| Posted by: zachvac at December 14, 2007, 1:25 am | | Topic: Cleaning up Poker. Forum: Card Chat |
Online poker is already taxed. If you win, you have to pay taxes on these winnings. As for regulation, I disagree that the federal government should be doing anything to interfere with a legitimate business. That's how business works, if people demand safeguards for cheating, they'll demand it, and boycott sites that don't. As it is, everyone would rather play with the risk of cheating than not at all (or put pressure on sites to form some kind of central agency). I don't think it's a huge deal right now. I'm sure some will cheat, but that's going to happen, and I personally am fine with the way it is now. They do have an interest in catching cheaters, because first off they can make an example out of them, and how good their anti-cheating mechanism is, as well as getting to confiscate the money in their account.
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