I got a fair amount there too. Just requested the max payout for the day and that won't touch my balance hardly. Any danger here?
H S Dude
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I got a fair amount there too. Just requested the max payout for the day and that won't touch my balance hardly. Any danger here?
H S Dude -
I requested a payout as well. It'll be interesting to see if there funds are frozen.Comment -
Historically there is no danger whatsoever. WWTS have been as safe and stable as they come.
As for what this specific story might mean, I would only be guessing. My guess is it won't have much affect on the day-to-day accounting, but that's just a guess.Comment -
"What does this mean"?
It means the Americans have a weak ass government that wants to control every aspect of its citizens life.
I'm so sick of these fat, bald pieced of shit thinking they know whats best and acting like they have to protect us from ourselves,
Next time Congress is all in session at the Capitol Building, thats when these terrorist should do what they do best.Comment -
Got paid my 5k. Time for another.
H S Dude (I need to change my name now, lol)Comment -
ANTIGUA REACTS TO INDICTMENTS OF GAMING OPERATORS
ST. JOHNS. Antiguan government officials reacted angrily today to news that the United
States Department of Justice has released indictments of two Antiguan residents on money
laundering charges related to their operation of an Antigua based and licensed gaming service
provider. The charges, contained in an indictment dated 7 April 2005, accuse William Scott
and Jessica Davis of violating United States anti-money laundering laws through their
operation of World Wide Telesports, or WWTS. Ironically, the allegations hinge on
purported violations by the two of United States legislation known as the “Wire Act” and the
“Travel Act,” the application of both of which to gaming operators from Antigua was found
last year by the World Trade Organisation to be contrary to the American obligations under
WTO law.
Antigua’s Ambassador to the WTO, Dr John W. Ashe, doesn’t see the indictments and
Antigua’s WTO victory to be unrelated. “These indictments, coming down at a time when
the United States is supposed to be undertaking efforts to comply with the rulings of the
WTO, are surely no coincidence. It is more than just a little ironic that the United
States Department of Justice has chosen to single out for prosecution a well-known
gaming service provider from Antigua, a jurisdiction that has been leading global
efforts to license, regulate, supervise and oversee a robust yet clean and safe gaming
industry over the Internet–and the only jurisdiction to take on the United States at the
World Trade Organisation–and win–on this exact issue.”
Under WTO procedures, the United States had until 3 April 2006 to comply with the rulings
of the WTO in the gambling case. Having initially stated that coming into compliance would
involve significant legislative efforts, the United States made a surprise announcement at the
WTO meeting last month that it was already in compliance with the adverse ruling, despite
having taken no apparent corrective action at all. The parties are in the early stages of a
process at the WTO whereby a panel will review the current situation and assess the status of
United States compliance. “We are looking forward to this review process,” said Dr Ashe,
“and we feel very confident that once again the WTO will agree with us that the United
States’ position on Internet gaming from our country is simply trade
discrimination–disguised restrictions on trade in services in violation of the WTO
agreements. In the year since we won our case, facts have only gotten better for
Antigua and worse for the United States.”
The indictments do not allege that Mr Scott and Ms Davis engaged in any money laundering
conduct other than by virtue of conducting the ordinary business of a licensed Antiguan
gaming company, conduct that not only is lawful in Antigua, but much of which is clearly
lawful in the United States as well.
The Antiguan Solicitor General and Chairman of Antigua’s Financial Services Regulatory
Commission, Mr Lebrecht Hesse, announced that the Antiguan government would be
contacting the United States directly to lodge a protest over the latest action of the
Department of Justice. “Coming at a time when Antigua and the United States are
expected to be working together on a reasonable solution to our dispute, these
indictments announced by the Americans yesterday–which I note have been laying
unsealed, in secret, since they were returned over a year ago–are pretty incredible. We
trust that these indictments do not represent the official position of the United States
government and rather represent the work of some over-zealous prosecutor. We look
forward to the US administration’s prompt clarification of this most unfortunate
incident.”
Turning to the subjects of the indictments, Mr Hesse observed as Chairman of the FSRC
“both of these individuals have been through the extensive due diligence process we
subject all major participants in our gaming industry to, and both have been found fit
and proper to conduct this kind of regulated business in Antigua. To our knowledge,
Mr Scott and Ms Davis-Dyett have been law-abiding citizens since coming to this
country some years ago.”
Thanks to our friends at Gambling911.com for the storyComment -
EXACTLY RIGHT!Originally posted by The Great OneComment -
i don't feel anyone will have a problem at all. as mudcat mentioned above, history tells us we should be ok with our money there.
alot of people were worried about bodog just a few months ago, and no problems there at all.Comment -
lmk bud if you want to change itOriginally posted by Hollywood Slowplay Dude
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