Sportsbooks in Costa Rica

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  • #181318
    happygirl
    Member

    Right on Vegasknite. I am Canadian, and I love the US, where I have many friends and relatives living. I love Canada too, and I love Costa Rica. Everyone, please remember that none of this would be going on if 9/11 had not happened, and we should all remember that.
    Never mind why it happened, it did! Thats all I’m going to say on the subject.

    #181319
    vegasknite
    Member

    Thank you happygirl:

    I love Canada and Canadians too. Stay happy and safe.
    Steve

    #181320
    scottbenson
    Member

    Vegas, if it is true that the CEOs of the internet gambeling was only arrested for the violation that was commited with in the U.S. why would it affect them if they are not U.S. citizens or that the companys were not even in the borders of the U.S.? There are many laws commited with in the U.S. that are on the internet that are legal out side of the states that are not targeted.

    You are wrong about the taxation because the U.S. was backed into a corner until they were able to change the laws of online gambeling that were just changed last year. (one of the charges that they are filing agains the CEOs is not paying taxes!) Until than they could not stop the huge online gambeling which was sending billions out side of the country. Do you really belive that they thought it was a moral issue of online gambeling with in the boarders.

    Also you state that “The laws governing internet gaming are federal and state regulations none of which were put into place for tax reasons or to harm Costa Rica’s sport books.” Then why did they arrest the CEOs that were not even citizens of the U.S. or even when the biz were located out of the U.S.?????? These laws were to put inplace to stop the sports books that are places out side of the U.S. borders! This is one of the reasons why prior to the law there was so much publicity in the media about Costa Rica bookies!

    Again my suggestion to the online gambling king pens is to put disclaimers on their site or ban U.S. citizens from participating online!

    You are also wrong about paying taxes from transaction online because now the state of MN is requiring many venders online to pay taxes from purchases made online.

    Regarding the long arm comment, this will come back to bit us in the future in places like Costa Rica if we don’t tred lighly. I was talking to my wife about the issue of ag prices, she used to work for IICA in Costa Rica! http://www.iica.int/ She was a Economist for them and wrote many articals about economics of agriculture. She would firmly agree with me regarding the U.S. able to practicly fix prices since the U.S. was the largest importer of goods.

    You might have my views a little bit distorted regarding the U.S. I don’t belive that the U.S. is the evil of the world like many on this web sit. How ever I do belive that they need to keep their hands inside the boarders when it comes to many things and internet gambling is one of them! I am not a gambler but like I posted before I don’t belive that the people that created the internet wanted the U.S. to say what is right and what is wrong on the net.

    Time will tell and god help the Ticos if CR starts to look like Purto Rico!

    #181321
    Alfred
    Member

    Scottbenson, The fact that taxing transactions on the internet is duly noted. The federal government in the US imposed a moratorium on taxing the internet some years ago, I believe for a 5 year period, and when it was about to expire they extended it for another 5. I don’t know if that period is up. It may have indeed expired. If not, I would think the state of MN is in violation of federal law.
    Having said that, it is only a matter of time till they work out the details to taxing internet transactions. I’m sure other countries will want to get in on this also. Revenue enchancement is not exclusive to the USA. A couple of years ago they were attempting to charge a type of stamp tax on Emails. I guess the USPS(postal service) was losing money on the drop in letters being mailed the traditonal way.

    #181322
    scottbenson
    Member

    Yes, alfred taxation is a huge affect on the internet. I use Vonage for my home phone system. I have to pay a MN tax of 2.32 a month, my question is Why???

    This is a break down my my monthly bill of taxes for vonage.

    Regulatory Recovery Fee $0.99
    Emergency 911 Cost Recovery $0.99
    Sales Tax $2.32
    Federal Universal Service Surcharge $1.89
    State 911 Fee $0.65

    why is the state fee the largest and since vonage is not located in MN why am I paying a sales tax to the state?

    How ever the topic of the post is Sports books and when you read the articles that have been published they all state the issue of unpaid taxes from the bookies. Why do the bookies have to pay taxes to a U.S. goverment if they are not located with in the boarders and if they are not even citizens of the U.S. goverment?

