Re: Is SatoshiDice illegal?

Quote from: JoelKatz on August 23, 2012, 11:33:37 AM

Quote from: bccasino on August 22, 2012, 04:30:52 PM

Just to let you all know that online gambling is not illegal in the US. Players have nothing to fear from playing at online casinos or poker sites.

On the other hand, owning a portion of a gambling business that violates the laws of any State in which it conducts business is.
http://www.law.cornell.edu/uscode/text/18/1955

Sorry for bringing up an old post but I'm curious if you still hold this opinion that investing in sdice is risky from a legal sense. Do you still think that as an investor in sidice you risk being prosecuted?

On the sdice thread Erik recently replied:

Quote from: evoorhees on March 30, 2013, 04:37:38 PM

Quote from: troc on March 30, 2013, 12:05:17 AM

Thank you for the update Erik. It would also be useful to have some clarity around your (and other owners / operators) residence, visitor and work status with respect to the USA. Could these be considered within the context of :

http://www.wired.com/threatlevel/2013/01/coder-charged-for-gambling-software/
and
http://reason.com/archives/2008/05/19/some-bets-are-off

for example ?

1) SatoshiDice is not a US company nor organization, nor is any part of it hosted in the US whatsoever.
2) I do not live in the US, though I am (unfortunately) a US citizen.
3) The couple other private owners are non-US residents and not US citizens.

What do you think of Erik's argumentation JoelKatz?