Posts Tagged ‘Reid Bill’

Partisan Senate Rift Widens over Web Poker

by , Sep 17, 2012 | 10:00 am

WASHINGTON – A rift between Nevada’s senators widened Monday over a high-stakes bill that would clear the way for Nevada casinos to offer legal online poker to gamblers nationwide.

The split between Sens. Harry Reid and Dean Heller elevates the already steep odds that Congress could pass a lucrative yet controversial gaming bill in the waning days of this year’s session.

Reid, the Democratic Senate majority leader, has readied an online poker bill and has been seeking a way to get it passed, even as Senate officials acknowledge it is 15 votes or so short of the necessary majority.

Reid had set a deadline of Monday to see whether enough votes could be gathered for the bill to move in the less than three weeks remaining before Congress recesses for the November elections. It is expected to return for a lame-duck session after Election Day.

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The (More Shocking?) 80-page Civil Complaint

$3 billion in forfeiture &#8773 what regulated online poker promised in first year

by , Apr 16, 2011 | 10:34 pm

We showed you the 52-page criminal complaint — 9 charges against 11 individuals facing between 5 and 30 years in prison. Now here’s the 80-page civil complaint in the DOJ vs. PokerStars, FullTilt, AP/UB, et al:

http://www.scribd.com/doc/53170382/3bb-Civil-Complaint-DOJ-vs-PokerStars-Full-Tilt-UB-AP-et-al

The Feds’ allegations tell a rather compelling narrative of illegal gambling, bank fraud, money laundering, and conspiracy to circumvent US law — that if proven calls for the forfeiture of not just domain names, but also:

$1.5 billion from PokerStars
$1 billion from Full Tilt
$500 million from UB/AP

The court documents also spell out the details on the 76 bank accounts money allegedly passed through … in multiple countries and currencies, making USA vs. PokerStars+ not just a federal case but also an international one. And with the US Feds seeking to freeze these accounts, industry types get a hint of which Stars- and Tilt-funded paychecks may soon be in jeopardy … if they aren’t already.

With the criminal indictment and civil complaint together, federal prosecutors Arlo Devlin Brown and crew, seem unafraid to telgraph their intent: People have to go to prison and we take their money, but if that’s not gonna work, we’re at least gonna get $3 billion guaranteed … and we now have two tries to take it down!

(I use the term we because these cases are technically “the people of United States of America vs.” … thus it really is you and I and my dad and grandma and her priest and the electrician and Bristol Palin and Justin Bieber … claiming that all those online poker spoils are rightfully ours.)

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The regulated online poker-only “Reid bill”, if you recall, promised to generate $1 to $4 billion a year for the US government. So you gotta figure $3 billion in forfeitures buys another year for the forces who do wanna see fully legal licensed and regulated online poker — and other casino games — to craft a bill to their liking.


New Jersey Assembly Approves Internet Gambling Bill

Online poker, for all intents and purposes, legalized in United State

by , Jan 11, 2011 | 5:00 pm

Fully legal online gambling is coming to the United States … like this year, if not pretty much right now … regardless of whatever happened with the Reid Bill whereby one of the most powerful men in the world was not able to deliver to his strongest backers a relatively inconsequential bill that came with money and jobs for his own state (on a piece of legislation that was two years in the making) despite his party’s having control of the Senate, the House, and the Executive Branch.

But we’ll have to save that discussion for a later date … Last night the New Jersey Assembly (the Garden State’s version of the House) approved a package of five bills to recharge their battered Atlantic City-based gaming industry, one of which allows their casinos to offer online gambling (not just poker, but casino games, too) within NJ borders. Their Senate had already given the measures an official “like”, so now all that remains is needing a signature from Gov. Chris Christie, a Republican who has given no indications of wanting to veto.

According to the Philadelphia Inquirer:

Those bills’ final passage marks the first real change in more than three decades to how business is conducted in the nation’s second-largest gaming market, which is reeling from the weak economy and regional competition. The resulting structure mirrors that of Nevada.

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Las Vegas Sun Quotes Reid: “Things have never been better”

Article touts successful bills; fails to mention online poker

by , Dec 24, 2010 | 11:05 am

The Las Vegas Sun has been following the antics actions of their favorite senator quite closely this December, particularly with respect to online poker legislation (see timeline below.)

