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Old 06-23-2006, 08:53 PM
nfleqbc nfleqbc is offline
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Join Date: Aug 2003
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Default Online Gambling Is Illegal in the United States, but That Has Not Stopped Owner Calvin Ayre

<div class="FTQUOTE"><begin quote>Originally posted by: clevfan

MARTIN BASHIR: So you pay taxes on your business here in Costa Rica then?

CALVIN AYRE: Correct. We pay transaction taxes. We pay income taxes. We pay licensing taxes. And we pay taxes in a number of other jurisdictions as well -- including Canada.

</end quote></div>

According to Forbes, he exploits a loophole to not pay any CR taxes, fwiw.

<div class="FTQUOTE"><begin quote>It's estimated that Ayre now has more than half a billion dollars in personal assets following the success of his online business -- though he chooses not to give specific details.</end quote></div>

Forbes says he has no personal assets (everything is in Bodog's name to avoid taxes) other than Bodog. They also, using Sportingbet's price/handle, estimate Bodog is worth a billion.
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