BankrollMob Poker News

aug
24

Black Friday: Phil Hellmuth on D.C.'s legal online gambling initiative

Tags: black friday, d.c. legal gambling, phil hellmuth.
Posted on 24 August 2011 by "T".

April 2011: D.C. officials said that they are planning to set up 20-30 online gambling "hot spots" in hotels, bars, clubs and other venues across the city by around September 1. The idea with these gambling "hot spots" was that poker players from all over the U.S. could play online poker legally against each other. 

On August 22, in an interview with The Washington Post, Phil Hellmuth, winner of 11 World Series of Poker bracelets and Hall of Fame inductee, spoke his mind about D.C.'s legal online initiative.Hellmuth said there are hundred of thousands of American gamblers looking for a safe reliable online option after the shuttering of PokerStars, Full Tilt and Absolute Poker. However, he said that there are too few people in D.C. for it to work.

"I still think that people are looking for a place to play poker and it wouldn't be surprising if you had a lot more players than you think start playing. It's a nice test, sure, but I think there's so few people [in D.C.], 600,000, that you might not achieve critical mass for players on the site under those conditions. Some pros might be tempted by a fresh population of weak players, but the low stakes mean it wouldn't be worth the professional's time."

Phil Hellmuth continues..

"Allowing the private poker market to thrive is the foolproof way for governments to make money off gamblers: The states have to ask themselves, how are they going to make money? Are they going to invest millions in software, hire a bunch of people and end up in a situation where they don't recoup their money for three or four years? Or do they just start taxing it right away, and make decamillions from the start?"

 


« Poker News   /   Comment on this news »

Related Articles:

6 comments on "Black Friday: Phil Hellmuth on D.C.''s legal online gambling initiative "


 Setera24/08/2011 13:54:47 GMT
Ye good point he is making... They should make it back playable in the whole USA. It's a win win situation. However the casino's do not gain profit out of this.
 TheMachineQC24/08/2011 19:14:12 GMT
Yeah I agree, governement should just take control! This way we pay rakes just like taxes, instead of going in some rich dude's pockets, it goes in the governements pockets. Really a win-win situation.

Sometimes governements are REALLY slow to react, they should just take advantage of what's in front of them for the greater good...
 SuperNoob25/08/2011 06:36:53 GMT
whats the point of having hot spots when u only gonna play online lol
the objective of online is that you can play at your home, if you have to go somewhere to play how does it make different than casino.
 Fakiry25/08/2011 12:27:05 GMT
I am not sure if this type of event would attract as many people as Helmuth says, and i really don't consider it a good iniciative. Looks like they want to know the identity of who plays online poker in USA, and this sure would be a good way to put an way on possible game addicteds. Its the same as giving a bone to those who lost all the skeleton.

------------
I am not sure if this type of event would attract as many people as Helmuth says, and i really don't consider it a good iniciative. Looks like they want to know the identity of who plays online poker in USA, and this sure would be a good way to put an way on possible game addicteds. Its the same as giving a bone to those who lost all the skeleton.
 B1gfoot25/08/2011 16:08:18 GMT
Just pathetic on so many levels, bars and clubs!!
Not getting in to this one, hope the tax payers are happy with this money burning idea.
Why do dumb people make it to the top, get over paid to think of such stupid ideas..PLEASE some one get a wet fish and go slap all the D.C. officials
 mahdrof25/08/2011 17:56:19 GMT
Personally, I think they should open the US market to whoever sets up their head office on American soil, charge a reasonable percentage of every rake, and audit the deals so that nobody is being screwed and the laws of Long Number Probability are being respected Tongue Seriously, if they charge too much they will kill it, not enough and it is not worth it. Things are going bad enough financially for the Americans, what better way to tap into some worldwide money?

Write a comment:

You must be logged in, to comment on news...

Disclosure: BankrollMob may earn a commission based on the advertisement material on this site. #AD

© 2024 BankrollMob.com - All Rights Reserved CONTACT | ABOUT | PRIVACY & COOKIE POLICY | TERMS & CONDITIONS | NEWSLETTER | AFFILIATES | REPORT SPAM | ADVERTISING
  Please Play Responsibly