Re: What is your definition of Regulation?
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Would you advise foreign operation of poker rooms to continue, be banned, or work side by side with companies based on US soil?
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I'm not sure about U.S. trade law, but many countries require that foreign companies operating in certain business segments take on a minority ownership role only. For example, my employer's operation in India is a joint venture, and we own a noncontrolling stake of 49%. The joint venture partner is the primary party that is held accountable for proper market conduct.
I envision a scenario where a company such as Harrah's would partner with Stars or Party, with Stars or Party owning 49%. Harrah's would then be held accountable for tax reporting, audits, and other regulatory requirements.
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