Sunday, January 21, 2007

Department of Justice Issues Subpoenas To Banks Worldwide To Hand Over Online Gambling Related Materials

US Gaming Probe Rocks Top Banks

Early Effects of NETeller Leaving the U.S. Market per PokerSiteScout

But you know, don't worry. This is all going to blow over. There's no way the Department of Justice will ever get serious about enforcing all of this, plus there's too much money to be made, so the poker sites and transaction processors will figure this whole mess out and everything will continue to skip along merrily.


Anonymous said...

Amusing that our government is more concerned about shutting down online gambling than al-Qaeda. Did I say amusing? I meant appalling.

Anonymous said...

I just read your exchange with Matt Maroon, also with some amusement. He seems to be ignoring the not-inconsequential power of the US government to strangle whatever forms of commerce they don't like. It won't matter much of ePassport is determined to stay in the game if US banks refuse to send them money out of fear the D.O.J. will crucify them for a stray ACH.

Sure, the drug trade is flourishing...with over a million people in prison on drug charges and prices on drugs probably about 1000x higher than it costs to manufacture them. Yeah, that's the paradigm we should be shooting for.

ScurvyDog said...


In retrospect I felt a little bad for continuing to poke Matt with a stick, as we all declaim things in blogs and what-not, with much authority, that don't turn out to be the case at all. Jebus knows I've done that here and I wouldn't really want someone holding my feet to the fire over it.

Who knows, he may be right. We're all just guessing now, to a large extent. I think he may be letting other factors color his judgment, such as hoping against hope that any rakeback money he gets remains intact, but again, that's just me guessing, and I'm a pretty terrible guesser most of the time.

Although I did find it pretty amusing that his definitive last word on the subject (which somehow morphed into his defense of certain inalienable human rights) was to quote the Declaration of Indpendence (a quasi-legal document drafted a little over 300 years ago) as definitive proof that certain human rights have existed since apes descended from the trees, and will always exist and be reocgnized as such, apart from any legislation codifying them.