7 May 2010 Webcast - Gambling Wages and more!!

Casinomeister

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Interesting webcast that triggers two thoughts:

1) In a US-liberalised market in which online casino companies are operating, commissions to affiliates would presumably be declared as promotional expenses to the IRS, raising the question of tax payment by said affiliates?

2) Regarding 7Red, the excuse that a BS membership logo was the fault of a designer seems a little thin to me. Surely management carries the ultimate responsibility for checking outsourced work to ensure everything is above board? (I'm still surprised that 32Red didn't fire a warning shot at these guys on their branding, given their prior reaction to 32Vegas btw)

Enjoyed the disco dancing btw!
 
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1) In a US-liberalised market in which online casino companies are operating, commissions to affiliates would presumably be declared as promotional expenses to the IRS, raising the question of tax payment by said affiliates?
Interesting - the IRS will be getting involved and affiliates will probably have to start filing US taxes. That may be an issue for a lot of people.

2) Regarding 7Red, the excuse that a BS membership logo was the fault of a designer seems a little thin to me. Surely management carries the ultimate responsibility for checking outsourced work to ensure everything is above board? (I'm still surprised that 32Red didn't fire a warning shot at these guys on their branding, given their prior reaction to 32Vegas btw)
They caught me in a good mood I guess. They aren't off of my radar though.


Enjoyed the disco dancing btw!
It's a catchy tune, ain't it?
 
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