WTO ruling on Net betting downplayed

jaypaw · Apr 2, 2004

WTO ruling on Net betting downplayed
msnbc.msn.com
A World Trade Organization decision last week upholding a challenge to U.S. Internet gambling laws made waves around the world, but most experts say it will have little — if any — any impact on U.S. efforts to clamp down on online betting.
http://msnbc.msn.com/id/4647236/

Dante · Apr 2, 2004

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>“The impact that we’re hoping for is for legislators to at least take notice of this and look at some type of regulation rather than just discuss prohibition, which will never work,” said Keith Furlong, a spokesman for group <HR></BLOCKQUOTE>

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>"This is a blip on the road toward Internet betting," he said, predicting that the United States will eventually abandon attempts at prohibition <HR></BLOCKQUOTE>

jaypaw · Apr 2, 2004

So what do you think - lets think outside of the box for a moment...

if the US eventually does abandon attempts at prohibition and allows sites to open up on shore - will this put the websites off shore out of business?

Will the nevada casinos buy them up for the client base then combine it with their own clients?

any thoughts on how that will work?

My thought is that long term it wouldnt be a good thing for offshore books at all.

Stardustsportsbook.com would be huge... Unless the offshore books somehow made their odds better?

I suppose taxes would be the issue that would determine the consumer price of betting at onshore books as compared to those offshore.

TheGeneral+ · Apr 5, 2004

Jaypaw,

I think Taxes would be the determining factor as well. Some would choose to pay, most would not, so we would not lose the quality of offshore betting.

WTO ruling on Net betting downplayed

Search

jaypaw

Member

Dante

Active member

jaypaw

Member

TheGeneral+

Another Day, Another Dollar

Forum statistics

Share this page