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Debunker
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Posted - 2006.10.02 18:05:00 -
[1]
Even though I'm from the UK I find this extremely surprising... US web-based gambling is going to be banned, awaiting written approval from George Bush.
Cnn Link
So gambling companies like partypoker and 888 are now going to be in serious trouble... which begs the question - WHY?
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Brisi
Sniggerdly
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Posted - 2006.10.02 18:15:00 -
[2]
Yeah, I saw that the Partypoker stocks had fallen about 65% when the stock market opened monday morning.
But I can't tell you why tbh.
I am Brisi, I am as One. Resistance is fertile.
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Rodj Blake
Amarr
PIE Inc.
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Posted - 2006.10.02 18:29:00 -
[3]
I believe that gambling is illegal in the US unless specifically allowed by an individual state.
This is why Las Vegas, Atlantic City and assorted Native American reservations are gambling magnets.
So to a certain extent, this new legislation is consistent with what has gone before.
What's odd about it is that it's tacked onto a bill about port security.
Dulce et decorum est, pro imperator mori |
Serenity Winterfyre
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Posted - 2006.10.02 18:36:00 -
[4]
 Originally by: Debunker
which begs the question - WHY?
null
The reason to "Why?" in my honest opinion is because Las Vegas and Atlantic City casinos have successfully lobbied the government because they are losing alot of money to these websites. And we all know how much the bush cabinet loves to be lobbied.... the abramhoff scandal brings me to mind... he had 400 or more contacts to the white house according to CNN.
However, I will cease talking now because I feel a bush rant comming on.
{o,o}
|)__)
-"-"-
O RLY?
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ToxicFire
Warlords Corp
The Core Collective
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Posted - 2006.10.02 19:15:00 -
[5]
Aye tis shocking the share value drops theres alot of pension groups that have invested in the big three of online gambling and betting agencies fall of 58%-35% is gonna bite.
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Kazim
The Collective
Against ALL Authorities
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Posted - 2006.10.02 20:04:00 -
[6]
Originally by: ToxicFire
Aye tis shocking the share value drops theres alot of pension groups that have invested in the big three of online gambling and betting agencies fall of 58%-35% is gonna bite.
just
Ouch, that's just bad man.
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digital0verdose
Caldari
Megathorn Minning And Industry
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Posted - 2006.10.02 20:22:00 -
[7]
Originally by: Rodj Blake
I believe that gambling is illegal in the US unless specifically allowed by an individual state.
This is why Las Vegas, Atlantic City and assorted Native American reservations are gambling magnets.
So to a certain extent, this new legislation is consistent with what has gone before.
What's odd about it is that it's tacked onto a bill about port security.
You aren't from the states are you? Not a jab, just curious.
Gambling is a state issue and rarely a government issue. Many states allow gambling of sorts like states that host horse tracks and whatnot. Also, some states have laws where gambling cannot take place so many feet or miles from other buildings, houses, schools, etc so casinos get around this with river boats or ferries equiped with gambling games.
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http://digitalsdomain.spaces.live.com/ |
Anatolius
Amarr
PIE Inc.
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Posted - 2006.10.02 21:02:00 -
[8]
Originally by: Rodj Blake
What's odd about it is that it's tacked onto a bill about port security.
About as odd as us screaming, whining and fighting a war over a measly tax on tea, and then coming up with the Internal Revenue Service. 
Our legislative branch is known for pulling stuff like this - makes voting against certain stupid pieces of legislation impossible. Wanna outlaw online gambling? Stick it onto a port security bill. Can't vote against it, or why, you're supportin' them thar ter'rists, and there go your chances for reelection. 
"If God be for us, whom can be against us?" |
Detavi Kade
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Posted - 2006.10.02 21:07:00 -
[9]
Originally by: Rodj Blake
What's odd about it is that it's tacked onto a bill about port security.
Odd to the common logical thinking person. Perfectly normal to lawmakers. Sad. 
