AGA asks DOJ to stamp out illegal sportsbooks

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  • jjgold
    SBR Aristocracy
    • 07-20-05
    • 388179

    #106
    Lets end thread

    Every pioneer book about 15 from 20 years ago is still here and business is very good
    Comment
    • KVB
      SBR Aristocracy
      • 05-29-14
      • 74817

      #107
      Yes, let's end the offshore books discussion.

      After all, SBR speaks to the US bettors now.

      lmao

      You can't stop it Gold, you can't stop us.

      Offshore more important to the savvy US bettor than ever before. The gov'ts and leading lobbyists just see dollar signs, they have no idea what they are facing and the type of money movement that floats around, some of which they are causing themselves.

      Comment
      • KVB
        SBR Aristocracy
        • 05-29-14
        • 74817

        #108
        The biggest market leading bettors and groups move money in the US already, nothing to change there. They will use foreign arms to remain legal around the world.
        Comment
        • TheMoneyShot
          BARRELED IN @ SBR!
          • 02-14-07
          • 28672

          #109
          Originally posted by KVB
          The biggest market leading bettors and groups move money in the US already, nothing to change there. They will use foreign arms to remain legal around the world.
          I'm still trying to figure out the 5D exit with USA clients? Yes, I know they wanted to apparently "come clean" so they had a shot at being legal in the USA... but where the hell are they??? And was it even worth it coming clean???
          Comment
          • KVB
            SBR Aristocracy
            • 05-29-14
            • 74817

            #110
            Coming clean did make them eligible to business in the US but coming clean because they wanted to do business in the may not have been a valid rumor.

            Tony's wife ratted out some, settled and paid the fines to help the DA, and she said at the time it was to hopefully re launch into the US, she said it herself.

            But I think she was feeling the heat of an ongoing criminal investiagtion into Tony's operations and needed to prove she wasn't guilty of any of it and that her company isn't guilty either.

            She reached a deal with prosecutors, the PA courts, etc, and in that deal she pointed to some of the guilty. So she may have in fact been saving her own ass and we don't know about it.

            Re opening and re branding? Yeah, we'll see.

            More like saving her ass and the company's ass.
            Comment
            • captrobey
              BARRELED IN @ SBR!
              • 09-02-10
              • 34381

              #111
              Originally posted by KVB
              Yes, let's end the offshore books discussion.

              After all, SBR speaks to the US bettors now.

              lmao

              You can't stop it Gold, you can't stop us.

              Offshore more important to the savvy US bettor than ever before. The gov'ts and leading lobbyists just see dollar signs, they have no idea what they are facing and the type of money movement that floats around, some of which they are causing themselves.

              If they would offer something better i would play more USA books. But every deposit i basically can get between 50-100% way better lomits offshore. If Caesars or MGM would do what the casino Avi did out west years ago and give you free rooms and stuff i would Love that. We went and flew out there and we got free 3 night stay and covered all food. That was worth playing in casino. But they do nothing like that .Lets see Caesars gives you a whopping $5 bet MGM bet $50 casino get a $10 sports bet . Big whoop.
              Comment
              • jjgold
                SBR Aristocracy
                • 07-20-05
                • 388179

                #112
                I have 11 pa books

                Have zero use for any

                The perks and odds way better offshore

                This is the real usa issue
                Comment
                • jjgold
                  SBR Aristocracy
                  • 07-20-05
                  • 388179

                  #113
                  They were forced out or wife going to jail 50 years

                  Paid massive fine too

                  They were never coming to usa
                  You cannot with criminal ties



                  Originally posted by TheMoneyShot
                  I'm still trying to figure out the 5D exit with USA clients? Yes, I know they wanted to apparently "come clean" so they had a shot at being legal in the USA... but where the hell are they??? And was it even worth it coming clean???
                  Comment
                  • wombat
                    SBR MVP
                    • 11-23-20
                    • 1022

                    #114
                    For those that are saying the US will end crypto, that is not happening. That's like saying the US will end the internet. In this battle for technology, no country wants to be left behind so criminalizing crypto is like trying to end the internet. You are putting your country years behind fintech if you don't embrace cryptocurrency.
                    Comment
                    • Brock Landers
                      SBR Aristocracy
                      • 06-30-08
                      • 45359

                      #115
                      Originally posted by jjgold
                      I have 11 pa books

                      Have zero use for any

                      The perks and odds way better offshore

                      This is the real usa issue
                      4 months ago you were touting US books as the greatest thing since sliced bread. Now they're shit.

