US Outlaws Online Gambling
imaginaryelf writes, "As reported earlier on Slashdot, in the closing hours of the US Congressional session on Friday, September 29, the Unlawful Internet Gambling Enforcement Act of 2006 (H.R.4411.RH) was attached to the Safe Port Act of 2006 H.R.4954.EAS.
To the surprise of many, the bill passed both the House and the Senate, and Bush is expected to sign it into law this week. This effectively outlaws online gambling in the US, by way of making it illegal for credit-card companies to collect payments for bets. The financial markets punished the stock of online gambling companies as some prepared to pull out of the US entirely."
from the Terrorists now.... Thanks Congress! Oh wait! This isn't for fighting terrorist? My Bad.
Thank God the congress knows how to protect me from the evil casinos! Four more years!
It seems (and I've never used a gambling site before and I don't advocate breaking the law) that to get around this, all you have to do is deposit the money to a "legit" offshore intermediary who then places your bets in your stead. Unless the government wants to audit all offshore businesses for gambling, everything looks kosher and compliant with the law. What am I missing?
Apology to Ubuntu forum.
5 will get you 10 they won't enforce it.
YRO aside, it is currently illegal is gamble in most of the United States anyway, except certain states and indian reservations. So, in this case, I don't really feel that anyone's "rights" are being trampled. All that's happening is that a loophole by which US citizens could gamble in foreign countries without leaving their houses has been closed.
Whoop-dee-doo.
"The financial markets punished the stock of online gambling companies as some prepared to pull out of the US entirely."
I bet they did. Shit, someone's knocking at my door.
Bill Clinton: Pimp we can believe in. - The Shirt!!!
Congress is just upset that they can't effectively tax online gambling because most of the companies are offshore. It's a case of sour grapes - if we can't tax it, you can't do it!
Insisting on "correct" English is like saying that there is only one, definitive recipe for chili.
According to the bill's title, the act was already illegal and all it is doing is enforcing it. If that's the case, why was a bill needed? Shouldn't it have been law enforcement's problem?
Degenerate gamblers.
If only there was some way for companies to draft money directly out of a checking account!
So one of the biggest industries in Second Life is gambling. Considering that the money used, Linden$, can be freely traded with other currencies does this apply?
The Way I understand it is, you put in some money and play with that. Will they now block being able to get your money back out. And with online casinos looking to close their US operations will they just take the money in these accounts with them?
"Congress is just upset that they can't effectively tax online gambling because most of the companies are offshore. It's a case of sour grapes - if we can't tax it, you can't do it!"
There have been movements, pretty much shot down, for Congress to tax the hell out of the Internet. (Some state governments have actually managed to add news sales taxes on out-of-state Internet sales: interstate commerce protections be damned!). Should we let Congress tax it soon so they don't end up destroying it?
Where were you when the voynix came?
Does anyone realize how much money is flowing out of the U.S. and into the pockets of these casino operators and foreign governments? While I do not agree with the moral justification for the passage of this bill, the economic justification is quite sound. Why should the U.S. allow foreign companies to suck money out of the U.S. economy, and then not even pay taxes back to the U.S.? It makes no sense. This type of bill would do better for the country, IMO, if U.S. companies who payed U.S. taxes were allowed to operate online casinos. That way, money would be kept inside the U.S. and the casinos could be regulated by the government, like Las Vegas casinos.
The greatest loss would, IMHO, be the end of the emergence of Predictive Markets, which are uniquely suited to online application.
Has anyone seen an analysis of the impact of this legislation on Predictive Markets?
Why couldn't our nation have been started by someone cool instead of a bunch of lame Protestants.
A brick and mortar casino gaming license wouldn't be quite as lucrative a give away to the wealthy and well connected if they had to compete with online casinos that anyone can set up overseas. Lets face it, a legal casino in an area where gambling of most forms is illegal is basically an ATM machine with flashing lights.
In my state the hypocrisy is reaching new heights as the GOP governor continues to try to allow slot machines at horse tracks while it is still technically illegal to play poker among friends.
Does this mean they're going to take down eBay and PayPal?
I certainly feel like I'm gambling whenever I do business there?
How about Ameritrade? Stocks are certainly gambling
If someone is passing you on the right, you are an asshole for driving in the wrong lane.
the the legislature of my country is so incompetant, to get something they want passed, they have to tack it on to something completely irrelevant.
34486853790
Connection too slow for X forwarding? Try "ssh -CX user@host"
If we're lucky, this will decrease the profitability of online gambling spam- if there isn't a convenient way for them to get your cash fast, their ability to pick up impulse bussiness should decrease.
Then again, since it's only the US, and spammers seem to prefer a shotgun approach, it might not make any difference. Since there are still plenty of people who could easily waste their money elsewhere, the spam will continue.
How on earth is it legit to tack a completely unrelated bill to another and pass them both under the same vote? Am I the only one who sees how unbelievably insane that is?
Surely anyone voting against the bill will be blasted for not securing US ports, even when it was a vote in protest to the anti-gambling legislation.
The way the US government goes around telling the world how to run their 'democracy' is so incredibly laughable at this point.
More than anything, this is a prime example of how members of Congress manipulate the legislation system to get a bill they want pass to ride on the coattails of a 'sure-win' bill. Then after that they basically pass the buck off to the courts (if it ever makes it that far) to overturn the law or declare it unconstitutional or whatever.
I think its about time that Congress get off their lazy asses and start drafting their own bills for the particular agenda items they have. This sort of manipulative behavior itself should be outlawed, but find me a single member of Congress that would vote to outlaw it. In a system where checks and balances are supposed to exist, they certaintly don't here.
And they said zombies weren't real!
Sounds like an ideal opportunity for organised crime. High returns, high demand and a marketplace that has been cleared for them by government action. Happy times are here again. You too can buy your stake through any one of a hundred routes and gamble from your home. Who needs drug trafficing when you're given such a wonderful opportunity.
With any luck this dumb act will get struck down by the WTO for the protectionism it is - before the marketplace for online US gambling is completely owned by crime.
"We permitted the evangelical right to seize power in the United States in a coup d'etat the likes of which Machiavelli would have been impressed with!"
If it helps you sleep to believe it was a coup, so be it. I find it far more frightening to consider that the current establishment may in fact be an expression of the general will of the American People.
-fb Everything not expressly forbidden is now mandatory.
we need to figure out way to combine gambling and porn.(well, more than the cliche strip poker, which I don't want to play online...ewww..)
Might I suggest games like "How many grams of heroin has this woman done in the last half hour" or "How many men has this 'virgin' slept with?"
Monstar L
They're going after the credit card companies.
I'll bet you 5 bucks it sticks.
How are they going to stop all that online stock market speculation?
Don't try to tell me that the return on investment is guaranteed, or that business ventures aren't a gamble, because they are. 90% of businesses fail in their first year.
Anyone want to bet that online casinos will be targeted by this law, but Wall Street will remain strangely exempt?
Do you REALLY trust online gambling sites to draft out of your bank account? You do realize drafts like that are pretty much non-reversable right? You signed to allow them to draft from the account - the bank can't do anything regarding a draft in a sum over the amount you agreed to. You have to take it up with the company.
