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Non-Tech : CAOL: The Chinese AOL and Internet Lottery

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To: architect* who wrote (602)7/22/1999 11:44:00 AM
From: Dave Gore  Read Replies (1) of 720
 
John, interesting speculation and what's interesting is the kiosks are not the only form of future revenue. Longer term E-commerce, mid-term Email services with USA.NET should contribute nicely and start soon, and already started is the lottery kiosks which should grow nicely into a fairly major revenue stream.

I agree that negotiations and add'l licenses from the Chinese Government for more lottery kiosks in other cities or provinces could happen in the future, or additional ones beyond the 200 could occur in the current province they have the license for.

No guarantees of course but those are the opps that exist.

This is not a one-trick pony company. I like the diversification much like WINR.

PS-- For those who do not know, the Chinese Government approves of lotteries. The taxes from them help funds sports and welfare programs .
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