Daniel Negreanu’s latest rant, an update from from the European Poker Tour, and some good news for U.S. online poker regulation. It’s all in Wednesday’s edition of the PTP Hit and Run.

EPT: It’s day 2 at the European Poker Tour’s Campione stop in Italy; get live updates here. David Vamplew is the current chip leader; other notables still alive include Per Linde, Fabrice Soulier, Liv Boeree, Bertrand “ElkY” Grospellier, Chris Moorman and Patrik Antonius. Report from the scene below:

Good news for online regulation in the U.S.?: The Poker Players Alliance reported on a step forward for regulation, as the Fraternal Order of Police sent a letter to some of the top lawmakers, asking them for a regulatory framework for online gaming in the U.S. Poker is not mentioned, and it doesn’t really call for legalization. It does call for something different than what we’ve got now, however. You can read the letter here.

And Phil Hellmuth talks about the future of online poker in the U.S. in an interview here.

Negreanu rant: PokerStars pro Daniel Negreanu talks mostly about his ban at twoplustwo.com, but he also has a Phil Ivey story, in this week’s rant/video blog. Check it out below:

Quick hitters:
–On those Black Friday indictments that didn’t go to trial…what does it mean moving forward? Check out a take here.
A report on the cash game in Macau with Tom “durrrr” Dwan, Gus Hansen and Sam Trickett. And more here.
–A fake Chris Ferguson is going to be at Party Poker’s Premier League next month, Tony G reports.
–Phil Gordon is behind a new online gaming venture called Jawfish Games.
–California is getting serious about legalization of online poker and gambling.
A look at the MicroMillions player of the series at PokerStars.
Tax info for American poker players playing abroad.