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Betting Against Online Gambling
conq writes "BusinessWeek.com has an article looking at the possible consequences if anti-gambling legislation is passed. From the article: 'Just how much of a setback is the proposed legislation for the $12 billion industry? While online gambling companies generate half their sales from U.S. gamblers, the industry is operated almost completely by companies beyond the reach of U.S. regulators. [...] It's a lot of smoke and mirrors and misstatements.'"
So, will this outlaw all those internet ads where I can win something by spanking the Monkey? Or was that punching the Monkey? Maybe that's why I never win..
( Government-Approved Gambling Association of America. heh, why not? )
If the bill is essentially toothless against offshore gambling operations, maybe they'll at least introduce criminal penalties against US customers of said operations.
It'd serve two very important purposes:
1: Make sure the "tax for people that failed math" has a shot of helping the US govt, instead of some offshore unamerican causes.
2: Help gambling addicts by fining and jailing them until they recover. It's a principle proven to work well with the War on Drugs, so it's really a no brainer to extend the concept here.
There is no downside.
Jon Stewart on net neutrality and online gambling.
Please don't tell me Park Place and Marvin Gardens are also dumps! I expect that for Baltic Avenue, but not the yellows, greens, and dark blues.
It's not offtopic, dumbass. It's orthogonal.
I'll offer 2 to 1 that by this time next year, this industry will be even larger than the 12 billion it is now. Takers?
Don't worry, they're not banning the lottery. They need lottery balls to clear out the tubes
So all the online gamblers switch to day trading , which is entirely legal, with the inevitable result of a total f**k up of the US sharemarket.
I applaud our government for getting tough on these criminal activites.
I know that some of you may think that it is your right to do what you wish with your money. But should we really have rights that could be harmful to some who excercise them? Hopefully this is only the first of recent steps that will lead to the elimination of wasteful and dangerous pass times from this nation.
Understandably, some would argue that there are many more things in this country that are dangerous. And I agree, these in time should be eliminated too.
Ciggarette companies sell heavily taxed items that WILL kill everyone who uses them, given enough time. Drug companies advertise all of there newest concotions on the easily scared. Pornography focuses on the sick and dark nature of humans, while exposing children to the danger of sex. Condom companies sell a product which makes sex with multiple partners seem reasonable and appealing to those who would otherwise, most likely, be spending their time doing things that will help the nation. Sex should be eliminated almost entirely, I have abstained, why can't everyone else? Car companies have ruined the atmosphere. Motorcycles are just crazy. Can you believe that we even let big strong dogs in our houses, without leashes?! How many lives have been claimed by dogs? More than zero, and anything more than zero cannot be tolerated.
Still, there are those that don't see the harm in online gambling. Most people have never tried it. But they will. What is stopping these online gambling sites from coming into your home, and forcibly taking all of your money? Is it a danger that we can really ignore?
Right now there are thousands of online poker professionals who make a living, often a very financially substantial living, playing poker from the comfort of their own home. They should be stopped imediately, so that they can stop making a lot of money for themselves, and start making far less money from the companies in America that have been set up to help America. Americans owe it to the rest of us to stop their search for alternative ways of living and conform to what the reasonable few in Washington have decided is good. Who could disagree with that? Who could disagree with a country by Americans, for Americans?
I believe that someday, we, as people, will come together and weed out everything that is bad and harmful so that we can all live lives filled with the pleasure of knowing that nothing bad will ever happen. Except old age.
You take it, I don't want it...
the odds are infinitely favourable.
Like I said. A tax on people who cannot do math.
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