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Non-Tech : Cryptologic (CRY/TSE): First Profitable Internet Casino

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To: Tom McIlwain who wrote (1317)8/30/1999 4:23:00 PM
From: Netstockfiend  Read Replies (3) of 2782
 
If you read the 68 page SNMM warrant, you must be very worried about CRY. I'm an attorney, and I'll tell you I was amazed that most of the warrant was devoted to the investigation of bets placed with SNMM's licensees, including -- and this made me chuckle -- Lasvegascasino.com.

If the authorities charge Starnet with a "proceeds of a crime" indictment based on the fact that Canadians are betting on Starnet's licensees' sites, either the authorities will also have to go after Cryptologic, or Starnet will have a potentially potent "selective prosecution" defense.

Either way, you should be concerned for CRY.
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