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A new ruling by the Department of Justice stipulating that The Wire Act no longer applies to online poker has caused a split between the Indian tribes in the US. The tribes have long resisted legalized Internet gambling.
From Politico.com:
Some tribes see the ruling as a potential business opportunity, creating a chance to expand their gaming operations to the Web. But others who don’t have money to invest in online sites, say they can’t compete with flashy Las Vegas sites or fear cannibalizing brick-and-mortar gambling operations.
Tribal leaders and American Indian casinos, however, mostly agree that federal online poker legislation as written — which would make online gaming legal across the land, except in states that opt out — would squeeze tribes too hard.
“Now they are concerned that this ruling is going to be the impetus for the federal legislation,” said Penny Coleman, a lawyer who represents tribal nations. “They’re worried there’s going to be this big push now.”
More Poker News Headlines for Thursday, January 5, 2012 (Late Morning Edition)
Lock Poker Player Of The Year Introduced – Lock Poker has not only announced its exclusive sponsorship of the CardPlayer.com Player Of The Year, they will be offering their own. This will provide Lock pros with all the more motivation to go out there and win, win, win! New pros were expected to be signed up as early as this week so stay tuned. Learn more about Lock Poker here>>>>
LA Poker Classic 2012 Begins January 18 - Tournament poker's major championship season begins January 18 with the much-anticipated 20th anniversary LA Poker Classic at Commerce Casino.
The 45-day event features 50 separate tournaments offering an anticipated $20 million prize pool, with a wide range of open poker events of varying limits, games and buy-ins.
The signature event is slated for February 24-29 when the World Poker Tour televises the LA Poker Classic No Limit Texas Hold 'em Championship Tournament.
- Patrick Flanagan, Gambling911.com
