Online Poker Will Come Again

Yesterday I did a podcast with Chad Millman of ESPN. You can listen to the conversation here. (It's also available on itunes.) We talked about the indictment of the officers of three of the major online poker operators, including Full Tilt and Poker Stars. Basically I try to make the point that, despite the indictments, online poker is legal in many states, and could soon be in several more. Once online operators realize that federal law prohibits only those games that are unlawful under state law, then the operators should resume offering online poker to U.S. citizens who live or happen to be in one of those states. Once the market is large enough (that is, once it includes California), then we'll have a significant online poker presence in the US again.

I also argue that the DOJ overreached with this indictment. It's a nice discussion. My thanks once again to Chad Millman for the opportunity.