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Gaming law and Florida politics
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Last week, the Southern District Court of New York was very busy. The U.S. attorney took a bold step against online gaming and froze $30 million belonging to the two of the largest online poker sites: Poker Stars and Full Tilt. According to the Associate Press and widely reported, the funds are to be considered “seized” by the FBI as proceeds from illegal activities.
What does all this mean for on-line players? Currently, the e-check option is disabled on Poker Stars. Some players have reported receiving funds from Western Union; however, the Poker Players Alliance is actively trying to free-up all assets which should allow individual players access to their funds. According to their website, “The PPA’s mission is to establish favorable laws that provide poker players with a secure, safe and regulated place to play. Through education and awareness the PPA will keep this game of skill, one of America’s oldest recreational activities, free from egregious government intervention and misguided laws.” They are supported by member donations.
Floridians are very fortunate. There are plenty of live-action cards rooms where players can legally play poker. Currently, the buy-in is limited to $100 at a time, but current legislature is pending to change this requirement; SB788. It has been sent to the Governor for signature and has a due date of 6/19/09. The bill allows for more poker venues, longer hours and to the chagrin of the younger players an increased gaming age to 21. It is not clear how quickly the new rules will be implemented. In addition, the Seminoles still need to sign a new compact.
There will be a lot of changes in the near future both in Florida and online. Stay informed and get involved. One voice can make a difference. See you at the tables....
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