 1978, bets or wagers that are intratribal transactions, and bets or wagers that are a chance to win a lottery or other game authorized by a state or a tribe that is an intrastate transaction as described under UIGEA.

We have a definition of poker in the Bill. “Poker” means any of several card games in which success over the long run is influenced by the skill of the player and

(A) that is commonly referred to as poker;

(B) that is played by 2 or more people who bet or wager against each other on cards dealt to them out of a common deck of cards

i. including games using community cards that any player may use to make his or her hand, and

ii. including games using electronic devices that simulate a deck of cards;

(C) in which players compete against each other and not against the person operating the game;

(D) in which bets or wagers of one player are often designed to affect the decision of another player in the game; and

(E) in which the person operating the game may assess a commission fee or any other type of fee.

Poker also includes poker tournaments in which players pay a fee to play against each other, including tournaments where the licensee guarantees a minimum tournament pot.

As a threshold matter, poker must be a card game where success over the long run is influenced by skill. This is an interesting definition that will generate a lot of discussion. How long is the long run and how many hands does it contain? How much skill need be involved if the skill of the player must merely “influence” success? Provided any particular iteration of poker that’s out there (and there are many) meet these various tests, it should qualify.

An “Internet poker facility” means an “Internet gaming facility” (also defined) that provides bets or wagers only with respect to a game, hand, tournament, or other contest of poker. Only persons operating Internet poker facilities under a license issued by a Qualified Body (see below) may be licensees under the Bill.

A “Qualified Body” means a State or tribal regulatory body that has been qualified by the Secretary of Commerce as provided in of section 8202(c) of the Bill (including entities qualified as a matter of law under subsection (c)(1)). This part of the Bill automatically qualifies state and tribal agencies as bodies qualified to grant licences that, among other things: currently regulate casino gaming and have done so for 5 years preceding the date of enactment of the Bill; have regulated casino gaming facilities involving gross gaming revenue of at least 5% of the total US casino gaming revenue for at least 3 out of the last 5 years preceding enactment of the Bill; are in states or on Indian lands that are opted in under section 8204 of the Bill (see below). Those not automatically qualified under section 8202(c)(1) can apply to the Secretary of Commerce for designation as a Qualified Body.

Finally, a “Significant Vendor” means an individual or entity that, with respect to a licensee or applicant under the Bill:

(A) knowingly manages, administers, or controls bets or wagers that are initiated, received, or otherwise made within the United States;

(B) knowingly manages, administers, or controls the games with which such bets or wagers are associated;

(C) develops, maintains, operates, the software, other system programs or hardware on which the games or the bets or wagers are managed, administered or controlled;

(D) provides the trademarks, trade names, service marks, or similar intellectual property under which the licensee identifies its Internet Poker Facility to its customers in the United States;

(E) provides any products, services, or assets and is paid a percentage of gaming revenue by the licensee in order to do so; or,

(F) with respect to an applicant, proposes to provide any of the activities, services or items identified in (A)-(E), above.

More…

Posted by at 10:21 pm

Reid Online Gambling Bill: Inside The Draft

UIGEA strengthened; foreign sites wanting US license must obey

As word that Harry Reid was authoring his own poker/casino-friendly bill repealing UIGEA filtered through the press today, people in the poli-poker world have been itching for a look at the draft filtering around Capitol Hill.

Fortunately, the global gaming consultants at Gambling Compliance have not only had eyes on this constantly-changing document, they also have had ears on Capitol Hill itself.  The analysis of the Reid Online Gambling Bill by folks in-the-know is available on their website for paying subscribers.  Although a portion of the document summarizes stuff we learned from the Wall Street Journal article posted late yesterday, there is is a huge amount of new (and compelling) info from what we had available last night.  Probably the biggest surprise is a strengthening of the UIGEA mentioned the text of the leaked Reid bill, and not the complete repeal per early reports.

Top Ten Facts From Inside The Draft ->

1.  The “entities controlled by” casinos, race tracks, and slot makers would be “immediately eligible” to get licenses for online poker.  How soon is not clear.