Well I don't know about you guys, but I for one sure feel safer knowing our politicians are spending time outlawing gambling. (that is, unless it's government sanctioned gambling.) Al-Qaeda's got their game-face on about this jihad their waging against us, and what the hell are the people tasked with protecting us doing?? they're worried about people playing games. The prognosis for this country is not good people, things need to change.
1. Make it illegal to gamble online, since you can't figure out how to tax it.
2. Force the credit card companies to enforce the law you made.
3. Profit!
The profit being that law enforcement doesn't have to figure out how to trace it, they just have the credit card companies monitor for the activity, and make the arrest.
I bet I'll be able to sell my paltry $2500 numbered Swiss bank account for a tidy profit as soon as Unca W signs this into law.
I thought that everyone was prepared for this - is it not still legal, or at least impossible to prosecute, using your credit card to fund a third-party online payment site like Neteller, and then pointing "gaming" site to your Neteller account? The credit card company then has deniable plausability by never knowing where your Neteller money goes/comes from.
fund online gambling sites: neteller, firepay, etc. i'm sure these companies are happy that US customers can no longer use credit cards because customers are now forced to pay their large transaction fees.
I'm frankly surprised that the credit card lobby didn't kick up a bigger fuss on this. They stand to lose millions in user fees and interest. While I think anyone that gambles on credit is a fool, the credit companies were happy to enable such behaviour.
So, if I pay $15 a month to subscribe to a massively multiplayher game where I get some amount of starter virtual currency, and the game has as a subset of functionality a mechanism through with I can gamble my virtual currency, and a mechanism exists to transfer that virtual currency into real currency through eBay sales or some process officially allowed or even serviced by the massively multiplayer game maker, is my subscription illegal?
5 will get you 10 they won't enforce it.
They'll have the legit online gaming community look after it for them -- the big casino companies, who have the most to gain from this. I bet you don't have to look very far to see who really was behind this. It's not about money laundering, it's about a big business keeping it's slice of the pie.
A feeling of having made the same mistake before: Deja Foobar
"credit-card companies to collect payments for bets"
Now you just have to pay in advance, ohh wait we do that already.
-- I am the NRA, enough said...
anyways, I hope all you Americans remember this as well as all the other BS that the Republicans have pulled over the last 6 years and get out and vote next month.
Land of the free.... only if you're the ones in power.
Since the bill will make it illegal for credit card companies and other financial institutions to be involved in such transactions, it seems to be a refinement of target. Formerly the individual could be targeted, but that would be expensive and ineffective. Ten thousand charges could be brought forth without impacting the number of violations significantly.
If you shut down the payment options, you will greatly reduce the number of violators. It's an effective way of achieving their goal.
I hate to say it, but IMO (which is shared with MANY others) the Simpsons have been going downhill for a long time.
Not to say this point shows any disagreement with your sig except maybe the "once they go off the air" part.
I will soon be selling Cassino Gift Cards that can be used to buy stuff in their 'gift shops'.
Undetectable Steganography? Yep, there's an app fo
Why did we need a bill for something that was already "illegal"? What a waste of time, energy and talent. Could credit card companies not address this themselves? Just not allow the transaction? My guess is they weren't the ones complaining. It was probably some bleeding heart who couldn't control their own addiction that said, "I lost money, there should be a law." and unfortunately in our society someone always listens. That's just sad IMHO.
I suppose that I will have to satiate my gambling habits with options, futures and currencies.
Would someone please code a flash game that looks like roulette, blackjack, slots etc that was actually an interface to some brokerage for short term investments?
-- The morphemes of your disquisition are ascertainable, but they have eschewed an ambit of transpicuous exposition.
Funny how the Republican Abramoff machine that took bribes to protect casinos against new competition is still cranking out its legislation product, even after Abramoff is headed to jail. Maybe they're just hedging their bets in case they get jailed for protecting Republican boy rapists.
Why the "cause celebre" of the lobbyists who paid to elect Bush and his Republican Congress being passed by them surprises anyone is the only mystery here. Or is it pure "chance", according to some coincidence theorists?
--
make install -not war
No, I REALLY don't. I don't think any Slashdotter would. What I do think is that people that have a gambling addition may not think things all the way through. They just know they have to put $200 on the Colts right now, becuase it's just before kick-off. And the Colts are a sure winner, so there is no chance of loosing money out of the checking account.
Or if the Colts don't cover the spread, they will be sure to make it up next weekend.
They just need to win enough to pay the rent...
This doesn't really matter all that much. It means that US banks and credit card companies can't process the transactions. Companies like Firepay are off shore banks that can accept lawful deposits from US banks and then in turn handle gambling related transactions.
The law doesn't impose any penalties to gamblers so there's nothing illegal about taking any winnings by using the offshore banks to funnel those winnings back to a US account.
The problem is it's just harder now for the average player to make a deposit. I think in the long run this will be better for the above average players by keeping the degenerate gamblers out.
Hello Sir, My name is Jacob, and I am a wealthy businessman from the United States. New laws by my government have removed my freedom to gamble my money online. I have $40 millions that I would like to use for to gamble, but unfortunately may not use a United States banking account. If you would send me your bank account information I will deposit this funds. I need you to transfer this funds to an online gambling site. In return, you may keep $2 million. I selected you especially for this task. Please reply quickly, my gambling habit is giving me fits!!! Sincerely, Jacob Rich U.S. Businessman Moneys! Come rollin' in!!!
I've been disapointed to see that the UK government hasn't been leaning on Bush more over this issue, a lot of UK based compainies lost a lot of money today (although I think that the sensible ones have been spreading the risk). The US quite rightly leant on the EU over the MS issues because MS is worth a lot to them... I would have liked to see Blair at least being active on this issue.
*''I can't believe it's not a hyperlink.''
Well, you know, if you're that deperate, use an extra-territorial card backed by an extra-territorial bank. Sure, it's now illegal for US credit card companies, but try as they might, Congress can't pass a law (yet) that affects how banks and creditors in other countries do business.
I toggled a toggle and buttoned a button, but when I got done, I was done doin' nothin'.
So now a company outside US cannot use credit-card companies to collect gambling money... so what?
Really, move out of US and sell "happiness cards". The business works like this:
1) User searches a gambling site;
2) On a gambling site, the user has the option to buy "happiness cards", for 1 dollar + postage each;
3) For each "happiness card" bought, the user earns 1 playing bonus;
4) To legitimate the business, the "happiness cards" are really delivered to the user's given address.
Suggestions for "happiness cards":
- Porn;
- Landscapes;
- Puppies;
- Funny babies.
Hey, House and Senate, stop trying to regulate dumb things, and try to get a grip on Net Neutrality!
Utinam logica falsa tuam philosophiam totam suffodiant!
...meanwhile, hand me the dice Baby - Daddy needs a new pair of shoes!
