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Non-Tech : Cryptologic (CRY/TSE): First Profitable Internet Casino -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (1161)	8/24/1999 11:48:00 AM
From: THOMAS GOODRICH	Respond to of 2782

Dale, Actually Cryptologic was quick to point fingers at Starnet and made a very big splash of the whole affair. I don't wish for Cryptologic to come under fire, however, they are in the online gambling business and are subject to the very same issues Starnet is wading through. Cryptologic has also made the conscious decision to accept unscrupulous operators as licensees. The pornography issue is small stuff in comparison to the much bigger concern of gambling profits derived from Canadian and United States residents. Starnet's outcome is predictably favorable because their offshore subsidiary Softec Systems along with several key partners run the gambling side. So, these are the facts.