2. The bill prohibits new US licensees initially from “pooling any player liquidity from any international poker networks.”  I’m not exactly sure what this means, but my take is that US licensees would not be able to pull in bankrolls from Full Tilt, Poker Stars, UB, or any foreign poker gambling site for some period of time.

3. US Department of Commerce would oversee regulation, but “the most well established” state and tribal authorties would gain power over “licensing, investigatory, and enforcement” issues.

4. US online poker operators would need to pay a ostentatious rake licensing fee on monthly customer deposits, “possibly as high as 20 percent.” Revenue to be split between feds, state that the poker player lives in, and the state the company operates from.

5. Spoiler! Bill wants “beef up enforcement” of UIGEA by requiring Financial Crimes Enforcement Network to submit a blacklist of “unlicensed Internet gaming enterprises” to the US Secretary of the Treasury.  Wasn’t this supposed to be an anti-UIGEA bill?

6. All current sites accepting bets from US resident better stop doing it upon bill passage if they ever “wished to participate in a legal US market.”

7.  In the draft version Gambling Compliance saw, the first US online poker operators could not get their licenses for at least 15 months.  After the 15 month period, there would be a 2 yr period where the US Department of Commerce could decide if they even wanted to open up the market to include those beyond established US gaming entities.

8. Collegiate scholarly types think there is some *serious* preferential treatment in this draft given to the largest state agencies such as Nevada and New Jersey, giving them automatic qualification and a jump on prospectives.

9. Tribals are pretty unhappy with the language of the draft, touting an analysis around around DC which states the bill is “rigged to ensure that Nevada immediately becomes the licensing hub, and that tribal gaming authorities will never be able to qualify.”

10. Clarification is given that both online betting for horse races, and intrastate internet sales of lottery tickets do not violate the 1961 Wire Act.

Keep in mind this bill is a rapidly “moving target”, peeps.  The lame duck session is set to continue at least through the end of next week; final draft of the Reid bill seems unlikely until the end of Congressional session.

In the words of John Pappas, Executive Director of the PPA, “Anyone who says he knows what the bill will be doesn’t know anything.”

Posted by at 3:47 pm

Opposition to Possible UIGEA Repeal Mounts

So as we thought might-could happen (April, June), Harry Reid (D-NV) is pushing repeal of the UIGEA a way to shore up America’s net bottom-line. I get the feeling the re-empowered Senate Majority Leader was hoping this poker-only proposal could be a last-minute slip-in, a la the UIGEA. But that possibility now seems moot, with the issue officially on the DC radar.

The opposition is rallying the troops to squash any dreams of a poker-industry Christmas present. Check out the letter below, sent to Reid and Republican Majority Leader Mitch McConnell (R-KY) by Reps. Spencer Bachus (R-AL), Dave Camp (R-MI), and Lamar Smith (R-TX), the ranking members in the powerful Financial Services, Ways & Means, and Judicial Committees, respectively.

The CC list includes influential Republican online gambling haters Kyl, Boehner, Cantor, and Pence — so you can see how it’s essentially a call to arms to the Republican party to sink this ship before it leaves port … or should we say port security?

Expect gloves to come off in congressional backrooms and in-boxes. The letter points out bipartisan opposition to HR 2267, even though it sailed through its 2010 committee vote with more bipartisan support. What it doesn’t point out — beyond the general issues of more tax revenue while protecting American liberty and supporting the will of the people — is how:

  • regulated online poker will create American jobs — 10s of thousands of them
  • Ron Paul has repeatedly supported efforts to repeal the UIGEA, a note to Tea Party voters who really wanna believe in sensible government, so they know this isn’t your usual government expansion
  • “Poker-only” is probably a safe compromise — that legal American businesses support and stands to have the most immediate positive impact with least possible likelihood of damage (since so many millions of Americans already play)

Camp-Smith Ltr to Reid and McConnell (1)

Posted by at 1:19 pm

December 1, 2010

Senate GOP Vows Halt to All Lame Duck Action

UIGEA proponent Jon Kyl co-authors pledge

This morning, Harry Reid received a letter in which the Senate Republicans have pledged to halt all action on lame duck legislative items until a deal is reached on tax cuts.  In this Nov 29 letter to Reid, signed by all 42 GOP Senators, Republican Whip Jon Kyl (R-AZ) and Republican Leader Mitch McConnell (R-KY) penned the following:

“… we write to inform you that we will not agree to invoke closure on the motion to proceed to any legislative item until the Senate has acted to fund the government and we have prevented the tax increase that is currently awaiting all American taxpayers. With little time left in this Congressional session, legislative scheduling should be focused on these critical priorities. While there are other items that might ultimately be worthy of the Senate’s attention, we cannot agree to prioritize any matters above the critical issues of funding the government and preventing a job-killing tax hike.”

