2045
Horse and State lottery loopholes in internet gambling funding prohibition act prompt nevada and new jersey and a host of other states to open websites allowing internet betting on lotteries and horse races (as some do on horses already)
then nevada will offer in state sports betting on the net to verifiable in state internet users and non US users - causing delaware, oregon (and is it NJ also?) to dust off the books on their sports betting exemptions and take on a long drawn out battle for the right to offer similar services over the net.
the end result is that harrahs, boyd, park place, and trump open up shop to all (except utah of course) and put most offshore books out of business with brand name alone.
Best case scenario - US steps out of the way and offers framework that provides added legitimacy to any licensed internet sportsbook (yeah right)
Worst case scenario - Feds crack down on alternate payment solutions and cut the industry at its knees.
[This message was edited by Jaypaw on March 20, 2004 at 10:05 PM.]
Horse and State lottery loopholes in internet gambling funding prohibition act prompt nevada and new jersey and a host of other states to open websites allowing internet betting on lotteries and horse races (as some do on horses already)
then nevada will offer in state sports betting on the net to verifiable in state internet users and non US users - causing delaware, oregon (and is it NJ also?) to dust off the books on their sports betting exemptions and take on a long drawn out battle for the right to offer similar services over the net.
the end result is that harrahs, boyd, park place, and trump open up shop to all (except utah of course) and put most offshore books out of business with brand name alone.
Best case scenario - US steps out of the way and offers framework that provides added legitimacy to any licensed internet sportsbook (yeah right)
Worst case scenario - Feds crack down on alternate payment solutions and cut the industry at its knees.
[This message was edited by Jaypaw on March 20, 2004 at 10:05 PM.]
IMHO...things will stay the same....Regulated?? Maybe, but if it does the taxes will be outrageous therefore they will remain offshore in countries will less strict laws in the matter...A couple of weeks ago I saw a post about clerkless operations, that is another direction the industry is going, but I dont think that has anything to do with the question...but then again, you know what they say about opinions...
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by FISHHEAD:
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Dante:
I think it will become Regulated in some form<HR></BLOCKQUOTE>
Dante- Would you consider this in the BEST or WORST scenario?<HR></BLOCKQUOTE>
BEST
worst would be them making it "offically" Illegal in congress
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Dante:
I think it will become Regulated in some form<HR></BLOCKQUOTE>
Dante- Would you consider this in the BEST or WORST scenario?<HR></BLOCKQUOTE>
BEST
worst would be them making it "offically" Illegal in congress
International backlash against U.S. policies are starting to grow. Attempts to regulate international net industries will stall.
U.S. to go after funding sources using hardline tactics. Players and books find new ways to transfer.
Books possibly open Int. banking system. Some things are just not gonna die. Legal or not, people have been betting since there was something to bet on, and that is not gonna change.
U.S. to go after funding sources using hardline tactics. Players and books find new ways to transfer.
Books possibly open Int. banking system. Some things are just not gonna die. Legal or not, people have been betting since there was something to bet on, and that is not gonna change.
My source told me that they started with companies they felt pretty solid on and when nothing came against it they went more widespread. Supposedly Clear Channel was one of their first primary targets and being a Texas company you can imagine where their current sentiments reside. There were some other targets in the first set of issued "warnings", all companies they felt were strongly in their court. Then again everything involving politics these days follows this sort of pattern, look for your friends first but always keep your enemies close by.
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Dante:
I think it will become Regulated in some form<HR></BLOCKQUOTE>
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Dante- Would you consider this in the BEST or WORST scenario?<HR></BLOCKQUOTE>
BEST
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>worst would be them making it "offically" Illegal in congress<HR></BLOCKQUOTE>
AGREED!!!!!!
I think it will become Regulated in some form<HR></BLOCKQUOTE>
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Dante- Would you consider this in the BEST or WORST scenario?<HR></BLOCKQUOTE>
BEST
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>worst would be them making it "offically" Illegal in congress<HR></BLOCKQUOTE>
AGREED!!!!!!
