Here is my point. Big brother here does not want more people going into debt or getting addicted to gambling. Makes no sense. You can consume as much alcohol as you want and CHARGE IT on a card. You can go to your local casino, lose thousands, use you credit card to get the money. You can bet on the horses and in a few states, bet legally on sports etc. You can spend the rent money on the lottery, that seems to be alright.
The examples are endless but I can't bet a few hundred dollars over the internet? A woman can spend thousands of dollars via the internet (credit cards) on clothes but I can't wager $20 on red? I'm venting, work with me fellas.
Ken
Mr J
Big Bother alleges that it is to prevent money laundering in regard to the use of credit cards. But you can bet your bottom Dollar if those cats find a way to tax those transactions then it would become a different story .
That`s it about in a nutshell . Not to forget the casino lobby !!!
N.D.