Jenny Woo Interviews
Poker Source
Online's Jay Lakin
Jenny: In 2007 you
were quoted in
saying, ³The really
sad part of this is
that itıs not the
Phil Hellmuthıs or
Doyle Brunsonıs that
this is affecting².
Explain to our
readers what you
meant when you said
that.
Jay: What I meant by
that was that people
in their position
have the ability to
fund an online poker
account, people that
have access to
foreign bank
accounts. Itıs the
invalid sitting in
the wheelchair
somewhere in the
middle of North
Dakota who doesnıt
have access to a
brick and mortar
casino thatıs being
punished by the
UIGEA. The average
college student
probably has a
friend who is from a
foreign country, who
can create an
account or transfer
money from his
account into their
account. Itıs the
professional poker
player that has the
way either through
the industry or
through a foreign
bank account which
most of them
probably have to
fund their online
bank accounts. Itıs
the little guy that
doesnıt have access
to a foreign bank
account, that
doesnıt have access
to people in foreign
countries, that
doesnıt have access
to a brick and
mortar casino that
just wants to sit at
home, take out their
laptop or sit at
their desk top
computer and play
Texas Holdıem with
strangers around the
world.
Jenny: What advice
would you give a
politician on how to
manage the online
gaming market?
Jay: The same way
that the U.S. based
our constitution and
our early founding
fathers by looking
at other countries,
such as the Magna
Carta. I mean the
same way that Thomas
Jefferson and Ben
Franklin and those
guys looked at other
countries to write
our constitution.
Thatıs what the
politicians of today
should do, than
formulating how to
license and regulate
online gambling.
They should look to
Spain and they
should look to South
Africa and they
should look to all
the other countries
that have
successfully done
this and use that as
a guide.
Jenny: If you were
in charge, is that
how you would
regulate it?
Jay: I would
obviously have to
look at how other
countries are doing
and see whoıs done
it successfully and
who hasnıt. I just
think that makes the
most sense. Why not
find somebody whoıs
already done it,
whoıs already got it
figured out and then
use that as the
blueprint for the
U.S. Itıs not brain
surgery. We license
gambling in Vegas,
we license gambling
in Atlantic City.
You know, there are
48, I think, out of
50 states that have
brick and mortar
casinos. Just about
every state has a
lottery. Itıs not
like gambling is
something new in
America. Itıs not
like we havenıt
licensed or
regulated gambling
already. We know how
to do this.
 Jenny: I had asked
Murray Sabrin, a
supporter of online
gaming who is
running for the New
Jersey Senate, what
type of operators,
companies would he
be looking to
participate in New
Jerseyıs future
online gaming
industry if a
license were passed
and how he would
keep those who were
trying to take
advantage of the
situation out. Part
of his answer
included, ³if things
are done by
operators that have
a good track record,
they start slow
cause they are new
and they build their
reputation on
honesty and
integrity. That's
how small companies
become eventually
big companies.² Do
you agree with that?
And if not, how
would you structure
it?
Jay: 100%. You have
to crawl before you
walk. Itıs like
these kids that get
out of college and
they think their
first job is going
to be a CEO.
Obviously, if the
state of New Jersey
is going to start
allowing online
gambling or at least
license online
gambling sites in
the state then they
need to look at the
big ones first, the
ones that have the
track record and
they need to start
small.
Jenny: While weıre
on politics, whom do
you plan on voting
for?
Jay: I really donıt
know. Iım a
registered
Independent. I vote
for the person, not
the party. My
decision probably
wonıt be made until
I step in the booth
and close the
curtain. As far as
gambling is
concerned, my vote
for President will
have nothing to do
with internet
gambling. There are
too many more
pressing, important
issues in America
then for me to be
basing my vote on
that.
Jenny: What other
information do you
feel that needs to
be out there for the
public to know?
Jay: People can
check out
www.pokerbonuses.com.
---
Jenny Woo,
Gambling911.com
Senior Correspondent
Originally published
June 30, 2008 9:58
pm EST
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