Quote:
Originally Posted by xss127
ok lets say im a sports better like many americans that bet on offshore sites.
so if gov't comes closing down these sites, i will be losing my entire roll there, plus any winnings i might have gotten? and obviously no reimbursements for losses.
lol this is a joke of a compromise. did kyl write everything?
When the DOJ restated their claim in answer to Lederer et al's attempt to take advantage of the Weinstein IGBA ruling, they accused the BF companies of violating the Travel Act.
Under the Travel Act, the status quo is now that the DOJ already has the authority to go after players for unlawful proceeds of interstate gambling.
This bill doesn't make a player on an unlicensed site any more vulnerable than he is right now, now that the DOJ has shown a willingness to use the Travel Act.
This (SDNY/Obama's) DOJ went out of their way to hold players harmless, they would likely continue to do so even under this new bill, but all bets are off if Romney becomes POTUS - whether this bill passes or not, forfeiture of assets traceable to online gambling winnings is already an option.
Under the Travel Act, ALL the money is dirty, the only reason players got money back after BF is that not allowing it would have been bad politics for a liberal administration.
This bill isn't perfect, but the forfeiture feature is not a reason to oppose the bill.