> Some 54 nations, mostly in Europe and the Caribbean, have legalized > regulated online gambling, according to the Interactive Gaming Council. > The thing is of course that the US is likely to sooner or later give in and join the gang. The bad thing is of course that with the US on board countries will move heaven and earth, so to say, to legislate and especially tax the fun out of online gaming.
The good thing about that, of course, is that most shady small-scale operators will go under. The bad thing is that most small-scale operators will go under. Another slice of free market sacrificed on the altar of big brother's regulation religion by the socialist-taxation priesthood. The good thing of that would be that more and more larger gaming operators would discover e-gold as a privacy option and the scope of the whole micro-economy would grow multifold. The bad thing would be that e-gold once again would become an all-too painful thorn in the side of big government and they would do their very best to force some kind of disclossure. The good thing would be that they are likely not to get anywhere with e-gold. The bad thing would be that they are then likely to try to go after the exchangers of bury the merchants in audits. Point in case: since the US realized that there is not much use in going after porn site operators or censoring content, they have shifted their attention to credit card operators (especially VISA) who are now leaning on promo sites, adult verification systems and small fry pay sites. It appears that latter are folding by the dozens while more and more card processing services are throwing in the towel as well. Of course, compared to the online adult content industry, the overall volume of all DGCs combined is laughable, but if gaming goes DGC to save tax, then the volume will multiply and warrant more concentrated efforts. In the end, with the US becoming more and more the '4. Reich of the Rich' (good book, worth reading) and the EU becoming its socialist counterpart, who will really do anything if the souvereignity of a few tiny island nations is being ignored? Maybe it is getting time to reconsider establishing ventures in the Lower Antillies and start looking to the Pacific ocean instead? What we need is a dozen geo-stationary satelites. Heck, we should have bought MIR ;o) Cheers, Robert. budget & privacy website hosting http://www.cyberica.net budget & privacy domain registrations + mail http://www.u2planet.com/cfdomaintrust.html --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
