2010 May 20 Poker News, Events and Happenings
Congressman Jim McDermott joins us to discuss issues surrounding HR4976, otherwise known as the Internet Gambling Regulation and Tax Enforcement Act. He has been a proponent of legalizing and taxing online gambling and poker and was in attendance at the recent Ways and Means Committee meeting. In this interview exclusive to Poker News Daily, Rep. McDermott discusses why he re-introduced the bill back in March, how passing the bill would raise needed tax revenue and add jobs, as well as his pulse as to where we are in terms of progress of getting this bill passed. He also weighs in on what poker players can do to help their cause getting online poker expressly legalized within the United States.
Wednesday night may have marked the final installment of the UB.com sponsored poker news program “Poker2Nite.” UB.com officials declined to renew the show for a third season, according to show co-host Scott Huff.
Phil Laak apparently doesn’t like sleep, seeing as the record he’s trying to break involves him not sleeping for quite a bit of time. Also, it seems that Poker2Nite has been canceled. Wondering what else is going on in the poker world? We’ve…
On today’s Daily Deal, Dan Cypra gives us the lowdown on the congressional hearing on online gaming, Daphne “Tweety” Turner sets a new WSOP circuit record, and we find out which celebs will attend Ante up for Africa at the WSOP this year.
The World Series of Poker (WSOP) will be offering something new to each of its bracelet winners this year. For the first time ever, a personalized bracelet will be awarded to the winner of each of the 57 official tournaments, and no two will be alike.
With the 2010 World Series of Poker (WSOP) less than two weeks away, poker players around the world are making all kinds of last minute preparations – accommodations, travel plans, playing schedules – before descending upon Las Vegas.
On Wednesday, the House Ways and Means Committee hosted a hearing discussing tax proposals related to internet gambling. Taking center stage was Congressman Jim McDermott’s (D-WA) HR 4976, the Internet Gambling Regulation and Tax Enforcement Act. The measure calls for a 2% federal tax and 6% state tax on internet gambling deposits, which could amount to as much as $72 billion over a 10-year period.
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