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The end of online gambling is near

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Posted: #151

Quote Originally Posted by 14daroad:



Um, this is a Democratic Administration that took this action.

You are an Obama voter. You simply can't bring yourself to criticize him.

 

sorry pal you better learn how govt works. This has nothing to do with Obama right now. All this crap was started under Bush and once it became law, it didnt matter who was in office, the law had to be carried out. Only way it could be stopped,is to repeal the law, so learn how the fuck govt works before running your dumb punk ass mouth. The republicans and bush started this crap, so blame the real fuckers who did this to all of us.

Like i said only way to stop this shit is for the democrats to repeal this bogus bill that shopuld have never been passed,but the dems dont have enough votes to do it. In fact if you ever followed any of this stuff, you would have known barney frank and another democrat tried repealing this fuckin bill when Obama first got in office, but they couldnt do it.

Religous fuckin republicans did this shit and now its just being played out.

Obama admin is just carrying out the laws that were created by those republican fuckers and cant just not carry out the laws because they dont agree with them.

 
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Posted: #152
Alright. Everyone go and fuck yourself. This thread was about the potential end of online gambling, not whose fault it is.

Bottom line both the dems and repubs are both fucked in the head and in the ass.

All you political fucks can keep wasting your time repping whichever fucking side you want, keep pointing the finger. At the end of the day you are wasting your fucking energy. So fuck off.

Democrats go fuck yourselves.

Republicans go fuck yourselves.

Obama go fuck yourself.

I'm drunk and now I'm going to sack out and watch some hoops. So fuck off!
 
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Posted: #153
Listen, I don't give a good goddamn fuck who is fault for what. All I want is my four thousand dollars from my sports betting accounts. I don't trust any online gambling company for anything right now. I just want my money safe and sound and then fuck off.

 
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Posted: #154
Quote Originally Posted by Renton2010:


I agree, but this isn't really a partisan issue, both parties are at fault for passing the bill.

You cant even be a little serious with this post. Man just once i would love to see a republican say the republicans fucked us up.

This shit was added to the bill in the middle of the night and there was no way the democrats could have not voted yes for the bill because of all the security stuff that was all part of the port security bill. The republicans knew that they could have put anything in the bill and it would have been pased by the democrats.

So for once lay the blame on who did this crap to all of us. The republicans.

The Obama admin has nothing to do with this shit and the justice dept is only carrying out the laws that are on the books now with this crap.  Some of the things they are going after now had dates when they would start being enforced.  The justice dept cant just ignore laws that are being broken because they dont agree with them. Until congress changes this shit, no matter what President is in office, their justice dept is going to enforce laws that are to be enforced.

Thank you bush, kyl and goodlatte, hope all 3 rot in hell

 
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Posted: #155
Hey, guess what..........




Fuck off!
 
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Posted: #156
Quote Originally Posted by cd329:

You cant even be a little serious with this post. Man just once i would love to see a republican say the republicans fucked us up.

This shit was added to the bill in the middle of the night and there was no way the democrats could have not voted yes for the bill because of all the security stuff that was all part of the port security bill. The republicans knew that they could have put anything in the bill and it would have been pased by the democrats.

So for once lay the blame on who did this crap to all of us. The republicans.

The Obama admin has nothing to do with this shit and the justice dept is only carrying out the laws that are on the books now with this crap.  Some of the things they are going after now had dates when they would start being enforced.  The justice dept cant just ignore laws that are being broken because they dont agree with them. Until congress changes this shit, no matter what President is in office, their justice dept is going to enforce laws that are to be enforced.

Thank you bush, kyl and goodlatte, hope all 3 rot in hell

cd, who gives a fuck. Seriously. Fuck it.
 
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Posted: #157
Quote Originally Posted by Dsn150:

IMO- the people who fucked you are at ESPN, etc.....


Putting the shit on every night, with advertising from all of the sites- it's no surprise the the govt finally caught up and found a way to get their paws on it-

Outlaw it first, then reintroduce it with tax implications- kind of like alcohol and prohibition.....


I agree, I think Party Poker fucked us.  All this shit started when they were flooding the TV with commercials.  When I saw that years ago I knew it was coming.   And it was only a matter of time before they got to stars and tilt. 
 
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Posted: #158

people should be betting with locals and playing poker over someones house for the amount that you want to play for.(ie if you want to play for 500 buy in find that crew, if you want 50 buy in find that crew etc) smoke cigars. have fun. like my grandfather did.

i think the old way is better.

 
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Posted: #159
Quote Originally Posted by I_Need_A_Detox:

people should be betting with locals and playing poker over someones house for the amount that you want to play for.(ie if you want to play for 500 buy in find that crew, if you want 50 buy in find that crew etc) smoke cigars. have fun. like my grandfather did.

i think the old way is better.

 
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Posted: #160
Quote Originally Posted by Dsn150:

- The US DOJ has no jurisdiction over Canadians.... only affects American bettors - North America includes both- probably sportsinteraction.com's angle...


- It's a blessing in disguise because it will save a hell of a lot of people a hell of a lot of money that they would have lost had they been able to play... Of course, it will also cost the guys that were taking it from the poor saps every night as well-


 Agree Ds.

 
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Posted: #161
Thing is, even the Churches have Bingo and raffles and Reno Nights!

And there is Horse Racing, Dog Racing and Casinos in many states.

This is not about morality, although that original Bill may have been. Now it is about taxing the money.
 
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Posted: #162
Quote Originally Posted by Barnstorm:

Thing is, even the Churches have Bingo and raffles and Reno Nights!

