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Old 11-03-2006, 05:00 PM
dragonystic dragonystic is offline
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Join Date: Mar 2005
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Default Re: What is your definition of Regulation?

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The taxation on internet gambling needs to be clear cut. How much should you be taxed, what is considered a business expense, what can you deduct, what should you include etc etc.

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The tax guidelines for gamblers/poker players are already well established. I wasn't aware that there was any possibility of these changing.

Taxation will be on the industry, i.e. the sites. The players are already required to pay taxes.

The sites will likely trickle down the costs of taxes to the customers, but what form this takes and how much is anyones guess.

I personally do NOT want regulation. The major sites are plenty safe. Regulation is just a fancy word for big brother to say 'gimme gimme gimme.'
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