Reply to thread

Message

[QUOTE="Drivembig, post: 1728477, member: 80464"]
There is actually a bill in congress that would regulate internet gambling. There isn't any law against internet gambling only a law on processing payments to U.S. residents concerning internet gambling. This is how the sites got into trouble.

This is why the sites had to trick or bribe the U.S. banks. To get us our money. The new bill in congress that was submitted in Feb of 2011 would let a site obtain a permit and would have to abide by the same rules that a casino in the U.S. has to. It would be regulated by the gaming commission and any winnings over $1500.00 would have to have a W1099 issued to the winner.

Therefore the winner would have to file the winnings on their taxes and the government would get their share....which is the only thing they are concerned about. They don't care about us, only money.

Which I don't care anyway. I have come to terms with the fact that our government wants a part of any money that we can make. Any way that we can make it. So, I don't really care if they tax me on my winnings. Just let me play.

I have a couple of friends that have won 30,000 plus at one time on FTP and got paid with no problem. Both of them paid taxes on it so they wouldn't get into trouble. Our government would get them for tax evasion if they found out. Like I said their all about the money.

Anyway, thanks for letting me rant. Just give me my poker back....lol
[/QUOTE]

Verification

Search

Reply to thread

About CardsChat

Our Community

Our Site

Follow us

Language