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I. Nelson Rose Gaming Guru - Page 8  Gambling and the Law: A Law Professor Looks at Poker's Black Friday6 May 2011
In a previous blog, I wrote that the timing was suspicious. Why did the federal Department of Justice (“DoJ”) make its big show on Friday, April 15, 2011, when the grand jury had been meeting for more than a year?
We might not know the reasons for the timing. But we can understand why the prosecutors structured their cases as they did. ... (read more)
Gambling and the Law: Black Friday - A Step Too Far25 April 2011
Can a government be charged with war crimes, if the war is only one of intimidation? The U.S. federal Department of Justice isn’t blowing up buses. No one has died. But while Palestinian terrorists can only close down Israeli pizza parlors; the DoJ stopped online poker sites from doing business anywhere in the world – including where poker is 100% legal. ... (read more)
Gaming and the Law: Federal Poker Indictments -- Revisiting Prohibition17 April 2011
The timing is suspicious.
March saw Nevada regulators approving a partnership between Caesars and 888, and Wynn announcing a joint venture with PokerStars. Now comes the indictments, three-billion-dollar civil suit and seizures of domain names by the feds. Wynn immediately cancelled his plans. ... (read more)
Gambling and the Law: Cuba will have casinos, again4 March 2011
President Obama has just announced that he is easing restrictions on visits to Cuba; the second time he will be relaxing travel rules imposed on Americans by Pres. George W. Bush.
Casual tourism is still difficult, but it will be much easier for students and teacher, religious groups and journalists to request permission to visit Cuba. ... (read more)
Gambling and the Law: Change Indian gaming can believe in10 December 2010
Indian casinos may soon overtake commercial casinos. Total gaming revenues for tribes appear to be more than $26 billion a year, while the American Gaming Association reported the 12 commercial casino states generated less than $31 billion in 2009.
But Indian gaming is getting a boost from changes in the law, or, more particularly, from those who make the laws. ... (read more)
Gambling and the Law: How to win $23.1 million by folding10 December 2010
The World Series of Poker offers the biggest prize in the world of sports. The last player walks away with $8.94 million.
Not bad. But far short of what champion poker player Lyle Berman just made, betting on casinos in Ohio.
Berman has won three WSOP bracelets and is co-founder of its rival, the World Poker Tour. ... (read more)
Gambling and the Law: Trial in Gibraltar or jail in Ohio7 September 2010
"If we read Ohio law as controlling the contract in question, the parties probably are guilty of a crime under Ohio law, the contract is void, and both parties could be extradited and prosecuted together in an Ohio criminal court."
--- Gilbert Stroud Merritt, Jr., Concurring, in Wong v. PartyGaming
... (read more)
Gambling and the Law: In defense of lobbysts31 August 2010
"Okay, you've convinced me. Now go out there and bring pressure on me."
--- President Franklin D. Roosevelt
Lobbyists, and their clients, "special interests," often get a bum rap.
Lobbyists rarely give bundles of cash to corrupt politicians. Their main goal is to persuade legislators and regulators on behalf of their clients. ... (read more)
Gambling and the Law: Making poker legal as a public service28 June 2010
What do insurance, commodities trading and state lotteries all have in common? They were all originally outlawed as forms of gambling.
The major fight today over whether poker should be legalized usually revolves around the question of whether it is predominantly skill or chance.
But this unnecessarily gives up part of the political as well as legal battleground. ... (read more)
Gambling and the Law: Loan Called for Playing Poker30 April 2010
A federal District Court in New York has ruled in favor of a lender against a borrower, who happens to be a lawyer.
The borrower's offense? He played poker.
Actually, the lawyer did more than just play poker – he used his law firm's loan to finance high-stakes games. And it did not matter that the ... (read more)
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