Thursday, September 07, 2006

Another Online Sporstbook CEO gets busted

I don't like this trend. Peter Dicks, the chairman of Sportingbet, a London-exchange traded online betting portal (one which the author happens to like) was arrested today.

We'll have to wait and see how this all shakes out but it appears the federal govt here in the good old USA is taking aim at online gaming. I am biased, but I don't understand why the feds don't pass laws to REGULATE online gaming rather than completely ban it. If online gaming is regulated, then the IRS can take a piece of the action and we in the US can continue to enjoy ourselves. Seems like an easy solution to me.

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