But today, just a little more than a day after the second lameduck session of 111th Congress ended, the Sun chose to say nothing at all about #reidbill in this story published at 2am entitled “For Harry Reid, it’s been the best of times, worst of times.”

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LV Sun Articles: Timeline

NOTE: Dec 2nd -> #reidbill announced to public via Wall Street Journal article

Dec 3rd -> “Harry Reid pushes bill to allow for online gambling”
Dec 7th -> “Harry Reid rushes effort to legalize Internet poker”
Dec 9th a.k.a. zombie-bill-day -> Is it dead? -or- Is it alive?
Dec 10th -> “Casino trade group supports Internet poker bill”
Dec 15th -> “Letter: Legalizing online poker of no help to average Nevadans”
Dec 15th -> “Reid, Republicans in spat over Christmas session
Dec 17th -> “All bets off: Online poker bill dealt possible death blow”
Dec 19th -> “Senate passes food safety bill, again – Sunday, Dec. 19″
Dec 22nd -> “9/11 health care bill still on Reid’s agenda

NOTE: Dec 22 -> 2nd session of lame duck adjourned “sine die” (adjourned for an indefinite period)

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Pokerati on Sirius 98 Hardcore Poker Show

by , Dec 20, 2010 | 3:44 pm

I’ll be talking a little #reidbillthatshallnolongerbenamed *iGambling* tonight on Sirius 98 – Hardcore Poker Show tonight at 6:25p EDT/3:25p PT for a ten-minute segment.

Listen to it here -> The Hardcore Poker Show

Download podcast later this week -> iTunes


PPA Concedes 2010 Online Poker Fight

gg

by , Dec 17, 2010 | 4:00 pm

If we believe that 50 years from now, poker and online poker will be part of our world, then what went down in December 2010 will be little more than a footnote in an effort that took maybe 5, maybe 10 years to get to the beginning stages of however the 2060 WSOP is run.

In fact, makes me wanna give an assignment to Las Vegas 1st graders and/or 2+2 — crayon drawings of how they see the 2060 WSOP.

Anyhow, though I still think we (as in “poker”) technically may have one out left, all interested parties seem to be resigned to the notion that 2010 — for all the heartfelt ups and downs we experienced — is not the year for change poker players can believe in. Right now I think our best bet, with all the major-world issues being fought over in DC, would be for a staffer to trip while bringing a bill to Obama and letting a few sheets of paper slip in unnoticed for an accidental signing.

We’ll have to leave it to the mainstream pundits to determine why on earth this shoulda even been a problem when we ultimately brought $60 billion via decent policy to the table — and the people theoretically supporting it controlled all branches of government … one of them being one of the most powerful people in Washington DC. Something doesn’t seem to add up, and I suspect Harry Reid will have a lot of questions to answer but not really as a guy who secured his gig for 6 years. But in the meantime, the PPA, in just its fourth year of existence, has put out the statement below surrendering this round while assessing how to build off a year where they made more progress for poker than ever before seen on a federal level … bringing us closer to those kindergarten dreams of what 2060 could look like:

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Watch it now -> PPA, #reidbill on Bloomberg Television

John Pappas to “discuss” iPoker

by , | 9:36 am

This broadcast is rescheduled from yesterday, when it was bumped for a big story on insider trading.

PPA’s Executive Director John Pappas will be on Bloomberg TV today to “discuss licensing and regulating online poker” @ approximately 11:45am EDT/8:45am PST -> http://www.bloomberg.com/tv/

Will he give details on iPoker’s status on the Hill?


PPA, #reidbill on Bloomberg Television

John Pappas to “discuss” iPoker

by , Dec 16, 2010 | 9:37 am

PPA’s Executive Director John Pappas will be on Bloomberg TV this morning to “discuss licensing and regulating online poker” per @ppapoker morning tweet.

Will he give details on iPoker’s status on the Hill, or confirm/deny @ESPN_Poker‘s recent assertion that #reidbill is dead?

Watch it LIVE here @ 11:45am ET/8:45am LV -> http://www.bloomberg.com/tv/


Clock!

Reid Calls for Extended Lame Duck; GOP Pushes for Recess

by , Dec 15, 2010 | 5:47 pm

WASHINGTON, DC – Harry Reid went on record about the lame duck session schedule, telling The Hill, “we need to stay here until we finish.”

