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Tuesday, May 10, 2011

Law - "Poker as a Game of Skill"

Patricia Cohen wrote yesterday evening in the NY Times blog, Economix:

Is poker a game of luck or skill? That’s the question the economists Steven D. Levitt (of “Freakonomics” fame) and Thomas J. Miles explore in a new working paper published with the National Bureau of Economic Research. * * *

Last month, the Justice Department indicted executives of the three leading online poker sites that allow Americans to play, charging them with a variety of crimes including bank fraud and running an illegal gambling operation. * * *

The economists contend that according to both state and federal law, “the single most important factor in determining the legality of poker is whether poker is a game of skill or a game of luck.”

The entry has a number of links.

Posted by Marcia Oddi on May 10, 2011 08:46 AM
Posted to General Law Related