Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

NLCGS PPA Presentation


Published on

This is the power point presentation shown by Michael Bolcerek for the NCLGS.

Published in: Technology
  • Be the first to comment

  • Be the first to like this

NLCGS PPA Presentation

  1. 1. Poker Players Alliance NCLGS
  2. 2. Federal Approach to Regulation What is the PPA do we want? Prohibition No – Regulation Yes Conclusion 1 2 3 4 Problems with State by State Approach Poker in 21 st Century 5
  3. 3. What is the PPA? <ul><li>New Grassroots Organization </li></ul><ul><ul><li>Started 2006 </li></ul></ul><ul><ul><li>Poker Only – On-line and Off-line </li></ul></ul><ul><ul><li>135,000+ Members </li></ul></ul><ul><ul><li>Target 1M Members </li></ul></ul><ul><li>Media Activist </li></ul><ul><li>Professional Lobbying and Representation </li></ul><ul><li>Active Members – Writing and Calling </li></ul>
  4. 4. What does the PPA Want? <ul><li>Licensing, Regulation of Internet Poker </li></ul><ul><li>Charitable Poker Legal in 50 States </li></ul><ul><li>Regulated Terrestrial Poker in all 50 States </li></ul>
  5. 5. Prohibition No, Regulation Yes <ul><li>Prohibition produces unintended consequences </li></ul><ul><ul><li>Less Safeguards for Underage Gaming </li></ul></ul><ul><ul><li>Less Responsible Gaming </li></ul></ul><ul><ul><li>Less Financial Transparency </li></ul></ul><ul><ul><li>Less Player Protections </li></ul></ul><ul><ul><li>New rogue sites in unregulated jurisdictions </li></ul></ul>
  6. 6. Internet Poker Knows No Bounds <ul><li>Interstate </li></ul><ul><li>International </li></ul><ul><li>PPA believes in Federal Poker Licensing and Regulation </li></ul><ul><li>State by State Regulation and Compacting Problematic </li></ul><ul><li>How do we address “States Rights”? </li></ul>
  7. 7. Regulation Yes <ul><li>Regulation is the Law for Remote Gaming in: </li></ul><ul><ul><li>United Kingdom </li></ul></ul><ul><ul><li>Italy </li></ul></ul><ul><ul><li>Spain </li></ul></ul><ul><li>I-Poker more easily regulated than terrestrial I-Poker </li></ul><ul><ul><li>Data histories for all transactions </li></ul></ul><ul><ul><li>Use of On-line Databases (Financial, Drivers License, SSI) for Age, Identity, Fraud </li></ul></ul><ul><ul><li>Software Can be Audited to ensure fairness </li></ul></ul><ul><ul><li>Compliance with Regulation easily monitored </li></ul></ul>
  8. 8. I-Poker Regulation Best at Federal Level <ul><li>Standardized licensing requirements to establish safeguard: </li></ul><ul><ul><li>Age Verification – Standardized at 21 Years (Individual State can elect to 18) </li></ul></ul><ul><ul><li>Financial Strength – Bonding, or Cash Reserves </li></ul></ul><ul><ul><li>Background - </li></ul></ul><ul><ul><li>Responsible Gaming – Education Services </li></ul></ul><ul><ul><li>Geolocation – State Boundaries are respected </li></ul></ul><ul><ul><li>Reporting – Tax and financial reports </li></ul></ul><ul><ul><li>Consumer Safeguards </li></ul></ul><ul><li>Allow for State level opt-out for Poker </li></ul>
  9. 9. State by State Level I-Poker Regulation <ul><li>Problem: Incompatibility of standards and safeguards make state by state compliance virtually impossible – Look at state poker laws </li></ul><ul><li>Problem: Compacting process too onerous and costly to enable multi state model </li></ul><ul><li>Problem: Does not address international nature of Internet </li></ul>
  10. 10. Potential State Tax Revenues <ul><li>Poker Revenues Annually $1B+ from Regulation of I-Poker alone for States </li></ul><ul><li>Does not incorporate potential revenues from corporate income taxes, payroll taxes, etc. from domestic poker industry </li></ul><ul><li>Nice Revenue Source </li></ul>
  11. 11. New Approach for New Times <ul><li>Poker in the 21 st Century </li></ul><ul><ul><li>“ One baby step in the right direction” </li></ul></ul><ul><li>Creates safe venue for poker players </li></ul><ul><li>Establishes safeguards and addresses social issues </li></ul><ul><li>Provides tax revenues for States </li></ul><ul><li>States rights are addresses </li></ul>
  12. 12. Poker as American Tradition
  13. 13. Poker as New American Tradition
  14. 14. Poker Players Alliance <ul><li>Q&A </li></ul><ul><li> </li></ul>