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Our
resident online sportsbooks & offshore sportsbetting
gambling expert, James Johnson, weighs in with his
articles on the status of the online gambling industry
and online sportsbooks. Be sure to check WagerOnFootball.com
every week for his next bit of amazing insight on
the world of offshore and online gambling. This
man knows gambling! This man knows his way around
a few sportsbooks too!!!!
Offshore Sportsbetting - Online
Casino Gambling
Could the chips be down for
US authorities?
US laws prohibiting cross-border gambling break
trade rules, the World Trade Organisation says.
The WTO case was brought by the Caribbean state
of Antigua and Barbuda, host to many of the online
casinos whose use is illegal in the US.
The ruling confirms a preliminary judgement issued
in March.
But the US said it will appeal and - as a last
resort - could activate its right to change the
deal under which it joined the WTO in the first
place.
"This panel report is deeply flawed,"
said a spokesman for US Trade Representative Robert
Zoellick.
An appellate panel will now consider the appeal
over the next few months.
The ruling, written by a three-person panel, says
the US law effectively breaches a 1994 global deal
which liberalises trade in services.
Antigua and Barbuda, whose population is just 67,000,
says it gets as many as 3,000 jobs from internet
gambling.
The business has helped it weather the downturn
in tourism.
The US law - which forbids paying for betting by
means of US-issued credit cards or cheques - is
endangering its economy, it said.
In a statement, the islands' government said it
had won a "David and Goliath" fight, and
insisted it had tried to reach a negotiated settlement
only to be rebuffed five times.
It also quoted a survey suggesting the US was home
to half the worldwide online gambling market.
'Shocking and troubling'
But the US says the ban, based on a 1961 federal
law originally designed to cover telephone bets,
is designed to protect against both money laundering
and the exposure of vulnerable sections of society
to gambling. One often-cited example is stopping
children from running up gambling bills on their
parents' credit cards.
The WTO panel had turned down a request by the
US to use a "public morals clause" in
WTO rules to keep the ban, one trade official told
Reuters.
The rebuff was "shocking and troubling",
he said. Antigua and Barbuda, however, represent
just a small part of the world's online aming.
The Government Accountability Office, until recently
known as the General Accounting Office, has estimated
that there are more than 1,800 internet gambling
operations.
Cryptologic Inc. and Intercasino.com
Bill Scott also known as William "Billy"
Scott is the bookie from Toledo, Ohio and the criminal
who financed Cryptologic Inc. and Intercasino.com
and Sands of the Caribbean as well as many illegal
sportsbooks. He laundered his heroin and other dirty
money by financing Cryptologic Inc. and Intercasino.com.
Today, he still does heavy business with the Russian
Mafia, Cryptologic Inc. and uses their rigged software
under a large number of different names. This is
the perfect method to launder his dirty money, and
Cryptologic Inc. needs him to support the falling
share price of their junk and illegal company, openly
trading on the stock market. Bill Scott remains
in Antigua as a fugitive because he will be arrested
if he returns to the U.S because a federal warrant
has been issued for his arrest.
Bill Scott served time in federal prison for racketeering
and other offences, including six years in prison
for extortion and conspiracy, and he has been heavily
involved with heroin and cocaine trafficking, tax
fraud and illegal gambling. He served another sentence
of two years in federal prison for other offences.
A warrant has been issued for his arrest on felony
conspiracy charges, but he's not about to surrender.
Bill Scott is a member of one of Toledo's best known
racketeering families and he was arrested and jailed
too many times to keep track. Bill Scott's partner,
Butch Wilson, also ended up indicted. Born to first-generation
Italian parents, Scott's father, William whose surname
was Scotti, was a convicted bookie, and his uncle,
Tony Paul Scott, was considered one of Toledo's
most legendary racketeers before his death a few
years ago. The Rivkin brothers, Andrew and Mark
Rivkin, better known as the Russian Mafia, had no
money when they formed Cryptologic Inc. so they
used their junk company to launder Bill Scott’s
drugs and dirty money, and to finance Intercasino.com
and other online casinos trading under various names.
The number one source of revenue for Cryptologic
Inc. is Intercasino.com and Bill Scott the heroin
dealer is heavily involved in these two companies,
and a number of others running the Cryptologic Inc.’s
software under the name of WagerLogic.com WagerLogic.com’s
software is totally rigged, and this was even confirmed
by a licensee. Cryptologic Inc.’s figures
are completely cooked, and if you deduct all the
fraudulent figures, the company will be making a
much bigger loss than the one they officially communicate
to the poor and naïve shareholders.
Harvey Solursh is the father of Jenny Solursh,
the wife of the Russian Mafia, Mark Rivkin. Harvey
Solursh cooked the figures for Cryptologic Inc.
and Intercasino.com and many other casinos owned
by this Mafia family, and he also did the auditing
to keep the secrets in the family. If you are a
player, you should know that every time you give
your credit card details to these crooks, it’s
the same as giving it directly to the Mafia, because
these crooks are the Mafia. If you give them your
e-mail address, you will be sorry because they will
flood you with a huge amount of spam, day and night.
If you are a shareholder in Cryptologic Inc. the
count down is on for these crooks, and you will
be lucky if you don’t lose all your money.
Shareholders have already lost hundreds of millions
of dollars with this Mafia company but it’s
not the end of the story, it’s only the start.
As always Check out my picks
for the best offshore sportsbetting Sportsbooks
and Casinos Online.
NFL
Sportsbooks Ratings Guide
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