U.S. Gambling

[markus]

How long do you think before they find a way to collect taxes for online earnings and bring back online gambling in the U.S.?

[Earl Grey]

Had to be `when pigs fly`
silly americans 

[IrishAffiliate]

Well I voted for flying pigs but I ddon't really think people won't find a way aruond the ban somehow - seen it done offline in Italy.

[markus]

I figure they'll come up with a loophole to get around the credit card issue, like calling an 800 number to replenish an account.

[kopking]

Once it has all settled down and they have found a way to make sure the right people in the US make their money then it will come back I reckon

[markus]

I was thinking about this the other day and can't help wonder if the operators in Vegas/Atlantic city
have felt the pinch since online casinos proliferated and maybe those guys called in some favors to
get profits back to where they once were...

[marketindr]

One thing you must consider about Vegas is that gambling is not it's only attraction.
Although most go to gamble, they also enjoy the nightlife and enviornment, something that is not matched by an online casino.
As for the taxation issue, I assume many loopholes would come about if it became taxed.

[dink]

Markus has a good point, just not carried far enough.....organized crime was not getting their cut. 

Call in a few favors, leave a few horse heads on pillows, voila.  No more gamgling on the net.

[kopking]

The strange thing is  - it does not cover all gambling online - quote here from the bbc website:

It's now becomes illegal for US banks and credit card companies to make payment to foreign online gambling sites.

Fact is it is still legal and probably encouraged for gambling to happen with US companies - so it is just protectionism  - hence why some european gambling companies sold their US based operations - they are still going to operate just not by a european company.

I also got an email from a US based affiliate network a couple of weeks ago advising me to all intents and purposes it was business as usual.

[dink]

It's now becomes illegal for US banks and credit card companies to make payment to foreign online gambling sites.

Aha.  I didn't read the foreign part.  Thanks

[marketindr]

It's now becomes illegal for US banks and credit card companies to make payment to foreign online gambling sites.

I too overlooked that.

[Veronica]

I think it will return in a year or less or after the president selection. Because I know there is a lot gamblers who sign up any petitions to legalize online gambling in US. They agree to pay any tax from their wins and offer to get tax from online casino earnings. I think it takes a year or less, because I know several affiliate programs again opened their doors for US players, they only found a payment method that to pay US players and affilaites.

[SEOidiot]

Depends on who gets in - if its the democrats then most of their votes come from the two coasts where the anti gambling lobby will be less strong

or is this just an uninformed brit shoving his foot in it again?

[dink]

It's all speculation for now.

American politics is all about who has the money to grease the skids.  Doesn't matter which party is 'in' at the time.

If the online gambling folks can pony up the cash, then it will happen.  If the anti group has the most to 'contribute', then it won't happen.

<cynical view>
Our greedy government wants to be sure to get their cut.  Taxes are the only way they have to give themselves raises.
</cynical view>

Dink

[KHAAAAN!]

Depends on who gets in - if its the democrats then most of their votes come from the two coasts where the anti gambling lobby will be less strong

or is this just an uninformed brit shoving his foot in it again?

The gaming lobby is pretty strong now virtually nationwide because of legalized casino gambling in many states and almost all indian reservations. But, the a prominent congressman announced today that he plans to introduce a bill repealing the ban

Rep. Barney Frank

"I think a reconsideration among my colleagues is beginning," he said. "It's not far enough along yet, so I wouldn't move the bill; but I plan to introduce the bill, and if (the) storm of public unhappiness is great enough, I will try to substantially revise that ban."

Blah, blah, talk a lot and do nothing.