Saturday, April 16, 2011

Whistling Past the Graveyard

From *October 2006* in response to the UIGEA (as found on poker playing attorney Chuck Humphrey's website):
"It is now widely believed that when the Unlawful Internet Gambling Enforcement Act of 2006 is signed into law, all but the most cavalier of online operators will stop accepting bets from US citizens.
          "The notion that a number of the leading companies, may then decide to hang
          around in the US, exploiting opt out clauses in the Act, simply beggars belief.
"Until the climate changes, the best advice would be to give the US a wide bearth once and for all. To do otherwise would be to antagonise the US authorities, and to further increase the risk of arrest. And that is something that beleagured ordinary investors can live without."
Jeff Simpson, the business editor of the Las Vegas Sun expressed this conclusion: [I]f the poker community keeps whistling past the graveyard, pretending that there's nothing wrong with flouting the law in pursuit of easy money, even tougher crackdowns are ahead. 

Took awhile, but looks like they were right.  Check out Humphrey's wesbite

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