Thoughts on the Reid/Kyl Online Poker Bill

On Friday, copies of the purported Internet Gambling Prohibition, Poker Consumer Protections, and Strengthening UIGEA Act of 2012 appeared. The draft of the legislation is just that: a draft. The actual legislation that might pass Congress in the lame duck session could be wildly different. In any case, I’ve read through the legislation and have some thoughts on it (on the tax, poker, and public policy aspects of the measure). Because some of you are not interested in this legislation, I’ve put the analysis in the cut below.

2 Responses to “Thoughts on the Reid/Kyl Online Poker Bill”

  1. brad says:

    Russ, what is the basis for Feinstein and Boxer’s objections? Is it because the Indian tribes don’t want the competition?

    • Russ says:

      Feinstein’s objections appear to be of the nanny state variety: People aren’t intelligent enough to handle online gambling. Boxer has never stated her reasoning.