Answers to Questions Surrounding Online Poker Regulation
Last week, Steve Ruddock wrote an article entitled “Why Online Poker Has Been Doomed in the U.S.” In that article, he posed three questions that he now suggests is the true crux of the argument. Today, I will give my opinions on those questions.
Question 1: “Why is the government saying it is ok to gamble virtually anywhere in the United States, but no online?”
Actually, it is not legal to gamble in all 50 states. Each state determines their own policy whether or not they will allow legalized gambling, lotteries, etc. Some states, including Washington State have specifically outlawed online gambling.
Even if Congress were to pass a law stating that online gambling is ok, the states will likely still have the option to opt out of the law. In other words, this is essentially a states issue.
As such, I think that if we begin to see more states embrace online gaming, we will begin to see a shift in Congress. Remember thought that 13 states are against it. That is already a big hole to climb out of.
Even if Congress passed the law, it still will not be legal to play online poker in all 50 states.
Question 2: “Why is the government passing up the tax revenue and job creation benefits of legalizing online poker in the US?”
How many jobs do you think this will really create? The majority of companies that will host online poker sites will be overseas. A good chunk of the jobs created will be in other countries.
With that said, legalized online poker will create a noticeable number of new jobs in the U.S. However, I don’t see it being enough to force Congress’ hand.
As to why Congress is passing up on the tax revenue, I still think that at a core level it comes down to moral and social stigmas placed on online gambling in general. For many states, online gambling is still looked down upon. Many congressmen would be going against the beliefs of their core constituents if they were to jump on board the online gambling bandwagon.
In other words, they are more concerned about keeping their own jobs and towing their moral lines than they are with what might be good for the country.
Question 3: “Why is the government not regulating this industry; insuring the safety of the players who do participate in these games?”
There are a lot of factors that they have to consider with online poker legislation. First, do they really exempt it from online gambling. Can it really be consistently proven to their satisfaction that poker is not based enough in luck to constitute gambling?
Next, how will regulating online poker impact the already existing markets in states that have live gambling. There are many areas that still claim online poker will actually hurt the economy.
Again, there is the social and moral implications to regulation. Poker is still viewed as a shady industry, and sadly there is plenty of evidence to back that point up.
Also, just saying “let’s legalize poker” and passing a law is not enough. The framework of how we will regulate the industry will still need to be setup. Organizations need to be setup, regulations need to be created, and the people need to be put in place. Even when Congress passes any type of online poker bill, it will still be months, maybe even years before the first hand will be legally dealt in a government sanctioned game.
Essentially, when it comes to online poker, the only thing I can recommend to players is to be patient. Will online poker legalization happen? I think it will, but not as quick as many people think. My line is still 2013 to 2014, and even then, I think you will see up to half the country still opt out.
Tags: 50 States, Answers To Questions, Chunk, Congress Hand, Congressmen, Constituents, Core Level, Crux, Job Creation, Lotteries, New Jobs, Online Gambling, Online Gaming, Online Poker sites, Play Online, Play Poker, Ruddock, Social Stigmas, United States, Washington State
4 Responses to “Answers to Questions Surrounding Online Poker Regulation”
Leave a Reply
High Stakes News
- • Philipp Gruissem wins another Super High Roller
- • Huge cash game rumored to be taking place at Aria
- • Isildur1 starts fast in PokerStars $1 mil Freezeout
- • High Stakes Poker Games Still In Demand
- • Poker’s best take part in the Million Dollar Cash Game
- • Phil Galfond advocates sweeping changes to online poker
- • Ilari Sahamies is biggest online poker winner in 2011
- • Is Sam Trickett the best poker player in the world?
- • Isildur1 back and crushing the games at PokerStars
RummyRoyal.com giving away a Free $5 to new players
Online Rummy players can take advantage of an exciting new promotion a …
Lock Poker announces new exclusive tournament schedule
The Revolution Gaming Network has overhauled their tournament schedule …
Receive $10 Free from Winner Poker
Winner Poker is now offering new players at the site a free $10 deposi …
New Full Tilt VIP Program targets high-volume players
After recently dropping to #4 in the traffic rankings, according to po …