Star Poker Net

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Nearly seven months after Rep. Barney Frank first introduced his two Star Poker Net related bills in Congress, the Massachusetts Democrat will hold a hearing to discuss the legislation and address any concerns that skeptics might have concerning the bills. H.R. 2267 would explicitly legalize and regulate the online Star Poker Net industry, and could lead to more players entering the game with easier deposit methods and more lenient advertising capabilities for the sites.

Star Poker Net operators would be required to obtain U.S. licenses and pay both federal and local taxes. Individual states would be able to opt out of Frank’s bill. The Joint Committee on Taxation has projected that the U.S. Treasury could raise $42 billion over the next 10 years if online Star Poker Net was regulated.

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