Gambling Ban coming soon to Canada? wtf
 

here's an email i got from Firepay today...

bow down to the USA :Oh crap

that rocks, the sooner the better.

wow that would suck so much
dammit

This is the first I've even heard of "firepay"

I doubt the policy changes of one company are a good indication of what an entire country will do.

Canada has always been online gambling friendly, and I know that if people want to gamble they are going to find ways to do it, period.

why the heck a country would even consider a ban is beyond me.. imagine loosing billions of dollars in taxes from consenting adults doing what they want with their money..

you can ban all fun, but people are still going to drink, gamble, get hookers and find porn.. heck.. tax it

thats the whole reason for the ban no?
the goverment doesn't have thier hands in the online gambling cookie jar

...

after the us government stole the "lottery" from organized crime and started making billions thats why the countries want to ban online gambling.the government wants control..

You can't lose what you never had.

after, the governments will open their own poker sites lol

:(

How would the Canadian gov't be loosing any money on taxes? Online casinos generally aren't based in Canada, and winnings aren't taxable here.

Yup.....

porn ban coming to canada

Effective February 21, 2007, Cock and balls pay (www.Cockandballspay.com) will no longer allow Canadian consumer payments to online pornmerchants.

Effective February 28, 2007, Cock and balls pay (www.Cockandballspay.com) will no longer allow Canadian consumers to receive payments from online porn merchants.

All Canadian Cock and balls pay account holders will continue to be able to make purchases and receive payments from non-porn online merchants, as well as to "Deposit From" and "Withdraw To" their Canadian bank account.

Click here for a listing of non-gambling merchants that accept Cock and balls pay: http://www.Cockandballspay.com.com/_stores/default.asp

For any questions regarding these deadlines or this policy, please email [email protected].

Sincerely,
Cock And Balls Pay
[email protected]

I think alot of it is brick and mortar based casino putting pressure on the politicians. They do pay a shit load of taxes and online gambling cuts into their profits.

right on exactly what happened in the good ol USA

canada thou hasnt made any serious mention of this yet

Im a dummy, Im thinking what a terrible name for a payment company lol

Lol, care to explain to us all who is paying those gambling taxes you elude to?

Now what I dont understand why didnt the land based casinos get into online gambling. I personally would feel more comfortable gambling with Caesars online or MGM online, then some online casino on a island out of government reach.

Me...

When you win over a specific amount in a "brick/motar" gambling facility you must fill out a taxation claim form before you get paid. Some will even deduct the tax right then and there if you chose.

Only in America....

Um, he was referring to adults gambling online and the effects if Canada passes an online gambling ban.

firepay is big

This is FUCKED!

The government runs "Legal" gambling in the form of lottery.

How hypocritical is that?:mad:

hella hella gay

Firepay is big and has been around for a long time, similar to Neteller.

why would you feel more comfortable?

they still take everyones money

Online Gambling is alive and well.

Every Casino, Sports Book, and Poker Room I deal with is still taking US players. They are all working on other processing methods.

Online Gambling is not going away.

Check out http://www.gamblingboard.com

Whatever. I've never seen any firepay threads on this or any other wm board, they obviously aren't "big" in this business.

And my main point stands... that I don't see them being "big" enough to represent government policy in Canada.


So I'll see your "they're big" and raise you a "Pffffft!" :D

Welcome to the nanny state I also live in one! Its super cool the government is always looking out for my well-being making sure we can't hurt ourselves and don't live our live in such a way they disapprove of.

thats retarded!
when they passed the law to ban online gambling, firepay had to let go a shit load of employees
now if they pass a law for canada
firepay is done!

Online Gambling is alive and well. :thumbsup

http://blog.ixgames.com/graphics/Bush-Idiot.jpg


:pimp

the biggest sportsbook for serious big time players just closed down all american customers... check out www.pinnaclesports.com ...

income isn't taxed in canada? Course it is.. you withdraw cash from an online casino or bookie you have to pay taxes on it.. or else I'd move my operations over there asap

lol in canada we dont pay taxes on winnings made from gambling

oooookey? that would be the only country on the planet I know of..

Guess you do.. had to google it:

Profits derived from bookmaking or from the operation of any
gambling establishment (carried on legally or otherwise) constitute
income from a business. In addition, an individual may be subject to
tax on income derived from gambling itself, if the gambling activities
constitute carrying on the business of gambling; see the decision of
MNR v. Morden, (1961) CTC 484, 61 DTC 1266 (Ex. Ct.). The issue of
whether or not an individual's activities are such that he or she can
be considered to be carrying on a gambling business is a question of
fact that can be determined only by an examination of all of the
circumstances and the taxpayer's entire course of conduct. Although no
one factor may be conclusive, the following criteria should be
considered in making the determination: (a) the degree of organization
that is present in the pursuit of this activity by the taxpayer,
(b) the existence of special knowledge or inside information that
enables the taxpayer to reduce the element of chance,
(c) the taxpayer's intention to gamble for pleasure as compared with
any intention to gamble for profit as a means of gaining a livelihood,
and
(d) the extent of the taxpayer's gambling activities, including the
number and frequency of bets.
http://www.cra-arc.gc.ca/E/pub/tp/it...it334r2-e.html

Because one has a license with strict regulations and one doesnt.

i guess, but the risk still remains...... ;)

That's exactly what happened. They listened to the lobby groups instead of thinking for half a second and realizing they could have made shit loads if they taxed it instead.