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


To: Gabe Heti who wrote (1121)4/11/2000 8:41:00 PM
From: Herc  Respond to of 1266
 
I agree that internet casinos are off in the future in the U.S. unless banning them does prove to be futile, in which case the states will want the revenues. I made a lot of $$$ on VCAT, which got out of the business. I only own 500 shares of SNMM, which with Cryptologic seem to be the leaders.

Also, it is an irrefutable fact that online casinos are ALREADY big business. And when they start passing their lower overhead on to gamblers as better odds/payouts, they could really take off.

You could call a toll free # with your modem.

Who would have thought a few years back that there would be world wide swap meets like Ebay? And who would have thought 10 years that my native state of MS. would now be the third biggest gambling destination in the U.S., after N.J. & NV. If the buckle of the bible belt, MS., can become a gaming mecca then anything is possible.

I don't know if you saw my post of a couple of weeks ago, but the plaintiff's attorney are already trying to get credit card companies to forgive online gambling debts.



To: Gabe Heti who wrote (1121)4/13/2000 4:14:00 PM
From: Herc  Read Replies (2) | Respond to of 1266
 
Just talked with investor relations.

Their lobbyists are working on a Presidential veto due to Justice Dept. objections. The Justice Dept. considers the bill unenforceable and that it will just lead to more offshore casinos. Their objections were mentioned in the CBS Marketplace article. This is exactly what the Internet Gaming Council and all the other legal experts have said all along.

The Christian Coalition and convenience store owners pushed for the Pease amendment. The Governors Association fought the Pease Amendment. The state Lottery Commissions were not that organized to push their case. So that's why the Christian Coalition prevailed.

ELOT is pursuing other foreign contracts. Also ITSI, that has the English Charity Lotto contract, has contracts in Hong Kong, Malaysia, the Ukraine, and the Philippines. And ELOT has a business arrangement with ITSI in these countries as well.

So write the President, your governor, and your state lotto commission and tell them you want to buy lotto tickets online.

This is all so new, no one has a clue where this is heading. But ELOT is the pioneer in establishing legal, legitimate internet gaming. So if you think internet gaming has a future be patient and hang onto your shares.