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Congress rethinks its ban on Internet gambling
With pressure mounting on the federal government to find new revenues, Congress is considering legalizing, and taxing, an activity it banned just four years ago: Internet gambling.
On Wednesday, the House Financial Services Committee approved a bill that would effectively legalize online poker and other nonsports betting, overturning a 2006 federal ban that critics say merely drove Web-based casinos offshore.
The bill would direct the Treasury Department to license and regulate Internet ga
Jul 30, 2010, 6:37 pm - Todd - Lottery News
Lotto Maxims
Despite the availability of leagalized gambling, as long as the winnings on such gambling is taxed some gamblers will always seek out illegal gambling.
Feb 4, 2010, 6:18 pm - Coin Toss - Lottery Discussion Forum
Can I get some help with online lottery tax info
Casinos will track our slot and table play by player cards so that type of gambling session is obvious, but scratch-offs and online lottery are different. With lottery games it's almost impossible to define the length of a gambling session because we can buy a ticket in June and still cash it in November without knowing if we won. Most state lotteries allow up to 180 days to cash a ticket and the income isn't determined until we have the ticket validated. We can also buy advanced tickets and the
Oct 26, 2009, 11:55 am - Stack47 - Lottery Discussion Forum
Overseas gambling
just withdrew a chunk of money from 5D. they're saying we'll be able to keep gambling.
Oct 3, 2006, 12:41 am - emilyg - Lottery Discussion Forum
Online gambling executive arrested on state charges
Gambling industry experts agree: If you operate an offshore gaming Web site, stay out of the U.S.
Moments after stepping foot on American soil Thursday, Sportingbet PLC Chairman Peter Dicks became the second British offshore sports betting executive arrested in recent months for illegal online gambling in the U.S. Former BetOnSports PLC Chief Executive Officer David Carruthers was arrested on federal charges in July.
It's still unclear if the arrest is a coincidence or part of a government
Sep 8, 2006, 5:47 pm - Todd - Lottery News
online gambling poll
would you be in favor of taxing and regulating online gambling?
Sep 2, 2006, 4:43 am - LOTTOMIKE - Lottery Discussion Forum
rally on internet gambling
Representative Jim Leach and Senator Bill Frist will he holding a rally/hearing on Internet Gambling in Cedar Rapids on 8/31.
Aug 30, 2006, 4:16 pm - LOTTOMIKE - Lottery Discussion Forum
Responsible gamblers threatened by anti-gambling bill
Joe Callari is 27. He's a college student.
He has no wife, no kids. He works about four hours a day.
And he says he makes nearly twice as much in a year as the average Joplin household.
About six months ago, Callari, a psychology and business major at Missouri Southern State University, quit his job as a manager at a local Hastings store to take on a slightly more profitable venture playing online poker.
Callari said he makes $40 an hour in his new gig he sets his own hours an
Jul 21, 2006, 7:09 am - Todd - Lottery News
New law to end internet gambling soon !
http://www.washingtonpost.com/wp-srv/national/longterm/intgambling/stories/opinion072598.htmhttp://www.gambling-law-us.com/State-Law-Summary/http://www.medillnewsdc.com/gambling/gambling_internet.shtmlArizona politician to end all internet gambling with a new law has has been already half-passed and might finish being fully approved soon.There will be no more quarter store's pick 3 and 4 betting and neither any other kind of internet gambling for americans.Your gold goosse won't give you any m
Nov 21, 2005, 3:07 pm - LANTERN - Lottery Discussion Forum
Math/Gambling resource
Just for reference if you haven'nt already seen it:http://saliu.tripod.com/gambling.htm
Jan 12, 2005, 11:46 am - JKING - Mathematics Forum