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To: stephenjohnbanker
That and no tax revenue from overseas operations

The IRS collects taxes on your "overseas" winnings. When I cash out of an online casino the bank reports the transaction to the IRS. When I cash out of a stateside casino the government has no way of knowing.
21 posted on 10/01/2006 9:49:17 PM PDT by mugs99 (Don't take life too seriously, you won't get out alive.)
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To: mugs99

I am being educated tonight. I don't gamble, so I am a bit of a neophyte on this matter.

sjb


32 posted on 10/01/2006 10:50:18 PM PDT by stephenjohnbanker (Our troops will send all of the worlds terrorists to hell in a handbasket with no virgins!)
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