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Thread: A New Deal Worth Fostering for poker

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    A New Deal Worth Fostering for poker

    A New Deal Worth Fostering
    Howard Lederer, a.k.a. "the Professor," is a professional poker player, not a gambler. If Congress will acknowledge this distinction, it will rectify one of its recent mistakes.

    In 2006, Congress, cloaking cunning with moralizing, effectively outlawed Internet gambling by making it illegal for banks or credit-card companies to process payments to online gambling operations. This was more than moral pork for social conservatives. It also blocked online competitors from poaching gamblers from the nation's most aggressive promoters of gambling -- state governments. They are increasingly addicted to revenue raised by lotteries -- the 42 states that have lotteries spent $520 million in 2007 promoting them -- and from taxation of other legal gambling. The law exempted Internet state lotteries and two powerful and vocal interests -- online betting on horse racing and some fantasy sports betting online.

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    Quote Originally Posted by BingoT View Post
    A New Deal Worth Fostering
    Howard Lederer, a.k.a. "the Professor," is a professional poker player, not a gambler. If Congress will acknowledge this distinction, it will rectify one of its recent mistakes.
    Good point BingoT....makes sense to me!!!!

    and think about the fact that espn....and other sports channels are making a killing on the poker tv shows...most sponsored by full tilt...an online poker place.
    Last edited by gaputernut; 16th August 2009 at 09:18 PM.

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