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> he is also a huge part of the fight against internet gambling. Going on the amount of internet gambling that seems incapable of paying out to winners that do
by anexprogrammer 10y ago
> he is also a huge part of the fight against internet gambling.
Going on the amount of internet gambling that seems incapable of paying out to winners that doesn't seem a bad starting position.
It's only a couple of days since the UK Gov announced a wide reaching investigation of the systematic cheating of customers.
- Bartweiss 10y agoThe US ban froze all existing funds though. The vast majority of "winnings not paid" were directly blocked by government action, not to mention any non-gambled deposits frozen. It effectively turned a shady industry into one with a 100% theft rate overnight. That might be justifiable as an action against immoral or criminal practices (and those did happen), but it's sure not for the benefit of the players.
- reverend_gonzo 10y agoIf online casinos were allowed to be run from the US, it would be much easier to hold them to a legal standard. Given that the US is willing to arrest any executive from an online casino, they end up being based in places like Gibraltar. Now that its nearly impossible for sometime to take legal recourse against them, it makes it much more enticing to cheat, steal, etc. Allows those casinos to be run in the US, and regulate and tax them, and suddenly, you have a lot of legitimate business vying for customers. You will also gain a lot in taxes, along with a bunch of the religious right claiming "you're ruining society".