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Poker Discussion
General Poker
Why is Online Poker not legal in the US?
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[QUOTE="TheKAAHK, post: 1105253, member: 50742"] The Canadian government only pays attention if you deposit more than 10K into your bank account and not claim it on your taxes. Otherwise there are no restrictions. And playing online poker is not illegal in the US, Just making deposits to poker sites through certain channels (i'm not sure what ones, direct bank transfers and credit cards i think) is illegal. As far as regulation goes, it's not as difficult as people think. A simple % tax system on rake collected by American players paid directly from the host site would be simple enough. And since everything online is recorded and stored it would be hard for a site to not pay properly. Just think, even at 1% anually from a major sire, say Stars or FT, would be hundreds of thousands of dollars in added revinue for your government to bail themselves out of the recession. The Canadian government is looking into similar measures for Canadian based sites and players, though since any sites based in Canada are very small, I don't see this going anywhere on my side of the border. [/QUOTE]
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Why is Online Poker not legal in the US?
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