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PPA Wants More Details on Kyl-Reid Poker BIll
Sunday September 23,2012 : POKER PLAYERS ALLIANCE WANTS MORE DETAIL ON KYL-REID BILL (Update)
Vague wording prompts Alliance to request more information...but it has so far not been forthcoming
John Pappas, the executive director of the Poker Players Alliance, has reservations about the draft copy of the Reid-Kyl online poker legalisation bill but has apparently experienced some problems in getting essential details.
Pappas revealed this week that the vagueness of the language in the bill was a concern, but that he had thus far not been able to obtain a full copy for a complete study.
"We've asked for the language multiple times and it's not being shared with us or anyone that I'm aware of," Pappas said. "Even other key Senators in the process do not have the language. We're at a disadvantage not knowing exactly what is meant by parts of the summary text."
The PPA has noted four major areas of concern based on the information currently available; these include the prolonged 15 month 'blackout period', which the PPA would like to see reduced to 6 months.
There is also a five year ban on participation in the US online poker market by companies that continued to offer online poker to US players after 2006 when the UIGEA was implemented, and this needs more clarification.
Another key provision with which the PPA is unhappy is the introduction of penalties against players, something which was absent from previous Reid proposals. The draft seeks to deter U.S. poker players from using US-unlicensed sites by threatening forfeiture of "any property involved in or traceable to a gambling transaction in violation of the new act."
Finally, the Alliance has reservations about the ban on US licensed operators taking offshore business or participating in international player pools, which it feels reduces online poker liquidity.
"There's certainly enough liquidity in the U.S. to have a robust market, but I think players would benefit from international liquidity," Pappas said. "We'd like to see language that leaves the door open for the possibility of the U.S. market to compact with other legitimate and regulated marketplaces throughout the world."
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Mybet Earnings Struggle -
The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".
Tom Horn Awarded Malta Gaming License -
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.
Calvin Ayre invests in new Antigua Business Center -
Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.
Attack of the Zombies Slot -
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.
Why is FullFlush Poker Still Down -
Its now almost a month since Full Flush Poker went offline "for a platform upgrade" and stopped communicating with its reportedly many unpaid and unhappy players. All trace of the operator - and means to communicate with it - have vanished.
Time Running Our For Pennsylvanian online gambling -
Hopes that this week would see the Pennsylvanian Senate voting on an online gambling and DFS legalization bill already passed by the House four months ago dwindled Wednesday when no progress was made and the legislatures season officially closed.
Yggdrasil Gaming Expanding -
The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.
FanDuel and DraftKings Settle With NY Attorney General -
Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
Stan james Now Live With EPOS -
The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.
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