Hi everyone. Short update :
1) 23 accounts of the original group have been verified and approved by the Panamanian Authorities. I am awaiting to hear any hour about the terms foreseen.
2) The newly added accounts are seemingly still busy filing. Some of them have already sent required paperwork over to Panama.
3) I have settled one of the accounts under investigation with a third party to player's full satisfaction.
Will know more in the coming 48 hours.
1) 23 accounts of the original group have been verified and approved by the Panamanian Authorities. I am awaiting to hear any hour about the terms foreseen.
2) The newly added accounts are seemingly still busy filing. Some of them have already sent required paperwork over to Panama.
3) I have settled one of the accounts under investigation with a third party to player's full satisfaction.
Will know more in the coming 48 hours.
Players acting on their own they must make sure to have filed their claim with the Junta de Juegos. They also have to provide the Junta with copy of their ID ( Passport or color copy of drivers license ). Documents need to be notarized and sent via Fedex to The Junta de Juego with players contact information.
To the best of my knowledge you will either be requested to retain a Panamanian Attorney or show up in person in Panama.
To the best of my knowledge you will either be requested to retain a Panamanian Attorney or show up in person in Panama.
mickj and others...
It seems this Panama saga will never end and keeps dragging...
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR> TOW
posted July 07, 2004 07:28 PM
Players acting on their own they must make sure to have filed their claim with the Junta de Juegos. They also have to provide the Junta with copy of their ID ( Passport or color copy of drivers license ). Documents need to be notarized and sent via Fedex to The Junta de Juego with players contact information.
To the best of my knowledge you will either be requested to retain a Panamanian Attorney or show up in person in Panama <HR></BLOCKQUOTE>
TOW I have been folowing this saga and correct me IF I am wrong but this is the FIRST time you mentioned if a player wants to get paid he HAS to get a Panamanian attorney or show-up in person. Is this NEW info?
Rob everone appreciates your efforts BUT this fukng Panamanian gov't keeps screwing around everyone including you, and dragging the time out longer and longer. (soon football will be started)
Something to consider for U.S. players owed from betpanam...
If you file these documents with the "Junta de Juegos" they will be on record for many years in Panama AND BITE YOU IN THE ASS LATER as legal documents you filed to PROVE to the USA Gov't that you violated the "wire act" across state lines and sent monies ofshore and gambled ilegally online. Maybe even winning and not reporting it.
This may seem OK for now BUT sometime down the line the U.S. Gov't could get this info from the Panamanian Gov't and user it against you if they ever want to start rounding up illegal offshore online gamblers. And belive me there are some U.S. politicians that would LOVE to do this to make a name for themselves to the church voters.
The Panamanian Gov't can never really be trusted in the past so cover your ass. (As they have a "double-crossing" track record) Especially if you get your monies/winnings refunded by the gov't bond or from ??? and it is documented on gov't records that can be accessed later to be used against you.
Just something to consider...
P.S. this Betpanama thing has really turned into a cluster fu( k no matter HOW it turns out
-------------------------
Beezelbub's Tales to His Grandson
It seems this Panama saga will never end and keeps dragging...
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR> TOW
posted July 07, 2004 07:28 PM
Players acting on their own they must make sure to have filed their claim with the Junta de Juegos. They also have to provide the Junta with copy of their ID ( Passport or color copy of drivers license ). Documents need to be notarized and sent via Fedex to The Junta de Juego with players contact information.
To the best of my knowledge you will either be requested to retain a Panamanian Attorney or show up in person in Panama <HR></BLOCKQUOTE>
TOW I have been folowing this saga and correct me IF I am wrong but this is the FIRST time you mentioned if a player wants to get paid he HAS to get a Panamanian attorney or show-up in person. Is this NEW info?
Rob everone appreciates your efforts BUT this fukng Panamanian gov't keeps screwing around everyone including you, and dragging the time out longer and longer. (soon football will be started)
Something to consider for U.S. players owed from betpanam...
If you file these documents with the "Junta de Juegos" they will be on record for many years in Panama AND BITE YOU IN THE ASS LATER as legal documents you filed to PROVE to the USA Gov't that you violated the "wire act" across state lines and sent monies ofshore and gambled ilegally online. Maybe even winning and not reporting it.
This may seem OK for now BUT sometime down the line the U.S. Gov't could get this info from the Panamanian Gov't and user it against you if they ever want to start rounding up illegal offshore online gamblers. And belive me there are some U.S. politicians that would LOVE to do this to make a name for themselves to the church voters.
The Panamanian Gov't can never really be trusted in the past so cover your ass. (As they have a "double-crossing" track record) Especially if you get your monies/winnings refunded by the gov't bond or from ??? and it is documented on gov't records that can be accessed later to be used against you.
Just something to consider...
P.S. this Betpanama thing has really turned into a cluster fu( k no matter HOW it turns out
-------------------------
Beezelbub's Tales to His Grandson
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR> To the best of my knowledge you will either be requested to retain a Panamanian Attorney or show up in person in Panama. <HR></BLOCKQUOTE>
LOL, this is a late April Fools joke right?
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR> Something to consider for U.S. players owed from betpanam...
<HR></BLOCKQUOTE>
This is something to consider for anyone who gambles on the internet.
Jesus christ, how scary.
LOL, this is a late April Fools joke right?
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR> Something to consider for U.S. players owed from betpanam...
<HR></BLOCKQUOTE>
This is something to consider for anyone who gambles on the internet.
Jesus christ, how scary.
I do once again quietly make the point, where else will you get treated any better outside of the US??? From the people I met in the Costa Rican government I can tell you this, if a book there goes under you might as well write off your funds from day one. Any action like this not only would they ask you for a local lawyer, but they would probably require you to pay some fee or tax by showing up in a local bank, then require you to stand in some 2 hour line in a government office. The few that did that would then find out just as the money might come to them, the government passes a law to make sure the gringos don't get a thing. Or if you prefer ask people about what Curacao did for them when Aces went under. Even in Nevada there are plenty of stories of people needing to fight court cases for years to get nothing in the end. This is just a cautionary tale of what risks are taken betting with books anywhere and if it ends up most players get paid something out of Panama, that would actually be one of the best outcomes to ever happen from a book that went bad.
I do think your worries about filing for money are completely misplaced as well. The Wire Act involves people or entities in the business of wagering, not people placing wagers themselves. There is just no way for it to be prosecuted because as I have said numerous times there is not one single law on the federal law books that declares betting or gambling a crime. Only running a business is defined as a crime.
I do think your worries about filing for money are completely misplaced as well. The Wire Act involves people or entities in the business of wagering, not people placing wagers themselves. There is just no way for it to be prosecuted because as I have said numerous times there is not one single law on the federal law books that declares betting or gambling a crime. Only running a business is defined as a crime.
It is all lip service Doug. CR doesn't feel it is an important industry, at least not those in the government. Most will tolerate it, but they aren't going to do a damn thing to help it along or give its foreign players any slack. I really do think some in the Panama government are trying, but there are certainly some that are well connected and just would like it to fail for their own agenda. There is no one doing a thing in CR to make it any better other than the books themselves. Don't kid yourself, if this situation happened in CR it would be over right now and the players would have zero hope of getting a dime at this point.
