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Research Triangle Park, North Carolina Triangle Poker Journal™Covering Local News on America's Favorite Game
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No Online Poker Room WSOP Registrations
If your favorite online poker room is telling you that you can win a seat into the 2007 World Series of Poker, think twice before investing too much time, money and energy into winning said seat. Harrah’s, the company that owns the WSOP brand and runs the show every year, has officially announced that they will not accept registrations for the WSOP from online poker rooms. This is likely due to the heat turned up by the passing of the Unlawful Internet Gambling Enforcement Act. While the UIGEA says nothing about the legality of online poker itself, too much heat has been placed on the poker industry because of it for Harrah’s to ignore.
Editor’s Note: While the IRS only requires reporting of winnings over $10,000, Harrah’s (and all their brands: Showboat, Caesar’s, Horseshoe, etc.) are reporting all payouts over $600. Yes, $600.
Research Triangle Park, North Carolina Triangle Poker Journal™Covering Local News on America's Favorite Game
Subscribe free at http://www.trianglepokerjournal.com/
Got a comment, local update, or story idea?
No Online Poker Room WSOP Registrations
If your favorite online poker room is telling you that you can win a seat into the 2007 World Series of Poker, think twice before investing too much time, money and energy into winning said seat. Harrah’s, the company that owns the WSOP brand and runs the show every year, has officially announced that they will not accept registrations for the WSOP from online poker rooms. This is likely due to the heat turned up by the passing of the Unlawful Internet Gambling Enforcement Act. While the UIGEA says nothing about the legality of online poker itself, too much heat has been placed on the poker industry because of it for Harrah’s to ignore.
Editor’s Note: While the IRS only requires reporting of winnings over $10,000, Harrah’s (and all their brands: Showboat, Caesar’s, Horseshoe, etc.) are reporting all payouts over $600. Yes, $600.
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