Posts Tagged ‘Internet Gambling Regulation Consumer Protection & Enforcement Act of 2009’

Brave New Poker

by , May 29, 2009 | 3:28 am

Interesting article in today’s New York Times about the Pentagon’s plans to set up bases in cyberspace. Though you gotta think it might be pretty cool to follow the next #war via twitter (@evilgeneral firing missiles @TankGuy. boo-ya!) — deployment of a digital military might be quasi-related to online poker and current anti-UIGEA legislation. Why? Because in addition to militarizing the internet:

(emph. added)

Mr. Obama, officials said, will announce the creation of a White House office — reporting to both the National Security Council and the National Economic Council — that will coordinate a multibillion-dollar effort to restrict access to government computers and protect systems that run the stock exchanges, clear global banking transactions and manage the air traffic control system.

Clear global banking transactions? Seems to me like the USA is fixin’ to rake the internet … and the framework currently being set up to regulate online poker would put some of the necessary mechanisms in place.

Then all we’d need is for the Pentagon to get its act together and we could shoot colluders.


Online Poker Is Bad for the Environment?

by , May 27, 2009 | 12:34 pm

Here’s an argument against Barney Frank’s efforts to legitimize American online poker that I certainly didn’t see coming:

Lifting the Online Poker Ban Could Cause a CO2 Emissions Boom

Playing poker online is a time consuming venture—playing tournaments can take hours, and the programs make it extremely easy to play in multiple rooms while surfing the web between hands in different windows. In other words, it encourages parking yourself and sitting in front of the computer for hours.

As Pablo pointed out in his piece on the impact of internet use, computers generate between 40-80 grams of greenhouse gas emissions simply by being on (given the user gets his electricity from a coal-fired power plant, as most Americans do)—now imagine some 10 million more computers on for hours longer than before. It would add up to hundreds of thousands more tons of greenhouse gas emissions.

Thanks, Brian, for the link — despite all the trees you plausibly killed in the process!


Online Poker to the People!

by , May 18, 2009 | 1:04 pm

Leftover but good-for-viewing vid … PPA Executive Director John Pappas on CNBC … not just speaking on behalf of the latest Barney Frank legislation, but establishing the baseline for where discussion on these matters begins … it’s good to see the mainstream Wall Street press at least understanding the basics so they won’t have to waste their time filtering through the first line of crap the opposition throws their way:

via Wicked Chops.

Also … more online poker issues being laid out for the non-poker public in ESPN: The Magazine. And the Washington Post is letting people know that the American masses have spoken — directly to Barack Obama — and they want two things to get this country back on track: legal pot and legal online poker money transfers.

Thanks, Huff, for the latter link.


Frank Introduces Internet Gambling Bill

Get Used to Saying “Internet Gambling Regulation Consumer Protection & Enforcement Act of 2009”

by , May 6, 2009 | 9:38 am

Kudos to Rep. Barney Frank for introducing the much-anticipated legislation this morning. The Internet Gambling Regulation Consumer Protection & Enforcement Act of 2009 has no H.R. number attached yet, but the process has begun. The name of the bill doesn’t exactly roll off the tongue or make for a nice abbreviation – IGRCPEA? – but might just be referred to as “The Bill” going forward. (Catchy?)

The 48-page bill provides for licensing, enforcement, and consumer protections regarding legal internet gambling, as detailed on the House Financial Services Committee website.

SUMMARY
The Internet Gambling Regulation Consumer Protection & Enforcement Act would establish a federal regulatory and enforcement framework under which Internet gambling operators could obtain licenses authorizing them to accept bets and wagers from individuals in the U.S., on the condition that they maintain effective protections against underage gambling, compulsive gambling, money laundering and fraud, and enforce prohibitions or restrictions on types of gambling prohibited by states, and Indian Tribes.

At the same time, Frank introduced a piece of companion legislation calling for the postponement of UIGEA regulations from this year’s compliance date of December 1, 2009 to one year later. Pushing it to 2010 gives “The Bill” time to progress as it may.

So, it’s on! According to Bloomberg, Harrah’s Entertainment and Youbet.com are already on board and ready to lobby on behalf of this bill. More to come in the weeks ahead, no doubt.

(Note: KevMath beat me to it again! Duplicate posts on this can be forgiven, eh?)