My view of the world

In case you missed it, according to an article in the NY Times, the Feds busted David Carruthers, the head of BetOnSports, in the Dallas-Fort Worth International Airport, during a layover on his way to Costa Rica, he was charged with racketeering conspiracy for participating in an illegal gambling enterprise.
The government also filed charges against 10 other people involved with BetOnSports and with three Florida marketing companies that prosecutors say were involved in promoting illegal gambling. Prosecutors assert that under the Federal Wire Act of 1961, the providers and promoters of Internet sports books and casinos are participants in a criminal enterprise.
Sue Schneider, publisher of Interactive Gaming News, an online magazine focusing on the Internet casino industry, said the charges would have at least one major chilling effect on the industry’s officers. “I imagine the number of executives coming through the U.S. on connecting flights will come to a screeching halt,” she said.
BetOnSports is publicly traded in Britain and their stock fell roughly 16% on the news of his arrest.

There’s also a bill that passed the House and is now awaiting a vote in the Senate, that criminalizes, the processing of payments to internet gambling operations by financial institutions, this includes online Poker.
When are those idiots in DC going to figure out that you can’t legislate morality, can you say, Prohibition?