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Online poker advocates say legalizing won't hurt lotteries

Online GamblingOnline Gambling: Online poker advocates say legalizing won't hurt lotteries

LAS VEGAS, Nev. — A casino-backed group pushing for federal legislation to make online poker explicitly legal says regulating online card play nationwide won't hurt state lotteries.

Fair Play USA released a data analysis on Tuesday that showed no correlation between spikes and dips in the online poker market with changes in revenues for state lotteries.

Eugene Christiansen, a founding partner with the firm that wrote the analysis, Christiansen Capital Advisors, LLC, said the data showed that poker and lottery games are fundamentally different. Poker isn't a threat to the lottery, he said, comparing the games to different beverages like milk and wine.

"Wine and milk satisfy different consumer appetites," Christiansen said. "Similarly, playing online poker and buying lottery tickets are fundamentally different forms of consumption. They really have nothing in common other than their legal status as gambling."

The analysis is in response to a report from a rival group that wants states to regulate and tax Internet gambling if it's ever legalized, and for lotteries to offer the games. State-run lotteries are offered by 43 states, plus the District of Columbia, Puerto Rico and the U.S. Virgin Islands.

Running online poker operations that allow players to gamble real money is illegal because of a 2006 law that prevents financial institutions from processing the transactions. That law didn't stop thousands of players in the United States from playing anyway, until the U.S. Justice Department began cracking down on sites earlier this year, stopping play for the vast majority of players.

With the top sites out of the U.S. market, others in the gambling industry sense an opening and want to fill the void.

Major commercial casino companies, including Caesars Entertainment Corp. and MGM Resorts International, back federal regulations of online poker, saying the Internet is a medium where gambling requires federal oversight rather than a patchwork of state laws.

The Public Gaming Research Institute, which opposes federal regulation of Internet gambling, says states would lose $1.4 billion in funding if online poker is allowed.

"With states facing more revenue shortfalls, a federal online poker initiative would exacerbate revenue shortfalls being faced by governors and legislatures in lottery states," the institute said in its October report.

Marisa McNee, executive director of Fair Play USA, said the group wants regulations that allow states to opt out if they don't want their residents to be able to play poker online.

BusinessWeek

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6 comments. Last comment 3 years ago by Tenaj.
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jeffrey's avatar - moon
Hamilton, OH
United States
Member #4162
March 27, 2004
277 Posts
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Posted: December 7, 2011, 10:59 am - IP Logged

gangsters can't compete with the biggest racketeers, organized government, an institution designed to serve the people but ends serving itself and enslaving the people it was designed to serve.


    United States
    Member #111446
    May 25, 2011
    6323 Posts
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    Posted: December 7, 2011, 11:46 am - IP Logged

    gangsters can't compete with the biggest racketeers, organized government, an institution designed to serve the people but ends serving itself and enslaving the people it was designed to serve.

    How true, Big brother is the mother of all gangsters!!!I Agree!

      Avatar

      United States
      Member #111190
      May 20, 2011
      344 Posts
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      Posted: December 7, 2011, 4:58 pm - IP Logged

      gangsters can't compete with the biggest racketeers, organized government, an institution designed to serve the people but ends serving itself and enslaving the people it was designed to serve.

      Yep, I'd say that's right on !!

        joshuacloak's avatar - avatar 23415.gif

        United States
        Member #32537
        February 12, 2006
        639 Posts
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        Posted: December 8, 2011, 3:30 pm - IP Logged

        of course it won't hurt to lotteries

        it's just a bunch of people try to raise concerns to stop gambling

        I hate those religious nuts that attack gambling business and elect their representatives to try to stop all the rest of us having freedom we so rightfully deserve to have the first place

        sup

          haymaker's avatar - Lottery-012.jpg
          egg harbor twp.south jersey shore
          United States
          Member #112972
          June 29, 2011
          3121 Posts
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          Posted: December 8, 2011, 6:01 pm - IP Logged

          of course it won't hurt to lotteries

          it's just a bunch of people try to raise concerns to stop gambling

          I hate those religious nuts that attack gambling business and elect their representatives to try to stop all the rest of us having freedom we so rightfully deserve to have the first place

          agree, some have nothing to do.

          and they have their own agenda.

          Extraordinary Popular Delusions & the Madness of Crowds    -- Charles Mackay  LL.D.

            Tenaj's avatar - michellea
            Charlotte NC
            United States
            Member #17406
            June 18, 2005
            4036 Posts
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            Posted: December 13, 2011, 2:41 pm - IP Logged

            gangsters can't compete with the biggest racketeers, organized government, an institution designed to serve the people but ends serving itself and enslaving the people it was designed to serve.

            Red DevilThey sometimes work together so both can get what they want.  Government officials are easierly bought.

            takeemtothebank