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jbob2000
Gallente
The Taining corp
Knights Of the Southerncross
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Posted - 2006.10.02 21:46:00 -
[10]
Less gambling addicts is probably a good thing.
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Serenity Winterfyre
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Posted - 2006.10.02 21:56:00 -
[11]
Originally by: Detavi Kade
Originally by: Rodj Blake
What's odd about it is that it's tacked onto a bill about port security.
Odd to the common logical thinking person. Perfectly normal to lawmakers. Sad.
Thats why in November i'm voting out every single standing Congress member.
Why? Because they are all greedy and corrupt. I won't even get into the white house, but these guys have no balls to stand up for whats right for the American people.
{o,o}
|)__)
-"-"-
O RLY?
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Scorpyn
Caldari
Infinitus Odium
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Posted - 2006.10.02 22:06:00 -
[12]
Originally by: jbob2000
Less gambling addicts is probably a good thing.
If they want to do it properly they should disallow all gambling, not just online gambling. But they aren't interested in doing it properly - they don't care about gambling addicts.
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Major Stormer
Caldari
Demon Womb
Xelas Alliance
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Posted - 2006.10.02 23:21:00 -
[13]
Quote:
Online Gambling banned in the US?
Pwned beyound all belief.
Ive known several people who have ruined their lives with gambling, one ended up killing himself. Anything that puts a stop to it i agree with.
No offense to those that enjoy it, but becuase of my own experances i would love if there was none at all.
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Above post is my opinion only and does not represent my corp/alliance. |
vanBuskirk
Caldari
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Posted - 2006.10.03 13:50:00 -
[14]
States in the US have a perfect right to allow or disallow gambling as they see fit. But online gambling makes it impossible for the "banning" states to actually ban gambling, and in fact makes it more likely that people will become gambling addicted (easier, less checks, and the companies care less about PR, and many of them are based in other countries so the US can't regulate them anyway).
If you have lost money on shares in these bloodsuckers, tough.
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"Violence is the last refuge of the incompetent."
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vanBuskirk
Caldari
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Posted - 2006.10.03 13:51:00 -
[15]
Edited by: vanBuskirk on 03/10/2006 13:51:25
Oops - double post because of bugged forums. 
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"Violence is the last refuge of the incompetent."
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Silane Daktor
Gelidity
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Posted - 2006.10.03 15:03:00 -
[16]
Edited by: Silane Daktor on 03/10/2006 15:03:28
Erm, edited out political post, forgot it wasn't good to rant about politics. 
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GlimmerMan
Amarr
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Posted - 2006.10.03 15:55:00 -
[17]
It's just another example of America choosing when it wants Capitalism and Free Market World economy to exist.
This new bill basically makes it legal to gamble online in the USA as long as it is with a company based in the USA, it is in essense a protectionist bill to limit dollars going to foriegn companies.
It'd be like Europe blocking imports of all American-built cars for no valid reason, but EU citizens still able to to buy cars, as long as they're made in the EU.
Do you think the USA would think that was fair if we did that, hell no, you'd never hear the end of it.
Once again America is the pot calling the kettle black.
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Laythun
Undercover Brothers
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Posted - 2006.10.03 15:59:00 -
[18]
Originally by: jbob2000
Less gambling addicts is probably a good thing.
We do fine over the pond without such laws
Proud Member of the Anti Whine 14 |
Fraszoid
Caldari
Intergalactic Mining
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Posted - 2006.10.03 16:33:00 -
[19]
Originally by: Scorpyn
Originally by: jbob2000
Less gambling addicts is probably a good thing.
If they want to do it properly they should disallow all gambling, not just online gambling. But they aren't interested in doing it properly - they don't care about gambling addicts.
Its harder to regulate online gambling, plus if they are based off shore you can't collect taxes from them. When you win in Vegas you get taxed on the income, so the government is happy. It makes sense that online gambling be banned because you can curb the obsessed gamblers ability to feed their addiction, and make it a bit harder to launder money as easily. You can't drop $10,000 in a casio as easily as in online gambling, and if you can be banned from a casino if you make trouble. There is also regulation issues on the internet, in that they have no way to audit the system the website uses to make sure that it is fair and not stacked (more than normal) against the players, or that they have players there that win a lot to create the illusion that you have a chance to win.