If Google really cared they would fix Android Chrome to reflow text, instead of discriminating
I wish some of you effers out there would start voting libertarian. I'm so sick of legislated morality.
cash gambling is illegal in japan, but guess what pachinko does?
you purchase and play with small b.b. sized metal balls, and the payout is in balls.
you can exchange these for a number of prizes, including small tokens.
within a block of the pachinko parlor, there is a shop that buys said tokens.
http://en.wikipedia.org/wiki/Pachinko
it's already been done.
personally, though, I'm glad online gambling is illegal. i live in Vegas. the local casinos pay most of the taxes.
Not organised crime. You've been listening to too many lying politicians and Fox broadcasts. These are listed companies with careful oversight, reporting requirements and a need to be clean. What replaces them will not be.
Its not as much gambling as it is a game. Now slots and stuff are made to take your money, but a good poker player can make a living.
God spoke to me.
It is a pointless law really as it can be easily circumvented if someone really wishes to gamble, just insert a non US based 3rd party in the middle of any transaction (off shore bank or paypal like service)
What should be of great concern to everyone though, those for and against gambling is the way this law was passed, attaching two totally unrelated bills like this should be so illegal it should be part of the constitution because no matter how you look at it is a bad situation
Gov either get a law passed that would not on it's own make it past the finishing line by attaching it to a critical bit of legislation or possibly even worse, a piece of critical legislation does not make it into law because of the unrelated riders attached to it
Lotteries, casinos, poker and slots in bars, horse and dog betting, general sports betting via your wookplace bookie, and playing poker with your buddies at home is still legal.
This is just going to push the online gambling towards clearing houses for accounts overseas. If I can register to put money in offshore account, then build a paypal-like link to a site, then register for gambling using this as credential and escrow, nothing stops folks from playing (perhaps via proxy). Overall, this is just silly.
Anti-vice laws such as this aren't for the average person. They're to protect Society from the evils of the people on the edge of the bell curve who can't limit their own impulses. There are all kinds of walks of life and if the easily addicted we're left unsheparded the inherent evilness of their potential actions would eventually spill over into other peoples lives (embezzlement to pay for the gambling for example). Some paths through life are more rewarding than others and the people who make laws tend to think their paths are better so they create blanket laws because it's very difficult to tell which people need to be protected from themselves.
blah blah blah. Off to work.
Shh.
According to http://www.polocenter.com/travel/lotteriesus.htm there are currently 37 states that allow gambling. They call it a 'lottery' but it's really just a glorified numbers racket. That doesn't stop the states from operating them, now does it?
If the federal government is in the business of outlawing gambling, they should do it across the board. Otherwise, they should stick to matters within their charter - national defense, negotiating international treaties, and protecting interstate commerce.
-Eric
SJW: Someone who has run out of real oppression, and has to fake it.
Also, it wasn't a surprise that the legislation PASSED - the Port Security bill was getting passed, period. What IS surprising is that Frist managed to attach this to it. Democrats were trying hard to attach relevant amendments, like a measure to increase security of the rail transit system. These amendments were all rejected, yet Frist manages to get his "pander to the religious right" amendment attached? The mind boggles.
Anyhow, there's a good analysis of the bill reposted here, which includes:
or something...
Slashdot Burying Stories About Slashdot Media Owned
Excuse the (slightly) off-topic question, but could someone explain to me exactly how riders are attached to bills like this? I've googled around but can't come up with any solid information on it. Can any congressman or senator just add a rider to a bill? Is it really that simple? I believe there must be much more to it than that, or else every single bill would have tons of insane riders attached (more so than we have now!). I mean, if someone adds a rider to outlaw online gambling, then whats to stop another person from adding a rider that would nullify that rider?
You want to run for office? I hear there are some tentative availabilities coming up shortly in Congress.
"Ladies and gentlemen, my killbot features Lotus Notes and a machine gun. It is the finest available."
Fortunately for all of us, it's not wrong to play lotto or the horse races. Those types of gambling are just fine.
Gadget News at Gizmo.com
Peter Gibbons: I can't believe what a bunch of nerds we are. We're looking up "money laundering" in the dictionary.
Yeop.
So where will that put all the gambling and oddness that takes place within a virtual world like second life?
I assume that since the servers are US based that gambling would be illegal under this, however the transactions are not direct (you purchase "Linden $$" in the game w/ real cash then gamble with the in world virtual $$), also possibly complicated by the option to use the cash you earn to buy things in the world itself or cash out to real currency.
Curious about others thoughts.
Actually, you remind me of this business idea I've had for a while. Basically, sell investments *as* lottery tickets.
For example, options can give very high returns, but this only happens rarely. So what you would do is:
a) Buy a high-risk option (e.g., the right to buy oil in a month at $110/barrel) which is unlikely to be worth anything but will be valuable if it is
b) Sell $1 shares in this option like lottery tickets.
c) If the option turns out to be worth anything, sell it, and distribute proportional to buyers.
You could even liven it up - buy many different kinds of options, and buyers "scratch off" to find what option they're now holding a share of.
They can't say it's illegal gambling, because that would amount to saying that "real investing" is gambling.
What could go wrong?
Apology to Ubuntu forum.
but the general unwillingness of people in the US to report winnings on their taxes through means that they shouldn't be using. How do you report gambling income if it's not legal to gamble online?
Now that you've posted instructions on how to do this, you're probably guilty of some crime or other too.
America, land of the free!
Engineering is the art of compromise.
This political system is fucked.
No, really. The way things operate today is so far gone from what the founders of this country intended. Everytime a controversial bill is passed by attaching it to a piece of "must-pass" legisilation, I die a little bit on the inside. Why can't politicians see that they're selling out their country by trying to protect it with more non-sense laws that are only in big corporations interests and NOT the peoples? When will it end?
I just wasted your mod points! HA!
I know it's unlikely, but perhaps we should discontinue gambling activities and send a clear message that we won't stand for lobbyists controlling our state and federal leaders. Then again, maybe we should just surrender to our lobbyist overlords now and hope that they don't take away our freedom to stay home on the weekend instead of going out and giving them our money.
Ouch, parent makes great points.
...providing "material support" to organizations that have terrorist ties is -- if I understand our new insect overlords correctly -- now sufficient to classify anyone as an "enemy combatant" and basically strip himher of all habeas-type rights. Putting money in offshore accounts helps those banks to launder the money of terrorists and many other unsavory types, which I believe could qualify as material support (the law was intentionally left vague on what constitutes material support).
My turnips listen for the soft cry of your love
I'm giving 5-to-1 on repeal by 2010. Any takers?
If fate makes you a motorcycle, you become a motorcycle.
This is a perfect example of bribery and political corruption. If Congress wants to make gambling illegal, then it should do just that. Outlaw all state lotteries, Indian casinos, and Las Vegas. Oh wait, they would never do that because they are getting a cut of the action.
The only reason why Internet based gambling is illegal now is because Congress didn't get a cut of the profits. This is pure corruption. Every senator and representative who voted for this bill should have their balls/cnts cut off and force fed to them.
Why do we the people continue to tolerate such blatant corruption and greed in our politicians? This law does absolutely nothing to benefit the public and exists only to line the pockets of the so called public servants. We should be up in arms against crap like this. Two hundred years ago, Americans would have dressed up like Indians and thrown poker chips into the Boston harbor because of an act like this. America has fallen so far that it's become a laughing stock of the civilized world.
