anyone hear about Pacheco and the free trade agreement

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Hey heard it through the grape vine that Pacheco needs to close all sportsbooks by October in order to be involved with the free trade agreement with the US. Let me know if I'm hearing correctly or not.

is that right!
 

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What happened is that some guy in Panama is "predicting" that Abel's government will plug the cord on sportsbooks as early as october. I think these guys are just starting rumors, and benefit from them. However some books are looking into relocating to Panama. for more info go to sports911.com
 

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Yeah right, I highly doubt that. Who makes up such wild rumors? What are they going to say next, tell all your prostitutes if they don't stop servicing Americans they will call off the free-trade agreement talks???
 

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Agree with WildBill on this one....And dont people remember the BOOKS that left in the middle of the night in the late 90's from Panama? SBD was on I remember, International Sports Club th4ey where called then..
 

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Do you realize how unimportant sports books are to the US? They are piddling little things, absolute non-issues. What they are simply are fodder for a handful of so-called representatives to try to prove they care about families and are out to stop people from doing things that aren't approved of by their church. Nothing more. While free trade with Costa Rica will likely result in barely tangible benefits to the US, offshore gambling is a far smaller amount. The reason why the push is strong with CR and the rest of Central America to do this is to try to get Brazil on board, that is the big prize in all this. Seemingly the only way to get Brazil on board is to say hey we got the rest of the hemisphere with us on this, why don't you join? So to think they will get into a spat over something that represents almost nothing to the US economy is really far-fetched. After all CR could say "hey we will do what we can, but we don't regulate these guys and we can't shut all of them down" and if the US balks they can say "well say what you want, but here you are telling us to shut down this business here when you have more money being bet around NY than in all our country." It will quickly become a non-starter.
 

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But isn't Panama involved with the free trade agreement as well???
 

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Good point Sr. Tiger.

The free trade (CAFTA) won't go through anyway. None of the Latin countries can agree on anything and Guatamala is trying to set up a separate deal. Making any business based on the assumtion this deal will go through is Foolish with a captial F.
 

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ok, got your points and some valid some not. However regardless of what Pacheco does or not, how hard will it be to receive payments here after bush gives his signature on the new bill? Or is this another thread?

is that right!
 

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