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You gamble, they winThe world’s wealthiest also continue to find new ways to make money. Consider the appearance of online gambling tycoons. PartyGaming, the company that operates the popular PartyPoker site, went public in London last June, turning three of its founders into billionaires overnight. Among the three is American Ruth Parasol, the list’s only new self-made woman.Canadian playboy Calvin Ayre went down to Costa Rica a decade ago and began taking bets over the Internet. Most of his revenue comes from the U.S., where online gaming is illegal. Now he too is a billionaire, and one, at least so far, beyond the extraterritorial reach of the U.S. law enforcement and tax authorities.http://moneycentral.msn.com/content/invest...82.asp?GT1=7922

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You gamble, they winThe world’s wealthiest also continue to find new ways to make money. Consider the appearance of online gambling tycoons. PartyGaming, the company that operates the popular PartyPoker site, went public in London last June, turning three of its founders into billionaires overnight. Among the three is American Ruth Parasol, the list’s only new self-made woman.Canadian playboy Calvin Ayre went down to Costa Rica a decade ago and began taking bets over the Internet. Most of his revenue comes from the U.S., where online gaming is illegal. Now he too is a billionaire, and one, at least so far, beyond the extraterritorial reach of the U.S. law enforcement and tax authorities.http://moneycentral.msn.com/content/invest...82.asp?GT1=7922
Jot this down as a failure of our own government to embrace a new trend and make millions in tax revenue off of it. Entrepeneurs will always find away to provide goods and services to high demand. Some of are willing to move out of country, some aren't.
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Which I think raises the obvious question...should we claim overall winnings on our tax returns, assuming it's not such a glaring amount that we would likely be audited?

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Jot this down as a failure of our own government's failure to embrace a new trend and make millions in tax revenue off of it. Entrepeneurs will always find away to provide goods and services to high demand. Some of are willing to move out of country, some aren't.
Would that be a success?
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