Poker Player Alert!
Posted on November 12, 2008
Filed Under General
If you are either a U.S. poker player or a non-U.S. poker player who would like to play against the rich and fishy U.S. players again, then you need to take a minute to read this blog. I will keep it short and precise because there is something you need to do.
There is a lot of angry noise about the outgoing Bush administration passing a lot of regulations in their final days in office, including finally coming out with the rules for the 2006 Unlawful Internet Gaming Enforcement Act.
Well, first the facts, this happens every time a U.S. President leaves office. This is not unusual and there will literally be hundreds of new regulations put in place in the next two months. Just another dirty side of American politics.
However, the UIGEA is already law, what has been offered up, as of yesterday, are the first "proposed" implementation guidelines. But here is the important thing to know: These are proposed rules and are now open to public comment by anyone. All you have to do is take a minute or five and write that you are opposed.
To be sure the American financial industry is opposed and they will say so loudly and publicly. But you are against these rules too and you have the right to be heard and you don't need to be a U.S. citizen. Below are the means to forward your comments and an additional link to the Obama Transition Team to let them know of your concern.
Probably the easiest way to communicate your thoughts is via email to regs.comments@federalreserve.gov, be sure to include the docket number in the subject of your email, it is R-1298.
There are also two websites for offering your comments either the Federal Reserve or the Federal RuleMaking Portal. Just follow the instructions to "comment".
To copy the Obama people, use this link.
And finally, if you would actually like to read the proposed rules, here is the site.
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