Bear with me, as I'm mostly just talking out loud, but would like to get others' opinions on this.
I read an article recently (for the life of me I can't find it) that postulated that prior to Atlantic City (if I recall correctly) hosting legal gambling operations, a sweep of illegal bookmakers and other such rings were conducted. The purpose of this, hypothesised by the article I can't find, was to give the current casino/bookmaker's a criminal record, thereby taking them out of the game when the industry went legal.
Now, suppose that the DOJ realises that, ultimately, they will have to legalise internet gambling. (WTO ruling, impossibility of enforcement, etc.) And suppose that they realise the tax gains ahead. And suppose that taxing companies outside US jurisdiction is difficult and/or impossible (someone with a better knowledge of tax laws can help me out here.)
It stands to reason, if my rambling above is true, that the US would need to incentivise the industry to relocate and/or set up new shops in the US, thereby allowing the US to create its own regulatory/taxation rules. Could they be making arrests in order to keep the current players out of the game, set new precedent regarding current operations, and force companies to open up shop in the US down the road?
I read an article recently (for the life of me I can't find it) that postulated that prior to Atlantic City (if I recall correctly) hosting legal gambling operations, a sweep of illegal bookmakers and other such rings were conducted. The purpose of this, hypothesised by the article I can't find, was to give the current casino/bookmaker's a criminal record, thereby taking them out of the game when the industry went legal.
Now, suppose that the DOJ realises that, ultimately, they will have to legalise internet gambling. (WTO ruling, impossibility of enforcement, etc.) And suppose that they realise the tax gains ahead. And suppose that taxing companies outside US jurisdiction is difficult and/or impossible (someone with a better knowledge of tax laws can help me out here.)
It stands to reason, if my rambling above is true, that the US would need to incentivise the industry to relocate and/or set up new shops in the US, thereby allowing the US to create its own regulatory/taxation rules. Could they be making arrests in order to keep the current players out of the game, set new precedent regarding current operations, and force companies to open up shop in the US down the road?
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