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Strategies & Market Trends : Fatty's Donut Shop
KKD 21.000.0%Aug 4 5:00 PM EST

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To: Matt Brown who wrote ()6/11/1999 4:54:00 PM
From: Jeff Resch  Read Replies (1) of 5041
 
GOCA prez being wined and dined.
If the rumors are true about the CEO of GOCA being "schmoozed" by some casino executives in Vegas what does it mean for GOCA?

1. Joint Venture. GOCA opening and managing casino's for the big boys?
2. Possible buyout?
3. Capital investment?
4. Or just a bunch of smoke?
5. Consulting on sports wagering?

There is only one reason I can see in which GOCA would be dealing with large Vegas casino's, SPORTS WAGERING. Otherwise, I see no real advantage in dealing with Vegas casino executives. By consulting with the "big boys" can prove to be an advantage in implementing a sports betting system. On the other hand shaking hands with the competition does not necessarily mean greater revenues.

I am looking at this in a positive light. Having sports wagering can prove to be very profitable for GOCA. But, hype created from a meeting does not drop my jaw. Until GOCA can succesfully implement an efficient and attractive sport betting system, hype is exactly what it is.

If anyone has any input on the meetings with the Vegas executive please share your thoughts.

Resch
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