« The FUPA | Main | Phil Ivey Still Drawing Live for His WSOP Bracelet Prop Bet »

UIGEA Update: Poker Carve-Out A Possibility?

We're a week late getting to this but definitely worth writing noting that some traction is being made for an online poker carve-out from the UIGEA.

The House Financial Services Committee approved a change to Rep. Barney Frank's (D-Mass) bill by a 30-19 vote that would clarify for banks what types of payments they can accept from processors. While sports wagering would still be illegal, online poker may get that carve-out the PPA has been fighting for over the past two years since we got Frist'd.

Said Rep. Frank:

"I would like to not tell adults that they can't put a bet down...But under this bill ... at least the banks will know what is and what isn't illegal. We're asking Treasury to give them a list."

More surprisingly is some hard-core one-time detractors seem to be coming around. One of those is Rep. Spencer Bachus (R-AL), who said:

"A lot of people out there that play poker on the Internet - they may lose their money but they're adults - and they went to their members of Congress."

Read the full article here and get a good editorial take here.

Bookmark and Share


TrackBack

TrackBack URL for this entry:
https://www.typepad.com/services/trackback/6a00d834515b6669e2010534d0a360970c

Listed below are links to weblogs that reference UIGEA Update: Poker Carve-Out A Possibility?:

Comments

Christian Louboutin

A certain amount of care or pain or trouble is necessary for every man at all times .A ship without a ballast is unstable and will not go straight

Joe Schmo

All types of casinos and other wagering outlets are heavily-regulated and watched. While I hate government involved with anything, with the Ultimate Bet and Absolute Poker BS I don't trust internet poker so I choose not to play it. That's my choice. With that being said, I think that internet gambling should be legal but regulated and heavily-watched.

The comments to this entry are closed.

WCP on Twitter

Girls on the Rail at 2008 WSOP

  • NEW PHOTOS ADDED DAILY


    Our photog at the 2008 WSOP is having a hard time focusing his lens on the pros at the table. We like him for that. Check out girls on the rail here.

Wicked Chops © 2005 - 2008

Protect Your Online Identity

Poker Camp

RawVegas.tv


  • For what's happening in Vegas now, go here.

Advertisements

  • We're kind of digging the snorgtees girls. You should buy their shirts. Check 'em out.

Poker School

Wicked Chops Poker Awards


  • Click here to see which poker players, online sites and hotties we "honored" this year.

The Word on Wicked Chops Poker

  • "Wicked Chops Poker are nobodies, the site is garbage."
    - Anna Benson
  • "A sophisticated and creative blog that pokes rambunctious, irreverent and most of all sexy fun at the game of poker and everyone who is connected with it."
    - PokerMagazine.com
  • "You've made me so angry I wish I could reach into my screen and just pound your scummy worthless head in!!"
    - a Nickelback fan
  • "If you ask me, you should just go straight to Wicked Chops Poker instead. These guys are awesome."
    - Kajagugu Poker
  • "...el blog más irreverente de la blogocosa norteamericana..."
    - Poquer Red
  • "Wicked Chops is wickedly funny. And wickedly irreverent. And posts a lot of photos of wickedly attractive women. If that ain't poker, what is?"
    - TypePad

  • Hear what Jamie Gold has to say about WCP here
  • "If Jamie Gold’s a dickhead; Wicked Chops has to be a medusa head full of dicks."
    - Pokerdog.org


  •  
  • Find online poker reviews, news and strategies with bestpoker sites bonuses like party poker bonus code. Also visit for great slots and us poker sites and usa poker reviews.

Categories

Busted Tees