ADVV (Advantage Technologies) - formerly CSIN Message Board

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Non-Tech : ADVV (Advantage Technologies) - formerly CSIN

ADVV 0.750

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Sep 27 5:00 PM EST

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To: StockMBA who wrote (390)	7/7/1999 6:22:00 AM
From: Whisperer!	of 483

How Popular is Online Gambling? Wed Jun 29 1999 Next time you read about the incredible growth of the online gambling industry remember this: studies from Cyber Dialogue show that only 2% of US surfers, or 1.2 million people, have ever visited an online gaming site-and that doesn't necessarily mean they've actually gambled. Although American policymakers fear that Net gambling sites are growing out of control, their appeal appears somewhat limited. The 2% figure has remained constant for the past few years. Nevertheless, these few bettors are an active group. Recent figures indicate that 1999 Net gaming revenues will nearly double to $1.2 billion-from $651 million in 1998 (still just a tiny slice of the $600 billion land-based gaming market). However, as the full story in CNN Interactive reports: "Hard numbers on the size of the online gaming industry are harder to come by than a straight flush on video poker."

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