Poker Players Alliance

Regulation, NOT Prohibition Will Address Gambling Concerns and Raise
Significant Revenue for Iowa

WASHINGTON, Aug. 30 /PRNewswire/ — In response to the recently
scheduled “field hearing” on the issue of Internet gambling hosted by Rep.
Jim Leach (R- IA) and Senate Majority Leader Bill Frist (R-TN) in Cedar
Rapids tomorrow, Michael Bolcerek, president of the Poker Players Alliance
(PPA) a grassroots organization of more than 100,000 members, released the
following statement:

“The Poker Players Alliance supports an open dialogue to discuss this
issue and we sincerely hope that the interests of poker enthusiasts in the
state of Iowa will be heard at the field hearing. At the same time, while
millions of poker players across the country care about this issue, we do
not believe that Internet poker is of critical importance to the average
Iowan. Field hearings focusing on high gas prices, quality education and
healthcare, or the escalating war on terror would be a much more
appropriate and productive use of taxpayer dollars.

“While there are concerns with underage gambling and problem gambling,
the prohibition bill sponsored by Rep. Leach and supported by Majority
Leader Frist is shortsighted and will do nothing to address those concerns.
As it stands the bill makes exemptions for Internet wagers on horse races,
lotteries and fantasy sports. This fact is inconsistent with the supposed
desire to ban online gambling. Moreover, Americans learned long ago that
prohibitions don’t work. In fact, prohibiting online poker will only drive
the industry underground, essentially creating unregulated online
’speakeasys’ for people to play this game of skill.

“A more sensible approach is to license, regulate and tax this skill
game here in the United States, much like we already do with ‘brick and
mortar’ casinos and card rooms. A recent economic analysis commissioned by
the PPA reveals that more than $3.3 billion in tax revenue could be raised
by the federal government by simply regulating Internet poker. An
additional $1 billion could be spread amongst the states. Some of this
money could be wisely spent on public education about the proper age to
gamble and programs to treat problem gamblers.

“The PPA values the leadership of Rep. Leach and Sen. Frist and we
sincerely hope that they will shift their focus away from prohibiting a
game of skill enjoyed by 23 million Americans on the Internet to more
timely and relevant issues facing the people of Iowa and this country.”

The Poker Players Alliance http://www.theppa.org/ is a
non- profit organization advocating on behalf of American poker players.