Re: To ALL players and owners in New York City - PLEASE READ
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I hate to do this, but I have to rain on your parade because I already proposed this to a lawyer recently. Use this as an analogy; the organizer of a home game is free and clear of the law if he loses money in the game. Once he profits from the game, he has broken the law. Profiting includes winning a pot, it is not restricted to time charge or rake.
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First I was going to say that this 100% incorrect -- but it is not. However, the law is far more nuanced then TT's attempted analogy makes it appear. The law has circular definitions.
In my opinion, if there was a truly private club with strictly restricted entry to members, there would be no problem with the law. The club would also not last more than a few months as it would like collapse under its own weight.
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No. Your first instinct was correct. The analogy is 100% wrong.
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