Poker Regulations Up This Week
The Unlawful Internet Gambling Enforcement Act is coming online at some point this week, and the public will have access to the information to see what the exact impact on poker the UIGEA will have. An online gaming lobbying group, iMEGA, sent out an email announcement speculating that this would occur, and Bloomberg has reported that the Fed and the Treasuring are drafting regulations in preparation for the publishing of the UIGEA. While the biggest impact on the industry was felt last year as online poker rooms shifted away from the US, speculation is rampant on what is coming next.
Related Articles:
Online poker may be out in Norway
French look to online gambling, snub poker…
Related Poker News:
- House Hearing Examines Burdensome UIGEA Regulations
- Poker Players Alliance Plans for the UIGEA
- New IRS Regulations for Poker Tournaments
- Neteller makes U-turn: says it will comply with UIGEA
- Tavern video poker games face new regulations
- EU Poker Reg Meeting Postponed by US
- Big Tax Hit for Poker Players Fizzles
- Praise for US Suspension of UIGEA
- UK releases new license regulations
- The Nightly Turbo: Regulations in Costa Rica, Hellmuth Hosts a Charity Tournament, and More
- The PokerNews Interview: PPA Executive Director John Pappas, Part 2
- No More Delays for the UIGEA
Poker dictionary:
- POCKET PAIR - Generic Hold'em term for 2 hole cards of the same rank.
- CRYING CALL - A call made with little chance of ultimately winning, but marginally better than an immediate fold.
- FOLD - To decline to call a bet, thus dropping out of a hand.
- TOKE - Gambling term for "tip", as in "Toke the cocktail waitress". Comes from the term "Token of appreciation".
- DRAWING DEAD - A draw in which it is impossible to obtain a winning hand for any of a variety of reasons: an opponent's hand is better than whatever you are drawing to, the card(s) that make your hand are out of play, or (in Hold'em) give an opponent a stronger hand even if it makes yours. Frequently used in the past tense, since one rarely knows it at the time.
- SPLIT [OPENERS] - In draw poker, to discard one or more openers, usually to draw to a straight or flush. Normally requires the opener to declare the act and retain the discards so that the act of opening can later be validated.
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