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Wednesday, July 12, 2006

Poker News

The House of Representatives passed a bill on Tuesday forbidding the use of credit cards to settle online bets. Elected officials need to remember that prohibition is most likely the wrong answer, because it doesn't work. Die-hards will find a way to play. The smart thing to do would have been to regulate the $12 billion industry and collect taxes. It will be interesting to see if the bill gains Senate approval.

Speaking of online poker, Interpoker.com's latest gimmick is basically an extreme poker challenge on July 26th called Loser’s Leap. Qualifying tournament winners will play in the championship round in a plane flying at 10,000 feet. As players lose all of their chips, they have to exit the plane while still in the air. I'm guessing parachutes will be provided. I wonder which network will pick this up for a tape-delayed airing.