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Technology Stocks : GoTo.com, promising Internet search engine
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To: Mr. Aloha who wrote (472)7/29/1999 12:55:00 AM
From: Mike Fredericks  Read Replies (1) of 977
 
Oh, I agree with you that the government is trying to close them down. However, the reason the govt was successful in this case is that the company owning the servers was a US company (based in NY).

If a foreign company runs a casino (in a foreign country), how is the US govt going to shut it down? It can't. All it can do is go after the gamblers, and that's not going to be popular or successful. My analogy a couple days ago was that this would be the equivalent of busting every pot smoker in the US to try to address the drug problem. Doesn't help much.

The grey area in the middle would be what if a legal casino in the US runs a web site... there is a lawsuit about this now - I think it's Minnesota which is suing an Idaho Indian reservation to get them to shut down their internet casino. Right now when you sign up you have to provide your address and if you live someplace where casino gambling is illegal your membership is denied. In the NY case the investigator lied and said she lived in Nevada in order to place a wager; once the wager was accepted the suit was filed. However in some cases this restriction is deemed sufficient... youbet.com does horse racing over the net and you have to live in one of the 47 states where parimutuel racing is legal else they deny your application, but nothing is stopping someone from lying about their address. Maybe it has something to do with the fact that horse betting is legal in 94% of the country. *shrug*.

-Mike
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