Update on the PPA
They seem to be almost moving towards honesty about the law when they say
While it is clear that UIGEA does not apply to Internet poker nationwide (federal case law has consistently held that the Wire Act applies only to sports betting, and very few states have any laws against Internet poker), the fact is that this legislation has had a chilling effect on your ability to access and patronize these legal businesses. In some cases, the new law forced some of the most well known competitors out of the U.S. market.
2 Comments:
I'm interested in the legislation they are pushing.
"Applicants for a license would be required to provide comprehensive financial statements and
corporate structure documents, and to agree to be subject to U.S. jurisdiction and all
applicable laws related to Internet gambling."
A-ha!
So basically they are asking for regulation (and taxation) of everyone who wants to allow US customers. But I'm a resident of Australia. Why should I be taxed by the US on my gambling on a site domiciled in the Isle of Man or Antigua?
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