House Judiciary discusses money laundering in online sports betting through the Professional and Amateur Sports Protection Act of 1992 :
- Online betting uniformity of States law;
- International operations;
- Predictive data in throwing games
There was no discussion regarding loot boxes or recognizing gaming as a sport.
There was non discussion regarding the registration of the corporations, or even if these are foreign corporations, or even if they are Corporate Shape Shifters.
They did make peeps by mentioning intellectual property and intellectual property theft but there was no mention of exfiltration of private and personal data.
Not a peep on campaign finance or the Native American Tribes who have casinos and lobby congress with campaign contributions.
But seriously, I really see no difference between Wall Street and Sports Betting.
Do you?
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| Title Source, Amrock, or whatever the name of the week is to launder money through its "diminutive interests" for the Detroit Land Bank Authority. |
Did you know these onlnie gambling operations can put liens on your real estate, meaning foreclosure, meaning asset forfeiture, meaning redistricting, meaning gerrymandering?
Did you know gambling targets communities of "The Poors" (always said with clinched teeth).
It seems there is a push to privatize through those Public Private Partnerships with the Tribes.
Did you know there are real property financial operations that are connected to casinos?
Former Nebraska Attorney General Jon Bruning laid the smackdown on Wire Act violations going after foreign corporations and international gaming laws, particularly going after children and other criminal activities.
Nevada belted out the ole "tax blues", yet did not present anything about the issues of SAR or other questionable activities within their operations. It focused on the argument of competition, legal v. illegal sports betting.
Legal v. Illegal betting as competition???
Yea. I am still working on that one.
Sensenbrenner crossed over to international betting out the U.K. with betfair.com.
Cedrick Richmond raised issues with using a credit care versus a debit card with customers who hail from "The Poors" (always said with clinched teeth), because that gets into predatory lending, like those payday loans. It also gets into the messy areas of money laundering by wiping out creditor debt through bankruptcy, or quiet title, the latter being the choice of many in Detroit who have acquired properties through the Detroit Land Bank Authority.
I wonder if anyone from the SEC or FinCEN showed up, you know, just to watch everyone, considering the fact it seems Judiciary is having a bit of a communication, public image issue going on right about now.
Nevada's Harris admitted in a word salad that it had no clue about third party applications or programs that allows foreign collection of data but Burnel did. All Nevada had to do was to read the news once in a while.
Roby raised issues with the NAACP and influence of game outcomes. I shall assume she was broaching bribery and blackmail in college sports, but did not have the hutzpah to say it, which is why I just did.
On a side note, I have a history in parimutuel gaming, Off Track Betting (OTB) legislation, unions and all the fraud that went along with it.
Here is my solution:
- Blockchain.
- Expand whistleblower powers for the people.
- Follow the money.
Voting is beautiful, be beautiful ~ vote.©
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