joao_,martins
10-17-2007, 01:39 PM
A friend of mine, that is more than financially secure, is interested in starting a new business venture with my help!
he wants to start a company that would back local players ( tampa, fl ) and make commission on their profit.
he likes to do everything by the book ( go figure a poker player only doing things by the book ) so he wants to become incorporated and everything else that would come with it ( mind you, he is the business savy one not me... so I dont know what else comes with it ).
anyhow, my question or concern is that there wouldn't be a way to apporach this venture leagally; such as, becoming incorporated for a gambling company. Am I wrong on this? Does anyone know what the legality of this sort of venture is or is not?
Any help would be appreciated!
he wants to start a company that would back local players ( tampa, fl ) and make commission on their profit.
he likes to do everything by the book ( go figure a poker player only doing things by the book ) so he wants to become incorporated and everything else that would come with it ( mind you, he is the business savy one not me... so I dont know what else comes with it ).
anyhow, my question or concern is that there wouldn't be a way to apporach this venture leagally; such as, becoming incorporated for a gambling company. Am I wrong on this? Does anyone know what the legality of this sort of venture is or is not?
Any help would be appreciated!