The Offshore Wire Forum > Offshore Gambling Information > Offshore Sportbooks > What if...... |
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TOW
Founder

      
Date Joined Mar 2005
Total Posts : 1214
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Posted 4/13/2005 11:20 AM (GMT -4) |
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What if the U.S. Legislator would make a 180 degree turnaround on the gambling issue and open its doors to onshore business ? Would you be likely to play onshore ? Would offshores suffer from this move ? |
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drunkguy
Registered Member

      
Date Joined Mar 2005
Total Posts : 848
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Posted 4/13/2005 2:11 PM (GMT -4) |
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taxes would be a big consideration. No way a US company would be able to hang -105 or a dimeline, let alone comeptitive prices on props, etc
Competition would be too cutthroat to keep profit margins high, but with the govt taking a slice, would also suck away value from the player side
However, I think it would seriously dent offshores, in that recreational players will prefer to play with "safe" corporate books in the US |
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raiders72001
"El Sombrero"
       
Date Joined Mar 2005
Total Posts : 738
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Posted 4/14/2005 3:30 PM (GMT -4) |
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Depends on taxes, amount of money you play for and lines imo. |
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VisorMan
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Date Joined Apr 2005
Total Posts : 20
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Posted 4/15/2005 9:56 PM (GMT -4) |
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I have a feeling it is going to be legalized soon since rhode island would love to legalize sports betting!  |
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Concorde
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Date Joined Mar 2005
Total Posts : 40
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Posted 4/16/2005 3:50 AM (GMT -4) |
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It all depends on who will be the next pope. |
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