Page 1 of 2 12 LastLast
Results 1 to 25 of 34
  1. #1
    ABW Founder Haiko de Poel, Jr.'s Avatar
    Join Date
    January 18th, 2005
    Location
    New York
    Posts
    21,609
    Internet Gaming might become legal in US?
    WASHINGTON (Reuters) - The United States could raise nearly $52 billion in revenue over the next decade by lifting a three-year-old ban on Internet gambling and taxing the activity instead, according to a study. Gambling supporters hope the new analysis prepared by accounting firm PricewaterhouseCoopers will help propel efforts in Congress this year to repeal the 2006 Unlawful Internet Gambling Enforcement Act.


    ....

    House of Representatives Financial Services Committee Chairman Barney Frank plans to reintroduce a bill this year to overturn the 2006 ban, which was approved when Republicans still controlled both houses of Congress and Republican George W. Bush was in the White House.

    Gambling advocates hope the U.S. government's need for new revenue in the aftermath of huge bailout and stimulus packages will boost chances for Congress to replace the ban with new measures to regulate and tax online gambling.
    Source
    Continued Success,

    Haiko
    The secret of success is constancy of purpose ~ Disraeli

  2. #2
    Full Member
    Join Date
    January 18th, 2005
    Location
    michigan
    Posts
    174
    Interesting. Las Vegas is hurting, I've never seen that town as empty as it was at ASW on a football playoff weekend. Macau is not turning out to be the gold mine they hoped it would be. Add to that, 3 years later, many offshore companies have shut down as they depended on the US portion of the gamblers. This seems like a perfect opportunity for the US based companies to get into the game. Interesting indeed.

  3. #3
    ABW Ambassador
    Join Date
    January 18th, 2005
    Posts
    4,423
    Oh please, oh please, oh please, oh please, oh please, oh please, oh please, oh please, oh please.

  4. #4
    Tax Paying Member
    Join Date
    November 14th, 2005
    Location
    Chapel Hill, NC
    Posts
    2,119
    The is still king........
    You must climb this mountain. There is no elevator. ---- Don't stick your finger in the liquid nitrogen.
    Carolina China

  5. #5
    Advocate mellie's Avatar
    Join Date
    January 18th, 2005
    Location
    Here
    Posts
    1,925
    Very interesting. With states struggling it seems like this could get enough votes; the lure of this tax revenue will be strong. Seems that since online gambling in the US has continued despite the ban, makes sense to regulate and tax it.
    Melanie
    President - Affiliate Advocacy 2008 ShareaSale Performance Industry Advocate Award, 2009 Affiliate Summit Pinnacle Award - Affiliate Advocate
    Affiliate Advocacy
    NYAffiliateVoice Seery Writing

  6. #6
    ABW Veteran Mr. Sal's Avatar
    Join Date
    January 18th, 2005
    Posts
    6,795
    Talking
    Internet Gaming might become legal in US?
    Why not?

    That may be a good idea after all!

    Since the new technology may force the small networks to accept toolbars , maybe the new technology may force the regular affiliates to get into the multi-billion Dollar gaming industry, soon...

    The Gambler on the Muppet Show


  7. #7
    Moderator BurgerBoy's Avatar
    Join Date
    January 18th, 2005
    Location
    jacked by sylon www.sylonddos.weebly.com
    Posts
    9,618
    We're all already gambling.

    We're gambling that our sales won't get stolen from us by toolbars and etc.

  8. #8
    ABW Ambassador purplebear's Avatar
    Join Date
    January 18th, 2005
    Posts
    3,960
    Agree with all that's been said. Seemed really stupid to have banned it in the first place. There are sooooo many places where people can gamble now what's the difference with it being online.

    With all the financial problems we've got now, "$52 billion in revenue "
    sounds like a really great idea to me. Unless there's somethin I'm missing, don't know why anybody would be against it. Not having it online is not gonna stop a person from gambling if somebody would be opposed to it for that reason. People can gamble practically anywhere they wanna now.

  9. #9
    ABW Ambassador simcat's Avatar
    Join Date
    January 18th, 2005
    Location
    Denver
    Posts
    1,786
    i've kept my 5yr old poker site up just in case.

  10. #10
    Analytics Dude Kevin's Avatar
    Join Date
    January 18th, 2005
    Location
    Rochester, NY
    Posts
    5,904
    I thought online day trading was already legal?
    Kevin Webster
    twitter: levelanalytics

    Kayak Fishing
    Web Analytics and Affiliate Marketing

  11. #11
    Full Member OICUAM2's Avatar
    Join Date
    May 18th, 2006
    Location
    Madison, WI
    Posts
    421
    I'm not a big fan of governments getting revenue from having a monopoly on lotteries and casinos while keeping it illegal for everyone else. If governments want it to be illegal, then they shouldn't be doing it either.

    I have an online gambling domain I have been holding. I hope it becomes legal.

  12. #12
    Outsourced Program Manager TrishaLyn's Avatar
    Join Date
    February 24th, 2008
    Location
    San Leandro, CA
    Posts
    1,049
    Quote Originally Posted by simcat
    i've kept my 5yr old poker site up just in case.
    Perhaps the same reason I never closed my account on Ultimate Bet? lol

  13. #13
    Full Member
    Join Date
    January 18th, 2005
    Posts
    277
    That's what I want too. Since I've recently started building websites in that area. Everybody wants: CHANGE!

