Mutt

i shake my head and shudder when i think of the millions of people who will gamble real money in an online casino - the vast majority are in the Carribean, there ain't shit you can do if you get ripped off, you have no idea if the games are rigged.

I used to read a sports board that had a forum for online sports betting and casinos, pages and pages of people telling horror stories of how they got fleeced.

Sometimes guys on this board say they own casinos. This baffles me, you can't legally own an online casino and live in the United States. They put the first big online sportsbook guy in jail, he had the best lawyers, his whole operation was in Costa Rica or Antigua, but he still resided in New York.

What countries is it legal to own a casino in and if it is legal do you have to be licensed by the government ? I think i saw that Australia was licensing online casinos.

I think the U.S. government has got to chill out and accept the fact that people are gambling and like it online so better to let American companies get their piece of the pie. All the American gambling giants are dying to get online.

I also think there was a legal precedent set when somebody charged back big online gambling losses. I guess that's why the casinos now use all those Epassporte type things so it's tougher to charge back. I would definitely not trust a casino who let me use a credit card without me faxing or mailing a signed agreement.

Are there companies in Costa Rica etc that will set up a presence down there and get you set up in biz legally, at least legally with the Costa Rican goverment?

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