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A plan by Senator Harry Reid to limit online gambling to poker, horse racing, and lottery...
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Monday, November 19, 2012, 12:59 PM ETA plan by Senator Harry Reid to limit online gambling to poker, horse racing, and lottery tickets is given a fighting chance to make it through Congress after Mitt Romney failed to win the Presidency. Before any federal framework is in place, Nevada will allow intrastate online poker play in a "proof-of-concept" demo on how states can regulate the activity. Gaming execs remain divided on the issue with proponents expecting brick-and-mortar casinos to realize big benefits from the speed of play and wider audiences online poker offers, while naysers see less liquidity in a game where it's rather easy for all the big fish (pros) to devour the small fish.
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And it is gambling. My tongue is not in cheek. It is, and I love it. I recognize that there's something to be said for capital formation, but let's face, these financial markets aren't about capital formation. Those days are long gone.
You are making a guess based on incomplete information and odds.
Software to identify the skill level of each player.
I think that the Bill presented to Mr. Reid is stretching it a little to far by requiring IP owners, (inventors) of online casino technology be licensed. They're innovators; not online casino operators.
The Bill should be expanded to include other casino card games.
Poker only benefits the casinos and highly skilled players. The casinos don't have to invest in a "bankroll" as they only provide a service in exchange for the rake. Why prevent the non-professional from wagering on Blackjack and Baccarat?
Dale Hill