Actual Gambling bill, starts on page 213

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I guess my biggest worry would be if some books like Mansion started to ban US Players. Hopefully we are too big a market to ignore
 

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Yes,

I noted there is no definition of "business of betting" in this bill.

Would it seem reasonable then that the definite of business of betting has not changed from previous federal bills where it is clearly defined as the bookie?

Sean
 

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you will have some books kicking you out. personally, I like European books. they are safer and better regulated than island books. in the past month, I have had 2 european books close my account because I am American. And then of course their is a long list of Euro books that refuse to let Americans open accounts.
 

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Island books are not going to kick you out - they set up in the islands for this very reason.

I imagine 365, Bowmans, etc might kick you out.

Sean
 

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Jay C was just the first shot on the "War on Internet Gamblers" our retard govt has launched. Just asinine. Tax and regulate. Very simple.

but noooooo, they have to be stupid inbred jagoffs and criminalize.

lets see how many wars we already got..

war on terror- is actually spreading terror
war on drugs- miserable money incinerating failure
war on poverty- lost that one, its still all around
war on internet bettors- US is finally winning one! YAYYYYY!
war on freedom- US in a commanding lead
 

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sean1 said:
Yes,

I noted there is no definition of "business of betting" in this bill.

Would it seem reasonable then that the definite of business of betting has not changed from previous federal bills where it is clearly defined as the bookie?

Sean

definitely not explicit, further ambigious language can be found through out -

"Prohibition of acceptance of any payment instrument for unlawful internet gambling" - which could be interpreted as us being the now illegal benefeciaries of this payment instrument.

there are tons of example of ambiguified (not a real word) language in there, but a rather striking example of its absence is on the first page

"Subtitle IV: Prohibition of Funding of Unlawful Internet Gambling" which, combined with the rest of the language which clearly designates the recipient/middle man as the law break and NOT the sender, explicitly lays the onus on the books and financial institutions...not us. That only matters for the criminal side of things, but it is promising that it has that label as well as the less specific ones.

For the processing of transactions bit, we'll have to rely on their unwillingness to apply this kind of EFT code system which kwalder has already pointed out.


I am no expert, but the bill seems largely toothless unless you are an operator of an offshore book who likes to vacation in the U.S. ...OR if they end up deciding that adding a EFT transfer checking system is actually feasible. My guess is they only got this thing added by putting that escape clause in because they knew it wasn't.
 

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I noticed they went out of their way to specifically state that state sponsored lotteries and horse betting .......................is still ok!!!!!! You are not allowed to play lottery like games online but you can still got to the grocery store and bet your numbers will come up.....while I'm on it, those are the bastards that the gov should be looking out for..... the minimum wage working poverty stricken mother throwing every dollar down on a scratch off ticket or Powerball ticket chasing that dream, not us!!!!!But yet they are looking out for "the best interest" of the American People! I've fukking had it!

:ears:
 

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Salain said:
For the processing of transactions bit, we'll have to rely on their unwillingness to apply this kind of EFT code system which kwalder has already pointed out.

EFT coding will never fly.

The Europeans are already P.O.'d with the US getting financial transaction data from SWIFT and only recently decided not to prosecute SWIFT for breaking European law. They recognized SWIFT was in a catch-22 situation between European law and US spying demands.
 

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