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Non-Tech : VGAM - Virtual Gaming
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To: BobInBush who wrote (4)3/9/1999 8:21:00 PM
From: THOMAS GOODRICH  Read Replies (1) of 216
 
Generally speaking Starnet is probably a no-brainer when it comes to investing in this industry. They clearly have the momentum as a development company like none other to date and as well they are also the house. In addition to online gaming, great potential for expanded e-commerce exists and they is no way to predict where that all leads from here. (Playstar is another to watch as an e-commerce player!)

While the true stock plays may lie with the development companies, I would never rule out the possibility of some very profitable licensees. Casinos of the South Pacific reportedly took in $3 million in wagering over its first 4 days of operation! Largely how well an entity does is dependent on marketing savvy on what was negotiated contractually. Many of the Starnet casino/sportsbooks are Gateway sites meaning operators assume less responsibility and loss in exchange for a higher percentage to Starnet.

TG
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