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Non-Tech : Starnet (SNMM)Online gaming, sexsites, lottery, Sportsbook

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To: robert duke who wrote (3279)7/8/1999 6:12:00 PM
From: Herc  Read Replies (3) of 8858
 
I may start nibbling at 16 because I believe in this industry so much. It is just too perfect for the net.

The only real problem I see is that the politicians can't promise all those casino jobs with internet gambling. Job creation is politician's raison d'etre. A server, router and a computer can replace lots of casino employees. But when the online casinos start offering better odds and payouts because of their lower costs, no one can stop them. Of course, states can still tax their profits. Maybe, internet casinos will bring in more taxes as well.

And as to the objection that gambling is mainly a blue collar sport and blue collar people aren't on the net, well, computers are dropping in price and ISP's are giving them away now. And gambling is not the exclusive domain of Joe Six Pack. I'm a physician, and I buy lots of lottery tickets.

Does that make you feel better? And when all the lies shorts or longs say about a stock prove unsubstantiated (no real news evolves), then it's smart to bet against them. Put in a stop just in case!
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