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Technology Stocks : GoTo.com, promising Internet search engine

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To: Mike Fredericks who wrote (473)7/29/1999 3:18:00 PM
From: Mr. Aloha  Read Replies (1) of 977
 
Here's more info on the Internet Gambling..

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For you, Internet gambling may be illegal. It depends on where
you live.

The New York state Supreme Court has ruled that WIGC casino
using servers in Antigua violated U.S. law by accepting bets
from state residents. The court ruled: "The Internet site
creates a virtual casino within the user's computer terminal,"
and therefore WIGC broke state and federal gambling laws,
including the Federal Interstate Wire Act.

The United States is likely to ban Internet gambling, says
Merrill Lynch analyst Paul Facey. A bill to prohibit online
gambling has wide support in the Senate.

Four states - Illinois, Louisiana, Nevada and Texas - already
specifically ban Internet gambling.

In Australia, several states have passed legislation to regulate
Internet gambling by offering Internet gambling licenses.

news.com

I agree...

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