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While I do not think NETeller could be considered a foreign bank, (and I realize I am repeating myself here) given the fact that the DoJ and FBI and all those other Federal acronyms have subpoenaed a crapload of documents from NETeller and banks, I fully expect to see many, many U.S. online gamblers and affiliates to be audited by the IRS within the next year or two.
If you gamble at B&M casinos, you might want to get those end of year Win/Loss statements. And don't forget all those losing lottery tickets, either.
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Alice: But I don't want to go among mad people.
The Cat: Oh, you can't help that. We're all mad here. I'm mad. You're mad.
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