Whether or not “finishing” includes passing the online poker bill remains to be seen. What is clear is that the Reid bill is still on the table and continues to be revised, albeit quietly, as the Senate engages in a multitrillion-dollar left-vs-right holiday battle royale. But so far the only thing the bill has attached itself to is what is becoming, as NPR explains, a contentious race against the clock.

The Constitutional deadline for this session of Congress to close its business is noon on January 3rd, 2011.

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Version 3 of #ReidBill Floated

by , Dec 14, 2010 | 3:39 pm

It’s 172 pages and looks rather official, but beyond that there’s no date on it, nor any verification of the original source … but it does come from a presumably vetted Chris Krafcik … a reporter for Gambling Compliance in … er … St. Louis?

Have a look for yourself at #ReidBill v 3.0. Personally I’m resigned to thinking this bill is like that proverbial box of chocolates at this point … and I get the sense that the lack of info being fed to media is with a purpose, and thus suspect any info put out now could likely be misinformation.

BTW, be sure to tune in this afternoon at 4pm PT to This Week in Poker … where I’ll be joining the Wicked Chops crew and F-train to break something down.

But before you do that, be sure to vote for Pokerati and The Poker Beat here.


Possible iPoker Vehicle Approved by House, awaits Senate

#reidbill: Omnibus or bust?

by , Dec 13, 2010 | 8:04 am

For a good portion of last week, it seemed likely that the #reidbill was going to be attached to the tax cut bill making it’s way through Congress. On Friday morning, Politico reported that the tax cut bill had no such pokery verbage, but that attachment to that piece of legislation was “still possible” if Reid made “additional modifications” before the tax bill is voted on sometime in the coming days.

Other outs? The House approved a mammoth $1.1 trillion dollar continuing resolution (CR) bill H.R.3028 just last Thursday. The Hill discussed how the CR could be amended into an omnibus:

A CR is needed because Congress failed to pass any of the 12 regular appropriations bills for 2011, in addition to failing to pass a budget resolution at all for the first time since 1974.

Democrats plan to amend the CR in the Senate into an omnibus appropriations bill that has been crafted by Senate Appropriations Committee Chairman Daniel Inouye (D-Hawaii).

That Senate bill, which is also being worked on by minority staff in an effort to garner enough Republican votes to overcome a filibuster, would provide about $19 billion more in funding than the House CR and would contain congressional earmarks.

The Washington Post featured the internet poker legislation on the front-page of their website on Saturday, and had this to say about the possibility that #reidbill might be included, in the omnibus -or- in other legislation:

Reid initially toyed with adding the proposal to the tax-cut compromise between Republicans and President Obama but decided against it amid concerns that it would further complicate that bill’s chances for getting passed, according to lobbyists and aides. The measure could be added to an omnibus spending bill or other must-pass legislation in coming days.

ABC News also talked about the timeframe for passing the CR in a report on Saturday:

For all the talk about taxes lately, the Senate’s only must-do issue in the lame-duck session is extending government funding into next year, a fight that appears set to take place late next week. Senators are up against a clear deadline: the latest continuing resolution to keep the government running ends at 12:01am on Sunday Dec. 19th.

-and-

The Senate is set to have its first procedural vote on the tax bill next Monday, so it is likely that the chamber will not take up the omnibus until Wednesday at the earliest. That would mean that both the Senate and the House would have to pass it by the end of Saturday if lawmakers are to avert a government shutdown.

The urgency of this continued resolution to the operation of our government is clear.  Whether the fate of internet poker legislation rests with the same piece of legislation is yet to be seen.


High Stakes Politics

Perspective from Barry Greenstein

by , | 12:59 am

This should be a big week, whether its days of explosion or fizzle. Some might contend poker has already changed just having gotten to where we are today — with US Senators actively engaged in decisions immediately affecting the way people play online poker in this country.

Though a bit more cynical than Howard Lederer’s take on the political game, Barry Greenstein offers his interesting take on how Washington DC works here … bits from an episode of Live at the Bike recorded on November 29, 2006 — shortly after George Bush signed the UIGEA into law:

Gotta wonder how Greenstein’s perspective may have changed in the past four years, as he has been at least peripherally involved in poker policy ever since he made a declaration in 2007 that we were six months away from legally mainstreamed online poker.