[oldbookguy]

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Any proposal that invites federal licensing, taxation, and or regulation of online gambling would, in my view, be ultimately destructive.

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Offshore companies would prefer licensing, based on hearing in congress before and since the UIGEA, you hear it all the time.
Why, simple, taxes.

Take for example the federal gambling excise tax, for LEGAL wagers it is .25% of the wager, for ILLEGAL wagers, 2%.

The latter is one thing the offshore guys are charged with, tax evasion for not paying the 2%.

See, there already is regulation and taxation. Would you prefer a 200.00 license and .25% or possible jail and 2% of ALL wagers?

BTW, the form is IRS Form 730 for gambling excise taxes.

obg

btw, do your homework, then post, or ask a question if you do not know, not make a factual statement. Try; I think, I believe, what about, how about ect.