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US Rep. introduces revised Internet gambling bill

Topic closed. 31 replies. Last post 4 months ago by tiggs95.

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mjwinsmith's avatar - moon
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Posted: May 17, 2010, 2:10 pm - IP Logged

If "they" means Congress, they never actually outlawed Internet gambling. What they did was stop money transfers from U.S. banks to Internet gambling sites. The biggest effect was to Online casinos and bingo games and most of them were forced to shut down. Basically if the sites issued players a check, no U.S. bank could cash it. The Online poker sites where less effected because of the large volume of foreign players and most of those sites have found other means for U.S. players to maintain real money accounts.

Some states enacted bans on any Internet gambling even though they still haven't a clue as how to enforce it. There is Constitutional question on if states can ban residence from visiting any website originating from another state or from another country too.

The IRS can require state lotteries to withhold taxes on winnings over $5000 and issue W2-Gs on winnings over $600. There is a problem of how to tax the online winnings because the IRS has no jurisdiction outside the U.S. where the Internet gambling sites are located. That is pretty much the reason why Internet Gaming Bill is still stalled in committee.

 If you walked into a restaurant and asked for service and the proprietor said he/she would not accept your money, you’ve been banned from service pure plain and simple.

 >Michael

NBey6's avatar - money bag1
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Posted: May 17, 2010, 2:21 pm - IP Logged

The crime should not be Internet gambling -- rather, it should be a crime to tell people what they can and can't do with their own money.

I know the government looks at any form of gambling as a new revenue stream, but in reality any taxes should exist on Internet gambling only in large enough amounts to self-fund the regulatory body necessary to prevent scams.

Well said Todd -

"The crime should not be Internet gambling -- rather, it should be a crime to tell people what they can and can't do with their own money."

 

I Agree!  Now that's what I'm talking about. They (big brother- gov't) interfere so much that the average person now thinks it's a privilege to think for themselves!!

Love, peace and abundant blessings!!

 Clover Thumbs Up 





takeitez's avatar - japheth
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Posted: May 17, 2010, 6:09 pm - IP Logged

The internet sites pay $900 for a pick 3 straight.

The states pay $500.

Do you think this will fly??

ez

          No Pity!Guitar  Drum ........ in the long run........

Ms. Pat's avatar - Lottery 032
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Posted: May 17, 2010, 6:26 pm - IP Logged

Does anyone know when they will vote on it?

joker831's avatar - Trek COMBADG3
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Posted: May 17, 2010, 9:23 pm - IP Logged

I've been gambling online for YEARS.  I have never had a problem depositing money or getting paid.  Been doing it since about 1985.  Now the FEDS are realizing that they are missing out on a LOT of money in potential taxes.  What a bunch of idiots.  Sometimes your odds are better gambling online.  It just really depends on where you gamble.  I have made a ton of money gambling online.  It is about they legalize it.

The possibilites are endless.... might as well start at the begining

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Posted: May 17, 2010, 9:53 pm - IP Logged

The crime should not be Internet gambling -- rather, it should be a crime to tell people what they can and can't do with their own money.

I totally agree, are you idiots in Washington listening?

Tea Party, Coffee Party any other party, it's our rights as Americans.... are you idiots in Washington listening??

It's Our Freaking Money; we can do with it What the Freak we want.

I am sick of these boobs in Washington telling US what the freak we can do with our money!

We earn it; we pay tax on it so we can do whatever we want. I might point out that before the ban on Internet gambling and money that we earned, oh what a nice term "EARNED" was spent right here in the good old US of A, so it helped the economy. You jerks put a stop to it and so goes the economy.

Now don't get me started on the oil companies headquartered overseas that just had a hand in the biggest oil spill in America that petioned a court to limit it's liability...what are you going to do about that MR Representative? 

Spend less time telling US what we can do with our money and more time  doing what we sent you to Washington to do.

>Michael

Amen, Amen, and Amen. If people go to work and earn their money, then they're entitled to spend it the way the want. If they are fortunate enough to make or win money through something they are at losings odds with, they should definitely be able to keep 100% of it.

The government is just greedy and wants to have its' hand in every little penny existing...SO THAT THEY CAN GO AND WASTE FOR US!!

All I can say is write your congress and tell them exactly as you've all stated here. They already get part of the money we work for. Why should they be entitled to any of what we've "played for???"

L.L.

LANTERN's avatar - user 1132
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Posted: May 17, 2010, 9:54 pm - IP Logged

The internet sites pay $900 for a pick 3 straight.

