Statement by WSEX_GM

[WSEX GM]

The Congress of the United States passed a bill outlawing the ACCEPTANCE of financial transactions for ILLEGAL Internet gambling.

World Sports Exchange, WSEX.com, and all of its sister companies are LEGAL and licensed businesses regulated by the Gaming Commission of Antigua and Barbuda. We are wholly located in Antigua and do no business or run any part of our operation on US soil. We do not assert any legal opinion of gaming in your jurisdiction, only Antigua and Barbuda.

The World Trade Organization, the WTO, has recognized the right of Antiguan companies to be in this business and has instructed the United States to stop trying to block US residents from playing at Antiguan operations.

Nothing in the bill criminalizes placing a bet or sending money to or receiving money from an offshore gambling business.

The bill if signed into law by the President gives the banking regulators 270 days, 9 months, to figure out how to enforce it. It puts the burden of enforcing the law on the US banking system. Most experts believe they will not be able to get in done in that time, and many believe whatever system they come up with will not work.

We strongly suggest that our players get set up with alternative payment systems.

WSEX has always and will continue to fight for the players’ rights to spend their gambling dollars as they see fit, not just on US state sanctioned state lotteries or other outlets where the US government gets a piece of the action.



In other news, it's Wednesday. "Aces Never Lose."

[1C5]

" We strongly suggest that our players get set up with alternative payment systems."

Such as...?

[jfk]

Thanks for fighting the good fight. We share your frustration in knowing that ill conceived legislation which is contrary to international trade agreements is getting such support from our elected officials.

Free Jay Cohen.

[WSEX GM]

[ QUOTE ]
" We strongly suggest that our players get set up with alternative payment systems."

Such as...?

[/ QUOTE ]

Right now Neteller and First Pay. But we already have others in the pipeline.

[$Robbed$]

Dear WSEXGM,
YOU RULE!
Love,
$ROBBED$

[Bottled Rockets]

Awesome. Perfectly put.

[dp13368]

[ QUOTE ]
[ QUOTE ]
" We strongly suggest that our players get set up with alternative payment systems."

Such as...?

[/ QUOTE ]

Right now Neteller and First Pay. But we already have others in the pipeline.

[/ QUOTE ]

URL for firstpay?

[in48092]

I like your style sir.

Has WSEX been in contact with Neteller in regards to how this legislation will effect the player-neteller-WSEX arrangement?

[Tupacia]

Although I certainly appreciate your outspoken stance against the bill, I've heard some less than stellar things about the software at WPEX. Are there improvements/upgrades planned in the near future?

[$Robbed$]

[ QUOTE ]
I like your style sir.

Has WSEX been in contact with Neteller in regards to how this legislation will effect the player-neteller-WSEX arrangement?

[/ QUOTE ]
I would also like to hear more on this. I think I will keep from using Neteller just for the simple fact its the most popular and if the gov looks into where peoples money is going thats the first place they will track. BASTARDS