    Edited on Jan 29, 2007 05:32

    #181323
    Alfred
    Member

    Scottbenson, I thought by using vonage the taxes would be eliminated, since they use the Internet to connect the calls, and the Internet is not yet taxed. Amazing! It may be because the calls originate in MN and that is the taxing point. I also assumed the Federal Universal Service charge was dropped. This year we can claim on our IRS return the Fed surcharge on long distance calls, from I think even 5 years or so back. You would think then the surcharge would also be dropped. I guess they get it any way they can. So on top of the $25 for the vonage you have to pay another $7 in taxes. Only about 27% as a guess.
    The reason you pay MN taxes is because you originate the calls in MN. And where you receives goods or services you pay the tax. Not that I like that, but it’s the way they do it.

    With the bookies paying taxes, I don’t really know. It is possible there is a gaming tax, either Federal or state, due when a bet originates in the USA.

    Death and taxes. The only two things you can be guaranteed of.

    #181324
    scottbenson
    Member

    Yes, you are right about death and taxes, how ever again the shuting down of the sports bookies and creating job loss in Costa Rica just because of the North American way is not acceptable.

    Costa Rica lost jobs! The amount of good paying jobs that were lost in Costa Rica from the sports indudustry was damaging. Just because of the pressure from the IRS, Gaming industry and the poor gringos that could not stop gambeling the Ticos have to pay for it!

    Again maybe the bookies should have put disclaimers on their sites restricting the Gringos from playing?

    #181325
    Andrew
    Keymaster

    And we are talking about THOUSANDS of well above average paying jobs here too which is BIG number for such a small country.

    Let’s hope that bradbard is not right with his prediction about the SuperBowl because that will be the straw that breaks the camels back.

    Scott Oliver – Founder
    WeLoveCostaRica.com

    #181326
    bradbard
    Member

    Vegaknite – You haven’t got a clue! Us influences and helps destroy entire economies in other countires not just a ‘business.’

    Anybody read ‘Economic Hit Man’?

    “In his book Confessions of an Economic Hit Man he describes how as a highly paid professional, he helped the U.S. cheat poor countries around the globe out of trillions of dollars by lending them more money than they could possibly repay and then take over their economies.”

    #181327
    vegasknite
    Member

    Brad I have a lot more than a clue I don’t buy into the same conspiriacy theories or printed fiction. I had said the US intelligence community has done and does do things to influence other countries. I am not livging in fantasy land I know the negatives and I know the positives the US does. Just as all the other misinformation on this thread about how the US is picking on Costa Rica’s sports books. First of all Costa Rica sport books have violated US laws and that is where there criminal charges stem from and they are only being enforced on US soil. I don’t know of one arrest in Costa Rica by or on behalf of the US government. And for the last time the crimes commited have nothing to do with a non payment of US taxes. Allegations not supported by facts are being thrown around here that the US government is sitting on the sidelines waiting to take jobs and money out of costa ricans mouths. This is just another lie. But as you anti american conspiricy theorists which to continue with lies and misinformation is as bad as all the crimes you accuse the US of. I will not respond to your anti american lies any further I have learned by reading other threads on here that the majority of members see through the likes of you all anyway. That’s enough for me. God Bless The USA and Costa Rica To all you haters try taking a good dump so you won’t be as full of crap as you have been. Good bye!!!!

    #181328
    vegasknite
    Member

    Yes they should have not accepted wagers from the US because it is against the law just as selling drugs is against the law The US didn’t take one Costa Rican Job the Costa Rican economy couldn’t sustain the sport books on their own so they closed. If a drug lord opens up a dealing operation via the internet in Costa Rica and hires and pays these same people top paying jobs should the US get blamed when their owners go to jail and the companies close for the loss of the same Costa Rican jobs. If you want to state that this is about taxes please provide one bit of documentation other wise don’t spread any more of your anti american lies.

    #181329
    bradbard
    Member

    Not a brilliant analogy is it VegasSnot?

    Dealing in hard drugs is illegal in both Costa Rica and the USA.

