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The reason online poker isn't classified as a game of skill has nothing to do with the game and everything to do with the monied interests in Nevada and Atlanti
by curun1r 12y ago
The reason online poker isn't classified as a game of skill has nothing to do with the game and everything to do with the monied interests in Nevada and Atlantic City. If we start to see the DFS industry affecting in-casino sports gambling, you can expect it to receive similar treatment by the law.
$250M might seem like a lot of money, but consider that Sheldon Adelson spent, by most estimates, upwards of $150M in campaign contributions in 2012 alone. The total spend on political influence by the gaming industry is likely to be at least an order of magnitude higher.
- exelius 12y agoYeah, but by all accounts physical gaming in traditional locales is shrinking rather rapidly. Atlantic City lost many of its major casinos to bankruptcy last year, with more to follow this year. Nevada is in slightly better shape, but Las Vegas is transitioning into more of a family-friendly resort town as there is simply a lot more competition for gaming dollars from places like Macau, regional Native American casinos, and cities across the US granting gambling licenses to a limited number of urban casinos.