Re: A/C in Action: The AP Case
I don't know that it really matters for this thread but why are responses here couched in terms of playing online poker being illegal in the US? It isn't, at least at the Federal level. The barriers to entry into the US market are finding a funding intermediary willing to handle US players and stock exchange regulations/risks for the publicly traded companies. However you can look at non-US play for parallels to AC, which avoids the complexity of those barriers...ie wrt to non-US play online gambling is largely unregulated. APs actions and the aftermath are clear indications to me that trusting the "market" to provide critical information to consumers and to lead to Darwinian evolution of that particular business is a dismal failure so far. It is equivalent to the failures in the holistic/herbal supplements...a snake oil business that rips off its consumers for $ billions.
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