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Net Gambler Sues Credit Card Company

DR writes "A man is suing American Express and Discover because they helped him lose $25K in on-line casinos." Ok, I gotta ask, who would bet $25k in online gambling? Over COMDEX I was freaked out when I was down eleven bucks!

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  1. Gambling Debts are Unenforceable by Detritus · · Score: 5
    As a matter of public policy and law, gambling debts are unenforceable in many states. This can be traced back to the Statute of Anne (1710) in England. A legal discussion of the situation in California can be found here.

    I don't have any sympathy for credit card companies that issue merchant accounts to a on-line casino. It is blindingly obvious that it will be used for lending money to gamblers.

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    Mea navis aericumbens anguillis abundat