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Non-Tech : Gambling, The Next Great Internet Industry
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To: pink789 who wrote (334)4/3/2000 7:44:00 AM
From: Herc  Read Replies (2) of 827
 
The only company I know involved in internet horserace wagering is UBET.

I have concentrated on ELOT since I think internet lotteries will be the first widespread internet gambling. I made a little $$$ on MDIH. But ELOT is the leader in this arena. And ELOT bought VGTI for entree into internet casinos.

Also I made a lot of $$$ on VCAT which got out of the internet casino business. I also own a little SNMM, which I bought around $8.

Come to think of it, I don't see how state legislatures can allow internet horserace wagering and also ban internet casinos. Casinos are more popular than horseracing. So internet casinos should bring in even more tax revenues.

This is such a great idea that when internet gambling stocks do catch on with investors, the upside will be huge.
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