Sunday, April 5, 2009
Likelihood of USA's Unlawful Internet Gambling Repeal Investigated
1:34 AM | 
Posted by
coolvision
Once it comes to the situation of the United States' Unlawful Internet Gambling Enforcement Act (UIGEA), and the combat to get it turned over, there are many considerations at play.
Emphasizing that the UIGEA has had a devastating effect on the income of the poker industry as a whole -- and. Therefore, on poker affiliates as well -- Newell starts out by reminding us how offshore banks like Neteller had little choice but to abandon the USA after the UIGEA’s implementation. The effect was that the USA lost revenue not only from Internet poker, but also from the banking, advertising, and sponsorship services that go along with it.
Newell then makes a point of how the UIGEA has had a somewhat positive effect on the industry, at least in terms of engaging poker players to become more politically active. " … Through that progression of events,” she writes, “the poker industry spoke up. In turn, people of influence began to speak for us. The Poker Players Alliance (PPA) grew into an organization of more than one million members and gained former New York Senator Alfonse D’Amato as its Chairman. Members of the House of Representatives like Barney Frank and Ron Paul saw the UIGEA for the intrusive, prohibition-like law that it was and began efforts to reverse or change it. And for what it might be worth, the United States elected poker-playing President Barack Obama.”
She then moves on to the three key probabilities that anti-UIGEA advocates are most relying upon: President Obama’s power to overturn the Bush administration’s last-minute implementation of UIGEA in 2008; Barney Frank’s commitment to undermining and, if possible, eliminating the law; and the current economic recession that makes any added revenue streams immensely attractive -- including, possibly, revenue that could be gained from taxing a newly regulated online poker industry.
Newell is wise enough to acknowledge that the success of these anti-UIGEA movements will depend heavily on “the unpredictability of politicians and the political process” -- no small factor given the United State’s often contentious and closed-doors lawmaking processes. So, she ends on a note that calls on the players and affiliates to speak up for their rights:
“One major factor that will be necessary to sway the odds in the favor of the Online Poker room industry is the voices of the masses. It is more important than ever that we get involved, especially by letting members of Congress -- and President Obama -- know how we feel. The Poker Players Alliance provides easy access to governmental representatives.
Emphasizing that the UIGEA has had a devastating effect on the income of the poker industry as a whole -- and. Therefore, on poker affiliates as well -- Newell starts out by reminding us how offshore banks like Neteller had little choice but to abandon the USA after the UIGEA’s implementation. The effect was that the USA lost revenue not only from Internet poker, but also from the banking, advertising, and sponsorship services that go along with it.
Newell then makes a point of how the UIGEA has had a somewhat positive effect on the industry, at least in terms of engaging poker players to become more politically active. " … Through that progression of events,” she writes, “the poker industry spoke up. In turn, people of influence began to speak for us. The Poker Players Alliance (PPA) grew into an organization of more than one million members and gained former New York Senator Alfonse D’Amato as its Chairman. Members of the House of Representatives like Barney Frank and Ron Paul saw the UIGEA for the intrusive, prohibition-like law that it was and began efforts to reverse or change it. And for what it might be worth, the United States elected poker-playing President Barack Obama.”
She then moves on to the three key probabilities that anti-UIGEA advocates are most relying upon: President Obama’s power to overturn the Bush administration’s last-minute implementation of UIGEA in 2008; Barney Frank’s commitment to undermining and, if possible, eliminating the law; and the current economic recession that makes any added revenue streams immensely attractive -- including, possibly, revenue that could be gained from taxing a newly regulated online poker industry.
Newell is wise enough to acknowledge that the success of these anti-UIGEA movements will depend heavily on “the unpredictability of politicians and the political process” -- no small factor given the United State’s often contentious and closed-doors lawmaking processes. So, she ends on a note that calls on the players and affiliates to speak up for their rights:
“One major factor that will be necessary to sway the odds in the favor of the Online Poker room industry is the voices of the masses. It is more important than ever that we get involved, especially by letting members of Congress -- and President Obama -- know how we feel. The Poker Players Alliance provides easy access to governmental representatives.
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