Online Poker Legalization Nearly a Reality?
1
6 December 2010 , By: compncards

Senate Majority Leader Harry Reid from Nevada has introduced
the Internet Poker Act of 2010 that would effectively make
online poker legal. Â While many poker players and
companies are waiting with anticipation for the passage of
this bill, I figured I would take a couple of minutes and
review what this new bill would mean for internet poker as
it currently stands. First, only existing casinos, race tracks, and slot machine
makers will be authorized to have a license within the first
two years after the bill being passed. Â Furthermore,
existing online poker rooms are prohibited from transferring
their assets to a licensed entity.
Categories:
Harry Reid,
Internet Poker Act of 2010,
Legalized Online Poker