Oh Canada!
Interesting, we have one amazing test of the rules, morals, limitations of an expanding cyberspace, and the application of laws
and justice , the wheels of which haven't got set on a clear track governing it! Gambling software and PORNO-picts(oooh that's sooo bad!) and the ones most successful at it, were the most logical target. Given all the scams in the world, "the obvious" are the one's
for the authorities to prosecute first!
Illegal betting on the Net makes for good press for the prosecuters and lawyers, and will be used to make a larger case of the evils of Gambling etc.(which is true, just look at online trading! LOL!)
The questions about the juristictions and laws governing the location of servers and the placing of bets, will be very much at the heart of the issue, like your recieved legal opinion states..
There's trouble in River City, tonight!
Illegal gambling outside the net? HUGE! Prostitution: HUGE!
Selling ARMS in KOSOVO before & after the war=HUGE... and everywhere else on the planet= HUGE! A very interesting case... if charges are filed ... which is sure to insue. and from an investment stand point, either swift and painless with the halt by SEC(possible) or continuing operations and trading, which will precipitate an eventual grid-lock struggle between longs and shorts... but at what trading range, now that will be interesting!
OT: Just heard a story on the News recently, that the Russian Mafia
was suspected of laundering up to $4 billion dollars thru a large($70bil dollar) Financial institution in New York. All done
over a period of just a few short months in a few thousand transactions , FROM A PRIVATE ACCOUNT....and
only raised one red flag, with that bank! LOL!
***i'm sure they will have a good reason as to why it got overlooked..
Need to go see a movie tonight, and i don't feel all that well about the profits from today..
happy trading?
2MAR$ |
