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Non-Tech : ADVV (Advantage Technologies) - formerly CSIN
ADVV 0.7500.0%Sep 27 5:00 PM EST

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To: Joe Griffin who wrote (191)5/19/1999 12:06:00 PM
From: Dave Gore  Read Replies (3) of 483
 
But that's the point! They have REAL PHYSICAL CASINO locations as well (i.e. non-internet) AND....

the company is pursuing Internet LOTTERY which IS LEGAL in 47 or so U.S. States.

Plus, other parts of the world CAN gamble over the internet legally.
Remember all the stats for the HUGE growth of internet gambling does NOT even include the U.S. gamblers. The World gambling population is very large and dwarfs the U.S. as a whole. Sure, the US market would dramatically help, but this sector can do very very well even assuming the worst case.

I think we will see that they will be highly profitable even IF the KYL Bill goes through, which is very unlikely because it would be a nightmare to enforce and it is really too late.

BOTTOM LINE: I agree that some may not be buying into this sector because of the KYL deal, but the point is that I think (my opinion) that it's vastly overemphasized even if somehow becomes law, at least in the case if CSIN which has a pretty low market cap compared to it's competitors.

Use your own judgement when to buy. That's the bottom line.

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