Why Does the Government Need Your Money?
With all the troubles that have been had by online poker rooms and casinos as well as the payment processing services such as Neteller that are associated with them. It is seemingly a strange effort by the government that sees all manner of regulations piled onto websites such as Full Tilt Poker that are conducting business as normal while also trying to process transactions by customers outside of the US.
Most notable among these are the recent laws passed by Congress in 2006 and signed by President Bush that would punish financial institutions for processing or receiving monies from Poker sites sitting inside America. While this is partially about money laundering, lumbung88 login it is also about keeping other businesses from simply taking advantage of millions of Americans.
roversy exists as to the taxes that the US government should collect on the revenues generated by millions of online poker players. Some members of Congress think that this is too steep of a charge and instead would like to see legislation passed that would allow certain types of online gaming, including online poker, to be made legal in America with a paid tax credit, in addition to allowing online gaming to be conducted in various different ways in various states across the country.
The government has been quite aggressive in its pursuit of webcam entertainment since late night television became popular due to the World Wide Web in the 1990's. The easiest venue in which to conduct online gamblingsthat could be found were online casinos, which at the time were operating out of hamams as well as connection points such as datacenters. While many older forms of gambling such as bingo and keno were still available, the primary emphasis had been shifted to online poker.
When the bill became a law, the internet was just a dot compared to the huge industry of online gambling, and thus processing transactions was quite difficult. overnight, large companies such as PartyGaming were able to set up operations online and received nothing but blowback from the American public. The large gambling conglomerates saw the writing on the wall and went after smaller online gambling sites, which frequently supplied gambling revenue to online gambling conglomerates. Upon taking this step, the government made it illegal to transfer funds to these sites, and claimed that online gambling itself was the cause of the grains shortage, even though experts believe that the legislation had more to do with a diversion of grain from the grocery store.
Despite these laws, hundreds of websites still allowed Americans to play in online poker rooms. It wasn't long before the livelihood of the online gambler was threatened, and several websites such as Fulltiltpoker.com decided to pull out of the American market and set up shop in foreign countries with more favorable laws. Since they were based in foreign countries, these sites were a lot more profitable to American players, many of whom were luring people to the casino tables to fund their hobby.
Theohighdeck of poker shows that the government has no interest in the well-being of the American gambler or the online gambler. The purpose of the law, as stated above, was to stop citizens from using their bank accounts to fund online gambling. The government has yet to prove that online gambling is even fairly associated with crime. Nevertheless, whether legal or illegal, the government is still going to take a hard look at the gambling situation in this country and make it uncomfortable for those who participate in what they consider to be a corrupt activity, even if those players use money to fund a hobby that is outside of their own neighborhood.