How about an act that would actually benefit America? Make it illegal for banks and credit card company to collect funds that go to political advertisements. Outlaw lobbying! That would actual improve things around here. Fcking politicians.
Whatever. You can thank the boundaries of the Interstate Commerce Clause for defanging this beast. Expect gambling sites to set up bank accounts in each of the states where online gambling is legal under state law, and direct all traffic from gamblers in a state to servers in that state. This accounts for most if not all states.
All this law does is make internet gambling sites shell out a few (hundred) thousand dollars for server upgrades and a minor software patch. Yippee.
This post expresses my opinion, not that of my employer. And yes, IAAL.
Anyone want to lay down bets on how long this will last?? I'm giving 3 to 1 odds here.... If you do, please visit my online gaming site located at http://secretuspolicelist.gov/
"But this one goes to 11!"
What's interesting is that the states apparantly still believe they are allowed to allow/prohibit/regulate brick'n'mortar gambling, which is why you can do it in Las Vegas or Atlantic City, and I guess the Indian Casinos somehow fit into all that. But remember that it is "interstate commerce" that makes it illegal -- by federal law -- for you to grow marijuana and sell it to your next-door neighbor who lives in the same state. In order for Congress to prohibit the interstate drug trade, they say it's "necessary and proper" for them to prohibit intrastate trade.
Use the same logic, and the regulation of "online" gambling is a step in that direction, and all gambling in any form, even brick'n'mortar Casinos, is now subject to federal control.
The "interstate commerce" combined with "necessary and proper" clauses are the most powerful things in the constitution, as long as you vaguely and abusively interpret them "correctly." Nobody can name a single thing that is beyond the constitutional powers of Congress. Go ahead, try. Name anything that, from the enumerated powers in Article 1 Section 8 and the 10th Amendment, that you think might be a "states rights" issue, and I bet someone can come up with a perverted way to make it a federal issue.
"The United States" do not exist -- it is just The State. What's the capital of Texas? Washington DC. What's the capital of California? Washington DC. What's the capital of New York? Washington DC. Memorizing the 50 capitals is easy! :-)
As copyright owner of this comment, I authorize everyone to defeat any technological measure which limits access to it.
One easy way to get around this law is to open up a swiss bank account. Get a debit card through such bank, and then use it at gambling sites, all while in the USA.
There. :-P Happy?
Goddamn libertarian pussies. ;)
Actually, cats are a great symbol for libertarian thought. :) Independent. Living by the beat of their own drum. Fuzzy. Coughing up furballs. Um. OK, so I overextended the analogy.
They're just trying to keep the tubes clear. As we all know. poker chips clog up tubes, and there are only so many state approved lottery balls we can keep pumping through to clean out the mess.
Again, this is basically an unenforcable law from the perspective of stopping on line gambling as people will work around it with non US banks, the same way the gambling corporations get around gambling laws with non US servers.
As for coding ETF transactions, there are too many times that money is moved without a given purpose at the time other than changing where you are keeping it. Is "Moving money to a better storage facility" going to be a valid transfer code? If so, your premise is shot right there. As at that point you have to legislate thoughts of "Did you decide you were going to gamble with this money before or after transferring it to off-shore-bank.com?"
I'm a fiscal conservative, it's a pity we don't have a political party anymore
Here are some possibilities:
1. The number of underground casinos/cardrooms/sportsbooks will grow.
2. Independent bookies will see increased business.
3. Organized crime will get in on the action.
4. Overseas banks will get more money at the expense of US banks.
5. People will be swindled by overseas business offering to hold money for internet gaming.
You can still use your credit card to fund an account to wager on horse racing online.
I've always noticed you can easily transfer money on the online poker sites to other players.. You could use these sites to easily launder money, all you'd have to do, is have your accomplice go to an empty table, raise the amount you want to transfer, have your accomplice Re-raise you, then fold. Bang, he got all the money, and it looks like a fair gamble, not an attempt to illegally transfer money.. Also, since you can easily use fake accounts, and repeat this process numerous times, how would they ever track it?
interestingly I have to use "ideology" as my word to post this message.
This raises an interesting point. Magic Online is essentially an online casino, but it isn't classed as a casino because most prizes are cards, rather than cash. I wonder if any other online casinos will circumvent the new rules by changing the way that prizes are paid out?
In spite of America's failings (the most obvious one about letting citizens own guns for the purpose of schoolyard shootings) I have to admire the balls Congress has in this situation. They just decimated the share value of a number of online gambling companies!
Too often governments fear bringing corporations down to size. There are a number of unethical industries that need to be nipped on the reproductive organs and it WILL mean a loss to the economy in terms of corporate valuations. Lately banking, telecommunications, and oil firms are just taking individuals and countries for a ride. The only ones who can stop it (the Governments) are the very same ones that profit in the back pocket from the illicit activity.
It takes a real man to lead a religion and not abuse his power. It takes a real government to lead a country and not abuse its power.
hey all you American online gamblers!! Up here in Canada, we don't tax winnings. You can come up here and gamble away and keep all your winnings. I'll bet some enterprising bank will let you put your money here so you don't have to bring it into the US, but here's a bank card so it's all good.
Mean what you say...say what you mean.
democracy simply does not work.
- Kent Brokman
Seriously I sounded this out in my head as 4954.HARASS on the first read.
Seems it would be a more apt name.
Letter To Iran
Please mod parent as ignorant. Poker is not a game played against the house. A good poker player will make money, a bad poker player will lose money (in the long run). Casino games like blackjack are, of course, designed to take your money by favoring the house. Poker, on the other hand, is played against other flash and blood players and the house just takes a small percent from each pot. That's one of the reasons why online poker has exploded and surpassed all the other online gambling. Party Poker makes FOUR MILLION DOLLARS PER DAY. It's ridiculous.
Your logic is exactly what drove this thing, I'm certain. It's also a foolish notion, on the face of it.
If U.S. credit card companies can't collect U.S. payments for U.S.-based online gambling, then I guess we're about to see some explosive growth in their overseas divisions.
How is my Visa card, acquired in Britain from their European division, and not subject to this law, going to prevent me from gambling myself into bankruptcy in a (now) European-based online casino? Is the Justice Department going to put Visa out of business in the U.S. over this?
This law drains whatever tax benefit Internet gambling provides to the U.S., and guarantees growth for European and Asian business.
Shaw's Principle: Build a system even a fool could use, and only a fool would want to use it.
The US of A becomes more and more free from "dom" each passing day. What a glorious place it must be to live - freedom never had it so good. Praise the lard.
Not.
If I'm reading this right, it was passed almost unanimously in both the house and the senate (these things aren't terribly clear). It appears to have been sponsored by Dan Lungren (R-CA). Does anyone know how to stop this kind of crap? I don't know of a single person who would endorse this crap, but it appears that pretty much everybody voted for it (no doubt due to it's name).
Dear highly honered sire,
My name is John Gumble and I am a American cittisen that just won $2m in offshore online casino. Since my bank won't proces it I would like to ask to give me your bank acount, pincode and sacrifice a goat so I can transfer the money. I will help you to get 15% out of the transaction.
