US PPA Legislation

Wetts1012

Anyone into the details on this, Ive only read wats on 2p2.

I mean its American legislation but it would have significant Canadian impact if passed.

Not to mention we're lemmings and the Can govt would likely follow suit relatively quickly.

[deleted]

my lord what a mess, starts with marc emery, ends with www3 i swear to god.

asxn557

since lottery winnings aren't taxable in Canada, I suggest Canada would not be quick to follow.

[deleted]

asxn557;247696 wrotesince lottery winnings aren't taxable in Canada, I suggest Canada would not be quick to follow.

with the conservatives, stuff like that and internet pirating laws could change in the blink of an eye, it takes time of course but once they set it in motion, its impossible even for competent voters to stop it.

GTA Poker

darbday;247697 wrotewith the conservatives, stuff like that and internet pirating laws could change in the blink of an eye, it takes time of course but once they set it in motion, its impossible for competent voters to stop it.

So we have to borrow the US populous of incompetent voters?

[deleted]

GTA Poker;247700 wroteSo we have to borrow the US populous of incompetent voters?

im lost in the satire....um the US is a dictatorship?

or

as weed laws get harsher and harsher it becomes increasingly obvious that US polititcians are shaping our legal system and therefore government system (which is def shaped by the people (voters) left outside of the jails and their ability to express 'free speech' when such things are illegal to do so frowned upon to talk about).

This also pertains to censorship of the internet which will be next.....and leads us to wiki leaks...perhaps our savior......

[deleted]

GTA Poker;247700 wroteSo we have to borrow the US populous of incompetent voters?

ahh no...its impossible for voters to stop them, even competent ones..... which we are not.

[deleted]

The US is absolutely out of control....

Wetts1012

darbday;247719 wroteThe US is absolutely out of control....

Does anyone have coles notes on this?

My understanding is:

A) Legislation gets passed.
B) Effective Feb 11 any site that wants in is "locked out" for 15 months.
C) Stars and FTP want in, so they will lock out US players for 15 months.
D) During this time regulation will be developed.
E) After 15 months it is opened back up and regulated.

idk I havent read too much on it.

Wetts1012

9. Transitional period: For 15 months, no site will be licensed and all iPoker sites must cease operations in the US. Current sites have a 30-day (possibly 60-day in latest draft) grace period to stop. All US player account funds will be returned within 30 days after that. Any site that violates this will never be able to get a US license nor sell their assets to a US licensed site. At the end of the 15 months, there will be a simultaneous launch of all initially licensed sites, creating a new competitive market to the benefit of players (competitive rakes, player incentives, etc.) and giving a level playing field for all the initially licensed sites.

jdAA88

Riding the F Train: Quick and Dirty Summary of Harry Reid's Internet Poker Bill

[deleted]

it must be easy to play in the us and have it show up from somewhere else no?

compuease

HVEEPOKER

What's This? and where is the story?

Wetts1012

darbday;247759 wroteit must be easy to play in the us and have it show up from somewhere else no?

Even if you could, in order to withdraw from any major sites it must be a verified account. That means proof of citizenship (license, etc) and proof that you reside there (phone bill, etc).

HVEEPOKER

I read the post jdAA88 Link.
Looks like the U.S wants the TAX MONEY of course. Also looks like they want companies already running casinos to own these sites.

FTP and Stars in order to operate legally would have to be owned by a person or group who currently holds a licence to operate a Casino or racetrack in the U.S.
If this happens, on Line sites will withhold tax from Canadian players just like if you were playing in a casino down there.
Or from any other country.

Wetts1012

HVEEPOKER;247789 wroteI read the post jdAA88 Link.
Looks like the U.S wants the TAX MONEY of course. Also looks like they want companies already running casinos to own these sites.

FTP and Stars in order to operate legally would have to be owned by a person or group who currently holds a licence to operate a Casino or racetrack in the U.S.
If this happens, on Line sites will withhold tax from Canadian players just like if you were playing in a casino down there.
Or from any other country.

No. If they operate similar to pokerstars.fr then it will be irrelevant. Canadians will not be able to play on the US version of the site (ie pokerstars.us).

HVEEPOKER

So unless our govt shuts them out we will have to play on a European site ?

Wetts1012

HVEEPOKER;247791 wroteSo unless our govt shuts them out we will have to play on a European site ?

This has nothing to do with our govt. Yet. The short answer is, yes.

In the short term Canadians would still for example, play on pokerstars.com with everyone else thats not French or American.

Should the bill pass, allowing outsiders into pokerstars.us (example) is at least 3 years away.

HVEEPOKER

Wetts1012;247792 wroteThis has nothing to do with our govt. Yet. The short answer is, yes.

In the short term Canadians would still for example, play on pokerstars.com with everyone else thats not French or American.

Should the bill pass, allowing outsiders into pokerstars.us (example) is at least 3 years away.

OKay. I am searching for a story about this now.
Las Vegas Revue Journal. Search Harry Reid .
Ceasars and MGM are backing for legalized on line poker.

First 2 years Licences to be held by casino and racetrack operators or companies who manufacture and supply slot machines to casinos.