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Sunday, June 19, 2011

Unlicensed, Unregulated Internet Gambling

Shedding light on failures to regulate and control on-line gambling, David Baines has written a series of revealing articles woth reading --

Baines: Louis Dion's Sync2 goes down the sink, too
Behind-the-scenes promoter presides over another stock market bust
By David Baines, Vancouver Sun


Today we wrap up our series on Howe Street promoter Louis Dion, the key figure behind Vancouver's newest gambling website, iVegas.com.

Why are we writing about Dion? For two reasons.

The first is that iVegas.com takes bets from Canadian residents, but isn't licensed or regulated by any recognized Canadian government authority. I think this is deplorable. These sorts of businesses need to be regulated.

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