God bless you, I have 2 wife and 3 kids who are hungry and this will really help me,
Sincerely,
John Gimble
Custom electronics and digital signage for your business: www.evcircuits.com
If your packets happen to go to an out-of-state router before going to the local, in-state gambling operation, you're in violation. It's not sufficient to ensure that your Ohio server only accepts gamblers with a billing address in Ohio. You must also perform flawless geolocation of every hop between the gambler and yourself, inclusive, and ensure that they are all within state. The second your packets go out-of-state you've committed a federal felony. You must also perform this operation for EVERY packet, to account for route flap, balanced routing, etc. Also, if your packets go into an MPLS tunnel, you must geolocate all the hops inside this tunnel - an operation for which no methodology currently exists.
Good luck, sir.
With online gambling a person was forced to play with money they already had, or borrow from a credit card company within some limits. This was not completly harmless and has accounted for many finiancial problems for many families, but now the situation might be much worse.
Now more people will turn to local bookies to place their bets often playing with money they don't have or without borrowing limits resulting in them getting in too deep and they will have much more to answer to than a credit card company's high interest rate.
While this problem will increase, online gambling sites will also become more inventive in ways to make deposits, I have already seen where you can purchase a prepaid phone card from a company you have never heard of with a credit card and use that to instantly fund a poker account.
Welcome to the land of the free when the government gets a cut on your already taxed dollars.
I'm voting in the November elections. How about you?
I'm trying to teach myself to set people on fire with my mind... Is it hot in here?
It's not gambling, it's investing. You're actually selling something: the right to buy oil. The value of the thing you're selling is determined by an actual, real-world object: once it all settles out a real barrel of oil actually goes somewhere.
You'd get into all kinds of trouble, not because it's gambling but because it's investing. The SEC would want to have a word with you. You'd have to explain how you're planning on tracking all those lottery tickets, when they can just bypass you as the middle man and invest directly. And you'd better be prepared to fill out a lot of forms to make sure you're not skimming more than you say you will.
You're right that options are closer to gambling than regular stocks are, because what you're selling there is "risk". The real purpose of options is to manage risk. Some farmer has a bunch of oranges coming in, and he'd like to sell the juice today for a set price rather than risk the weather ruining his crop. You buy the option; you're assuming the risk and possibly getting the reward. You're helping some farmer out.
Unlike gambling risk, though, the risk isn't artificial, and the margin isn't going to the house. This is weather risk, or risk that they won't find oil, or other kinds of real-world risk on real-world objects. It's not for fun, the way gambling is. It's serious business, and farmers would be a lot worse off if it weren't for agricultural commodities hedging. (It applies just as well to spreading the risk of other investments, but it's clearest with agricultural ones.)
"I don't see a legitimate reason for gambling to be illegal. If someone wants to gamble, smoke, shoot themselves in the foot, or whatever, let them. "
The problem is that people who gamble online are usually doing so with somebody elses money - i.e. their credit card providers.
One of the problems targeted by this bill is the rising volume of uncollectable debts related to gambling. I agree with you - gambling should not be illegal. But I also think gambling with borrowed, unsecured funds should not be allowed without the expressed consent of the lender.
The last few episodes were really smart and really funny. "whats the point, we're all slowly dying.." -homer on his lack of motivation.
I'll just use my special getting high powers one more time...
What's really ironic about this is that this dingleberry attached to an unrelated bill was supposedly to appease the religious right. But nowhere in the bible... NOWHERE is gambling indicated as being against god's will or law. In fact the bible makes repeated references to gambling and "drawing of lots" throughout.
This is another classic example of religious nutjobs exploiting the stupidity of the public, hiding behind dogma to impose their own selfish agenda. They feel that internet gambling is cutting into their gambling activities like bingo... what a bunch of hypocrites. It's a shame god doesn't exist because if he did, all these asses would be burning in hell for eternity as a result of their unbridaled hubris and hypocrisy.
Actually, cats are a great symbol for libertarian thought. :)
'Cause they're dependant on their owners for food and medical care? Unless you meant the feral variety, and I wouldn't exactly call them fuzzy...
I'm teasing anyhow. Burn karma burn.
militant gun owning 'liberal'
This is very simple.
Off-shore betting company, routes CC through off-shore CC processing center.
There's NO way the US can pass a law that would disallow an American from using online gambling, if they were in another country.
ie - offshore company routes traffic through an off-shore proxy, which then makes it appear that the users are in Thailand or Jamaica, or wherever.
Then they place the bets, take the money, or give it back.
No US laws to worry about.
Not that I care about online gambling, as I don't gamble, period. It's enough of a gamble just to wake up every day. I just don't like seeing tax payer money wasted on stupid legislature which restricts what we as citizens can and cannot do.
Who is general failure, and why is he reading my hard drive?
Whether it could still be possible to operate casinos legally in the US is not the most important thing here, whether casinos and online gaming companies will continue to put up with the hassle involved is. Right now it's not looking like they will.
Between this bill and the arrest of betonsports CEO, the feds are sending a strong message to online gaming compamies that they are cracking down hard on this sector. PartyGaming (owner of no.1 gambling site partypoker) already announced they are pulling out of the US market. Rumors are that Pokerstars.com (no.2 site) will follow suit tomorrow or very soon.
888.com (another major online casino) and a host of smaller sites already said they are no longer going to allow US players. Now of course other sites make start up to fill the void, but make no mistake, this bill will hit the gaming sector extremely hard.
wow! companies like neteller et. al. must be very happy with the passing of this new law. no more competition from credit card companies - now we (we being american online gamblers) are forced to put our money into a third party middle-man, pay them a percentage based fee, and then gamble with whats left..
thanks congress, way to accomplish absolutely nothing other than giving us a hard time.
"i stand on the edge of destruction" -shai hulud
Lets see, the US tries to outlaw gambling, porn, booze sales on the InterNet. Doesn't sond like a very liberal country to me. Please protect me from my evil desires Uncle Sam!
...paypal?
exactly how is this the land of the free?
we cant do shit
this whole country has lost its way
now the government tells me im not allow to gamble online, in my own home?
fuck that
alot of peoples income comes from online gambling
Except for the government taking away my rights, the entire concept of tacking unrelated items on a bill to get it passed under the wire pisses me the hell off.
Bills should be about ONE subject. Period. And anyone that even tries to tack on crap should be shot on site.
We have lost control of our government, its long past time for a 2nd revolution.
---- Booth was a patriot ----
Anyone want to bet that online casinos will be targeted by this law, but Wall Street will remain strangely exempt?
When you buy share of stock, you own a percentage of the company that issued it. Your reasons for buying it (profit, loss, wipe your ass w/ certificate) are incidental.
When you game, you're wagering you'll get something for nothing. Your reasons for doing it are also incidental. Nothing is produced but extremely costly entertainment.
Luke, help me take this mask off
If what's correct, then then why did FireOne (which is FirePay's owner) says in this press release today.
FireOne's a publicly traded company on the London Stock Exchange and it dropped 66% on this news. So I'm thinking that the US laws do have a significant impact them getting US customers. If you think otherwise, take a gamble and buy their shares cheap. At least its not a negative sum game like online gambling.
