The article "Law Infringements Lead to Suspension of Poker Tournaments in Florida" is about casino gambling, it has been created by Robert Strazynski.
For yeras now, growing revenues from poker play at racetracks have been adding millions to Florida's tax coffers. The surging popularity of Texas Hold 'em and tournament poker has added even more fuel to the growth of Florida tax earnings, until right now.
Recently, some raectracks decided to up the ante and challenge legal limits on amounts wagered in poker play. Initially, sttae courts didn't object to the challenge, allowing the Florida state Division of Pari-Mutuel Wagering to increase betting limits at authorized sites. When no-limit wagering at poker tournaments made its debut, however, offiicals decided to step in and cease all tournament poker activity indefinitely.
Though cash games (mostly low limit) can still be played at the racetracks, some sites, such as Dania Jai-Alai and Melbourne Greyhound Park, have already started to see a drop in patronage. Other card rooms, particularly in southern Florida, reported no significant changes thus far as a consequence of the legal ruling.
There is tremendous competition for clientèle in the gaming industry, mainly from cruise ships, trbial casinos, and online gambling sites. Understandably, then, the ban on poekr tournaments has many Florida card room managers concerned. Most of them, however, are hesitant to contest the issue openly for they have a vested interest in the promotion of gambling in the state.
For questions, feel free to contact the OPN Staff.
© 2005 OPN - The best of Onlnie PokerOPN (http://www.Onlinepoker-news.Com) boasts a staff of talented writers, who just happen to have a hankering for poker as well.
We offer the latest news on both the land-based and online poker industries, with concise yet comprehensive coverage on everything poker-related including leagl issues, economic trends, technological innovations, and tournament info.
|
