[ipgyst]

I like this quote:

"Howard Dickstein, an attorney representing several casino-operating tribes not part of the tribal alliance, was skeptical. An operation such as the one outlined by the initiative would be "an extremely ambitious and complex project," he said."

What a liar. Setting up online poker site is EASY. Heck Dutch Boyd and one or two of his friends managed to do it. Taxing it is easy too if you treat it like capital gains (a paper gain only) until it is cashed out. If I bought $10,000 of Cicso stock in 1990 and now it is worth $1,000,000, I still don't owe a dime of tax until I sell it. You can treat online poker winnings the same way. Just don't allow p2p transfers of money, and then tax it when it is withdrawn. Done. Easy. Here is your 1099.

The only complicated part is getting Howard Dickstein and his ilk to agree on how to split up the $$$ and make sure there aren't any loopholes keeping Howard Dickstein and his ilk from getting their $$$. Obfuscating douchebag.

[Rob1466]

And I thought the United Kingdom was one of the highest taxed nations in the world. You can't get away with much here either.

[Hopin2Steal]

Originally Posted by Rob1466

I guess this is probably old hat, but who was behind trying to stop Americans playing online gaming sites...?? It's kinda makes you guys look irresponsible where the are irresponsible people in all nations.
Why was this decision made? Was it because too much US dollars going abroad?
I mean we all know if people want to gamble they will regardless.
Here in England there are thousands of sports books, and if you lose all your money it's your fault.
I just curious to why that rule came about.
Rob

Obviously, because it's IMMORAL. Duh.

[ygotrader]

meh, i dont now what to think.