Side question on money laundering...
This may sound like a stupid question to most of y'all, but Tim brought up the Internet Casinos concept in one of his statements following-up to the money laundering thread, so I thought I'd ask: Given that even I, in my isolated little backwater of South Louisiana, find myself withing 20 miles of a casino, is it possible that the market is saturating to the point where an internet casino would not neccesarily be a good idea? If there is real anonymous untraceable digital cash for money laundering with, will "real" casinos see their profits decline as digital money sucks away that part of their business? PHil
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Given that even I, in my isolated little backwater of South Louisiana, find myself withing 20 miles of a casino, is it possible that the market is saturating to the point where an internet casino would not neccesarily be a good idea?
Remember that Louisiana is one of the few states that allows casino gambling, and that even there it's limited to gambling boats. There's probably still a market for a net.casio, provided it offers the following benefits: a) ease of access from remote physical locations (so I can play poker from Alabama or Utah), b) easy conversion between casio digicash and a desired government currency,
If there is real anonymous untraceable digital cash for money laundering with, will "real" casinos see their profits decline as digital money sucks away that part of their business?
Tim May & others seem to think that money laundering is a small part of casino business and I tend to agree. Anonymous digicash will definitely make money laundering easier for small-scale users. - -Paul - -- Paul Robichaux, KD4JZG | Out the 10Base-T port, through the router, perobich@ingr.com | over the leased line, off the bridge, past Intergraph Federal Systems | the firewall... nothing but net. Of course I don't speak for Intergraph. -----BEGIN PGP SIGNATURE----- Version: 2.3a iQCVAgUBLbUknyA78To+806NAQEaXgQA0MFWn5miro8Ijs4fntgu9FaCrYCelLbf 718ZhYkoIyrivo7UWonqL9E+YsKOeRsTtpMI6S0Lx+PKvtjgmW+daDHG3G3pdA/S 3sM+1uCgGXYo0J/tKTL3QESCWW2TXqQLae7bmtEmd4nIVlbuBFE+n+2uXiriTTLS xVsq3yqFXfE= =yrbG -----END PGP SIGNATURE-----
participants (2)
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paul@poboy.b17c.ingr.com -
Phil G. Fraering