Legalize online poker and tax it

Americans spent $16 billion last year on online poker, more than they spent on going to the movies. Poker player and journalist Marc Cooper says the government should legalize, regulate, and tax online poker rather than trying to shut it down. Because like Prohibition, they’ll never succeed.

As for “protecting the public from the [...]

Small bank exec indicted for money laundering. No big banks yet

The vice chairman of SunFirst Bank, a small bank with four branches in southern Utah, was released from jail Monday after surrendering his passport. He will stand trial on federal money laundering charges for using the bank to process money from online poker sites in exchange for a $10 million investment in the bank [...]