Jon Kyl has been an important anti-gambling figure in the poker-politico scene, maintaining his objections to internet gambling since his election to Senate in 1994. He was a key figure in the passage of UIGEA, and stands strong against the act’s repeal.  Notably, “angry about the Treasury’s role in delaying the enforcement of the UIGEA”, Kyl blocked US Treasury officials from taking office this past February.  He is also a key supporters of the controversial internet domain blacklist bill – the Combatting Online Infringement and Counterfeits Act (COICA).  Perhaps the Homeland Security knew that all such lame duck actions would be stalled by the GOP when they preemptively seized 82 “illegal” domains last week under the moniker: Operation Our Sites II.

A video of Reid’s reaction to the Kyl/McDonnell filibuster was published on the SenateDemocrats YouTube channel today.

According to an article on the filibuster published in The Hill, “McConnell and other congressional leaders met with President Obama at the White House Tuesday to try to reach a deal on the tax cuts.” In Reid’s video, he states that Kyl has been chosen by the Republican party to represent them in these negotitations.  Reid has selected Max Baucus (D-MT), chairman of the Senate Finance Committee, to represent the Dems.

A number of measures, in addition to COICA and the completely dead HR 2267, that have been hoping for motion during the last session of the 111th Congress, are the DREAM Act (immigration reform bill), extensions on the nation’s unemployment benefits, a repeal of “Don’t ask, Don’t tell”, and the long-stalled nuclear arms START treaty.

Everyone can rest safely on one account: @SenatorReid tweeted today that the bipartisan food safety bill made it in just under the wire.

Posted by at 3:44 pm

November 29, 2010

Feds Begin Seizing “Illegal” Web Domains

DOJ, Homeland Security assert controversial web authority

Sign of things to come? A notice greeting visitors to seized file-sharing search engine torrent-finder.com. Federal graphic artists have been hard at work designing this new splash page for websites the DOJ intends to shut down.

Lame-duck Congress resumed today, and international headlines are resounding with cries of unprecedented web censorship on news of a heavy federal hand laying a virtual smackdown on internet freedom as we know it.

During this otherwise quiet past Thanksgiving week, the Department of Homeland Security’s Immigration and Customs Enforcement division (ICE) executed seizure warrants against dozens of domains that ICE alleges to be facilitating illegal file-sharing of digital goods such as music and video, along with those that “appear to be connected to physical counterfeit goods.”

While affected domains so far all fall under the purview of copyright infringement, one has to wonder what this could mean for any other sites on the DOJ’s list of domains-non-grata.

ICE first became actively involved in matters of online gaming with the government’s case against Daniel Tzvetkoff, a payment processor for Full Tilt and PokerStars who was the first person publicly indicted for UIGEA violations.

More…

Posted by at 7:37 pm

August 18, 2010

This Day in Historyish: July 2006

DOJ discovers poker blogs

I’m sure this has absolutely nothing to do with anything, obv … but was going through some old pics and came across this screen-grab from July 2006 (some two months before the UIGEA)… when I hadn’t yet discovered the purpose of labeling images more descriptively than just wsop28.jpg, and the Feds apparently hadn’t yet figured out how to hide an IP address.


At the time, Phil Hellmuth had just won his 10th bracelet, no one thought twice about playing on Ultimate Bet, everyone in poker still had money, and Jamie Gold (of all people) seemed to represent the very worst poker had to offer. Ahh, the good ole days … even Russ Hamilton was presumed innocent then.

Though I hardly recall why specifically, something about this visitor seemed peculiar enough for me to wanna preserve the moment. ith the benefit of hindsight, I’m sure I was just kidding.

