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Is Online Poker Legal?

Is Online Poker Legal?

By Dan Cypra for POKER NEWS DAILY

December 02, 2008 - CBS News program “60 Minutes,” which aired on Sunday night, claimed on multiple occasions that online poker was illegal in the United States. Near the top of the show, correspondent Steve Kroft narrated, “We should tell you that this $18 billion industry is illegal in the U.S.” However, is that really the case? Is online poker really illegal? Poker News Daily sat down with gambling law expert Professor I. Nelson Rose to discuss the legality of online poker.

Interestingly, Rose noted that the producers of the popular Sunday night program called him in order to ask his interpretation of whether online poker is legal. He told Poker News Daily, “I thought I made it clear to them. You can’t say for sure that online poker is illegal. There are too many variables. The show gave the false impression that it’s a crime to play poker when in fact in probably half of the states, you’re not committing any crime at all.

Read the full article on Poker News Daily: http://www.pokernewsdaily.com/is-online-poker-legal-770/

Terrapinn - GAMING EXECUTIVE SUMMIT

LOCATION: Madrid, Spain


DATES: July 7-9, 2009

10% discount for IGC members

The annual gaming conference for online and offline casino operators. As part of a global series of leading Gaming conferences held in Asia and Australia, Terrapinn’s Gaming Executive Summit attracts operators, gaming consultants, regulators, investors and legal experts from around the world to discuss the key challenges and opportunities in the gaming sector.

LINK: http://www.terrapinn.com/2009/gamingeu/index.stm
Online Casinos Needed by Congress, Says AGA President

Online Casinos Needed by Congress, Says AGA President

Fahrenkopf asserts that there may be billions in revenue for the federal government through taxation of online casinos.  

By Matt Miller
Online Casino Advisory.com

November 16, 2008 - The land casino industry is starting to examine options regarding online casinos. Last week, the president of the American Gaming Association offered his opinion that legalized online gambling is the future in the United States.

Frank Fahrenkopf runs the organization responsible for representing the giant casino operators. On the board of the
AGA are such gambling executives as Steve Wynn, Gary Loveman of Harrah's Entertainment, and Dan Lee of Pinnacle. This group has extensively lobbied in the past to keep Internet competition at bay by banning it.

But now, giant land casino resorts are next to impossible to finance, and revenues are dropping as travel becomes too expensive for many gamblers. And a new vision is taking place at the American Gaming Association.

Fahrenkopf sees the legalization and regulation of Internet gambling as key to Congressional budgets. Fahrenkopf, who knows politics from his days as chairman of the Republican Party during the Reagan Presidency, says in an interview with the Reno Gazette, "...any Congressman or Senator who introduces a piece of legislation that is going to cost something will also have to show how they are going to pay for it, either by cutting spending in one place or raising taxes in another. So we know under those circumstances, they will be looking around at a place to get additional revenue."

Fahrenkopf asserts that there may be billions in revenue for the federal government through taxation of online casinos. And it's clear through his statements that some of his members are rethinking online gambling.

Fahrenkopf mentions that Harrah's, as owner of the World Series of Poker, would be interested in exploring Internet opportunities. And he also mentions
MGM Mirage as being another company eyeing the great returns on relatively minuscule investment of online casino gambling.

The net result is that a lobby dedicated to preventing any incursions by Internet casinos now may reverse itself, pressing for online gambling as best for all concerned.

Published by: http://www.onlinecasinoadvisory.com/casino-news/online/aga-looks-to-online-gambling-42321.htm



Clarion Gaming & Beacon Events - 7TH ANNUAL ASIAN I-GAMING CONGRESS & EXPO

LOCATION: Venetian, Macau

DATES: February 24 -26 2009

Bigger and better than ever!

AiG, Asia's premier and largest i-gaming conference and expo returns to the Venetian, Macau from the 24-26 February 2009. AiG 2008 was a huge success with just under 500 attendees enjoying three days of conferencing and a sold out exhibition. With the continued success of its sister event EiG, the world’s largest i-gaming conference, AiG will occupy more space this year with a bigger exhibition area and more delegates anticipated to attend.

The Asian i-gaming industry continues to grow at an exponential rate with more companies setting up operations there. This conference is perfectly placed for all parties interested in the region. The conference program will have something for everyone, whether you are already established in Asia or view the region as the next opportunity for your company, you will find the event gives you the information you need for your business to succeed.

LINK: http://www.aigcongress.com/en/home.html

Clarion Gaming - BETMARKETS

LOCATION: Vienna, Austria

DATES: March 4-5, 2009

Home for sportsbetting professionals!

Bet Markets focuses on filling your needs to improve customer acquisition, expand abroad and domestically, and diversify your revenue channels.  It is the only conference to focus on the needs of online and offline sports books.

 Be at Bet Markets 2009 to benefit from exceptional sessions on:

- Customer acquisition and retention in a competitive market
- Diversification of your revenue streams
- How to expand abroad and succeed in emerging markets
- The definitive legal and regulatory round-up of all key European countries
- Market dynamics, partnerships and a focus on in-play betting
- Betting shop and online specific tracks

2009 will present a wealth of opportunities for sports books.  How will you take advantage ahead of your competitors?

LINK: http://www.bet-markets.com/2009/index.cfm

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