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IS REID READY TO MAKE HIS MOVE ON INTERNET POKER?
Tuesday December 6,2011 : Rumour mill gets into gear on news that Reid is to introduce a new financial measure this week
For months there has been rumour and speculation that Nevada Senator Harry Reid, after working behind the scenes with Senator Jon Kyl, is about to launch an internet poker legalisation initiative in Congress. Over the weekend this interesting possibility took on new life following a Fox News interview.
In the interview Sunday, Senator Kent Conrad revealed Sen. Reid was about to introduce a bill extending tax cuts, and that the cost of this would be covered by other [unspecified] revenue generating initiatives. This immediately triggered speculation that this could signal the attachment of an internet poker legalisation provision.
“Majority Leader Reid called me yesterday and said he will propose tomorrow a compromise plan to extend the payroll tax cut,” Senate Budget Committee chairman Conrad revealed. “He will offer it at that point — I don’t think it’s probably in my purview to announce his plan — but he indicated to me it will be paid for. It will be paid for in a serious way.”
Then Sen. Tom Coburn told interviewer Chris Wallace that he is opposed to paying for a one-year tax cut "through measures that would span the next decade." That was seen as a reference to the projected billions that the legalisation of online poker has the potential to generate over a ten year timeline - an argument often used by pro-legalisation politicians.
“The principle that you would in fact create a tax cut and then say you’re going to pay for it over 10 years is exactly why we’re bankrupt as a nation,” said Republican Coburn.
Reid's office had not commented on the new measure when InfoPowa went to press Monday.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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