People need to be allowed to fall before they can learn to remain standing on their own. If we never allow them to fall we will forever be propping them up with (what should be unnecessary) crutches.
it's all about who wins and who loses. all of these gambling companies that lose because of this are offshore, a lot in the UK i believe. the winners are inbred social conservatives who will celebrate this with a game of bingo at the local church (laff!)
american congresscritters are not elected by british businessmen, so the heck with them. if it were american businessmen that stood to lose because of this, it would have never passed. but as it is, american businessmen can't start these sort of businesses because of laws pushed by said inbred social conservatives to begin with... inbred social conservatives usually from areas of the country with riverboat casinos. the hypocrisy of it all. it's potectionism of outdated gambling modes: las vegas, atlantic city: they serve to lose from online gambling
so this isn't about morality after all in the end folks, it's about business, and this whole bill is a giant stinking turd of protectionism. protecting us all right into luddite obsolescence, where british companies will profit from what american compnies should be profitting from in the first place!
why don't we just shorcircuit this entire retarded effort by the congresscritters and just become amish. then we will be protected from the evils of electricity too. let the british profit from evil electricity insted. pffft
intellectual property law is philosophically incoherent. it is your moral duty to ignore it or sabotage it
Neither the credit card companies, nor the electronic money transfer agents (e.g. Neteller, Firepay), nor the online poker companies (e.g. PartyGaming, Poker Stars, Paradise), nor the sportbetting companies (e.g. Sportingbet, etc.) thought the bill would pass.
They mostly predicted it would pass the House, but stall at the Senate owing to various objections from well-lobbied Senators.
But what they didn't expect was the underhand way in which Frist would wait until the very last minute before recess (when everyone was tired and just wanted to break up to start campaigning) and attach it to a piece of legislation that no-one was going to object to (i.e. an anti-terrorist act).
Many of the Senators had not even had a chance to read the bill that they ended up voting through by a majority of 470 to 2.
Perhaps the US should worry somewhat about this. As I recall, most of the internet gaming sites are based in the UK. When China decided to banned opium, the Brits came in and forced them to accept it...
On a more serious note, I think the US probably owes the UK for the iraq war (at least Blair) and reversing this could be a small favor. On the other hand, since Blair is a short-timer, perhaps there isn't anything to lose to pass this ban now...
Why is it ok to bombard the public with scratch tickets, numbers games, and casinos yet for some reason doing it on the web is bad? Either they are all bad or none of them are.
It is by the juice of the coffee bean that thoughts acquire speed, the teeth acquire stains. The stains become a warning
"I constantly see the people with tattered clothes sitting at the machines, the mother with her 6 year old sleeping on the carpet next to her at 2 AM."
I live near Tunica MS and have been to Las Vegas and do not believe you have constantly seen "the mother with her 6 year old sleeping on the carpet next to her at 2 AM."
I have taken MY 6 year old to several casinos in order to enjoy the restaurants and other offerings and just the act of walking through a casino with such an obvious minor usually either requires an escort or us being watched very closely. There are laws against gambling with your children present to prevent this kind of thing. I suspect the various state gambling comissions don't take kindly to violators since the casinos enforce it VERY strictly.
Ninjas don't carry tic tacs
The bill is deliberately vague in its language, and states that a "financial transaction provider" must block payments to online gambling companies. Both Firepay and Neteller would be considered to be "financial transaction providers". This langauge will be deliberate, as many, if not most, credit companies stopped allowing transfers to online gambling operations a while ago, and so Firepay and Neteller have been very heavily used in recent years. This bill aims to stop that.
Of course, the question is whether Firepay and Neteller would comply. Given they have no physical presence in the US, they are beyond US regulatory control. Neteller, for example, is based in the Isle of Man. Would the Isle of Man judiciary enforce an order on one of its own companies that is served up by the US? Will be interesting to see what happens.
Now we just need to get clamp down on pornography, evolutionism, heliocentrism, socialism, liberalism, humanism, atheism and non-Christian religions, and finally the US will be a country worth living in again.
Of course, it'd be difficult to get an outright ban on these things past the supreme court. But if congress made it illegal to handle money transfers to support organizations or buy books and films that supported these things, and also made it illegal for banks to hold accounts for organizations and businesses involved with these things - that'd work.
Imagine how hard it would be for somebody to open an adult bookstore, or run a pro-evolutionist museum, if they weren't allowed to use the banking system!
So, if it is illegal for Credit Card companies to collect payments for bets, then how does this affect the international community? Are they merely imposing this kind of closed-minded gambling scheme on only local uses of Credit Card companies? Or are they instead imposing their narrow view onto the international community for credit card companies that are based in the US?
The reason I ask is, how on earth do they intend to determine if a customer is in the US or not, and does it matter if the person is travelling Internationally or not? This seems like a breach of jurisdiction to me.
If person A were travelling out of the country, and went to a country where they were allowed by law to gamble online. Does that not seem like a breach of jurisdiction? What if, hypothetically, there exists a country where you are required BY LAW to gamble online at least once during your trip? Who would be in the right?
Surely though this means that people could travel overseas, get themselves another credit card, and use it for whatever means when they get back. I'm sure there will even be mail-order credit cards from god knows where before long that will totally circumvent this entire gambling issue.
Cheers, Chris
This is incorrect. You can only be classified as an "enemy combatant" or "illegal enemy combatant" if you are NOT a US citizen. This new law does NOT apply to US citizens.
Does this mean that people with lesser browsers will no longer be subjected to epilepsy-inducing banner ads inviting them to give all their money away?
Wait, this move could really hurt firefox adoption.
"Nine times out of ten, starting a fire is not the best way to solve the problem." - my wife
Have a read:
D =5249
love this line
Senate majority leader Bill Frist (R-Tenn.) spoke out today on his recent triumph in attaching his much maligned Internet Gambling Bill to the Port Security Bill today issued the following statement:
"With this new legislature, the government will finally have a stronger hold on it's citizens personal liberties."
http://bluffmagazine.com/forum/forum_posts.asp?TI
It's official, americans now live in a cold-war era state.
So true, I recently read a piece by Engel's from 1891 where he took a pot shot at the US for having a corrupt government with two parties that are really two sides of the same coin. It's nothing new. (It goes without saying that anything written by Engels should be taken with at least a few grains of salt.)
Ah, I found an online copy of Engel's 1891 postscript to Marx's The Civil War in France :
Centralization breaks the internet.
Thank God the Congress had the balls to stand up to this un-American betting on the Intenet pipes thing. The idea of people sitting around in their underwear gambling in the privacy of their houses is disgusting. Youse bums should get out more and support your local businesses, like for example, Earl the Bookie down at Ichabod's Billiards. Earl has a daughter he's trying to put through college and needs the local trade to get by. Money spent locally gets recirculated locally, like for example Big Mike's 10% skim of the action, which has been down lately. If you like poker or craps, youse should knock on the door to the back room and tell Large Arnold that Ralphie sent you.
Some mornings it's hardly worth chewing through the restraints to get out of bed.
