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San Jose, Costa Rica (PRWEB) July 13, 2006 -- New US Legislation Makes Gaming Operators Squirm
What does this mean for the Internet gaming industry? Ron Z. Mendelson, recognized offshore business & online gaming expert and director of offshoreXplorer.com, explains, "It is even more crucial than ever for online gaming operators to ensure they have properly planned and structured their offshore online gaming business. This is particularly true for US citizens who are involved in the online gaming industry. If the operations are not properly set up they may be able to do nothing except sit by and watch their profits dry up and/or face grand jury indictments."
Setting up an offshore online gaming operation properly is important for a number of reasons. "We knew it was a matter of time before sustainability would become a challenge for businesses that were not offshore," says Mendelson, "Particularly in the gray-area businesses such as the online gaming industry. Now it is a reality."
If you are involved in the online gaming industry, rest assured there are options. Ron Z. Mendelson officially invites every online gaming operator world wide to contact offshoreXplorer.com. "As the foremost experts in the offshore business and financial field, we can ensure they have in place the most protection possible to ensure they remain unscathed by the recent legislation in the US."
About offshoreXplorer.com Established in 1999, privately-held offshoreXplorer.com serves large and small organizations throughout North America, Europe and Asia with incorporation services, establishing offshore trusts, as well as creating offshore companies aimed at protecting assets, and legally reducing annual taxes.
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Now, it's okay to call the league hypocritical when it releases injury reports, which players have told me only helps bettors. And it's okay to mutter something obscene when the league pretends gambling doesn't help drive TV ratings and fan interest and put money in owners' pockets. But when it supports other forms of gaming? Big Deal. The Bears should put an orange "C" on every deck of cards dealt at Harrah's in Joliet; the Eagles should slap their logo on roulette wheels at the Borgata in Atlantic City; the Dolphins should hold training camp at the El San Juan in Puerto Rico.
Seriously.
The NFL's problem, when it comes to the gambling world, isn't hypocrisy, it's worse: The bosses lack vision. That's why the league is picking unwinnable fights in Delaware and taking pot shots from critics after making smart sponsorship deals. Roger Goodell and his gang are acting and thinking locally rather than globally, which is rare for them, especially compared to their professional (and amateur) counterparts.
The NBA held its All Star game in Las Vegas and David Stern's kingdom didn't crumble (although the town did bring plenty of players to their knees.) I'd say it's 6 to 5 and pick 'em that Lebron will make a road swing through Sin City before his career is over.
Even the NCAA College Football Betting is more progressive on this issue than the NFL. Several years ago Rachel Newman Baker, college sports' gambling czar, opened a dialogue with Vegas bookmakers to learn about how they do business. She's visited Nevada sports books, studied their operations and listened to how they regulate action. Now she knows she can expect a call from bookmakers, who lose money when sports are fixed, if they think something sketchy is going on in NCAA games. She's not in favor of sports betting, but, as she once told me, "I know it's not going away, either."
The NFL can't seem to accept that. And until it can find peace with the idea, it'll get flack, even when it's right.
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