    Sportsbooks that take online bets from US citizens are NOT breaking any Costa Rican laws and online gaming in the USA is legal.

    “In spite of relentless controversy concerning the legality of online gambling within its borders, the United States leads the world in the number of online players, represent more than half of the overall market. According to Christiansen Capital Advisors LLC, 51% of the $8.5 billion in online gambling revenues are generated from within the United States.”
    http://www.gamblingplanet.org/history_main.php

    So online gaming is legal in the US and it is legal in Costa Rica but since the US cannot get it’s dirty hands on it’s fair share, it is has been made illegal to do it in Costa Rica from the US.

    As for taxes… Why don’t you take a look at our Department of Justice website before you embarass yourself more?

    http://www.usdoj.gov/opa/pr/2006/July/06_crm_443.html which says “The indictment also alleges that Kaplan failed to pay federal wagering excise taxes on more than $3.3 billion in wagers taken from the United States and seeks forfeiture of $4.5 billion from Kaplan and his co-defendants, as well as various properties.”

    And you are wrong! When the US arrests David Carruthers, a British citizen and the CEO of BetOnSports, a London Stock Exchange company which then shuts down operations in Costa Rica, then the US is most definitely responsible for the loss of jobs in Costa Rica.

    The Economic Hit Man has become a national bestseller—landing on 20 national and regional bestseller lists, including: The New York Times, The Washington Post, The Wall Street Journal, USA Today, The Los Angeles Times, The San Francisco Chronicle and The Denver Post

    Is the author John Perkins for real? See for yourself at http://www.economichitman.com/pages/backstorypages/veracity.html

    And what part of my posting would you consider as “lies?”

    #181330
    scottbenson
    Member

    hmmm,

    “The charges are the result of a joint investigation by Internal Revenue Service Criminal Investigation and the Federal Bureau of Investigation.” as stated in the documents from the above link

    I guess its not all about taxes?

    I just wonder if someone opens up a shop for online gambeling in Costa Rica with disclaimers and no advertising in the United States if that would be profitable? Maybe not as much as the last bunch of guys but probley enough to make a nice living!

    Edited on Jan 30, 2007 16:06

    #181331
    vegasknite
    Member

    Brad: A little knowledge is dangerous Yes internet gaming is legal in the US but not between states the internet gaming is approved within the stae that had legal gambling Facts not misquotes. But then again someone who must stoop to name calling is expected to also lie. I never said illegal drugs how about is the internet company in Costa Rica is selling drugs via the net that require a prescription in the US but not in CR you can twist you can lie you can say what you will those who check will see you are just full of hate same as you have chosen to now have towards me with you name calling and such. Brad I wish you luck in you disproving my comments but you can’t so have at it and keep the name calling coming amd all the other signs of ignorance and stupidity. Keep hating and you will never enjoy life but that’s OK its your life.

    Scottbenson: The IRS may have been a part of the investigation they follow the money but I see you didn’t mention what the full charges were. Yes they have a tax liability since the did accept illegal gamimng wagers if they wish to not pay the taxes return the wagers. Anyone that earns money illegally in the US will also be charged with not paying taxes on their illegal earnings this dates back to the manor that Al Capone was charged for tax evaison it is the easiest charge to prove and the hardest to defend against.

    Edited on Jan 30, 2007 17:27

    Edited on Jan 30, 2007 17:33

    #181332
    vegasknite
    Member

    Why do stupid people stoop to name calling instead of dealing with subject matter and facts. Is it frustration that they can’t bully people. I dispise this behavior I prefer dealing with adults who can debate facts and even agree to disagree. Yet with the haters on here that is never going to happen. Too much hate and anger and it comes out displaced. I wonder if you are enjoying your life with all this anger. In the end I truly do not care about the haters. Keep up the personal attacks if you must or better yet get a dictionary and expand your vocabulary when that’s done get back to me. It will be nice to debate apposing views with someone with original thoughts and the ability to interact with an adult with the tools to disagree

Viewing 15 posts - 16 through 30 (of 50 total)
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