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Rep. Jim Leach has jumped aboard the anti-internet gambling bandwagon, with this thoughtful letter:
http://www.igamingnews.com/articles/...etter-2005.pdf
Among other things, he quotes a warning from the Department of State that "internet gambling operations are vulnerable to be used, not only for money laundering, but also for criminal activities ranging from terrorist financing to tax evasion."
Eek.
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[censored] probably never even thought of making it legal. They could regulate the sites, they could set up a company that would run an online depository (like neteller) where they could not only track the money going in and out (which would prevent money laundering, tax evasion, and terrorist activity) but also make money on the transaction fees.
So they get their billions in tax money and transaction fees plus they get to monitor it all plus we get lots more fishies because it's government approved. Win-win.