Gamble Craft
Home Tutorial Online Casino Reviews Best Online Casinos Casino Software Casino News

Online Casino Gambling --- Casino News

Offshore Prosecution for Online Casinos

Taking a business offshore is one of the key ways that the online casinos are able to effectively run within illegal gambling markets. The US in particular is a good example of how an offshore internet gambling company still has access to an illegal or closed gambling market. Because of the big money that is available in the US market a lot of companies and individuals are reluctant to lose this potential revenue stream. In fact, some are so reluctant that they are willing to live as ex-patriots in the Caribbean and other countries that do not have a relationship with the US authorities just for an opportunity to tap into the lucrative online casino gambling industry. Living as an ex-pat though has very real drawbacks – in some cases you can never come back.

Ex-patriots who have chosen to violate US law and operate illegal online casinos are often choosing to permanently leave the US and any US allied countries. This is most notable in the BetonSports case; although this internet betting company had issues far more serious than violation of the UIGEA, the founders of the company found out the hard way that you just can’t avoid extradition to the US. The executives and founders of illegal online casino gambling sites operating in the US now have to consistently consider their flight plans to ensure no unplanned layovers or emergency landings in the US, and they other executives and employees may not even know if they are wanted by the US government since the majority of the arrest warrants are sealed.

So although operating an offshore online casino gambling site seems like a positive idea because of the sheer monetary gain and potential for huge profits, it may very well mean that Americans can never again step foot on home soil unless they are ready to face possible arrests and prosecution. The same goes for foreigners who are operating these illegal gambling sites, there is no telling how far the DoJ plans to go with the prosecution to stop illegal online gambling.

Hot Topics: Slots | Roulette | Video Poker | Craps | Russia
c 2007 Gamblecraft Online Casinos - E-mail: contact@gamblecraft.com