Obama passes online gambiling

THE KOD

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Merry Christmas to the online gambling industry.

The Obama administration has cleared the way for states to legalize online poker and other forms of virtual gambling with the release of a new interpretation of the law, reports the Associated

The Justice Department opinion, dated September but only released Friday, holds that the Wire Act of 1961 does not make it illegal for states to use the internet to sell lottery tickets to adults.

Previously, the Justice Department has held that wagers through telecommunications that cross state lines or international borders were illegal.

The question at issue in the Justice Department?s decision was confined to whether states like Illinois and New York could sell lottery tickets online to in-state adults, but the principles behind the DoJ?s decision has wide-ranging effects throughout the industry.

The Justice Department said that the ?ordinary meaning of the phrase ?sporting event or contest? does not encompass lotteries,? which sparks a precedent in interpretation that could free up states to legalize other forms of virtual gambling.

?The United States Department of Justice has given the online gaming community a big, big present,? said I. Nelson Rose, a gaming law expert who consults for governments and the industry, according to the AP.

The new decision would eliminate ?almost every federal anti-gambling law that could apply to gaming that is legal under state laws,? Rose wrote on his blog.

If a state were to legalize intra-state gambling, ?there is simply no federal law that could apply,? given the new decision, he said, according to the AP

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This should be the start of what we are all waiting for.

:00hour
 

THE KOD

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SlotTreasuryCS.GIF
 

BobbyBlueChip

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Yes, yes, yes we can!!
Yes, yes, yes we can!!
Yes, yes, yes we can!!
Yes, yes, yes we can!!
Yes, yes, yes we can!!
Yes, yes, yes we can!!
Yes, yes, yes we can!!
Yes, yes, yes we can!!
Yes, yes, yes we can!!
Yes, yes, yes we can!!
Yes, yes, yes we can!!
Yes, yes, yes we can!!

:00hour :00hour :00hour
 

THUNDER

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this opens alot more to the locals who have a brain- thank u drive thru
 

hedgehog

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Yes, yes, yes we can!!
Yes, yes, yes we can!!
Yes, yes, yes we can!!
Yes, yes, yes we can!!
Yes, yes, yes we can!!
Yes, yes, yes we can!!
Yes, yes, yes we can!!
Yes, yes, yes we can!!
Yes, yes, yes we can!!
Yes, yes, yes we can!!
Yes, yes, yes we can!!
Yes, yes, yes we can!!

:00hour :00hour :00hour

:facepalm:
 

Dead Money

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Upstairs watching sports on the big TV.
Vegas Passed a bill, short version below

Vegas Passed a bill, short version below

Assembly Bill 258, passed, mandates that internet poker regulations be established by Jan 31.

The Nevada Gaming Commission on Thursday adopted rules that allow companies to apply for licenses to operate poker websites in the state.

Licensed firms will have to prove their technology can limit play to legal aged residents of Nevada.

Requirements in the new rules will include operator procedures to deal with cash reserves for payment, money laundering, fraud , and other criminal activities.

Entire article in Opinion and commentary section Las Vegas review paper, Dec 27th.

Looks like to me, Vegas with its gambling history, will have it up and running to a degree, in a year or so. They estimate the US online poker market to be $5. Billion or so. With declining revenue here, on-line sports and poker will get a major push for the revenue.

On another note, went to the Fiesta Casino off of Lake Mead road, they have a Drive Thru sports book, complete with pneumatic tubes like a bank. Good way to avoid the smoke altogether.
 

THE KOD

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Lets hope this is the start to having places to online gamble.

Tax it , run it, watch it , and mark it with a Z


just do it.
 
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