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Non-Tech : Gambling, The Next Great Internet Industry

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To: jj_ who wrote (570)	6/15/2001 3:14:39 PM
From: Herc	Read Replies (1) of 827

I found this on Gemstar. I guess their horse racing channel is a premium channel. <<United Video Acquires Interactive Horse Racing Venture- ODS / Television Games Network Mark D. Wilson Named President & CEO TULSA, OKLAHOMA, September 28, 1998 United Video Satellite Group, Inc. (NASDAQ: "UVSGA") has acquired ODS Technologies, L.P. ("ODS") and its horse racing programming venture, Television Games Network ("TVG") for $30 million cash. TVG when launched will be a 24-hour horse racing television network featuring top-quality programming and integrated interactive wagering on races, where legal. TVG is scheduled for launch in the Spring of 1999. This investment increases UVSGA's ownership interest from the original 20% when it was formed in 1994.>>

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