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Isle of Man Legal Live Poker Gets Nearer

Island Wants In On Global Live Poker Economy

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The Isle of Man took a step closer to regulating live poker last week when it passed the second reading of the Casino (Amendment) Bill 2012 which will allow for large live poker tournaments.

The low-tax island currently acts as a regulatory centre for online poker hosting PokerStars headquarters but live poker is illegal on the island outside of the small casino there.

The new bill would allow for large scale tournaments to be held at any venue on the island.

Eddie Lowery, a Treasury member arguing for the bill, said, “I believe the Isle of Man would be doing a dis-service to itself if it didn’t participate and take advantage of its reputation as well regulated in this area, as far as gambling is concerned."

Opponents of the bill said they did not know what the economic benefits of the bill would be and that it was ‘a shot in the dark to see what happened,” according to the Isle of Man Today website.