Posted by at 12:18 pm

July 30, 2010

Annie Duke Talks Internet Gambling on MSNBC

Schooling the unschooled masses

Maybe I’m expecting too much from Annie … just watched her on MSNBC’s noon-time news, and I think if I were her opponent in this mini-debate I coulda blown her outta the water — even without believing anything I was saying! Fortunately, the opposition she’s up against here is so weak, she still clearly wins. The best psychology professor Tim Kelly’s got is some report about gambling addiction from 1999. As if anything related to the internet has any perception of validity when it comes from an era that existed before Windows XP … let alone the iPhone, the iPod, the War on Terror, and George W. Bush’s first term.

Check it out here and watch for yourself.

What I find most fascinating here is the sponsor for this news segment … GFT Forex online currency trading. Risk based on limited, imperfect information … clearly elements of skill with some players guaranteed to win and others guaranteed to lose … exchanging money over international boundaries … come play for free with a practice account? They just don’t have to make you go to a dot-net for that.

Seriously, check out this old ad and ask yourself … how is this high-variance online financial game any different than something you might see on Full Tilt? I think they’ve even got some of the same avatars!

Posted by at 11:22 am

July 29, 2010

RE: HR 2267 Passes 41-22[-1]

Semi-bipartisan support: Who Voted How

Here is the breakdown of yesterday’s vote in the House Financial Services Committee. I’m curious about those who chose NOT to vote, and libertarian-wise … Ron Paul’s declaration of “present” — despite his stated support of HR 2267 a week earlier. Obviously had to be a reason … and Paul’s generally not afraid of his voters turning on him, and his seat seems hardly in peril.

(I posed the question to him or his people on twitter. Will look for but not expect a response, despite < 140 words finagled to sound more constituenty ... #semibluff)

Data via the PPA.

Posted by at 10:16 pm

July 26, 2010

Tea Party Conservatives Support Efforts to Quash UIGEA

RE: Markup of HR 2267 Tuesday

The battle over Barney Frank’s HR 2267 is heating up, and he seems to have found allies in sensible albeit unusual places. Specifically, supporting efforts to dismantle – or at least rebuke and revise – the UIGEA are the Heartland Institute, Americans for Tax Reform, the Competitive Enterprise Institute, and Dick Armey’s FreedomWorks.

A letter they all sent to Congressional members yesterday:

More…

Posted by at 11:24 am

July 23, 2010

Re: Andy Bloch returns to Rio to defend Internet freedom

It’s about more than just poker, but poker important part of it

Thursday morning at the Rio, Andy Bloch was part of a panel at Netroots Nation titled Internet Freedom: Protecting Rights in the Digital Realm. Many in the poker community have heard Bloch’s points about how the government is infringing on the freedom of poker players (UIGEA), but to most in the audience, it was new information to them.

Andy Bloch talking poker and Internet freedom
Andy Bloch talking poker and Internet freedom (Photo by BJ Nemeth)

Bloch stated three reasons why they should care, even if they’re not an online poker player: Basic freedom, the implications and side effects a ban on Internet gambling would have and how it could move to other areas of the Internet, and that people need to be organized and actively defend their rights. Bloch related a story about how he was playing a $1 SNG online (not mentioning Full Tilt Poker, but he was wearing a PPA patch) with an individual who was visually impaired. He stated that the person he was talking to, and others like him, would not be able to play in a brick and mortar casino. He also described how the UIGEA was passed in the middle of the night in 2006, attached to a must-pass bill. At the time, the PPA and poker community weren’t as mobilized as they are today in the effort to regulate Internet gambling.

The other two individuals on the panel, James Rucker of ColorofChange.org discussing net neutrality and Amelia Donoley of the Center for Media Justice discussing how Internet freedom affects migrant and Latino communities. Most of the audience questions (which were difficult to hear on the video) appeared to be geared toward the net neutrality issue, with the fear that big corporations would control the flow of the Internet, forcing out smaller companies and non-profit groups. Andy stated that there are big corporations supporting net neutrality, as well as to help regulate online poker.

