I am actually beginning to believe that we have such religious conservatives in office, that they actually either moralisticly want to ban online gambling or they really believe if you click you lose your house.
If the government simply wanted to tax online gambling and block kids it would be so so simple. It could be done in a couple of months.
All they would need to do is create an online gambling review board like Nevada has for normal casinos. This board could invite casinos here like the MGM, etc to open up shop and could invite offshore casinos to apply for a license to book American bets (Most would jump at this opportunity as business would go way up with 100% legality.) This review board could mandate that these books keep cash on hand (In the US) to cover all bets taken - just as in Vegas (In vegas you must have cash in the vault to cover every chip on the floor). Then you tax it - Maybe .005% of bets made or of bets paid or something.
Once books are licensed here, they have to make sure people are 18. This is easily done by requiring a ssn and license number... There is a big database that creditors use.
Then the government makes it illegal to wager at places that are not licensed.
This is not that hard. I dont need an 18 month review to figure this out, but then again I didn't have to ask the honorable gentleman from Minnesota if I could have 2 minutes to speak and then thank him for my two minutes.
-Sean
If the government simply wanted to tax online gambling and block kids it would be so so simple. It could be done in a couple of months.
All they would need to do is create an online gambling review board like Nevada has for normal casinos. This board could invite casinos here like the MGM, etc to open up shop and could invite offshore casinos to apply for a license to book American bets (Most would jump at this opportunity as business would go way up with 100% legality.) This review board could mandate that these books keep cash on hand (In the US) to cover all bets taken - just as in Vegas (In vegas you must have cash in the vault to cover every chip on the floor). Then you tax it - Maybe .005% of bets made or of bets paid or something.
Once books are licensed here, they have to make sure people are 18. This is easily done by requiring a ssn and license number... There is a big database that creditors use.
Then the government makes it illegal to wager at places that are not licensed.
This is not that hard. I dont need an 18 month review to figure this out, but then again I didn't have to ask the honorable gentleman from Minnesota if I could have 2 minutes to speak and then thank him for my two minutes.
-Sean
