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I know there are a few PO'ers from the area, so I thought this might be of interest.
Illinois Poker Legislation
"The law would vault Illinois to the top of the list when it comes to US states offering Internet gambling. Illinois' population of nearly 13 million is more than the three other states that have legalized online gambling-New Jersey, Nevada and Delaware-combined. It would be a huge step forward for regulated online gambling in the US."
courtesy of PokerFuse
So based off this there will still be no FT or PS
"Bad Actor Lockout
The legislation includes a “bad actor” clause restricting the issuing of an Internet gaming license to any applicant that accepted wagers via the Internet in violation of US law during the 10 years prior to their application.
Under the proposed law, Internet gaming vendors that supply “goods, software, or services to Internet gaming licensees” will not be granted a license if they accepted online wagers that have broken any US laws.
This stipulation is much broader than previous bad actor clauses, including the new five-year lockout introduced in Nevada. A proposed lockout in New Jersey was scrapped prior to signing.
It prevents all major online poker rooms and networks from applying for licenses, as all operated in the US market prior to the passage of UIGEA."
Yes, correct. Though I'm sure there are ways around this. Similar articles discuss 888 relocating to Vegas w/ new mngmt making clauses like "Bad Actor Lockout" inapplicable. Just bc PS and FT wouldn't able to be issued Internet Gaming Licenses doesn't necessarily mean they can't hold shares. Without fantasizing too much, perhaps something like different skins/cashiers wouldn't be out of the question.
Seems to be a large step in the right direction regardless.
Yop i agree with you also, think that will be really large step.
Probably a dumb question, but if a state legalizes online gambling, the it still is illegal since the national law trumps the state law, right?
all Hail Da Bears!! ohhh wait this is a poker thread.
There is no federal laws against gambling on or offline. The laws that shut down online poker are against money laundering. It just needs to be licensed, which is now going through legislation throughout states.Quote:
Originally Posted by jasonv12
It's a Chicago/Illinois thread. Da Bears!!Quote:
Originally Posted by Drywallman3
We wont see pokerstars for at least 10 more years!
I hope that is not true that US online gamers won't see pokerstars for 10 years
Oh, I see. Thank you for that clarification.Quote:
Originally Posted by oVITOo