Good news about online poker in the U.S.?

[FastOne]

Yep, feds get 2 percent, states get 6 percent and pokersite gets 5 percent for a rake. Just so we can keep having our addiction. When am I going to realise that the juice is getting too high to play a game I love. Remember the house only having a 1% advantage in some house games. This might not be one of them.

Hopefully, the tax % would come from the rake %, meaning the poker site(s) would be getting less money because they'd be sharing their cut with the US government... hopefully.

[brayx13]

YES! If they start regulating poker then you KNOW marijuana next! Great news for the stoners of America!

[Prawney]

Taxing poker will be tough. What if u lose like $2k over the space of a few months and then at the end win a tourney for 2k. So your going to pay tax on this $2k even though you arent any better off. What if you only win $1K so your paying tax on this $1k even though your still in the red $1k. You should only have to pay tax on your profits. And there is no easy way to keep track of that that cannot be easily manipulated

[seaeyes]

I've said all along that I can't beleive the goverment did not jump on the band wagone along time ago. Give us back our right to play online.

[TheBeesKnees]

Eh, I dunno. I read too many hopeful articles hoping to find some insights into the matter. Only thing that will excite me is a time table and which sites are going to be reintroduced in our country. Otherwise, I'll just assume it'll take years for this to happen.

[bmeelneg]

Lots of wishful thinking in this thread...

For a bill to become a law, lots of things need to fall in place. This bill is "stuck in committee" ... I think the article was talking about this bill.... H.R. 1174: Internet Gambling Regulation, Consumer Protection, and Enforcement Act (GovTrack.us)

For those that have no idea what stuck in committee means, this might help .... some classic Schoolhouse Rock
YouTube - ‪Schoolhouse Rock- How a Bill Becomes a Law‬‏

--- I literally LOL'd at this youtube comment
"Why did they cut this vid?!?

They skipped the part about the Lobbyists, the political opportunists and the under-the-table exchange of money... That's the best part!!"

[RVCrusher]

New online bill

Rep. Joe Barton's Online Poker Bill Almost Drafted - CardPlayer.com

[sonyk4]

have not even heard of it

[eberetta1]

I'm just a bill, yes I'm only a bill, and I got as far as Capitol Hill. Well, now I'm stuck in committee and I'll sit here and wait while a few key Congressmen discuss and debate whether they should let me be a law. How I hope and pray that they will, but today I am still just a bill.

Next week, Conjunction Junction, what's your function?

[annierc6]

I really hope that this is all over soon.