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  #1  
Old 06-04-2013, 02:39 PM
PatCummings PatCummings is offline
Randwyck
 
Join Date: Jan 2009
Location: DubaiRaceNight.com
Posts: 1,263
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Quote:
Originally Posted by pweizer View Post
This article is truly unbelievable.

http://www.drf.com/news/suffolk-down...-payout-wagers

I live in MA and watch gambling related legislation very closely. My state already does not allow me to write off losses against winnings on the state income tax. However, with Suffolk Downs now about to get a casino and the hope of saving racing in New England with it, there was some reason for optimism.

I would never place a bet in this state as long as this law remains in effect. If that logic starts to apply to my ADW, I will have to give up on betting races altogether.

Paul
Paul, I have read that ADWs are to be in compliance with the rule as well...we'll see. Haven't had the pleasure of experiencing that since it went in place...
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  #2  
Old 06-04-2013, 02:59 PM
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pweizer pweizer is offline
Fairgrounds
 
Join Date: May 2006
Location: Leominster, MA
Posts: 1,599
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Thanks Pat. I have cashed bets for more than $500 and haven't had anything withheld so far. But, if that is to happen, I really don't know how I can stay in the game. The economics are already hard, this would make it impossible.

Paul
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  #3  
Old 06-04-2013, 09:07 PM
Scav Scav is offline
Saratoga
 
Join Date: May 2006
Location: Northwest of The Chi
Posts: 16,012
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Originally Posted by pweizer View Post
Thanks Pat. I have cashed bets for more than $500 and haven't had anything withheld so far. But, if that is to happen, I really don't know how I can stay in the game. The economics are already hard, this would make it impossible.

Paul
Go into a UPS office and get yourself an address there, problem solved.

I know about 5 people that went to Indiana to get one so they could bet horses online here.
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