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#6
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[ QUOTE ] I have to admit that idea has crossed my mind. From the government standpoint, they stand to reap in billions in tax revenue. What has happened today sucks, there is no doubt about it. My point of view is that this will turn out like prohibition did, it will be overturned, and when it does, I would rather play on a site regulated by the U.S. then a foreign site. I compare it to playing at an Indian Casino and a regular casino. I prefer the regular casinos because I know they are paying taxes to the government whereas the Indians are not. (I'm not tryin to stir up a debate on how Indians earned the right b/c of years of abuse) and that is why I would prefer to play at a U.S. regulated site that I know will pay taxes to the U.S. I wish it wouldn't come at the cost of a temporary ban like it appears to be, but once the smoke clears, I do beleive U.S. based online casinos will emerge. [/ QUOTE ] lets not overstate things. Party's net income before taxes is less than 500 million, and they are the biggest. You arent coming close to a billion in tax revenues for the total us market, even if us companies captured all of it [/ QUOTE ] But how many more people would become involved in IG if they could trust the site they were sending their money to? For someone new to the IG world, I would think they would be far more apt to sign-up with Harrahs.com before they even looked at Party.com or 888.com. |
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