Online Casinos - Casinomeister Logo Online Casinos - Casinomeister

Go Back   Casinomeister's Online Casino and Poker Forum > The Amazing World of Online Casinos and Poker Rooms > Casino Industry Discussion

Notices

Casino Industry Discussion Casino Industry Discussion - This discussion group concerns industry topics: press releases, stock market issues, Nevada and offshore organizations, and other business related items

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 13th June 2008, 12:31 PM
Mousey's Avatar
Resident Rodent
 
Join Date: Sep 2004
Location: Up$hitCreek
Posts: 1,916
WTGs: 0
WTGd at 2 Times in 1 Post
Thanks: 1,418
Thanked 1,401 Times in 804 Posts
Reputation Points: 7324
Rep Power: 62
Mousey has a reputation beyond reputeMousey has a reputation beyond reputeMousey has a reputation beyond reputeMousey has a reputation beyond reputeMousey has a reputation beyond reputeMousey has a reputation beyond reputeMousey has a reputation beyond reputeMousey has a reputation beyond reputeMousey has a reputation beyond reputeMousey has a reputation beyond reputeMousey has a reputation beyond repute
A Legal Alternative To Online Gambling (?)

Will this end up like the 'no gambling' website in Washington state? (I'm sorry I've forgotten the names. Not enough coffee yet. )

A Legal Alternative To Online Gambling
Jonathan Berke 06.12.08, 12:09 PM ET

Here's a business model for you: Give people money and let them place any bet they'd like. If they win, they get to keep the spoils; if they lose, give them more money to play with.

No, we're not talking about the subprime mortgage business. We're talking about a new--and perfectly legal--online gambling outfit called Centsports.com, founded by budding Webpreneur Victor Palmer in College Station, Texas.

Online gambling has always been illegal, even though people got away with it for years. In 2006, U.S. federal prosecutors started cracking down on payment processors, making things a little harder, even for off-shore virtual casino operators and their customers.

In Pictures: The Best Bets At The Casino
Palmer skirts this pesky problem by banking his customers. Three elements have to be present to violate most state gambling laws--namely "prize....
__________________
We have so much time and so little to do. Strike that, reverse it. -- Charlie and the Chocolate Factory
Reply With Quote
The Following 4 Users Say Thank You to Mousey For This Useful Post:
cynthial (13th June 2008), GaryWatson (13th June 2008), Jasminebed (15th June 2008), jod5413 (13th June 2008)
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are On
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Betting Companies to Take Legal Action Against Germany in Online Gambling Battle thisisvegas Casino Industry Discussion 0 3rd January 2008 06:10 AM
Online gambling legal in Mexico jetset Casino Industry Discussion 3 11th July 2007 04:33 PM
Is online gambling legal in Germany? kelvinlym Ask the Casinomeister 7 13th April 2005 10:00 PM
gambling online to be legal in atlantic canada! cslate Casino Industry Discussion 1 16th April 2004 07:37 AM


All times are GMT +2. The time now is 07:00 AM.


Powered by vBulletin® Version 3.7.2
Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.2.0
© All Rights Reserved, 1998-2008


  Casinomeister is proud to present the following quality portals
Online Casinos | GoneGambling | Online Casino Reviews | Wizard of Odds | Games and Casino | Online Poker Rooms | BetOnCharity | Winneronline | Online Casinos| Online Slots | Online Casino Reviews

Legal Statements and Privacy Policy
Casinomeister.com does not intend for any of the information contained on this website to be used for illegal purposes. You must ensure you meet all age and other regulatory requirements before entering a casino or placing a wager. Online gambling is illegal in many jurisdictions and users should consult legal counsel regarding the legal status of online gambling and gaming in their jurisdictions. The information in this site is for news and entertainment purposes only. Casinomeister.com is an independent directory and information service not affiliated with any casino. Links to third party websites on Casinomeister.com are provided solely for informative/educational purposes. If you use these links, you leave this Website.

Inactive Reminders By Mished.co.uk