                      Which is it Dickie??
                      Comment
                      • DontTailMe
                        SBR MVP
                        • 03-24-19
                        • 2897

                        #116
                        Originally posted by KVB
                        Coming clean did make them eligible to business in the US but coming clean because they wanted to do business in the may not have been a valid rumor.

                        Tony's wife ratted out some, settled and paid the fines to help the DA, and she said at the time it was to hopefully re launch into the US, she said it herself.

                        But I think she was feeling the heat of an ongoing criminal investiagtion into Tony's operations and needed to prove she wasn't guilty of any of it and that her company isn't guilty either.

                        She reached a deal with prosecutors, the PA courts, etc, and in that deal she pointed to some of the guilty. So she may have in fact been saving her own ass and we don't know about it.

                        Re opening and re branding? Yeah, we'll see.

                        More like saving her ass and the company's ass.
                        It was more than a rumor. 5D's own press release stated that was the reason. But it was an obvious lie and cover story from the beginning. The wife saw an opportunity to get the feds off her tail, pay a relatively small fine, and keep the bulk of their fortune. The fact that she's square with the DOJ doesn't change anything about their status as unfriendly actors who gained untaxed revenue from all 50 states over a couple decades. The chances of them getting a license anywhere in the USA when there are dozens of legitimate businesses vying for them are slim to none, and they know it.
                        Comment
                        • CrazyCarl
                          SBR MVP
                          • 10-09-11
                          • 1437

                          #117
                          Originally posted by themike78
                          Why? For what reason exactly?
                          A lot of the offshore books run out of costa rica. My post wasn’t that serious.
                          Comment
                          • Optional
                            Administrator
                            • 06-10-10
                            • 61574

                            #118
                            Originally posted by wombat
                            For those that are saying the US will end crypto, that is not happening. That's like saying the US will end the internet. In this battle for technology, no country wants to be left behind so criminalizing crypto is like trying to end the internet. You are putting your country years behind fintech if you don't embrace cryptocurrency.
                            North Carolina regulations specifically approve Crypto payments for betting.

                            Once the big brands see if that attracts offshore money to them I am guessing it will spread nationwide.
                            .
                            Comment
                            • pimike
                              BARRELED IN @ SBR!
                              • 03-23-08
                              • 37140

                              #119
                              Originally posted by jjgold
                              They were forced out or wife going to jail 50 years

                              Paid massive fine too

                              They were never coming to usa
                              You cannot with criminal ties
                              Exactly
                              Comment
                              • MalikHusam
                                SBR MVP
                                • 09-07-16
                                • 2685

                                #120
                                Originally posted by Optional
                                North Carolina regulations specifically approve Crypto payments for betting.

                                Once the big brands see if that attracts offshore money to them I am guessing it will spread nationwide.
                                So if everyone is paying taxes on crypto, how is having crypto in a legal book (that charges -115 instead of -105 offshore on major sports) useful in any way?
                                Comment
                                • KVB
                                  SBR Aristocracy
                                  • 05-29-14
                                  • 74817

                                  #121
                                  Don't use crypto to avoid taxes.

                                  When it's all said and done of course crypto will survive, but those using it to evade taxes won't.

                                  They are the real target here.

                                  Don't use crypto to evade taxes.

                                  Not anymore, those days are gone.
                                  Comment
                                  • DontTailMe
                                    SBR MVP
                                    • 03-24-19
                                    • 2897

                                    #122
                                    Originally posted by MalikHusam
                                    So if everyone is paying taxes on crypto, how is having crypto in a legal book (that charges -115 instead of -105 offshore on major sports) useful in any way?
                                    It's not, really. I guess the hope is that since offshore players already have at least some of they're bankroll in BTC, then maybe they'd be more inclined to send some of it to a legal which accepts BTC. Seems kind of dubious to me. If I deposit at a legal book, it's because I see a good reason to play there, not because they have a bitcoin address. I can always figure out how to fund them.
                                    Comment
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