You've hit the core of what classical liberalism really is; I refuse to define it as Libertarian because the current party is nothing but a group of crazies in their own right. Modern liberals are actually classical socialists more or less. Its a pity Thomas Jefferson was the founder of the Democratic Party.... his values held NOTHING in common with the modern party.
This is honestly how most of the country feels... moderate libertarian or centrist to the left or right with libertarian influence.
I believe a country should be founded upon one central natural truth. Its liberal in its content and even possibly delusional;but I still stand by it:
People should be free to live their life how they choose; as long as that same right is not taken from someone else, including their descendants.
but, it's also gambling
you put money down on a game of chance in the hope of winning back more money
ie, gambling
according to you, if i show you a picture of naked chick, it's not pornography if she's naked in the basement of a church
pffft
intellectual property law is philosophically incoherent. it is your moral duty to ignore it or sabotage it
I know because I gamble online. I tried to buy-in using my credit card -- doesn't work because the credit card companies *already* block charges to online gambling companies. Instead I funnel my money through PayPal or something similar, and everything works fine. I don't see how this law will change anything.
"human rights experts expressed concern yesterday that the language in the new provision would be a precedent-setting congressional endorsement for the indefinite detention of anyone who, as the bill states, "has engaged in hostilities or who has purposefully and materially supported hostilities against the United States" or its military allies.
c le/2006/09/25/AR2006092501514.html
l leged_terrorist)
The definition applies to foreigners living inside or outside the United States and does not rule out the possibility of designating a U.S. citizen as an unlawful combatant."
http://www.washingtonpost.com/wp-dyn/content/arti
"José Padilla (also known as Abdullah al-Muhajir) (born October 18, 1970) is an American citizen of Puerto Rican descent "
"On June 9, 2002, two days before District Court Judge Michael Mukasey was to issue a ruling on the validity of continuing to hold Padilla under the material witness warrant, President Bush issued an order to Secretary Rumsfeld to detain Padilla as an "enemy combatant,"
http://en.wikipedia.org/wiki/Jos%C3%A9_Padilla_(a
My turnips listen for the soft cry of your love
Many states have outlawed using credit cards for lottery tickets, which could be construed as gambling, I suppose. Colorado is among those states.
Thus, the rule itself may not have been for the express purpose of eliminating gambling, but to keep people from putting themselves even further in debt to pay for their gambling habit.
It doesn't even need to be passed as a law. All you need is one of the parties to stand up and say "we will ALWAYS vote against any legislation with unrelated riders on it, and we won't write any of our own". And then stick to it. Other countries don't have to outlaw this nonsense, because if anyone tried to pull it they would be laughed out of town. All you need to do is announce it for the foolishness that it is, so it will no longer be tolerated.
Okay, call me naive.. but then, I'm Canadian.
I adblock all animated gifs.
Blessed be the prime numbered slashdotters
I play a little poker online. I generally win, and am up 3K so far this year.
Mainly I play for entertainment.
Bread and Circuses. That's what the politicians are taking away from me.
That's not very smart, historically speaking.
That is it. No interpretation needed. US citizens are simply not subject to these commissions. Period.
The rest of the information you provide is about Jose Padilla. This legislation does not and will not apply to Padilla. In fact the Padilla case was transferred to a court with full civilian control and oversight. He now has full rights to challenge his detention. Additionally it was the seemingly unfair treatment of Padilla and others that prompted this bill.
Note that I'm not attempting to support the aims of this bill, just pointing out the facts. The fact is that it does NOT apply to US citizens.
If this had ANYTHING to do with concern for the weakest and poorest members of society, then we should start by banning the lottery, and for that matter, predatory tactics used by banks and credit card companies.
After the dot com crash, my business failed and I went largely unemployed for almost two years. I went from having stellar credit and over $50,000 in cash in my bank account to ruined credit and about $40,000 in debt, with interest continuing to accrue. Not a week goes by that I don't receive several offers in the mail for "pre-approved" credit cards, offering minimal $300 credit limits in exchange for annual fees of as much as $80, interest rates of 21%, increasing to 30% if I so much as make a single late payment or go a penny over my limit, and acknowledging that they can increase my interest rates at any time if they see fit, even if I am making timely payments to their account.
All this, while Congress voted to restrict my ability to declare bankruptcy and make a new start. Notice how crooked companies got no new restrictions on their ability to go bankrupt and swindle millions from their customers, investors, and customers.
I have no interest in gambling, but it is insulting to suggest that this anti-gambling law has ANYTHING to do with concern for the little guy. This is all about protecting THEIR TURF..
I would be interested to hear your theories on where rights come from. For instance how is property a right and killing people not a right? How does one know what is a right and what is a privledge? Is there an exhaustive list of rights? How would one go about adding or subtracting (if possible) rights from that list?
I'm not trolling or trying to bait you. I just am interested in your ideas.
I didn't make the rules.
The biggest gamble might be remaining in this country.
They'll go out of business if they do. They just need to make sure that their directors don't ever visit the US.
However, if the penalty for disobeying the bill rests with the US banks then they'll probably feel compelled to block transactions to Neteller and Firepay.
Either way, there's really nothing stopping you from setting up an offshore account with a bona-fide bank and using that to fund your accounts. I'm sure some enterprising bank in the caymens will start accomodating this $12bn niche.
You might want to check your legal jurisdiction, before shooting your mouth off.
If the money can be traced back to someone residing in the US, they can be prosecuted.
Besides, when has the US government EVER worried about jurisdiction?
"People who do stupid things with hazardous materials often die." -- Jim Davidson on alt.folklore.urban
But if you purchase a lovely T-shirt from the caymen islands for $1000 on your credit card, you get online gambling credits free with your purchase!
Seriously, the law won't actually do anything to stop gambling, but it will acomplish two very important things:
1. You can know that your elected representatives are "doing something" about gambling! It is very, very, very important that your elected officials are seen as "doing something" about a "problem".
2. The laws are probably written loosly and vaugly enough to allow the government to arbitrarily punish any credit card company they want. This is good for politicians, as credit card companies have a lot of money to give to political campaigns in exchange for protection.
Have not waded through all the verbiage of H.R.4954.EAS (and really, no, really, what does securing our ports have to do with web-based poker players, anyway?), but one must wonder why our beloved Legislators continue to prove their shortsightedness.
Surely, if the bill merely states that credit card companies are no longer allowed to act as the middleman for any wager, this will only create opportunities for non-U.S. companies to act as the moneychangers.
As it is estimated that 70% of online gambling comes from American shores, the problem is not how will it be stopped, but how will it be spent.
And thats why there is so much crime in the US, the welfare system and public healthcare is the laughing stock of the rest of the world.
When people are desperate they commit crime, and fill your jails up. Keeping prisoners in jail is more expensive than welfare.
Morons argue against welfare. Civilised countries look after their people.
... I lived in the United States... Then I wouldn't have to develop all this self-control and responsibility crap... The government would do it for me by making illegal anything I could possible enjoy, and therefore become addicted to!
Perhaps some congressmen have racked up a super dept by gambling online and are now making it illegal for it to be collected.
Same thing, just with more CCTV which is now being "improved" to send remote control admonishments (they're getting speakers).