At the end of the panel, each panelist had one final opportunity to promote their efforts. Bloch brought out a poker chip with a bar code to enter into a drawing for an Ipad. The other two panelists seemed impressed with his offering as they each picked up a chip. To watch the hearing, it’s available below:

Posted by at 10:16 am

July 20, 2010

Annie Duke to Testify Before Congressional Committee

That’s the word Annie put out about 10:30 pm last night, via twitter:

AnnieDuke Heading to DC tomorrow. Testifying Wednesday at 2pm in front of Chairman Frank’s Committee on his new legislation to regulate online gaming.
about 4 hours ago via web

Apparently it’s the real deal taking shape in DC. Annie, of course, has been in this position before and delivered admirably … and that was before she had faced off several times in front of Donald Trump in the Apprentice board room.

Still unclear how far the current package of poker-related bills can go this year. (Frank Bill, McDermott Bill, and think one other in the Senate but have lost track.) Not to be a doubter nor pose as a political Joe Navarro, but it doesn’t look promising in what’s sure to be a contentious election season when the three most powerful Dems in America (Obama, Reid, Pelosi) are kinda speaking volumes with their silence on the awesomeness — nay, the righteousness — of internet gambling.

Maybe that’s what this week’s hearing is all about?

With Annie testifying in DC, her brother Howard Lederer stepping out in a new way, and their good friend Andy Bloch taking the lead for poker engaging a wider community concerned with internet freedoms as a whole, you can tell — or at least it seems — that poker political forces have shifted gears.

Posted by at 3:47 am

June 30, 2010

The PPA Wants (Needs?) Your Money

Poker politicos seeking buy-in to Washington DC Big Game

A lot of different groups seem to have their fingers in the online gambling/poker pie these days. Kinda funny, because right now most Obama-admin efforts seem to be about stopping it, or at least making the process of winning a main event seat on PokerStars more difficult.

Yet at the same time, momentum in Congressional circles seems to be going the other way — with more money being spent on online gambling-related lobbying than ever before, and not coincidentally, a growing number of congressfolk suddenly on board with the cause.

But when it comes to hammering out a future for our specific special interest — licensed and regulated online poker — the Poker Players Alliance is hardly the only group claiming to speak on our behalf. The AGA, iMega, various Native American interests, the NTRA (horse racing) and the American Horse Council … they all want seats at the lawmaking table, too. However, the PPA is the only group specifically focussed on poker, that was built by poker players, and operates in Washington DC with poker community and industry interests foremost in mind.

Thus …



The PPA Poker Moneybomb

On July 1st, the PPA will be launching an unprecedented 1-day fundraising drive with the goal of raising $50,000 in support of our advocacy and grassroots efforts. We are asking all loyal poker supporters to make a donation to the PPA — even if it’s just $5 — on July 1st.

www.pokermoneybomb.com



Love or hate Obama-driven reform, with health care out of the way, “financial overhaul” is next on the agenda. And the man spearheading this effort is poker’s ole friend Barney Frank, who has the ability and interest to make sure online gambling is — or is not — part of that political conversation.

More…

Posted by at 8:12 pm

June 22, 2010

Vega$ Economy, Big Ca$ino Biz, $tate-Political $cuffling, Poker Ju$tice, Tribal Way$ and Mean$ + Courting Gay$ and A$ian$

Instapoker

Some more links to catch me up on keep you clued in about what else has been going on that may or may not be of interest to folks at the WSOP. Some of these stories vaguely connected to poker could actually turn out to be important:

First of all, for a succinct recap of what Week 3 really was all about, chock full of well-organized important details, be sure to check out BJ’s WSOP Report. [Tao of Poker]

The Shaun Deeb+Annie Duke vs. Daniel Negreanu+Linda Johnson WSOP-Ladies tourney brouhaha made national news in Philadelphia. [Philadelphia Inquirerer]

Attack of the Math Brats – a non-poker magazine’s take on “the aggressive new players whose pushy online style of play has put the old guard on the defensive”. [Time]

Speaking of defensive, the player-turned-shooter at the deadly poker robbery near Dallas has turned out to be a journalist — a cameraman for Channel 11. [Uncle Barky]

