foxwoods launches real money online site

[cthomer5000]

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Why would in-house casino funding give an edge? And why would the casinos want that aswell? Poker is relatively non-profit for casino. Drawing people away from the BJ tables and encouraging them to stay at home playing online seems strange to me. Or is this simply a way of trying to cash in on the online explosion?

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1. It's gaming business they are doing even after you've left the casino. ($$$)

2. If you do win some dough, that assures Foxwoods that you'll be coming back at some point. ($$$)

[cianosheehan]

So you can only cash out at the casino?

[cthomer5000]

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So you can only cash out at the casino?

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"Winning tickets can be redeemed at one of the Foxwoods PlayAway™ locations at Foxwoods Resort Casino."

[GrannyMae]

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So you can only cash out at the casino?

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or you can send the voucher to GrannyMae who will cash it for you and place in your NETeller account for a smallish (10%) processing fee.

wooo

btw, i was told that multi-player poker and many other games will be added. this was a soft launch to see how it works.

[jman220]

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So you can only cash out at the casino?

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or you can send the voucher to GrannyMae who will cash it for you and place in your NETeller account for a smallish (10%) processing fee.

wooo

btw, i was told that multi-player poker and many other games will be added. this was a soft launch to see how it works.

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Could you also buy-in for interested people this way, or do I have to be tehre in person to create an account?

[GrannyMae]

Could you also buy-in for interested people this way, or do I have to be tehre in person to create an account?

i'll bet they spent a fortune on this, yet the launch was *very* soft.

imo, if they do not run into trouble, it will just be a matter of time before you can buy gift certificates etc online. let's see how this plays out.

perhaps they are trying this under the protection of the indian gaming laws. perhaps doj does not even have jurisdiction here.

[jman220]

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Could you also buy-in for interested people this way, or do I have to be tehre in person to create an account?

i'll bet they spent a fortune on this, yet the launch was *very* soft.

imo, if they do not run into trouble, it will just be a matter of time before you can buy gift certificates etc online. let's see how this plays out.

perhaps they are trying this under the protection of the indian gaming laws. perhaps doj does not even have jurisdiction here.

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Actually now that I'm thinking about it, they might actually be cleverly skirting the wire act through this method. I believe the wire act deals with using electronic media to place wagers and wire money interstate. However, if all deposits and cashouts need to be made at Foxwoods, in the casino, then no money is being sent interstate and the wire act may not be applicable.

[memphis57]

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Actually now that I'm thinking about it, they might actually be cleverly skirting the wire act through this method. I believe the wire act deals with using electronic media to place wagers and wire money interstate. However, if all deposits and cashouts need to be made at Foxwoods, in the casino, then no money is being sent interstate and the wire act may not be applicable.

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Jman, I bet you are right. They must feel like they have found a legal loophole by making all the cash transfers take place on site, and I wouldn't be surprised if that makes it legally like off-track betting. I, too, live between the tunica casinos and the West Memphis dog track, and one interesting thing about the off track bets is that you don't have to be there when the race is run - you buy your tickets today for tomorrows race and go back next thursday to collect your winnings. So, possibly they're arguing that is legally the same as placing a bet on a blackjack or poker game that will take place while they are away (evenif they are at home making decisions) and then they come back to collect winnings.

This is VERY good, and it's good that the AG so quickly opposed it. If foxwoods doesn't back off, we might get a court decision out of this that clarifies things quite a bit.

However, in line with my usual pessimism, look for dirty tricks by the AG. Like, leaning on the state of Conn (or whoever - is Foxwoods federal indian or state-permitted?) to revoke their casino license if the court cases go against them on the grounds that they would then be convicted felons. Foxwoods would have to back off then, as the risk wouldn't be worth the potential gain. Does anybody know if they can do that?