Bill to regulate and tax online poker in US introduced

June 8th, 2007

Online gaming regulation advocates scored another small win today as Rep Jim McDermott (D-Wash) introduced the Internet Gambling Regulation and Taxation Enforcement Act.

The bill is intended to act as companion legislation to Barney Frank’s Internet Gambling Regulation and Enforcement Act, and proposes a 2% tax on all deposits, to be paid by gaming operators.

A press release issued by McDermott estimates that regulation and taxation by the terms of the act could generate 6-25 billion dollars in tax revenue in the first five years of enforcement.


Article Credit: john

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Daily Poker Quiz

AA on safe board, no limit full ring - DailyHandQuiz

Game type: 25/50 Full Ring Cash, PokerStars
Your image: Active, possibly a little frustrated
Opponent's image: Very aggressive preflop
Your hand: Ad Ah

The setup: You've had an uneven session so far and it's been a bit since you won a hand. This hand there's a poster in the hijack preflop. The table folds to him and he checks. You raise $200. The button folds and the SB three bets to $825. The BB and hijack fold, and you flat.

You have a good amount of history with the raiser. He is a very active three bettor and seems to have your number in recent sessions. He is very aggressive against your preflop raises, especially if there's a squeeze opportunity. He's also a pretty steady continuation bettor.

You flop about as dry as can be:

jc 2h 6d

The SB leads for $985 into $1750. What's your play?


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