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Re: Crystalballz post# 164691

Sunday, 07/18/2010 8:21:27 AM

Sunday, July 18, 2010 8:21:27 AM

Post# of 375420
USMCBULLDOG- I dont know if Laws/Statutes are in place for what you do with "winnings" as much as how they are in place for how you "win" it in the first place... buy feel free to RE-READ the letter that has been brought to my attention, I get a kick out of it...

In fact, here I'll just make it easy and quote the finding for ya :)

Federal law currently provides:

Whoever being engaged in the business of betting or wagering knowingly uses a wire communication facility for the transmission in interstate or foreign commerce of bets or wagers or information assisting in the placing of bets or wagers on any sporting event or contest, or for the transmission of a wire communication which entitles the recipient to receive money or credit as a result of bets or wagers, or for information assisting in the placing of bets or wagers, shall be fined not more than $10,000 or imprisoned not more than two years, or both.[2]


http://www.loundy.com/CASES/Florida-AGO-95-70.html



again could be wrong, could be dinosaur law, but looks clear to me until shown otherwise what transpired on that CC is interestingly close to say the least

imo


Si vis pacem, para bellum

("If you wish for peace, prepare for war")