    Here are some statistics/predictions of online gambling:
    http://getpokernews.com/poker-news/o...ue-statistics/

    And the profit/revenue figures of Ladbrokes for 2008, an online gambling company:
    http://www.pokernewsdaily.com/ladbro...-figures-1164/

    And affiliates can now promote online gambling websites in UK, more info here:
    http://www.pokernewsdaily.com/google...rch-terms-917/

  14. #14
    Outsourced Program Manager Sarah Bundy's Avatar
    Join Date
    July 7th, 2008
    Location
    Vancouver, BC
    Posts
    713
    Makes sense. That's why it's legal in pretty much every other country in the world. and someone made a good point. It's legal to gamble everywhere else in the states, why not online?

  15. #15
    Outsourced Program Manager Connie Burstin's Avatar
    Join Date
    July 5th, 2006
    Location
    Canada
    Posts
    59
    Hi,

    I have been an affiliate marketer for more than 10 years in the gambling field.
    I am sure that many affiliates will be happy if this comes true.

    Best Regards,

    Connie Burstin
    Last edited by Haiko de Poel, Jr.; March 2nd, 2009 at 06:01 PM. Reason: manual sig
    Connie Burstin -
    [URL=http://www.burstingroup.com]Burstin Marketing Group[/URL]
    Affiliate Management | Copywriting | Translations | Designs
    MSN: connieburstin-at-hotmail.com
    Email: [email]cburstin@burstingroup.com[/email]

  16. #16
    ABW Ambassador Doug247's Avatar
    Join Date
    January 18th, 2005
    Location
    DE USA
    Posts
    931
    Man time to close the day trading accounts and go for some real action!
    Thanks,
    Doug

  17. #17
    ABW Ambassador
    Join Date
    January 18th, 2005
    Posts
    4,423
    Quote Originally Posted by Sarah - 49Above
    Makes sense. That's why it's legal in pretty much every other country in the world. and someone made a good point. It's legal to gamble everywhere else in the states, why not online?
    Because then you aren't gambling at the casinos and horse tracks. It is one lobby stopping common sense, just happens to be a powerful lobby.

  18. #18
    Full Member OICUAM2's Avatar
    Join Date
    May 18th, 2006
    Location
    Madison, WI
    Posts
    421
    A lot of Americans are gambling online already.

    They are just doing it with foreign based services.

    The Bush Administration started cracking down on the foreign services (if their executives entered the United States) so some services stopped taking bets from Americans, but many services still accept bets from Americans.

  19. #19
    ABW Ambassador MeeMaw's Avatar
    Join Date
    May 30th, 2005
    Posts
    547
    Weed and Gambling... taxation with fun.

  20. #20
    Newbie
    Join Date
    January 21st, 2009
    Posts
    3
    We still take usa players, as the action is NOT in the USA. A lot of others do the same thing

  21. #21
    ...and a Pirate's heart. Convergence's Avatar
    Join Date
    June 24th, 2005
    Posts
    6,918
    If I remember correctly, the ban was NOT on online gaming itself, you can still do that, it was the transferring of funds that became illegal...
    Salty kisses, Sandy toes, and a Pirate's heart...

  22. #22
    Full Member OICUAM2's Avatar
    Join Date
    May 18th, 2006
    Location
    Madison, WI
    Posts
    421
    Right, so if Americans are gambling online already with foreign services, why not allow American businesses to be regulated and taxed while providing these services?

    I guess I could see the argument that if American compaines were able to run online gambling operations, then they could legally advertise in the United States which would lead to more people gambling. Should the government "protect" people from the gambling industry?

    I can see this "public safety" argument up until the governments create lotteries and indian casinos that allow them to make money off gambling operations while they restrict competition from private companies.

  23. #23
    ABW Ambassador simcat's Avatar
    Join Date
    January 18th, 2005
    Location
    Denver
    Posts
    1,786
    *govt. legalizes online gambling & taxes it
    *people quit going to vegas, atl. city, etc.,... they collapse & scream bloody murder
    *govt. bails out vegas, atl. city, etc. with what's left of the money after waste & corruption.

  24. #24
    Affiliate Manager Alan Hamilton's Avatar
    Join Date
    March 13th, 2006
    Location
    Colorado / Florida
    Posts
    4,411
    I agree that if the government is going to legislate / ban / place obstacles that basically stop private sector online gaming, then the government shouldn't be running games either. If the government is going to be in the gambling business, then certainly it is equitable that the private sector be permitted to do the same.

    When financial times were good, the government would never have lifted this ban. But now that tax dollars are waved in front of their eyes, congress will likely redefine right and wrong?

    My personal opinion only.... I am diametrically opposed to government sponsored gambling / lotteries. I see it as a covenient contradiction that they sponsor gambling while telling others they cannot. I also consider it predatory for governments to prey on low income and / or financially challenged people who cannot afford to spend money on such things. In an ideal world, people who cannot afford to waste money should not buy lottery tickets or gamble. But the temptation seems to outweigh common sense, just like it did in the mortgage industry. What's next?, government buying up gambling debt for people who cannot afford the loses?

    My bottom line thought is that if government is going to sponsor gambling, then I support repealing the 2006 ban and allowing free enterprise to get in on the same playing field! Heck, maybe I'll design a site for "Go Fish" and "War" enthusiasts and then dominate that niche!!
    Join the Spicy Aprons Affiliate program on ShareASale Visit us on Facebook www.facebook.com/spicyaprons Follow us on Twitter @Spicyaprons

  25. #25
    Newbie
    Join Date
    December 7th, 2008
    Posts
    16
    This is one of the best money making scheme that will soon to be legalized. Look at Las Vegas...very rich...

+ Reply to Thread
Page 1 of 2 12 LastLast

Similar Threads

  1. Progress Made Towards Legalizing Internet Gaming
    By Eathan in forum Midnight Cafe'
    Replies: 8
    Last Post: August 3rd, 2010, 11:46 AM
  2. Replies: 2
    Last Post: January 4th, 2003, 07:36 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •