US online poker sees positive changes
While it's still a volatile subject with no clear outcome, online poker in the US seems to have garnered a little support this week. Two announcements are giving the industry a slight boost and a glimmer of the light at the end of the tunnel. There is still a lot of work to be done, but at least everyone is moving in the right direction.
New York lawmakers might actually be considering reversing their long-standing policy of no online poker in the state. Previous attempts at passing legislation have failed miserably, including last year's bill that would have reportedly brought in $10 million from online poker for the state piggy bank. This year, however, there appears to be greater support, and state bill A 5250, drafted by Assemblyman Gary Pretlow, is quickly gaining favor. The bill currently has 13 co-sponsors, and is expected to have as many as 70 in the near future. Says Assemblyman Clyde Vanel, the chair of the big apple's Subcommittee on Internet and New Technology, "Chairman Pretlow is a great champion for it, and now he has the partners to bring it through. The next few weeks will show some traction for the bill. With enough co-sponsors, I like it to get out of committee and onto the floor. I think we have a good shot of getting it through this year.”
Another tidbit comes by way of possibly expanded liquidity sharing. Currently, Nevada, Delaware, New Jersey and Pennsylvania agreed to pool their online poker customers. Feet have been dragging since, but a tweet by the WSOP got people talking. The tweet announced that something big was coming, and advised followers to stay tuned for more details. One follower, @d_doc3, added to the thread and indicated that he had received an email that talked about "expanding your network." The word on the street is that liquidity sharing between the states could arrive prior to the launch of this year's World Series of Poker (WSOP). The 49th installment of the WSOP tournament is scheduled to get underway on May 29.