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Showing posts with label Gary Loveman. Show all posts
Showing posts with label Gary Loveman. Show all posts

Thursday, May 19, 2011

CEO of Ceasars Pleads for Legal Online Poker

Fox News:

gary_lovemanWhat isn’t being said are the details of what kind of online poker game Gary Loveman and Caesars wants.  The answer to that question is most likely a game that where they control a large portion of the market themselves and a game where they are excluding offshore investors and players from participating.

Ultimately the devil will be in the details of whatever plan is enacted.  Harry Reid’s plan which included a 15 month (MINIMUM) blackout period was ridiculous yet many were for it.  What lame plan will we enable out of desperation instead of fighting the US crackdown legally based on the fact that online poker is not illegal and therefore the UIGEA does not apply to it (which further means that the laundering and other money manipulations were done because banks were frightened mob-style to not provide services to offshore poker providers)

I hope everyone keeps their eyes open and also remember if Fox News is for it there has to be a catch!