Players File Lawsuit against WPT

Seven poker players have joined together and filed a lawsuit against World Poker Tour Enterprises claiming that the company behind the World Poker Tour has violated antitrust laws by demanding players sign away the rights to their likeliness before taking part in WPT events.

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The lawsuit also claims that WPTE and casinos that host WPT tournaments have unlawfully conspired to eliminate competition and opportunities for the worlds top poker players because casinos that host WPT events are not allowed to host other large-scale tournaments for broadcast.

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Poker Group Suggests Legalizing, Taxing Internet Games

In response to a bill that would ban Internet poker, the nonprofit Poker Players Alliance has released a study making a case for the online games to be legalized and taxed by the federal government.

The poker industry study found that more than $3 billion in federal and state revenues could be raised if Internet poker was regulated and taxed in the United States. The alliance asked for Congress to create a bipartisan commission to examine all online gaming. The alliance said that Internet gambling is regulated in more than 80 countries and jurisdictions, including the United Kingdom, which passed legislation in 2005 to regulate and tax Internet gambling.

Online gambling could roll in big payoff

As USA TODAY properly noted in its editorial on Internet gambling, prohibitions don't work. Legislation passed by the U.S. House of Representatives that seeks to ban online poker and other forms of Internet gambling, while making exceptions for horse racing and online lotteries, will not effectively deter youth gambling or prevent compulsive gambling. In fact, such an approach would only exacerbate these problems.

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In addition, taxing online poker can raise significant revenue. An economic analysis commissioned by our organization revealed that if the government were to regulate and tax the Internet poker industry, it has the potential to raise more than $3.3 billion in annual revenue for the federal government and $1 billion more for state coffers.

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