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They said they will be discussing it after the commercial break.
Dont know if itll be now on in the next 30 min. -
Just got done watching it. Looks like theyre going after the banks that hold money for online gaming sites including:
HSBC
Credit Suisse
Deutche Bank
I'll put up the link as soon as CNBC puts it up -
I think you'll also find a lot of information by checking out the article below:
http://www.forbes.com/feeds/ap/2007/...ap3348841.html -
From the above article....
"The British government has been strongly critical of the U.S. stance on Internet gambling, with Culture Secretary Tessa Jowell likening it to a new form of the 1920s Prohibition on alcohol, warning that it would drive the industry underground."
...well said! -
Sad that we need to get obvious lessons from our history from other countries. Sad, but true...
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The U.S. is frequently behind Britain when it comes to liberal reforms...for example, the right to vote was given to women in England before it was in the U.S....and look they've already had a lady Prime Minister...while the U.S. is still freaking out that Hilary may run....lol
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Credit Suisse and Deutche Bank need to tell the US Dept of Justice to go to hell. What jurisdiction does the US have over their operations? When big boys like that begin to protest, with possible ramifications for international commerce, then we will begin to see some changes. Until then, I'm afraid we are a small minority.
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i dont think these banks can tell the DOJ to go to hell. it would certainly be nice, but i think they have too much at stake in the US (these banks are huge here) to risk getting in trouble.
tc -
My concern, exactly, GP. In relation to many other markets, the poker market is relatively small and, I fear, expendible. Risk > Reward for the big boys.
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