Monday, October 16, 2006

Absolute Poker.com Responds to U.S. Anti-Poker Legislation

Absolute Poker.com - Absolutely Business As Normal : "'It is the belief of our legal and executive team that online poker is a game of skill and the prohibitions signed into law on Friday Oct. 13, 2006 by the President of the United States neither apply to online poker nor our business.

'All existing and new customers of Absolute Poker can rest assured their funds are safe and secure and that their online poker playing is entirely legal and can continue to enjoy playing poker uninterrupted at Absolute Poker.com -- our business will operate entirely as normal.
"

Good for you Absolute Poker!

While I'm disappointed in the fact that the online poker industry let this happen in the first place the response to it has been positive.

My take on this is the U.S. is that it's a protectionist move (check the history of the trade dispute between the U.S. and the Canadian softwood lumber industry for more) intended to hobble online poker (which the U.S. can't tax mostly) to give the bricks-and-mortar casinos a chance to set-up online (which they can tax).

--PB--

Absolute Poker!

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