maybe another way of looking at it is this
a sportsbook for us customers has to have usd to pay players and hold deposits.
so even if they have the money sitting in a usd account in british virgin islands when they transfer the funds to pay someone through neteller or however the money will be transferred through a us bank - chase new york etc etc
this is where the doj steps in. they simply issue an order to stop the flow of funds through that account- the us bank will freeze the account and not allow transactions to be processed through it.
you then say well what if bos uses joe bloggs inc. as the account name based in panama. well once they target a company and identify the individuals signing the financials its not too hard to track down regardless of the name used.
its up until now they havent shown the motivation to go hunting for this information and stop it.
a sportsbook for us customers has to have usd to pay players and hold deposits.
so even if they have the money sitting in a usd account in british virgin islands when they transfer the funds to pay someone through neteller or however the money will be transferred through a us bank - chase new york etc etc
this is where the doj steps in. they simply issue an order to stop the flow of funds through that account- the us bank will freeze the account and not allow transactions to be processed through it.
you then say well what if bos uses joe bloggs inc. as the account name based in panama. well once they target a company and identify the individuals signing the financials its not too hard to track down regardless of the name used.
its up until now they havent shown the motivation to go hunting for this information and stop it.