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Microcap & Penny Stocks : GLOW - Global Games, Inc. - Great Profit Potential !

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To: steven l who wrote (4302)7/8/1998 12:04:00 PM
From: Brad  Read Replies (2) of 8879
 
Steven I, Did you have a "date" for that news story? I have an article from just 2 weeks ago that says the Justice Dept is not interested in chasing down "home bettors" or Internet casinos operating legally in their own countries.

Here's a comment from the Justice Dept...

"Don't expect the Feds to jump in and stop the action... If the casinos are outside the US, there's nothing we can do about it..." - John Russel, spokesman for the US Justice Dept.

Here are some key parts of the article from the Associated Press (June 25, 1998)...

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The Kly Bill and Concerns From The Justice Department

WASHINGTON -6/25/98-- The Associated Press reports that a Justice Department official expressed concerns Wednesday about a bill that would outlaw Internet gambling and subject to prosecution both the bettors who use virtual casinos and those who operate them.

In testimony before the House Justice subcommittee on crime, Deputy Assistant Attorney General Kevin V. DiGregory said the long reach of the Internet into people's homes and across international borders creates special obstacles for law enforcement...

...DiGregory said the Justice Department opposes the idea of putting "mere bettors" at risk of prosecution, which the legislation might do.

He also questioned the wisdom of having prosecutors indict operators of virtual casinos who are based legally in other countries.

"A foreign national who is operating a licensed Internet-based casino in his country will not be violating his country's laws if he solicits or accepts bets from United States citizens," he said...

...The hearing highlighted several disputes that have slowed the progress of the proposed ban.

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Best wishes,
Brad
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