Tag: poker

Video poker arrives to mix reception in Chicago area

The expansion of legal gambling continues across the United States. The state of Ohio approved four casinos, and there’s already evidence that the new casinos in Cleveland and Toledo are pulling customers away from casinos in Detroit, Pennsylvania and West Virginia. Las Vegas has all sorts of problems as they no longer attract as many high rollers, but as more casinos open across the country that has to have an impact as well.

In Illinois, the state will be rolling out the first legal video poker machines to offer payouts to customers. Now, not everyone in the state will be able to play in their immediate neighborhood, as many local areas including Chicago have their own laws restricting the games. But obviously the new poker games will just be a car ride away for most residents, so expect this to find a market as well. Of course for years poker fans could just look up an online poker guide to find the most popular poker sites and play in the comfort of their own home.

In some ways, all of this just keeps making poker more popular as a game, and that’s good for the entire industry. More players means a bigger pie for everyone to share. But the companies and outlets sharing the pie might be growing faster than the number of new players.

it will be fascinating to see how all of this plays out. With the feds saying they have no jurisdiction here, we could be another round of expanding interest in poker, one of the great all-time games of skill, and many companies can benefit from this.

Online poker legislation is still a longshot

Poker fans all over American suddenly become interested in politics now that Senate Majority Leader Harry Reid is trying to slip in a provision legalizing online poker into the tax cut compromise.

Now some lawmakers want to allow U.S.-based casino companies to get into the game — and a cut of the $25 billion-a-year pie — by quietly pushing for a change in the law before the end of this year.

A draft bill, first reported by the Wall Street Journal and obtained by ABC News, would legalize online poker playing in the U.S., and establish licensing and reporting requirements for companies, as well as safeguards for consumers. It would also generate tax revenue from wagers, for state and federal governments.

Forms of online gambling other than poker would remain prohibited under the bill.

Legalization of online poker forums has long been sought by the U.S. casino industry which says federal gaming regulations have unfairly handicapped their business in a flourishing online marketplace and left American consumers vulnerable.

The problem is that the bill is rigged to favor established casino interests in Nevada, so you have many saying the bill isn’t fair and that it’s a payback to Reid’s campaign supporters.

That said, it’s ridiculous that millions of Americans are prohibited from participating in an activity they enjoy.

Where does it stand now? Many Republicans are against it – they want to tell you how you can live our life.

But Harry Reid insists he still pushing the deal in the lame-duck session. It’s an uphill climb, but anything can happen.