/pretends/ to be a democracy, although I don't know to what extend the voting system is rigged (they're not fully on Diebold yet AFAIK).
And, like the US, it only
I'm getting the feeling that nobody ever told Tony Blair & cronies that '1984' was a novel, not an instruction book...
Now no one can say you're do-nothing, just do-nothing-smart. Thanks for wasting the money we all pay you for making these idiotic decisions.
How is this possibly enforceable?
Wait! I know! It's not!
It's only another chapter of the book they can throw at you when you're indicted for tax evasion, being a deadbeat parent or some other Federal-level financial crime.
Also, when will someone get the power of line-item veto so that our ratfucking legislators will stop tacking 'It's ok to remove civil liberties' measures onto bills 'opposed to the wholesale murder of schoolchildren and cute little puppies'?
WTF does port protection have to do with online gambling? No, really, I'd love to hear about it.
Message contains 1 attachment: spam.gif
So it's not so much
"If you are not wish us you are against us"
as it is
"If you are not one of us you are against us"
Charming.
The Big Corporate Casinos would jump at the chance to open their own internet sites, even under heavy government regulation, and fair taxation.
They have the trademark names that people associate with gambling, and they could reap their profits without the heavy outlay in employee costs that are associated with physical Hotel/Casinos.
If you are looking for opposition to online gambling, maybe the tribal casinos would be a better start. They have much more to lose.
Rush Limbaugh is a perfect real world example of an oxycontinmoron
International net gambling companies will either go broke or will become rather small, US government "rethinks" it's decision and allows internet gambling again. In the mean time the US gambling corps will have had enough time to create competing products or prepare hostile takeovers which will go live when the law is cancelled. Well done US!
NetNewsWire into Yojimbo!
As a non-US citizen that really makes me feel happier.
Shit, it's enough to make me _want_ to destroy the US. It presents a far greater threat to my life and liberty than anything else on the planet.
I deposit money in an offshore bank every month. I have gambled online in the past. I fully expect to again in the future. No wonder I'm refusing to go to the US..
Vagas is pissed they weren't getting the money and lobbied congress, telling them all the tax dollars they were missing out on. There's no need for this bill other than to try and capture tax dollars here in the US.
If closed the mind be, so then the mouth should follow.
The only reason this law passed is that Congress does not get a part of the action. Off-shore betting will become legal once Congress (and the state governments) figure out how to collect taxes.
First, I am biased. I've been a poker player for 40 years now. I don't play any other casino games, bet on sports, horse racing, etc. There are 3 casinos with 10 miles of my home. In the last year, I've played poker tournaments and cash games in casinos all over the U.S.
While I'm not ready to quit the day job, I have submitted 1099G forms and paid taxes on my winnings for the last 3 years. Before that, I didn't win enough money to need to file a 1099G. This was a function of not having casino poker in my state until last year and the fact that I was playing in private games. Now technically, those "home games" were and are illegal. My win rate is about 85% in the private games and I do very well at the casinos...about $150 an hour playing $1-2 and $2-5 no limit hold 'em.
I have no issue paying taxes on poker winnings.
I've also been playing on-line poker on Ultimate Bet, PokerStars, and Full Tilt on a daily basis. The advantages are many. I can play 3-5 tables at the same time, listen to music or T.V., get a snack, etc. I also GREATLY improved my game by virtue of being able to play thousands of hands much more quickly and cheaply than driving to a smokey, crowded, loud casino.
Poker is unquestionably a game of skill. Yes, there is an element of luck, but it's very, very small. Playing poker at a high level requires concentration, memory, and very good math skills. There's also the psychological component of reading your opponents and making plays designed to make them make mistakes. At some level, poker is simply making fewer mistakes than your opponent. Even the supposedly random element of shuffling and dealing the cards can be adjusted for. There is something known as "shuffle tracking" which involves recognizing repeatable patterns of card distribution by a human dealer or an automatic shuffler. That's one of the reasons there's a dealer change every 30 minutes...to defeat shuffle tracking.
There are two primary problems with the government prohibiting on-line poker.
First, they're pissing away several billion dollars in tax revenue that will only increase. Real money that could help offset deficits, the cost of the stinkin' war in Iraq, fund social programs, go to education (like lottery dollars in my state) and so on.
Secondly, this legislation puts private industry...banks and credit card companies...in the position of enforcing the law. That's just plain wrong. Their business is money, not enforcing gambling laws.
Now, is gambling bad? I don't know personally...I don't gamble. My standard response when someone says "oh, you're a gambler" is "no, I'm a poker player...and since you don't understand the difference, how about a game?"
Personally, I've never met anyone with a gambling problem, but then I don't know any meth heads or heroin addicts either. I've known a fair number of alcoholics...and there are more of them than any other addiction out there. And yet, liquor stores are still open. You can buy beer and wine at the grocery store. Most restaurants have a bar area. Hmmmm....what exactly is the new online gambling law really supposed to achieve? Prohibition in the last century actually created many more problems than it supposedly solved. I'm betting (pun intended) this new law has a similar effect. When some grandma in Des Moines gets busted for playing nickel poker on PartyPoker, can anyone say, with a straight face, that she's a criminal?
Well, my thoughts on it. If you do play poker on the Internet, you might check out the Poker Player's Alliance. They are actively seeking an exemption for poker in the new law. I've given them money, sent letters to my congressmen, and called their offices. So far, they're climbing a steep hill in Crisco boots, but I support their efforts just the same.
I am my own gestalt.
Even if it's a US resident, if they are overseas, there's NOTHING to prevent them from gambling.
Are they now going to track down travel itineraries before allowing a bet to be placed?
May want to see about getting your hands broken before you type shit about something you obviously are clueless about.
If a US citizen does something overseas, that is legal overseas, then the US can't do a damned thing about it once the citizen is back in the states.
Who is general failure, and why is he reading my hard drive?
Just as the US cannot regulate gambling outside its borders, it cannot regulate financial services outside its borders (or can it???)
So now there are new opportunities to get American money: American gamblers would need a non-US credit card number so they can use it on gambling sites. There's a whole world outside the US and there will be those that are willing to adopt US gamblers that need a midleman that their US financial institution is allowed to transfer funds to...
Most importantly, this absolutely must be strictly voluntary. There should be no compulsory reception of the firearm, nor should anyone be punishied in any way for choosing not to receive one.
Of course there are more possibilities here, like voluntary tactical training and contingencies for optionally reporting to military command in the event of an invasion (as opposed to defending the area around your residence), but you get the idea. On a broader level, what it really boils down to is permitting properly trained citizens to become properly armed soldiers in times of domestic conflict (ie. invasion). This is only one possible means of achieving that; I'm sure there are countless others.
http://washingtonvotes.org/2006-SB-6613
Now the state has extended the law to prosecute those who even write about online poker:
http://seattletimes.nwsource.com/html/localnews
Just last year, online gambling generated around $12 billion. Without United States gamblers, the international online gambling industry is expected to lose around $10 billion a year. With that kind of revenue, it is only a matter of time before a way to get around the law is found and put to use.
https://secure.partyaccount.com/faq/us_legislation .htm
-TheBaron2