Thats my thought
Everyone is born right handed, only the great over come it.
Check out my players guide at:
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Michuh
Vortex.
Maelstrom Alliance
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Posted - 2006.10.03 17:34:00 -
[20]
Man im basking in that freedom.. can you feel the free radicals shining down on you my brothers and sisters?
In all seriousness, Ive family members with gambling addictions.. Still.. I would rather have the choice than not.
Maelstrom Recruitment
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digital0verdose
Caldari
Megathorn Minning And Industry
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Posted - 2006.10.03 17:39:00 -
[21]
Originally by: Fraszoid
Originally by: Scorpyn
Originally by: jbob2000
Less gambling addicts is probably a good thing.
If they want to do it properly they should disallow all gambling, not just online gambling. But they aren't interested in doing it properly - they don't care about gambling addicts.
Its harder to regulate online gambling, plus if they are based off shore you can't collect taxes from them. When you win in Vegas you get taxed on the income, so the government is happy. It makes sense that online gambling be banned because you can curb the obsessed gamblers ability to feed their addiction, and make it a bit harder to launder money as easily. You can't drop $10,000 in a casio as easily as in online gambling, and if you can be banned from a casino if you make trouble. There is also regulation issues on the internet, in that they have no way to audit the system the website uses to make sure that it is fair and not stacked (more than normal) against the players, or that they have players there that win a lot to create the illusion that you have a chance to win.
Thats my thought
This logic is slightly flawed. Unless you win a certain ammount (sevral thousand dollars) you can get away with out paying taxes on Casino winnings by just not reporting them. The same goes with online gambling.
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http://digitalsdomain.spaces.live.com/ |
Tarquin Tarquinius
Gallente
Etruscan Kings
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Posted - 2006.10.03 17:41:00 -
[22]
Edited by: Tarquin Tarquinius on 03/10/2006 17:42:56
This is complete BS. We should have the full right to gamble with our money and it is not the place of the federal government to say otherwise.
I do feel pity for gambling addicts, but they CHOOSE to gamble. No one forced them.
This is just another blow to freedom in America.
On the subject of Native American Casinos: Reservations are considered soverign entitys and the government has no control over them. State or Federal. That's why Indian Reservations often sell tobacco, without the 300% markup from taxes, it's much cheaper.
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insert sig here
0.0 System Renaming?
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digital0verdose
Caldari
Megathorn Minning And Industry
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Posted - 2006.10.03 17:53:00 -
[23]
Originally by: Tarquin Tarquinius
Edited by: Tarquin Tarquinius on 03/10/2006 17:42:56
This is complete BS. We should have the full right to gamble with our money and it is not the place of the federal government to say otherwise.
I do feel pity for gambling addicts, but they CHOOSE to gamble. No one forced them.
This is just another blow to freedom in America.
On the subject of Native American Casinos: Reservations are considered soverign entitys and the government has no control over them. State or Federal. That's why Indian Reservations often sell tobacco, without the 300% markup from taxes, it's much cheaper.
The big reason for this is because of the potential money the Gov't is missing out on. This has very little to do with moral decay.
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http://digitalsdomain.spaces.live.com/ |
Antiochus Laetus
Technology Acquisition Collective
Interstellar Alcohol Conglomerate
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Posted - 2006.10.03 18:01:00 -
[24]
Edited by: Antiochus Laetus on 03/10/2006 18:05:04
Edited by: Antiochus Laetus on 03/10/2006 18:04:14
Originally by: Anatolius
Our legislative branch is known for pulling stuff like this - makes voting against certain stupid pieces of legislation impossible. Wanna outlaw online gambling? Stick it onto a port security bill. Can't vote against it, or why, you're supportin' them thar ter'rists, and there go your chances for reelection.
