Skip to main content

Techdirt: How The US Crackdown On Online Gambling Hurt Americans

Techdirt: How The US Crackdown On Online Gambling Hurt Americans

How The US Crackdown On Online Gambling Hurt Americans
from the nice-work dept

Ah, unintended consequences. This past summer, US authorities arrested David Carruthers, CEO of online betting site BetOnSports, kicking off their latest round of anti-online gambling attempts, leading Carruthers to be fired and the company to stop doing business with US players -- effectively knocking out most of the company's business. Over at The Register, attorney Burke Hansen, explains how this has ended up hurting the American customers of the site a lot more than if they were just allowed to keep gambling. He points out that BetOnSports was quite well respected in the space, and was never known to have problems paying players the money they had won. However, with the company agreeing to settle the lawsuit against it, the courts are trying to get the money out of BetOnSports' bank accounts, which happen to be in Antigua. Antigua, of course, is in the middle of a nasty dispute with the US over (look at that!) the legality of online gambling -- so Antigua officials have filed an injunction to keep the US from taking money out of BetOnSports' Antigua bank accounts. Antigua doesn't want all that money going to the US, especially after the US has repeatedly ignored demands of the WTO on online gambling concerning whether or not Antigua-based online casinos are legal in the US. What that all means is that American players who had money in BetOnSports accounts are unable to get it. Back before the US shut them down, of course, players could easily get their winnings out (if they had any). So, it's only after the US stepped in, officially to "protect" these players, that those players found their money no longer available to them. Nice work.
Labels:

Comments

Post a Comment

Popular posts from this blog

Insulin Resistance- cause of ADD, diabetes, narcolepsy, etc etc

Insulin Resistance Insulin Resistance Have you been diagnosed with clinical depression? Heart disease? Type II, or adult, diabetes? Narcolepsy? Are you, or do you think you might be, an alcoholic? Do you gain weight around your middle in spite of faithfully dieting? Are you unable to lose weight? Does your child have ADHD? If you have any one of these symptoms, I wrote this article for you. Believe it or not, the same thing can cause all of the above symptoms. I am not a medical professional. I am not a nutritionist. The conclusions I have drawn from my own experience and observations are not rocket science. A diagnosis of clinical depression is as ordinary as the common cold today. Prescriptions for Prozac, Zoloft, Wellbutrin, etc., are written every day. Genuine clinical depression is a very serious condition caused by serotonin levels in the brain. I am not certain, however, that every diagnosis of depression is the real thing. My guess is that about 10 percent of the people taking ...
5 comments
Read more

Could Narcolepsy be caused by gluten? :: Kitchen Table Hypothesis

Kitchen Table Hypothesis from www.zombieinstitute.net - Heidi's new site It's commonly known that a severe allergy to peanuts can cause death within minutes. What if there were an allergy that were delayed for hours and caused people to fall asleep instead? That is what I believe is happening in people with Narcolepsy. Celiac disease is an allergy to gliadin, a specific gluten protein found in grains such as wheat, barley and rye. In celiac disease the IgA antigliadin antibody is produced after ingestion of gluten. It attacks the gluten, but also mistakenly binds to and creates an immune reaction in the cells of the small intestine causing severe damage. There is another form of gluten intolerance, Dermatitis Herpetiformis, in which the IgA antigliadin bind to proteins in the skin, causing blisters, itching and pain. This can occur without any signs of intestinal damage. Non-celiac gluten sensitivity is a similar autoimmune reaction to gliadin, however it usually involves the...
19 comments
Read more

Blue-blocking Glasses To Improve Sleep And ADHD Symptoms Developed

Blue-blocking Glasses To Improve Sleep And ADHD Symptoms Developed Scientists at John Carroll University, working in its Lighting Innovations Institute, have developed an affordable accessory that appears to reduce the symptoms of ADHD. Their discovery also has also been shown to improve sleep patterns among people who have difficulty falling asleep. The John Carroll researchers have created glasses designed to block blue light, therefore altering a person's circadian rhythm, which leads to improvement in ADHD symptoms and sleep disorders. […] How the Glasses Work The individual puts on the glasses a couple of hours ahead of bedtime, advancing the circadian rhythm. The special glasses block the blue rays that cause a delay in the start of the flow of melatonin, the sleep hormone. Normally, melatonin flow doesn't begin until after the individual goes into darkness. Studies indicate that promoting the earlier release of melatonin results in a marked decline of ADHD symptoms. Bett...
Post a Comment
Read more