Internet Gambling Bill HR 2267 Up to 70 Co-Sponsors

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HR 2267, the Internet Gambling Regulation, Consumer Protection, and Enforcement Act, was passed out of the House Financial Services Committee last week by a 41-22 margin. On the same day as the measure was approved, HR 2267 picked up its 70th co-sponsor, Congressman John Campbell (R-CA). A total of 18 amendments to HR 2267 were… Read more »

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Introduction to Poker Taxes

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The following article was written by Ann-Margaret Johnston for Poker News Daily. Visit PokerDeductions.com for more information. I am often asked about what poker players need to know to stay out of trouble with the Internal Revenue Service (IRS).  This is quite a loaded question.  Without a knowledgeable person to guide you, it’s easy to… Read more »

Poker Legislation

Poker Players Alliance Reacts to Passage of HR 2267

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The tireless work of Rep. Barney Frank and the Poker Players Alliance finally made some progress Wednesday as HR 2267, the Internet Gambling Regulation, Consumer Protection, and Enforcement Act, passed the House Financial Services Committee by a vote of 41-22. The result can be viewed as a small but important victory for the poker community,… Read more »

Poker Legislation

HR 2267 Passes House Financial Services Committee

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After postponing the hearing on Tuesday, the House Financial Services Committee met on Wednesday to discuss Rep. Barney Frank’s proposed bill H.R. 2267, the Internet Gambling Regulation, Consumer Protection, and Enforcement Act. Many representatives were on hand to file amendments and make their voices heard, and after several hours the bill was passed by a… Read more »

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Full Tilt, PKR Approved for French Offerings

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Monday night, ARJEL (Autorité de Régulation des Jeux En Ligne, which means the Authority of Regulation of Online Games), the French online gaming regulatory body, issued nine new licenses to companies wishing to offer internet gambling services to French customers. Full Tilt Poker and PKR were amongst those nine who may now get back into… Read more »

Poker Legislation

Spencer Bachus Out as Ranking Member of Financial Services Committee?

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According to an article that appeared in the Capitol Hill publication Politico on Wednesday, Congressman Spencer Bachus’ (R-AL) designation as the Ranking Member on the House Financial Services Committee may be in jeopardy. One Republican lawmaker told Politico, “Spencer is aware that he’s not in a strong position because he’s not a strong leader.” Bachus… Read more »

Poker Legislation

Internet Gambling Industry Evaluates Financial Services Committee Hearing

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On Wednesday, the merits of HR 2267, the Internet Gambling Regulation, Consumer Protection, and Enforcement Act, were debated in the House Financial Services Committee. Now that the banter has ceased, several industry organizations have had a chance to weigh in, including the Poker Players Alliance (PPA) and Interactive Media Entertainment and Gaming Association (iMEGA). UB.com… Read more »

Poker Legislation

Markup of HR 2267 to Occur Week of July 26th

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A lengthy hearing in the House Financial Services Committee on Wednesday featured discussion of HR 2267, the Internet Gambling Regulation, Consumer Protection, and Enforcement Act. After a fairly standard hearing by internet gambling standards, Congressman John Campbell (R-CA) dropped a bombshell, alluding to a markup hearing of the bill next week. As of the time… Read more »

Poker Legislation

Financial Services Committee Hearing Features Annie Duke

Financial Services Committee Hearing Features Annie Duke Thumbnail

Wednesday’s hearing on internet gambling in the House Financial Services Committee has been pushed back one hour to 2:00pm ET. Also announced on Tuesday were the five witnesses that will present testimony in front of the Barney Frank-led group. Included in the panel is Poker News Daily Guest Columnist, UB.com sponsored pro, and reigning National… Read more »

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Internet Gambling Hearing Scheduled for July 21st in Financial Services Committee

Internet Gambling Hearing Scheduled for July 21st in Financial Services Committee Thumbnail

Next Wednesday, July 21st, the House Financial Services Committee will hold a hearing succinctly entitled, “HR 2267, Internet Gambling Regulation, Consumer Protection, and Enforcement Act.” The bill, introduced by Committee Chairman Barney Frank (D-MA), establishes a comprehensive licensing and regulatory framework for the internet gambling industry in the United States. Unlike past hearings, which have… Read more »

Poker Legislation

Markup of Barney Frank Internet Gambling Bill Expected Soon

Markup of Barney Frank Internet Gambling Bill Expected Soon Thumbnail

At the 2010 World Series of Poker (WSOP) in Las Vegas, officials from the Poker Players Alliance (PPA) told Poker News Daily that the major pro-internet gambling bill in Congress may be marked up this week. However, no hearing appears on the schedule of the House Financial Services Committee. The PPA had originally expected HR… Read more »

Poker Legislation

PokerStars Licensed by ARJEL to Operate in France

PokerStars Licensed by ARJEL to Operate in France Thumbnail

After not being included on the original list of operators, PokerStars has earned a license to be able to operate an online poker site in France. It was announced on Tuesday that ARJEL (Autorité de Régulation des Jeux En Ligne, or the Authority of Regulation of Online Games), the French organization that is in charge… Read more »

Poker Legislation

California Online Poker Bill to be Debated Tuesday

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On Tuesday, Senate Bill 1485 will be debated in the California Senate Governmental Organization Committee. The measure, introduced by Rod Wright (D-Inglewood), paves the way for legalized and regulated online poker in the west coast state, which has been plagued by budget shortfalls. The Morongo Band of Mission Indians has come out against SB 1485,… Read more »

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PokerStars Restricts French Online Poker Play

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Effective June 24th, action on PokerStars.com for French players was blocked due to new regulations put in place by the country’s government. A popup that appeared for French users read in part, “All money in PokerStars accounts is 100% safe and is available for withdrawal. You can choose to cash out now if you prefer.”… Read more »

Poker Legislation

PPA Urges Online Poker Regulation on AmericaSpeakingOut.com

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On Monday, the Poker Players Alliance (PPA) issued an action alert to its one-million members authored by 2004 World Series of Poker (WSOP) Main Event champ Greg Raymer. The alert calls for support of the PPA’s efforts to legalize and regulate online poker in the United States on AmericaSpeakingOut.com. The Republican-oriented website, according to Raymer’s… Read more »

Poker Legislation

Poker Players Alliance Introduces iPhone Application

Poker Players Alliance Introduces iPhone Application Thumbnail

There’s good news on the way for everyone who loves the Poker Players Alliance (PPA). The lobbying organization recently released an application that can be found in the Apple App Store.  The PPA app will work on your iPhone, iPod Touch, and iPad, with a low cost of $0.99 that goes to promoting the game… Read more »

Poker Legislation

UIGEA Compliance Deadline Set for Tuesday

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Barring a last-minute breakthrough by the Poker Players Alliance (PPA), U.S. Treasury, or Federal Reserve, the regulations of the Unlawful Internet Gambling Enforcement Act (UIGEA) will go into effect on Tuesday, June 1st. In November, the Treasury and Federal Reserve granted a six-month delay in mandatory industry compliance with the UIGEA’s rules until June 1st.… Read more »

Poker Legislation