Somewhere left or right of topic but definitely within the realm of gaming,gambling,
From Stockman Forum:
Subject: Update from Top Cat
LeRoy,
FDCD.... closed at $0.27 on 316,000 shares... I don't think it will
be much longer before investors take note of what FDCD is about to
do... press release indicated they have changed their name to Software
Gaming Corp.... the exchange researches potential ticker symbols and
then assigns a new symbol (my bet is SWGC)... according to the
company they should have a full on-line Casino for testing very
soon and all approvals for financial transactions through the banks...
I thought this article below might give everyone an appreciation
of the potential of this marketplace...
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Some investment opportunities are so immense that the numbers are
mind boggling. That's what happens when a concept seems "right."
...Sports Wagering on the Internet. There really isn't much more
that needs to be said, for sophisticated investors. Take two of the
hottest worldwide trends, find a way to meld them, and you have a
potential market the mind can barely grasp.
Smith Barney analyst Jason Ader has predicted that legalized
online casino betting could become a $ 10 billion annual business
within the decade ( Adam Snyder MSNBC 1-24-97). To put the figure
in perspective, that's almost twice as great as the box-office
receipts from the entire U.S. movie industry. This vast market is
virtually untapped and is wide open to investors who want to be
winners.
ALL SYSTEMS ARE "GO"
Why is on-line gaming so appealing? Because it is such a perfect fit
with the Internet, which promises to be to the 21st century what
telephone and television has been to the 20th century. The Internet
has an estimated 100 million users worldwide, and will expand with
the developments in the areas of hardware, software and business
competition, to an estimated 200 million users by the year 2000.
A WINNING BET
So there are millions of Internet users spanning the globe, with
millions more coming on-line every month. The question is what are
all those people going to do on the Internet? According to the CEO
of cable giant Tele-Communications Inc., gambling will become the
first "killer application" on the Internet. Let's face it, gaming
has been a favorite pastime of men and women since the dawn of
recorded history. In the U.S. alone, from bingo to ball games to
baccarat, gaming is close to a $482 billion per year business. Since
1982, international gaming revenues have more than tripled with no
signs of a slowdown. Now, church and state actively support the
spread of gaming because their revenues are tied to bingo and
lotteries. People love to gamble and, given a chance, they'll do it on the
Internet in the comfort of their own homes. No need to worry about
traveling or paying for a hotel room or what to tip the dealer. On
the Internet gamblers can focus on the basics and have statistical
information on their favorite sports teams so they can make the best
possible decision regarding their wagers.
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