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Microcap & Penny Stocks : GLOW - Global Games, Inc. - Great Profit Potential !
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To: Thomas George Warner who wrote (6047)8/7/1998 1:32:00 PM
From: bodie  Read Replies (2) of 8879
 
WRONG AGAIN T.W.G. You really do have a habit of only telling half the truth. The fact is, the law is as clear as mud. Read this:

Title 18 USCS 1084 covers the transmission of wagering information.
1084. Subsection (a) of 1084 states that:

"(w)hoever being engaged in the business of betting or wagering knowingly uses a wire communication facility for the transmission in interstate or foreign commerce of bets or wagers or information assisting in the pacing of bets or wagers on any sporting event or contest, or for the transmission of a wire communication which entitles the recipient to receive money or credit as a result of bets or wagers, or for information assisting in the pacing of bets or wagers, shall be fined under this title or imprisoned not more than two years, or both."

THEN IT GOES ON TO SAY:

However, subsection (b) of 1084 provides:

"Nothing in this section shall be construed to prevent ... the transmission of information assisting in the placing of bets or wagers on a sporting event or contest from a State or foreign country where betting on that sporting event or contest is legal into a State or foreign country in which such betting is legal."
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