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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.
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Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
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3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
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