SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Cryptologic (CRY/TSE): First Profitable Internet Casino

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lola who wrote (1248)8/29/1999 8:51:00 PM
From: pink789  Read Replies (2) of 2782
 
>>Can the CryptoLogic Ecash system be used by other Internet merchants to accept payments? The lack of a good payment system on the Internet has created a huge bottleneck for companies trying to do electronic commerce. <<<

Lola,

I talked to CRY IR about Ecash for this kind of a market about 6 months ago. At least in theory Ecash is well suited for this market (very low transaction processing costs) but I don't think CRY is going to do anything in this space in 1999 (but maybe in 2000). I seem to remember seeing something on this in their annual report but need to check.

I'm playing CRY right now just for their i-gaming potential. My own thinking is that i-gaming is much bigger than say books and the like that Amazon.com does -- I read a lot but I love gambling!!!

pink789
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext