eLottery.com (ELOT) / (NASDAQ NM:XTON) Message Board

STOCKTALK

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 : eLottery.com (ELOT) / (NASDAQ NM:XTON)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Herc who wrote (1120)	4/11/2000 7:47:00 PM
From: Gabe Heti	Read Replies (2) of 1266

I don't think either option you suggest would be very attractive. Gamblers would have a difficult time finding their gambling site if it changed daily. Calling long distance to gamble is somewhat expensive. I would think the Justice Department could also block access to particular phone numbers if they so desired. There was also discussion of going after credit card companies that facilitated the transfer of funds. I don't know how badly the government wants to come down on off-shore gambling sites, but these sites would receive little sympathy in the US if they were to be shut down. The fight is not over. There may be pressure from states to leave the matter to state governments to deal with internet lottery operators. I think the matter will not be resolved before the election and therefore it is unlikely that any states will start to offer on-line lotteries until next year at the earliest. I just see the stock being much more risky in light of the above plus the jaundiced eye with which the market is viewing dot coms with no earnings and little revenues.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next