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Non-Tech : eLottery.com (ELOT) / (NASDAQ NM:XTON) -- Ignore unavailable to you. Want to Upgrade?

To: Gabe Heti who wrote (1081)	4/5/2000 8:30:00 AM
From: Herc	Respond to of 1266

I found this on Yahoo. Yahoo only allows so much room. So the letter is abbreviated. <<The National Governors Association has come out for the first time in 4 kyl bills as well- In a letter to both judiciary committee chair henry hyde as well as ranking minority member John Conyers, Jr., BOTH the Chairman, Utah governor, Michael Leavitt, and Vice Chairman, Maryland Governor, Perris Glendening wrote: "Dear Mr. Chairman and Ranking Member Conyers: On behalf of the national Governors' Association, we are writing to express our interest in H.R. 3125, the Internet Gambling Prohibition Act. We appreciate your efforts .... We would also like to urge you to maintain the exemptions currently included in H.R. 3125 for state lotteries when lawful wagers are placed either at a facility that is open to the general public or when the person placing the wager uses an individualized name and password. We understand that there may be efforts to strip the bill of these provisions, and we encourage you to oppose such attempts. States possess the authority to regulate gambling within their own borders and must continue to be allowed to do so. An incursion into this area with respect to online gambling would establish a dangerous precedent with respect to gambling in general as well as broader principles of state sovereignty." Everyone ought to send a message to their governor noticing the National Governor's Association's recent support to maintain the state lottery exemptions in the bill and applauding your governor's actions and support of this position. This would not be bad place to also mention (if you so feel) that you hope the governor chooses to allow you to access your state's lottery over the web soon>>

To: Gabe Heti who wrote (1081)	4/5/2000 8:33:00 AM
From: Herc	Read Replies (1) \| Respond to of 1266

Also this morning's press release didn't make it onto SI yet. I guess, for now, so what if U.S. legislators drag their feet. Also I have no margin debt. So I can ride this thing out. I was planning on cooling it until the end of August anyway. I would use this as a buying opportunity. <<UK Charity Lottery Commences Conventional Ticket Sales Internet Ticket Sales to Launch by End of June, 2000 NORWALK, Conn.--(BUSINESS WIRE)--April 5, 2000--eLOT, Inc. (NASDAQ: ELOT - news) today announced that conventional sales for the UK's first charity lottery have begun with a ``soft launch' of the Pick 3 game ``The Daily Number.' The game is expected to eventually ramp up to 15,000 terminals throughout Great Britain. eLottery has announced that its Internet lottery ticket sales of The Daily Number will begin by late June of 2000. eLottery has a four-year contract under which the Company is the exclusive web-based retailer and provider of games for the UK charity lottery. An essential part of eLottery's role in the UK charity lottery will be the establishment of a secure Internet interface to the conventional lottery system, which in this case is operated by International Lottery and Totalizer Systems, Inc. (OTC:ITSI - news). ``The eLottery secure Internet interface to the conventional lottery system will Internet enable The Daily Number and other future games. It will be valuable verification of eLottery's unique and extensive Internet lottery know-how,' said eLottery President Mike Yacenda. After the soft launch is complete, a comprehensive television, radio, print, free media and new media marketing campaign will commence. It is expected that drawings will also be televised. Games will benefit diverse good causes with numerous charities already in the program and many more on the way. The UK charity lottery is authorized by the Gaming Board for Great Britain, with GTL Management Ltd. serving as the operating company on behalf of Inter Lotto (UK) Ltd. eLottery Senior Vice President Charles Degliomini concluded, ``The UK is a very important market for lottery sales. Current UK lotteries generate sales of approximately US$12 billion annually. The new UK charity lottery represents a significant opportunity for eLottery to enter this market.'>>