Taxable Talk

From Russ Fox, E.A., of Clayton Financial and Tax of Irvine, CA
All items below are for information only and are not meant as tax advice.
Please consult your own tax advisor to see how each item impacts your own situation.
Poker Strikes Out in North Dakota
The proposal that would have legalized Internet poker sites based in North Dakota was crushed in the North Dakota senate 44-3, as reported by the Grand Forks Herald. As Senator Carolyn Nelson noted, "There are at least three federal laws out there that make this legislation suspect." Additionally, the US Department of Justice sent North Dakota a letter informing them that the proposed legislation violated US law. Don't expect any state to pass pro-Internet gambling legislation in the near future.

Next up on the Internet gambling front is the WTO decision on the US appeal of Antigua's complaint regarding US anti-Internet gambling regulations. That decision is due out later this week.

Related Posts (on one page):

  1. Poker Strikes Out in North Dakota
  2. Online Poker: North Dakota's New Revenue Source?