Quote:
Originally Posted by BCOURTNEY
You might look into the laws in Nevada, I think they legalized Nevada based wagering syndicates a few years ago? Might be of interest if the collective has permanence.
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Good idea. They were never actually illegal, but the GCB (not to be confused with the Gambler's Book Club) determined that rules were needed for "Betting Hedge Funds."
I actually intervened for a friend/client who got pretty ripped off by one about a decade ago (before there were rules). I was shocked to find that, since there were no rules, the GCB refused to get involved.
