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General Poker
Proposals for Online Poker Regulations.
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[QUOTE="dj11, post: 1780777, member: 13851"] We really do not want a Government run structure. Capitalism will rule the day. What we do want, and need, is a governed structure. Insuring proper access (no underage players), mechanisms for relief of grievances, and penalties for abuse, amongst other issues. B&M casinos, in partnership with existing online sites (they have the best software) seems a decent start at things. But much of what is not said is important. So transparency of who owns what site, and who the responsible people (by name, not by title) are should probably be codified. An important item I have not seen anywhere is either the repeal of the online gambling restrictions (banking part) of the UIGEA, or a specific law allowing online poker exclusions from the UIGEA. This would allow the return of Netteller, possibly PayPal, or the use of credit cards and debit cards specifically. It would provide ample competition for the financial side of the game. It would also provide responsibility to keep laundering under wraps. Another thing I would want to see in a final bill would be a cap on what the government can expect to see money wise. Nightmare is the government matches the rake/fees. More reasonable is probably 5% of the rake/fees. That still provides the states/feds with more than enough (guessing here) to oversee operations and provide structure. [/QUOTE]
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