Re: What is your definition of Regulation?
representative kasper from ND indicated he thought the state could get the IRS to accept a Net win/loss for the year instead of each session. IMO it would be better for the government to run the room rather than try to tax it. there is an extra level of expense if the companies try to run the rooms.
perhaps in its infancy, this would have been a bad idea, but now that things have pretty much settled down with changes in software and such...i think it is a reasonable thing for a government to do.
years ago i read a book where there were no taxes at all except for a voluntary gambling game that people enjoyed playing! perhaps the time has come!
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