There was a significant stir in the poker community last week when British stockbroker Daniel Stewart said U.S. Senate Majority Leader Harry Reid would introduce legislation that would legalize online poker.

Well, those rumors have been squashed a little bit, at least for the time-being. A spokesman from Reid's office told Card Player that this talk has been "greatly exaggerated" but that the office is looking at the issue in detail.

From Card Player:

When asked for comment, Reid spokesperson Jon Summers issued the following statement to Card Player: “Senator Reid has long held concerns about whether online gaming could be regulated effectively. Rumors of a forthcoming bill, however, are greatly exaggerated and stem from staff trying to get a thorough understanding of every facet of the issue, including the potential effect on Nevada.”

Chris Moyer, the deputy Nevada press secretary for Sen. Reid, said over the phone that online poker regulation was “not high on the priority list” before deferring to Summers’ statement.