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US Internet Gambling Regulation Hearing on Friday

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  • #603154
    Anonymous
    Inactive

    Just in time for CAP Spring Break… A hearing was announced today for Friday for the US House to discuss the possibilities of regulation of Internet gambling in the US.

    http://www.casinogamblingweb.com/gambling-news/gambling-law/us_internet_gambling_regulation_to_be_discussed_on_friday_46396.html

    #738827
    Anonymous
    Inactive

    hahahah party poker want to know if they will be able use their huge database of US players in the future or if they should just sell them lol

    Wonder who will would buy it – prob Bodog as i know they like to buy databases.

    #738842
    Anonymous
    Inactive

    yes, this is so obvious, they just want to get their hands on the tax revenues and provide a protected industry for the US land based casinos.

    I was thinking though, let’s say the ten largest land based US based casinos get together and through collusion offer a mere 5% affiliate commission. At first you think it is slack, but let says 5 times the amount of people in the US start playing online than before October 2006, then we have a market 5 times the size it was, which would be in effect 5 times thes 5% average commission – equalling the 25% standard microgaming commission before.

    In addition, people might be more willing to play with these brand names and deposit more, especially if a) they know the brand and b) the deposit methods can include simply internet banking account transfers.

    We may only need double the players before at 5%, if they deposit more and more.

    It sill stinks though how the a##@## hole who tagged on the UIEGA got donations from Harrahs…I am just saying it is not all bad news if they regulate and license it, in that it will never be repealed and go back to what it was before.

    online gambling activity in the USA which is legal and which we get some commission, has to be better than now.

    #738925
    Anonymous
    Inactive

    It would be fantastic for online bingo.

Viewing 4 posts - 1 through 4 (of 4 total)