The EPT-Berlin robbers went on trial in Germany last week … and they’ve apparently admitted to everything about the heist. Only €4k unaccounted for. [BBC]

At 4 pm PT today, the second episode of Wicked Chops’ This Week in Poker will be streaming live, in a way where you can call in, or at least email and tweet. Guests to include Daniel Negreanu, Antonio Esfandiari, and Sara Underwood. [This Week in]

Despite what looks like increased entertainment traffic on the Vegas strip, Nevada’s jobless rate hit 14 percent — making it highest in the nation. [Las Vegas Sun]

The Silver State now officially kicks Michigan’s ass when it comes to macroeconomic destitution. [Christian Science Monitor]

But Paris Hilton is back in Vegas to party it up for the first time in a long while. [Twitpic]

Las Vegas Mayor Oscar Goodman has declared September 2010 “Poker Month”, to honor and support the charitable efforts of Mike Sexton, Linda Johnson, Jan Fisher, and Lisa Tenner. [PokerGives.org]

With poker and other table games opening up in Pennsylvania and Delaware, New Jersey casinos are getting hammered. [Wall Street Journal]

In an effort to turn things around (and bring higher rollers to town) the Atlantic City Hilton is turning to performances by political rock stars — including Glenn Beck, Bill O’Reilly, Bill Clinton, Dick Cheney, and a duet show with Ann Coulter and James Carville. Tickets range from $100-$350. [Press of Atlantic City]

Trump Taj Mahal is targeting a slightly different clientele, with Gay Bingo Night on Fridays. [Press of Atlantic City]

Meanwhile, Democratic lawmakers there are calling for a sports-betting and online gambling “summit” — an effort to bring together competing interests currently fighting over whose online gambling bill gets to move forward, and discuss how they can all get on the same page(s). [Press of Atlantic City]

In Massachusetts, they want more gambling+poker, but the fight is also over which bill gets to move forward, Senate or House … and where the new casinos get to be located. [Boston Globe]

In Rhode Island, a casino measure that would include poker, breezed through the House and Senate, and now awaits to governor’s signature before being sent to the voters for a referendum. [Boston Globe]

In Connecticut — Foxwoods and Mohegan Sun specifically — the Indian tribes are making a concerted effort to court Asians. [Hartford Business Journal]


Is that Bernard Lee?

Harrah’s is apparently struggling to find a good buyer for the Rio — despite entertaining multiple offers; reportedy, negotiations have included deals that would allow the WSOP to stay at 3700 W. Flamingo, and contingency plans that would move the series to Caesar’s. [Las Vegas Sun]

The WSOP parent is looking to go public again, but maybe sooner than initially anticipated? [Las Vegas Review Journal]

The Wynn just cut 261 jobs — a move that allows the casino to restore wages and salaries for 3,700 employees that had to take pay cuts earlier this year. [Las Vegas Sun]

Sands (Venetian) CEO Sheldon Adelson is in Singapore, opening his $5.5 billion casino project — the Marina Bay Sands Resort –and is looking to India next. Despite being rebuffed by the Indian government in 2008, the man who once took a risk on The Real Deal, is making a second attempt at convincing the billion-bodies nation that they need tourism — and he’s the one who can bring it to them with a Vegas-style Strip. [The Economic Times]

MGM Resorts (no longer MGM/Mirage) is apparently salivating over India, too, with a letter of intent between them and Indian developers to begin plans for a Bellagio-Mumbai. [DNA India]

The Wappo indians in California are fighting over land in Wine Country, and seeking to restore their tribal status with eyes toward opening casinos in Napa and Sonoma. [Napa Valley Register]

A new bill — by U.S. Rep. Scott Murphy (D-NY) — intends to clarify the UIGEA … making it easier to use your credit cards to bet on horses online. [Times Union]

Posted by at 12:08 pm

May 28, 2010

(Way) Outside the WSOP – Day 1

In just a few short hours, the 41st World Series of Poker will get underway at 12 noon at the Rio in Las Vegas with the first bracelet event, the $500 Casino Employees event. This will be followed at 5pm with the $50,000 Players’ Championship, consisting of HORSE, no-limit holdem, pot-limit Omaha, and 2-7 triple draw lowball with no-limit holdem being played at the final table.

