Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Gambling, The Next Great Internet Industry -- Ignore unavailable to you. Want to Upgrade?

To: kidl who wrote (657)	7/18/2001 8:51:01 AM
From: Herc	Respond to of 827

If the bank and credit card industry is against the Leach bill then it's DEAD! The Leach bill burdens credit cards with policing their customers, and a major objection to the Goodlatte bill was that it burdened the ISP's with policing their subscribers. Both David Dreier and Chris Cox voted against the Goodlatte bill on these grounds.

To: kidl who wrote (657)	7/23/2001 7:44:23 PM
From: Herc	Respond to of 827

NORWALK, CT - July 23, 2001. eLOT, Inc. (NASDAQ:ELOTC), a provider of web-based retailing and marketing services to governmental lotteries, today announced that the company's chief executive officer, Ed McGuinn, will be testifying before a hearing of a Subcommittee of the House Committee on Financial Services on Tuesday, July 24, 2001 at 10:00 am regarding H.R. 556, The Unlawful Internet Gambling Funding Prohibition Act, and other related Internet gaming proposals. In his testimony Mr. McGuinn will provide extensive information to the Committee regarding how a state lottery ticket can be safely and securely distributed over the Internet and how the use of the latest technology can facilitate these transactions while providing strict age, border control and problem gaming restrictions. Live audio of the hearing will be available at: house.gov Also Rep. LaFalce has introduced another internet gambling credit card ban, H.R. 2579. Unlike H.R. 556, this bill has no exemption for internet gambling legally sanctioned by the states.

To: kidl who wrote (657)	7/24/2001 11:37:18 AM
From: Herc	Respond to of 827

It occurred to me that gambling may be a component of all cultures, both primitive and present, like dancing, music and religion, and this seem to be confirmed by a Google search. There are numerous citations to gambling and primitive cultures. So fat chance in stopping something that appears to be a basic sociological need, way back there in our alligator brains. This link was particularly interesting... members.aol.com