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Non-Tech : Starnet (SNMM)Online gaming, sexsites, lottery, Sportsbook
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To: THOMAS GOODRICH who wrote (1915)2/19/1999 12:16:00 PM
From: bodie  Read Replies (2) of 8858
 
<<<A few of Starnet's major partners do presently accept wagers from the United States. >>>>

1. According to my last conversation with Al, all of them accept wagers from U.S.

2. He also said about 40% of their revenue(not money wagered) is from these sources.

3. According to a "Business 2.0" article on Internet gambling, if the U.S. decides to ban I Gambling, Australia will make adjustments to their laws accordingly to support this position, I would guess that many other countries that are friends with the U.S. would do the same thing.

4. The fact of the matter is, if U.S. makes I gambling illegal, the majority of these companies will suffer a huge drop in earnings because not one of them is getting 100% of their revenue from NON U.S. sources.

5. Now, in defense of I gambling, if the U.S. decides to regulate it, the "Business 2.0" article said that, in cases of Internet companies; what has been happening, is the ones who get there first(on-line) are usually the ones who get the lions share of the revenue. Does not matter if you end up with many "also rans". The article said that only a handful of companies have ended up making huge amounts of money. To find out how SNMM stacks up against its competitors we need comparison numbers. Will follow this up with what "Business 2.0" uses to rate Internet companies. Magazine is at home, and I'm at work.

6. Assuming SNMM is the leader, then it is a reasonable assumption that they will continue to lead, if U.S. decides to regulate.

bodie
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