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Reply To: A take on The Law

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#733581
Anonymous
Inactive
Stupid wrote:
I expected that. :stirpot:

And I place no blame on publicly traded companies with long time land based presence, such as Ladbrokes, Will Hill etc. – their “online” buinsess has never been their main concern, and they would not need the hustle of continuing the operations in the US.

However, if you agree that the law is nearly impossible to enforce, how would you explain the eagerness of the many online-only gambling websites to leave the US as soon as possible???

How would you explain that there are many gambling websites which manage to process payments via checks and credit cards, while so many are leaving the US or just closing down with the excuse of being unable to process payments???

Not to mention that as far as I know, there has not been one single online gambling company charged under this new law, because it simply does not apply to them, as they are legal in their jurisdictions…

It is simple if they are publicly traded they are accountable towards their shareholders, and compliance is taken very seriously.