All valid points DG, though apparently one of our writers didn't know about the connection...
Should our goal be just to repeal the UIGEA? Not saying I disagree with that. Just asking if that's it, or if there are other goal we should be pursuing. If we want to get the UIGEA repealed, what's the best way you think we should go about doing it. What points should we make?
Should we be addressing safeguards against organized crime involvement in offshore places, problem gambling, children gambling within the offshore world the way it was before UIGEA? Or do you believe those issues had already properly been addressed? One could make the point that a sportsbooks that pays on time, but uses its proceeds in the field of organized crime isn't necessarily the best option. As a customer, getting paid is very important obviously. Some customers might have issues with the fact that companies who are treating customers fairly in this industry might still be involved in other nefarious deeds.
And, does repealing the UIGEA help clear up the confusion about the Wire Act and the other areas where the DOJ and current government believe that laws are being broken? Is it enough to repeal the UIGEA if the government is still going to go after sportsbook owners anyway? The clear downsides of regulation that you point out still might be a better alternative than having sportsbook owners, banking instititutions, etc... arrested for violating these gray area laws. Some states to make it illegal to bet online. That's what Dicks was arrested for...placing a bet in Louisiana or something. New York didn't go through with the extradition as we know. Theoretically, the future world could see those states with such laws being more aggressive about arresting citizens. Legal regulation with crappy juice could still end up being better than the prior outlook with good juice in that sense.
Your thoughts?  |