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#32
11-20-2005, 09:17 PM
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Re: 60 Minutes features on online gambling tonight 7PM EST...
I'm pretty sure when they showed the part with the Hong Kong banner and the Chinese lettering, that the site was Bet365...and the blackjack shot was a site with Boss Media software...
Now that I think about it, the blackjack was more than likely Playtech... I also think this segment brings up an interesting topic for debate...namely why someone would be paying taxes on an activity that our country deems illegal? Wouldn't paying taxes essentially incriminate those that are playing? BTW, I pay taxes on my winnings...always have. Im like you Homer...its sorta eerie that I know this.... [img]/images/graemlins/shocked.gif[/img] 
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#33
11-20-2005, 09:20 PM
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Re: 60 Minutes features on online gambling tonight 7PM EST...
[ QUOTE ]
I love that woman's counter argument... "because it's bad for you." Brilliant. Seriously, I don't know if I am more pissed off about the moron Senator who was for the illegality of online gambling or the BS government regulations they proposed of it is legalized. I think it is better that it is illegal personally. [/ QUOTE ] The lady was playing devil's advocate, and allowing the other guy an easy rebuttal. Easy rebuttal acrually helping the legalization arguement. If the government leagalized it they would make so much money. Not only would 11 billion dollars remain in the the US economy helping create jobs and increase annual income, but it would also increase government taxes. They would be easier to track, plus the government would be able to make gambling taxes disproportionantly high on the sites.
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#34
11-20-2005, 09:21 PM
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Re: 60 Minutes features on online gambling tonight 7PM EST...
For reference regarding the legality of internet gaming and The Federal Wire Wager Act:
http://www.gambling-law-us.com/Feder...s/wire-act.htm ___1___
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#35
11-20-2005, 09:23 PM
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Re: 60 Minutes features on online gambling tonight 7PM EST...
[ QUOTE ]
For reference regarding the legality of internet gaming and The Federal Wire Wager Act: http://www.gambling-law-us.com/Feder...s/wire-act.htm ___1___ [/ QUOTE ] This is a great resource.
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#36
11-20-2005, 09:24 PM
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Re: 60 Minutes features on online gambling tonight 7PM EST...
[ QUOTE ]
[ QUOTE ] I love that woman's counter argument... "because it's bad for you." Brilliant. Seriously, I don't know if I am more pissed off about the moron Senator who was for the illegality of online gambling or the BS government regulations they proposed of it is legalized. I think it is better that it is illegal personally. [/ QUOTE ] The lady was playing devil's advocate, and allowing the other guy an easy rebuttal. Easy rebuttal acrually helping the legalization arguement. If the government leagalized it they would make so much money. Not only would 11 billion dollars remain in the the US economy helping create jobs and increase annual income, but it would also increase government taxes. They would be easier to track, plus the government would be able to make gambling taxes disproportionantly high on the sites. [/ QUOTE ] Are you saying that this is a good thing?
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#38
11-20-2005, 09:32 PM
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Re: 60 Minutes features on online gambling tonight 7PM EST...
This was great! Newbies learned that:
-Party is the #1 most popular site. Guess that's probably a good place to go then! -Whenever I see a '.net' ad, they really mean I should go to .com for real gambling! -If I'm an underage minor, Golden Palace is an excellent place to get to play! -12 Million Americans are playing, and they haven't complained - maybe this 'internet gambling' isn't so shady after all!
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#40
11-20-2005, 09:35 PM
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Re: 60 Minutes features on online gambling tonight 7PM EST...
It was good report. I have always thought 60min does some of the best reporting out there. That congressman they interviewed is a nut. He has this pro-U.S. idealogy. "If we think its wrong, we wont allow our citizens to do it." Now that wasn't the exact word for word, but that was the meaning behind it.
I doubt he could pass a bill to allow all banks to not allow EFT's from international (all) gambling sites. That is govt somewhat trying to strip your rights by saying only certain EFT's are allowed to your bank account. I did like how they pointed out the UK has all this legal under the law, and they generate their own taxes from these companies and they are traded publicly on the stock exchange. I mostly saw Party and Paradise. Never saw Stars or UB. Saw plenty of other sites for the non poker games.
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