The states pay $500.

Do you think this will fly??

ez

Maybe once a person pays all the taxes and other charges, you might just get $500 or much less.

Tenaj's avatar - michellea
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Posted: May 17, 2010, 10:29 pm - IP Logged

Question.  How are they going to make the off-shore people cooperate?

TakeemtotheBank

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Posted: May 17, 2010, 11:17 pm - IP Logged

Question.  How are they going to make the off-shore people cooperate?

No need to, they just get the banks to allow or disallow the transaction.

You should have stopped them at the dinner roll. End the Fed.

No Taxation Without Representin' ROFL

jeffrey's avatar - moon
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Posted: May 18, 2010, 12:18 am - IP Logged

Amen, Amen, and Amen. If people go to work and earn their money, then they're entitled to spend it the way the want. If they are fortunate enough to make or win money through something they are at losings odds with, they should definitely be able to keep 100% of it.

The government is just greedy and wants to have its' hand in every little penny existing...SO THAT THEY CAN GO AND WASTE FOR US!!

All I can say is write your congress and tell them exactly as you've all stated here. They already get part of the money we work for. Why should they be entitled to any of what we've "played for???"

L.L.

Tuesday is Soylent Green day, make room, make room. It is coming. The government already considers the American people livestock fattened for the slaughter. I should consider moving if there was a place where there was a government that wasn't a separate entity rather than a true representative body. We don't need the Visitors from the V series to come eat us, we have our tax and spend elected officials.Rant

marcie's avatar - tn
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Posted: May 18, 2010, 1:01 am - IP Logged

Question.  How are they going to make the off-shore people cooperate?

If they are from another Country they don't have to co-operate do that??? I was wondering about that? I like things the way they are. I want all my money. Don't you?Wink

 WinkBlessings to everyone let's get this Cash Money !

rdgrnr's avatar - walt
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Posted: May 18, 2010, 5:57 am - IP Logged

If they are from another Country they don't have to co-operate do that??? I was wondering about that? I like things the way they are. I want all my money. Don't you?Wink

"I was wondering about that? I like things the way they are. I want all my money. Don't you?"

 

 

 

Heh, heh, heh.

You're kidding, right?

No Marcie, the party's over, we all have to pay more taxes now for all the new government programs. He could take all  of the rich peoples' money and it still wouldn't be enough. We will all be giving more and more and more to pay for it all. Ain't this hope and change nice? Yes he lied, but at least he's cool! Yes we can! Yes we can!

Think you won't pay "one more dime" in taxes? HA HA HA HA HA HA HA! LMAO! Can you see the forest out there or do the trees keep gettin' in the way?

"Diligence is the mother of good luck"  ~Benjamin Franklin~

     "Here's my strategy on the Cold War: We win, they lose" ~Ronald Reagan~ 
                                                                                                                     

       

marcie's avatar - tn
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Posted: May 18, 2010, 10:39 am - IP Logged

LOL!! No the Trees keep getting in the way Yo Yo!!   The parties just started!!

More Money more money!!! We pay taxes all the time.  Yeah some more dimes!

 WinkBlessings to everyone let's get this Cash Money !

sully16's avatar - sharan
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Posted: May 18, 2010, 4:56 pm - IP Logged

I've been gambling online for YEARS.  I have never had a problem depositing money or getting paid.  Been doing it since about 1985.  Now the FEDS are realizing that they are missing out on a LOT of money in potential taxes.  What a bunch of idiots.  Sometimes your odds are better gambling online.  It just really depends on where you gamble.  I have made a ton of money gambling online.  It is about they legalize it.

Darlin, loose lips sink ships, if you don't think the states have someone monitoring this site , you'd be very wrong. Internet gambling in the us is illegal. not judging just saying be careful.Hyper

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pepper1's avatar - Lottery 029
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Posted: May 18, 2010, 5:27 pm - IP Logged

Darlin, loose lips sink ships, if you don't think the states have someone monitoring this site , you'd be very wrong. Internet gambling in the us is illegal. not judging just saying be careful.Hyper

 I agree with you. I think it should be legal to do as we please. They should mind there own business. They got

to much money that's why they're always mess with us. I also think that they need to leave people along

that have the machine in there stores. Sometime when I watch TV and leave the room I come back

and my cable logo is going across the screen, and I wonder I'm paying for this why isn't my program still

going as long as I want it to.

 
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