Higher Poker Stakes in Florida Signed into Law Without Governors Signature
It has just been reported by Compatiblepoker that a Bill to increase the poker Cardroom stakes in Florida has officially become law without the Governor's signature. This increased gambling in the US comes after the controversial legislation cracking down on internet poker in the US.
(PRWEB) June 15, 2007 -- According to the latest poker news release by Compatiblepoker, Florida will officially be allowed to increase their betting limits at their local poker CardRooms. The Bill, HB 1377 was signed into law on July 13, 2007 without the signature of the Governor. The full Florida poker news release is here.
This comes after huge controversy with online poker in the US. Senators and Congressmen were feudally trying to stop poker betting online but recent changes show that poker is going nowhere. Not only has Florida raised their poker stakes but sites like Yahoo have introduced their own poker games online.
The new law in Florida will allow games of "No Limit" cash tables where players can buy in for no more than $100. The blinds are expected to be set at $1/2 and $2/5 for "No Limit" players. A $5/5 "Limit" table will also be implemented among cardrooms in Florida compared to the previous $2/2 max.
These local Cardrooms might become very active once and if the US Treasury releases regulations to stop online poker deposits in the US. There are still 30 days until banks are expected to act on regulations set by the UIGEA which was signed into law in October of 2006. These regulations will decide how much the US wants to crack down on internet gambling. Tracking of these issues continues at www.compatiblepoker.com/usa.php along with other US poker news.
News Source:
Marian Portini
US Poker News
www.compatiblepoker.com/usa.php
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