UK Takes Opposite Approach On Online Gambling

from the highly-logical dept

While the US government continues to do everything in its power to push out the highly lucrative online gambling industry, and turn everyone involved in it into criminals, other countries are eagerly embracing it. In the UK, the finance minister said that as part of the country's budgetary plans, it hopes to lure in online gambling firms, many of which are located in tax havens, like Gibraltar. Instead of charging them a typical corporate tax, they will only face a small 2-3% levy. Already, some internet casinos are eager to move. In addition to the bump in tax revenue that the country will see, the government should be in a better position to regulate the industry and protect gamblers from shady dealings. This is in contrast to the US, which, by pushing online gambling further underground, ensures that it will be less safe for American gamblers.
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  • identicon
    Card Player, 23 Feb 2007 @ 5:28pm

    So to Gamble

    So To Gamble all I need to do is transfer my money to an EU Bank and use that account to gamble.

    Or will the US ban its citizens from doing business with EU Banks ?

    link to this | view in chronology ]

  • icon
    slimcat (profile), 23 Feb 2007 @ 6:57pm

    Mo $

    The online gambling industy in the US just failed to line the right pockets in D.C. If they had done this at the outset, there porbably would never have been a problem.

    We all know this country (the US, in case you aren't paying attention or have had too much alcohol or drugs, like me ;)) is run by power and money, nothing else. If you can get the money to the power, you've got it made. Power and money trumps laws, constitutions, bills of rights and, well, really anything else you can think of. You want to think I'm wrong, but you know I'm not.

    link to this | view in chronology ]

  • identicon
    Anonymous Coward, 24 Feb 2007 @ 6:14pm

    online card games are rigged...i dont waste my money.

    link to this | view in chronology ]

    • identicon
      Dosquatch, 26 Feb 2007 @ 11:45am

      Re: rigged

      online card games are rigged...i dont waste my money.

      Oh, yeah. They're so totally rigged that I make money almost every time I play.

      Could it be that you're just bad at cards?

      link to this | view in chronology ]

  • identicon
    ehrichweiss, 25 Feb 2007 @ 8:49am

    card games rigged?

    what are you talking about #3? It's incredibly hard to rig a game like poker or the like where the house doesn't play a hand; yes, they collect a house percentage on poker but they have nothing more to gain if you lose a hand.

    Or maybe you're simply a bad card player and don't understand odds as well as the other players and this is just sour grapes for you.

    link to this | view in chronology ]

  • identicon
    Paul smith, 25 Feb 2007 @ 10:14am

    Gambling

    I used to believe that gambling was a bad thing and would break down family life and leave the gambler with no money and in the poor house. how wrong I was just think for a moment life is all above gambling you buy a house on the hope it will increase in value you take a mortgage out with the hope you will be able to meet the payments each month. You take a risk what interest rate you take up ie fixed rate or varible. Do you take up that new job offer and what happens to my pension it is mainly invested on the stock market. Visit my blog and learn how to gambling with reduced risk at www.onlinegamblingsuccess.blogspot.com Give it a try it does work.

    link to this | view in chronology ]

    • identicon
      Dosquatch, 26 Feb 2007 @ 11:49am

      Re: Gambling

      Paul Smith states the obvious in a horrible run-on sentence merely to promote his own blog

      Spam Trolls. Can't live with 'em, can't form an angry mob to bludgeon them to death with their own limbs.

      Oh, wait - maybe you can.

      link to this | view in chronology ]

  • identicon
    MR MUSTAFA BELLO, 25 Apr 2007 @ 9:10am

    BUSINESS PROPOSAL

    FROM:MR MUSTAFA BELLO
    AUDITING AND ACCOUNTING UNIT.
    BANK OF AFRICA BENIN
    REPUBLIC OF BENIN.

    DEAR SIR/MADAM,

    I AM MR MUSTAFA BELLO THE DIRECTOR IN CHARGE OF AUDITING AND ACCOUNTING SECTION OF BANK OF AFRICA BENIN REPUBLIC OF BENIN.IN WEST AFRICA WITH DUE RESPECT AND REGARDS. I HAVE DECIDED TO CONTACT YOU ON A BUSINESS TRANSACTION THAT WILL BE VERY BENEFICIAL TO BOTH OF US AT THE END OF THE TRANSACTION.

    DURING OUR INVESTIGATION AND AUDITING IN THIS BANK, MY DEPARTMENT CAME ACROSS A VERY HUGE SUM OF MONEY BELONGING TO A DECEASED PERSON WHO DIED ON 31ST OCTOBER 1999 IN A PLANE CRASH AND THE FUND HAS BEEN ORMANT IN HIS ACCOUNT WITH THIS BANK WITHOUT ANY CLAIM OF THE FUND IN URCUSTODY EITHER FROM HIS FAMILY OR RELATION BEFORE OUR DISCOVERY TO THIS DEVELOPMENT.

