Another Harvard Blog

Banning of the online poker sties by the U.S law was a good thing for many people and a very bad thing for others. The banning of online poker sites not only decreased the per annum income of U.S but it also it made many people jobless becaure many poker players used to earn their money by playing online poker. The reason why the banning of online poker sites were good news for some people is that the casino owners were losing their too much business as most of the players were going for online gambling sites. The legal shutdown of the online gambling sites gave the casino owners their business back.

Many poker experts believe that the ban will be lifted by the end of November. However, still no good prediction can be made. The biggest reason that led to the banning of online poker websites is that according to the U.S law, no person can play a poker game until he is 21 years of age. You can not see the ages of player who are playing online. So the U.S court had no choice but to ban these websites.

The U.S law also said that the taxes are not only going to be applicable on the winnings but they will also be applied on all the bank account deposits of the poker players. However, there is an on going suggestion that taxes must be absorbed by the online poker sites which looks impossible because none of them will be winning to give their earnings to law. Poker sites usually close the accounts of players without any particular solid reason and the players can’t even appeal anywhere because online poker sites are already banned in U.S. If somehow the online poker sites become legal then playrs will have a chance to go into court in these situations.

It is said that U.S will soon legalize the online poker websites but with specific conditions. Poker sites are not going to be freely entertained like the past. Discussions are still going on and the matter is still under considerations. Everyone is waiting to hear the news. You can check the internet for latest updates.