The future of online poker is like a Texas hold 'em hand where the flop wasn't great but the cards yet to come could turn the hand into a winner.

The "flop" in this scenario is the Unlawful Internet Gambling Enforcement Act. Pushed by then-Sen. Bill Frist, R-Tenn., it was hustled through Congress at the last minute of the 2006 fall session, piggybacked onto unrelated, must-pass port security legislation.

The act was aimed at banks and other financial entities, establis ...

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