Originally Posted by
Dan Druff
Oh, San... I know you like to razz me about the light regulation thing, but you're getting it wrong.
Light regulation also needs to be effective regulation. If the regulation is nonexistent, weak, or bumbling, then it's not doing anyone any good. While the Nevada Gaming Commission is clueless when it comes to online poker, they're pretty effective when it comes to regulating brick-and-mortar casinos in Nevada. The NGC isn't just a "trade commission". The New Jersey Division of Gaming Enforcement is also fairly effective.
California is schizophrenic because it's a state which supposedly doesn't allow gambling, yet it's full of legal cardrooms and Indian casinos. These are all poorly regulated because the California Gambling Control Commission has designed itself to mostly be about protecting the interests of the state, rather than of the players. It's just a bad gaming commission. It's not an argument against regulation.
DFS also needs some real regulation. There's no question. Without regulation, we see what happens. You can't allow for-profit corporations to fairly interpret what is and isn't allowed when their decision process is solely driven by profit motives.
