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Non-Tech : eLottery.com (ELOT) / (NASDAQ NM:XTON)
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To: Gabe Heti who wrote (1099)4/7/2000 8:01:00 AM
From: Herc  Read Replies (1) of 1266
 
This is the part of the Goodlatte bill that excludes a ban on internet lotteries? This was written out by the Pease amendment? Am I correct? Typical legalese mumbo-jumbo.

There were articles in the WSJ of a backlash against the government over the Microsoft prosecution. Also a poll showed a majority thinks the government should keep its mitts off the economy. This was mentioned on CNBC this AM. Maybe the Microsoft case will help us.

<<APPLICABILITY-

`(1) IN GENERAL- Subject to paragraph (2), the prohibition in this section does not apply to--

`(A) any otherwise lawful bet or wager that is placed, received, or otherwise made wholly intrastate for a State lottery, or for a multi-State lottery operated jointly between 2 or more States in conjunction with State lotteries if--

`(i) each such lottery is expressly authorized, and licensed or regulated, under applicable State law;

`(ii) the bet or wager is placed on an interactive computer service that uses a private network or a closed-loop subscriber based service regulated and operated by the State lottery or its expressly designated agent for such activity;

`(iii) each person placing or otherwise making that bet or wager--

`(I) is physically located when such bet or wager is placed at a facility that is open to the general public; or

`(II) recieves from the State lottery a user name and password specific to the individual player for use in betting and wagering in the State lottery or multi-State lottery; and

`(iv) each such lottery complies with sections 1301 through 1304, and other applicable provisions of Federal law;

`(B) any otherwise lawful>>
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