This Week in Poker - Dave 'F Train' Behr and Dan Michalski of Pokerati.com | Summary and Q&A

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December 14, 2010
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This Week in Startups
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This Week in Poker - Dave 'F Train' Behr and Dan Michalski of Pokerati.com

TL;DR

The Reid Bill could potentially have a significant impact on online poker in the US.

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Key Insights

  • ❓ The Reid Bill is currently being negotiated and its passage is uncertain.
  • 🎱 The bill could potentially regulate the online poker industry in the US, providing legal framework for operators.
  • 🧭 If the bill does not pass, there may be increased crackdowns on online poker operations.

Transcript

welcome to this week in poker coming up how will the Reid bill impact online poker in the u.s. we discuss with Dave f train bear and Dan Mikulski and later on we attempt to break the Guinness Book of World Record for how long we can make this noise stay tuned hey look we're back I'm chops flying solo today as the other entities are flying to Washin... Read More

Questions & Answers

Q: How will the Reid Bill impact online poker in the US?

The Reid Bill, if passed, could potentially regulate the online poker industry in the US, providing a framework for operators to offer their services legally.

Q: What are the chances of the Reid Bill passing during the lame duck session?

The chances of the bill passing are uncertain, with estimates ranging from 8% to 88%. The bill is currently being negotiated and may face opposition from various stakeholders.

Q: What happens if the Reid Bill does not pass?

If the bill does not pass, there may be increased crackdowns on online poker operations in the US. This could make it more difficult for players to access online poker platforms.

Q: How will the poker media be affected if the Reid Bill does not pass?

The poker media may face challenges if the bill does not pass, as their revenue streams, such as affiliate revenue, may be affected. This could lead to changes in the business model of poker media outlets.

Summary & Key Takeaways

  • The Reid Bill has been revised and is being discussed in relation to its impact on the online poker industry.

  • There is uncertainty regarding the chances of the bill passing during the lame duck session.

  • If the bill does not pass, it could lead to increased crackdowns on online poker operations in the US.

  • The poker media may face challenges if the bill does not pass, as affiliate revenue may be affected.

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