Tuesday, June 22, 2010

[vpFREE] Re: Watanabe lawyer challenges use of bad check law to collect gambling debts

> It is. It's basically just good ole fashion stealing --
> taking goods or services without actual payment.
>
> That, however, isn't the issue. The issue is the treatment of a gambling debt as a crime, which is a far cry from writing a bad check. Presumably a casino has agreed to loan the gambler the money he/she lost to go into debt. That's not stealing that's defaulting on a loan, which happens all the time all over the country.
>

Now I don't profess to be as smart as most of the folks that post here, but isn't non-payment of a gambling debt a loss of revenue for the State of Nevada as well? The State does take their cut off the top, right? Does the state loose revenue if a gambling debt is not paid? Can the casino claim that as a deduction from revenue? I would think so- and if so, then they have the right- no I'd say the obligation- to pursue such debts, just as they would a business that does not pay their fair share.

But, perhaps I'm wrong and the State of Nevada's primary source of revenue is not the gambling tax......

Just thinking out loud- I might be wrong.

Thanks, Lee.

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