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Legal Issues

by Mike Masnick

Fri, Sep 16th 2005 4:47pm





Congress To Keep Rolling The Dice On Anti-Online Gambling Laws

from the came-up-snake-eyes-again! dept

Yes, we get the fact that there are some folks in the US government who really dislike the concept of online gambling and are trying to do anything possible to stop it. It's already illegal, but plenty of Americans still play at online casinos. For a while the government tried to go after sites that advertise legal, offshore online casinos, which seems like a violation of free speech. Lately, though, they've been pushing to make it illegal for banks or credit cards to work with offshore online gambling sites. However, every time lawmakers roll the dice on such a bill, it gets blocked somewhere. Looks like the anti-gambling crowd just doesn't have luck on their side, as the latest attempt has been blocked again. Better luck next time.

3 Comments | Leave a Comment..


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  1.  

    Gambling is a surtax on stupidity

    identicon
    BobWhatAbout, Sep 18th, 2005 @ 2:23pm

    Everyone who gambles knows that the odds are against you. The part they're not thinking through is that the odds are massively against you.
    Now about online gambling sites outside of the United States... let me ask, What regulating body is making sure that these games are being run fairly? The Cayman Islands Fair Gambling Commission? (There's none such.) If any offshore gambling website does not completely open up its source code for review, I would call it highly suspect. And even then, who is to say that the code they are running is the same code they've published?

    And I bet their actual payout ratios don't begin to match US casinos, which are heavily regulated.

    Offshore online gambling is a scary, scary thing.

    [ reply to this | link to this | view in thread ]

  2.  

    Banks have the money.

    identicon
    Andrew Strasser, Sep 18th, 2005 @ 10:09pm

    Did or does anyone really think hat we or our Govt. can do anything to stop banks. Credit card companies are just as bad. More than half of Americans are in some form of debt to some institution. Thus we'll barely ever see the banks and credit card companies lose anything much less when involved with gambling.

    [ reply to this | link to this | view in thread ]

  3.  

    Re: Gambling is a surtax on stupidity

    identicon
    patrick, Jan 20th, 2007 @ 3:47pm

    Probably so - but who checks out the odds out at the Indian gaming casinos? The State, as they now get a cut of the profits. Not really the point. As a tax paying caregiver for an 81 yr old spouse, I don't get out much except for work (full time) and the grocery store, I did enjoy spending a little at online gaming but can't do that even, as I can no longer fund. Final result - have probably read every post at this site and other as well. Thank you Kyle and Frist for saving me $30 this week!!!!!!! p.s . Anonymous Coward, I beat you again - surprised not to find your comments here.

    [ reply to this | link to this | view in thread ]


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