karen
Joined: 25 May 2006 Posts: 120
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Posted: Fri May 26, 2006 8:33 am Post subject: Derby Lane poker tournaments on hold |
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Derby Lane poker tournaments on hold
Tampa Bay Business Journal - January 19, 2006
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Derby Lane has suspended poker tournaments again, in response to a ruling Wednesday from the Division of Pari-Mutual Wagering.
This is the second time since November that tournament action has stopped because of a departmental interpretation of state statutes.
Florida state law limits the maximum bet on poker tables to $2, with a three-raise limit.
In no-limit Texas Holdem games, the tournament game of choice, a bet of "all-in" results in more than $2 being bet.
The poker rooms countered this limitation by issuing special gaming chips for tournaments that represented fractional cents so that no more than a $2 bet would be made even if all the chips on the table were bet.
http://www.bizjournals.com/tampabay/stories/2006/01/16/daily52.html |
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