And there is Horse Racing, Dog Racing and Casinos in many states.

This is not about morality, although that original Bill may have been. Now it is about taxing the money.

Wrong.

Tax laws are already in place to allow taxation of gambling winnings.
 
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Posted: #163
this really is sad
 
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Posted: #164
I am kind of glad this is happening.  I used to win a ton of money on Pokerstars, and the past 2 years or so it has been nothing but bad beats.  Have lost 1000's in past couple years, but have dominated live poker games that I play.  So the riggedness f'ed me outta so much money.  For all the lucky kids out there that won money on these poker sites....it's time to either start playing legally in vegas or get a real job.
 
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Posted: #165
Quote Originally Posted by Renton2010:


Wrong.

Tax laws are already in place to allow taxation of gambling winnings.

You are right that Tax laws are certainly in place to tax winnings, but most players do not declare it as the sportsbooks and poker sites do not report it to the IRS. 

So my point was that gov't may be interested in getting to a point where legalized sites will fully report the winnings to the IRS so players will be encouraged to fully declare their winnings.

Fair enough. I've always declared my winnings, small as they have been.
 
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Posted: #166
But if there is juice AND taxes, it will be hard to turn a profit.

In countries where it is legal AND taxed, is the juice still 10%?
 
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Posted: #167
Quote Originally Posted by Barnstorm:


You are right that Tax laws are certainly in place to tax winnings, but most players do not declare it as the sportsbooks and poker sites do not report it to the IRS. 

So my point was that gov't may be interested in getting to a point where legalized sites will fully report the winnings to the IRS so players will be encouraged to fully declare their winnings.

Fair enough. I've always declared my winnings, small as they have been.

It shouldn't be up to sportsbooks and poker sites to report winnings to the IRS.

Gamblers should have been acting lawfully by reporting winnings. 

The gambling community bears the brunt of the blame here.

These three poker sites threw up the middle finger to the US Government. 

It was only a matter of time before the Government acted.
 
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Posted: #168
Quote Originally Posted by Barnstorm:

But if there is juice AND taxes, it will be hard to turn a profit.

In countries where it is legal AND taxed, is the juice still 10%?

Legal in Canada.

Lottery and gambling winnings are not taxable.
 
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Posted: #169
Quote Originally Posted by bigstorm:


 the charges that were brought up under todays indictment stem from some rather hefty charges. It is presumed that the site owners were running a scheme to set up bank accounts and transfer illegal gambling funds. US checking accounts are use for illegel gambling transfers.

 US Attorney, Internet Poker companies indictment, press release

 

IF YOU ARE USING YOUR CHECKING ACCOUNT FOR ANY WITH SPORTBOOKS  THATS ILLEGEL

FBI CAN FREEZE YOUR ACCOUNT



Cut and paste from the filing you posted, or cite your source of this outrageous claim.
 
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Posted: #170
Quote Originally Posted by bigstorm:


 the charges that were brought up under todays indictment stem from some rather hefty charges. It is presumed that the site owners were running a scheme to set up bank accounts and transfer illegal gambling funds. US checking accounts are use for illegel gambling transfers.

 US Attorney, Internet Poker companies indictment, press release

 

IF YOU ARE USING YOUR CHECKING ACCOUNT FOR ANY WITH SPORTBOOKS  THATS ILLEGEL

FBI CAN FREEZE YOUR ACCOUNT

good info...faak you and them...
 
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Posted: #171
Quote Originally Posted by Renton2010:


It shouldn't be up to sportsbooks and poker sites to report winnings to the IRS.

Gamblers should have been acting lawfully by reporting winnings. 


Yes, in a perfect world, but if employers didn't report earnings, how much would people report?

If everyone reported and paid taxes on their winnings, the Gov't might be happy to let Sportsbooks and Poker sites continue.

It's about the money, not morality, or the Government would be going after Horse Racing, Bingo, State Casinos and Lotteries and Church raffles!

Isn't it crazy that the Gov't is cracking down on gambling here and there while they are okay with every U.S. citizen in Nevada gambling?

Things are just a bit out of whack at this point in time.
 
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Posted: #172
Quote Originally Posted by Renton2010:


Legal in Canada.

Lottery and gambling winnings are not taxable.

I didn't know that.

So the Government must get something for licensing the sportsbooks and casinos?

I expect we are headed for some sort of "revenue sharing" from gambling in the U.S.
 
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Posted: #173
Quote Originally Posted by Barnstorm:


I didn't know that.

So the Government must get something for licensing the sportsbooks and casinos?

I expect we are headed for some sort of "revenue sharing" from gambling in the U.S.

Provincially regulated.

Revenue is shared.

Online is murky, as no law is in place to regulate the industry.

I read that one Province (B.C.) regulates online race horse wagering.
 
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Posted: #174
We, the people....
 
 
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Posted: #175

Quote Originally Posted by lovesoccer:

OK, I'll admit it. I'm stumped so I hope some of the sharps on this site can answer this for me. How does the US government have jurisdiction over these three sites when they are located in sovereign territory? I fully realize the US pushes it's own citizens around but how can they shut down these companies when they are licensed in areas where the US has no jurisdiction?

Dont know if this was answered, but here goes....

Because the poker sites are moronic.  They made it the US jurisdiction because they violated the UIGEA which strictly prohibits financial transactions.  The sites apparantly bought banks, bank employees etc - on US soil.  Just stupid.

That is the jurisdiction.  The US is not going after them for hosting a poker site, they are going after them for violating US law on US soil - something you would think these sites would never do - considering they have a multimillion dollar golden goose that can only be killed by stupidity and greed.

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