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Non-Tech : Gaming stocks
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To: patron_anejo_por_favor who wrote (18)4/22/2001 4:29:45 PM
From: Dale Baker  Read Replies (1) of 53
 
Online gaming - CRYP has already processed $4 billion in payments through its sites; I don't know how that compares to land casinos but it is a substantial fringe, and growing.

The solution to solvency comes with having players buy "E-cash" before they play, not just debiting credit cards with a direct gambling debt.

That's my understanding from previous CRYP reports. IMHO, US approval for online gaming is inevitable in the next few years. It's too big not to regulate and too big to try to stop by legislation.
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