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Non-Tech : Win $5 million USD with ABET -- Ignore unavailable to you. Want to Upgrade?


To: Dave Gore who wrote (12)10/15/1999 5:52:00 PM
From: THOMAS GOODRICH  Read Replies (2) | Respond to of 61
 
Dave, I would be curious to know what the company's strategy is regarding strong legal objection to online worldwide lotteries in North America particularly the United States. Here you have what appears to be a US public company operating out of California with an offshore server farm whose intentions are to offer a worldwide lottery of its own inception partially to benefit charities. What ABET intends to offer can easily be duplicated by others including virtually all of the major online gambling vendors such as Starnet Communications with plans of their own to roll out worldwide lottery services. While granted North Americans will not likely be able to participate legally, access via the Internet may be challenged by individual state AG's in lieu of the proposed Jon Kyl Bill on the Federal level. While many states are nonchalant about online sports wagering nearly all will be strongly opposed to and defensive about any form of lottery scheme that could potentially threaten delivery of their public services funded through state lotteries even if under a ruse of benefitting the Red Cross, etc. Was the question of potential legal complications both domestically and abroad poised to the CEO? Also, would credit cards be accepted and if so, how will they deal with banks and chargebacks? Mention was made of North American advertising on the site so it is assumed the proposed lottery games will be targeted to residents of the United States as well. Perhaps if they're getting into the Internet lottery business, my suggestion to the CEO would be to consider complementing their product line with marijuana, tobacco, liquor and maybe even a little crack-cocaine!<g>