|U.S. EU, Japan & Canada Reach Internet Gambling Deal|
| 6:32 pm on Dec 17, 2007 (gmt 0)|
|The United States has reached a deal with the European Union, Japan and Canada to keep its Internet gambling market closed to foreign companies, but is continuing talks with India, Antigua and Barbuda, Macau and Costa Rica, U.S. trade officials said on Monday. |
The decision is a disappointment for European online gambling companies who hoped a case brought by Antigua several years ago at the World Trade Organization gave them a foothold to get back in the U.S. market after being kicked out by Congress last year.
U.S. EU, Japan & Canada Reach Internet Gambling Deal [uk.reuters.com]
| 6:59 pm on Dec 17, 2007 (gmt 0)|
This is such a crock of sh**e
American's are still playing online in the same (if not more) numbers - it's just a tad more difficult.
The government lose the tax revenue they could have generated and look a bunch of donuts cos there's places like Reno, the Indian Reserves and of course Vegas where everyone can legally gamble...
What were they thinking of... oh yes and they cut off a nice chunk of cash for me ;)
[edited by: TinkyWinky at 6:59 pm (utc) on Dec. 17, 2007]
| 10:17 pm on Dec 17, 2007 (gmt 0)|
what a total waste of time and resources.
| 1:20 am on Dec 18, 2007 (gmt 0)|
Looks to me like this applies to sports gambling - I can't see any connection to the ban on credit-card poker, etc.
| 5:44 am on Dec 18, 2007 (gmt 0)|
That's very nice for the paper pushers, but it will have little to no effect.
What's particularly amusing is the fact that a huge chunk of the gambling traffic is routed through a "bullet proof hosting" center on the Kahnawake Mohawk [en.wikipedia.org] reserve that sits on the Canadian side of the St Lawrence Seaway, with easy access to the US. The reserve is a bit of a legal no-man's land. The members of the band claim to be either Canadian, American, or neither, depending on convenience. They have a long tradition of smuggling in both directions, are renowned High Steel workers, have enlisted as Canadian soldiers in numerous wars, and a number enlisted with US forces for Vietnam and other wars.
They erected barricades, and effectively declared war on the Government of Quebec over the proposed expansion of a golf course [en.wikipedia.org]during the 90s.
The golf course was never built.
To this day, the Surete de Quebec, the RCMP, and the Department of National Defence want nothing to do with the place, the US government calls it "Canada's Problem", and it remains the only place in continental North America where internet gambling sites are openly hosted.
My point? The internet is everywhere, and nowhere, and as long as there is some place where the rule of law is weak, and international law disdained, there will always be internet gambling.
The US, Canadian, European Union, Japanese, and whatever other governments just waste their time, taxpayer's money, and deny themselves a source of revenue, by constantly holding talks on the subject and enacting silly, unenforceable laws.
| 1:52 pm on Dec 18, 2007 (gmt 0)|
|and deny themselves a source of revenue |
Casinos are opening everywhere, every state wants a piece of revenue. Governments want to block money from flowing out to internet venues, and for people to gamble locally.
There's another BIG reason they want casinos on the ground inside the country, and not internet sites - it is money laundering.
but let's not go there as it is outside of this forum's subject.
| 12:47 am on Dec 20, 2007 (gmt 0)|
|Governments want to block money from flowing out to internet venues, and for people to gamble locally. |
No matter how much they want it, it simply can't be done, and the fact that they're trying is evidence of their ignorance about how the world now works.
| 4:39 pm on Dec 20, 2007 (gmt 0)|
|IanKelley: the fact that they're trying is evidence of their ignorance about how the world now works |
disagree with that as well.
Decisions like this one can affect many-many billions of dollars and lots of cash operations. The government - any government - certainly is not going to bring this up without a blessing or a push from people who actually control them or at least these channels.
more than enough politics in that sentence, I digress