[mmcd]

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Also the US government could go to Party and say something like, "So far we have been pretty much turning a blind eye to your activities. Turn over the financial records of your US clients or we will bring the hammer down."

[/ QUOTE ]

Seeing as how Party is based in...Gibraltar, I believe?? correct me if I'm wrong....I somehow don't think Party would be quaking in their boots over the threat of said hammer.

[/ QUOTE ]

No offense intended, but that's a very naive view.

[/ QUOTE ]

His reason is completely wrong, but I think he's right that nothing is likely to transpire between the U.S. government and Party Poker. First of all, because of the WTO ruling on the matter and the fact that PartyGaming is now a multi-billion dollar public corporation, the U.S. would catch a LOT of flack if tried to interfere with or shut down Party in the U.S. Second, Party would be VERY unlikely to cooperate with the U.S. governemnt willingly. The pros and semipros who currently play on there but don't report the income would probabaly just start reporting, but the vast majority of the recreational players would probably just stop playing rather than have the hassle of having to keep track of everything and deal with the IRS.