Friday preview

Last year’s Casino Employee’s winner was Andrew Cohen, a bartender at the Palms, who won $83,833 in a field of 866 players. Hopefully Team Pokerati member John Harris can improve on his 25th place finish last year. This is the first year for the $50,000 Players’ Championship, a five-day event that is replacing the $50,000 HORSE event that was held the previous four years. David Bach won what appears to be the final $50,000 HORSE event last year, besting a field of 95 to earn $1,276,806. The Chip Reese trophy that was given to the HORSE winner will now go to the Players’ Championship winner.

Where to find information

For those looking for updates, the official WSOP site will have live updates powered by PokerNews. This year, the WSOP.com site will also be making various tournament information available to everyone, including entry lists, end of day chip counts, tournament reports from WSOP media director Nolan Dalla, as well as the media guide. CardPlayer, Bluff Magazine, PokerListings, PokerRoad, ESPN.com’s poker section and other poker media outlets (like Pauly) will provide updates, reports, gossip, video segments and other stuff for the poker enthusiast.

2010 WSOP storylines

With 56 bracelets up for grabs over the next seven weeks (with the final one decided in November), there’s plenty of interesting angles to find in this year’s WSOP:

Does the Year of the Woman continue? With the wins of Annie Duke at the NBC Heads-Up, Vanessa Selbst at NAPT Mohegan Sun and Liv Boeree at EPT San Remo, the poker media is anticipating a breakout WSOP for women. The last year more than one woman won an open bracelet event was in 2004 (Annie Duke, Kathy Liebert and Cyndy Violette).

How will Annette Obrestad perform? This is Annette’s first year she can actually play at the WSOP in Las Vegas instead of being a spectator limited to the hallway, a moment that has been eagerly anticipated by the poker community since she won the 2007 WSOP Europe Main Event at 18. She’ll be the most followed, scrutinized, criticized, fawned over, etc. newcomer of this year’s group of WSOP newbies.

How will the UIGEA affect the WSOP? With the June 1 deadline rapidly approaching, online sites and players are wondering what will happen in the next few weeks. Does the US Department of Justice swoop down on the Rio and arrest Team Full Tilt? Will players not be able to get their funds in time for the Main Event? Will it be business as usual, with no noticeable drop in attendance at the Rio?

Betting on Bracelets Bracelet bets for big money is not reserved to Phil Ivey and his fellow pros. Justin Bonomo was laying 10 to 1 (1k minimum to Justin’s 10k) that at least one person from a list of people living at Panorama Towers will win a bracelet at the WSOP. Bonomo offered the same bet last year, laying 7 to 1, and Greg Mueller’s two bracelets had Bonomo winning his bet. The big Phil Ivey bet this year is with Howard Lederer: Ivey has the 2010-12 WSOPs to win two bracelets, WSOPE bracelets count only towards making the bet a push, for $5 million. Talk of other bets Ivey will surely hit the rumor mill over the coming weeks.

More updates to come during the next few weeks, and good luck to all the players.

Posted by at 6:57 am

May 19, 2010

Congressional Battle over Online Gambling Heats up

It’s here … the debate we all wanted in 2007, 2008, and 2009 is finally happening. And all signs point to good-for-poker. But we might wanna be careful what we wish for … not sure exactly how it’s gonna play out, but even if the laws we champion get passed post-haste it won’t be like we’re suddenly back in 2006, time-warped to an era when Jamie Gold was the only thing bad about poker. Ahh, the innocence …

Even as online gambling legislation that would effectively make online poker fully legal moves forward, so many different interests will be fighting to have things worded their way …

ABCNews.com gave today’s hearing in the House Ways and Means Committee some significant real estate … and in general the mainstream media has been chirping. Expect the chatter to increase as June 1 approaches. We’ll see if and when online gambling — and specifically poker — become something more than a side-snippet across the multiple channels of CableTalk TV.

Still, with this most recent movement on the McDermott bill — a little 2-hour committee hearing — we got one big step closer to the day when all those 10s of millions of Zynga poker players suddenly begin to play for real money.

Posted by at 10:41 am