Exactly, and honestly i hate that. Our politics do that sorta stuff all the time. Seriously take a look at the 'attack ads' their running right now. I've already seen and ad saying that some guy (I dont watch attack ads, I turn the channel, 95% of the time their useless) didnt vote to raise soldiers pay, effectively supporting terrorism in the US.
Its pitiful that politics constantly play on general publics fear, to get the a possible 10% bonus in votes. I've only seen 2 normal ads since they started running (them). Another makes no sense either, ad says this guy fought in WWII, perfectly fine, but thats all it says, and his grandson asks did you fight cause you love me, answer is yes. Thats the entire ad.
On topic: Some states wont allow that kinda gambling, however they do allow horse racing. I believe Kentucky is one of those states. Gambling like casinoes is illegal, so people have to travel to Indiana to the river boats. Thats one reason why Churchill Downs hasnt been able to add slot machines for the past 7-10yrs. I know if they could, they would.
I really need a signature. |
Xyliana
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Posted - 2006.10.03 18:09:00 -
[25]
I am visiting my parents at the moment and found my Dad playing online poker.. then found out he is indeed a 57 year old smack talker, man the things he types in there, whining at other players for taking too much time. I am so ashamed
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http://www.eve-radio.com
Ingame channel: EVETV |
Malthros Zenobia
Caldari Independent Navy Reserve
Kimotoro Directive
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Posted - 2006.10.03 20:43:00 -
[26]
Originally by: Debunker
So gambling companies like partypoker and 888 are now going to be in serious trouble... which begs the question - WHY?
Because not all States want legalized gambling, and the online sites are allowing people to both get around the law, as well as not face normal taxes on their winnings.
Originally by: kieron
The Carrier was never intended to be a solo OMGWTF mission-farming PWNmobile.
Originally by: Oveur
last 30 days had 2358 accounts banned.
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Kirex
Gallente
Vale Heavy Industries
SMASH Alliance
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Posted - 2006.10.04 00:40:00 -
[27]
Explaination
Click above for my killboard stats. |
Goddance
Wyrakami Corporation
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Posted - 2006.10.04 07:06:00 -
[28]
Edited by: Goddance on 04/10/2006 07:07:44
Its because of da childrens....
Problem is they are looking at MORGs now, because it may have some sort of gambling, even tho its only pretend money. Ever play BIG GAMES Eve lottery?
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Ozawi
Minmatar
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Posted - 2006.10.04 13:44:00 -
[29]
Originally by: Kirex
Explaination
Hah, instant classic, that.
Gotta love Stewart.
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This sig is mine. There are others like it, but this one is mine alone. Mods keep out, or I will drop trou and sprinkle some tinkle in your Cheerios!
-I don't eat Cheerios. -ReverendM |
Kurren
Farscape Mining
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Posted - 2006.10.04 19:05:00 -
[30]
Edited by: Kurren on 04/10/2006 19:09:04
Originally by: Anatolius
Originally by: Rodj Blake
What's odd about it is that it's tacked onto a bill about port security.
About as odd as us screaming, whining and fighting a war over a measly tax on tea, and then coming up with the Internal Revenue Service.
Our legislative branch is known for pulling stuff like this - makes voting against certain stupid pieces of legislation impossible. Wanna outlaw online gambling? Stick it onto a port security bill. Can't vote against it, or why, you're supportin' them thar ter'rists, and there go your chances for reelection.
1) Read a History book.
2) Know the Constitution.
3) You did however get the "why it was tacked on" correct.
If you'd like me to explain 1 and 2, I'll be more than happy to.
As for the "government should ban all gambling" statements... the U.S. Government does not have the right to do so as vested by the Unisted States Constitution and the Bill of Rights. In it, it protects the rights of businesses and individuals. It is not the federal government's job to protect against gambling addictions. It's the states. Go to Las Vegas, you'll even find fliers for gambling addiction groups just flung on the ground with the prostitution fliers. It is a state mandated program not a federal. Just like the right to govern gambling in the first place.
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My Sig Is Not Too Big...
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