    ALTHOUGH PERSONALLY, I KEEP THIS INFORMATION SECRET WITHIN MYSELF AND PARTNERS TO ENABLE THE WHOLE PLANS AND IDEA BE PROFITABLE AND
    SUCCESSFUL DURING THE TIME OF EXECUTION. THE SAID AMOUNT WAS U.S $21.7M (TWENTY ONEMILLION SEVEN HUNDRED THOUSAND UNITED STATES DOLLARS).

    MEANWHILE ALL THE WHOLE ARRANGEMENT TO PUT CLAIM OVER THIS FUND AS THE BONAFIDE NEXT OF KIN TO THE DECEASED, GET THE REQUIRED APPROVAL AND TRANSFER THIS MONEY TO A FOREIGN ACCOUNT HAS BEEN PUT IN PLACE AND DIRECTIVES AND NEEDED INFORMATION WILL BE RELAYED TO YOU AS SOON AS YOU INDICATE YOUR INTEREST AND WILLINGNESS TO ASSIST US AND ALSO BENEFIT YOURSELF TO THIS GREAT BUSINESS OPPORTUNITY.

    IN FACT I COULD HAVE DONE THIS DEAL ALONE BUT BECAUSE OF MY POSITION IN
    THIS COUNTRY AS A CIVIL SERVANT(A BANKER),WE ARE NOT ALLOWED TO OPERATE A FOREIGN ACCOUNT AND WOULD EVENTUALLY RAISE AN EYE BROW ON MY SIDE DURING THE TIME OF TRANSFER BECAUSE I WORK IN THIS BANK.
    THIS IS THE ACTUAL REASON WHY IT WILL REQUIRE A SECOND PARTY OR FELLOW WHO WILL FORWARD CLAIMS AS THE NEXT OF KIN WITH AFFIDAVIT OF TRUST OF OATH TO THE BANK AND ALSO PRESENT A FOREIGN ACCOUNT WHERE HE WILL NEED THE MONEY TO BE RE-TRANSFERRED INTO ON HIS REQUEST AS IT MAY BE AFTER DUE VERIFICATION AND CLARIFICATION BY THE CORRESPONDENT BRANCH OF THE BANK WHERE THE WHOLE MONEY WILL BE REMITTED FROM TO YOUR OWN DESIGNATED BANK ACCOUNT.

    I WILL NOT FAIL TO INFORM YOU THAT THIS TRANSACTION IS 100% RISK FREE.
    ON SMOOTH CONCLUSION OF THIS TRANSACTION, YOU WILL BE ENTITLED TO 30%
    OF THE TOTAL SUM AS GRATIFICATION, WHILE 5% WILL BE SET ASIDE TO TAKE
    CARE OF EXPENSES THAT MAY ARISE DURING THE TIME OF TRANSFER AND ALSO
    TELEPHONE BILLS, WHILE 65% WILL BE FOR ME. PLEASE, YOU HAVE BEEN
    ADVICED TO KEEP"TOP SECRET" AS I AM STILL IN SERVICE AND INTEND TO RETIRE FROM SERVICE AFTER WE CONCLUDE THIS DEAL WITH YOU.

    I WILL BE MONITORING THE WHOLE SITUATION HERE IN THIS BANK UNTILYOU
    CONFIRM THE MONEY IN YOUR ACCOUNT AND ASK ME TO COME DOWN TO YOUR
    COUNTRY FOR SUBSEQUENT SHARING OF THE FUND ACCORDING TO PERCENTAGES PREVIOUSLY INDICATED AND FURTHER INVESTMENT, EITHER IN YOUR COUNTRY OR ANY COUNTRY YOU ADVICE US TO INVEST IN. ALL OTHER NECESSARY VITAL INFORMATION WILL BE SENT TO YOU WHEN I HEAR FROM YOU.

    PLEASE INDICATE YOUR DIRECT EMAIL ADRESS,TELEPHONE AND FAX NUMBER WHEN REPLYING THIS BUSINESS PROPOSAL .

    IF YOU ARE NOT INTERESTED, PLEASE ALSO INDICATE SO THAT IT WILL ENABLE
    ME TO CONTACT ANOTHER FOREIGN PARTNER WITH RECOMMENDATIONS TO CARRY OUT THIS DEAL.A SWIFT ACKNOWLEDGMENT OF YOUR RECEIPT OF THIS MAIL WILL BE APPRECIATED.THANK YOU AND GOD BLESS YOU.I LOOK FORWARD TO RECEIVE YOUR EMAIL.

    BEST REGARDS,
    Mr MUSTAFA BELLO

    link to this | view in chronology ]


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