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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (750778)10/2/2006 2:44:53 PM
From: pompsander  Read Replies (1) | Respond to of 769670
 
Gee....I feel safer....I can't gamble on-line (at least using a U.S. entity) and I don't have Port security.

Congress is certainly focusing on my priorities of life, liberty and the pursuit of happiness.



To: DuckTapeSunroof who wrote (750778)10/2/2006 2:45:53 PM
From: DuckTapeSunroof  Respond to of 769670
 
Bookies Benefit from Politicians Pandering for votes from the Puritanical 'Big Brother' types:

...While some offshore fund-transfer companies might continue to profit off online gambling in America, onshore bookies in the U.S. now at least have palpable cause for celebration, said Kenneth Weitzner, an online gambling expert known in the industry as The Shrink. On his Eye on Gambling Web site, Wietzner noted that New York City bookmakers were seen partying in Central Park late Friday night and into the early hours. "Their business is expected to quadruple," he said.

Dresdner's Lee agrees that U.S. gambling resorts and casinos like MGM Mirage (nyse: MGM - news - people ) and Harrah's Entertainment (nyse: HET - news - people )--which is reportedly being eyed by a private-equity consortium--may be the few to profit from the new law, along with the horse-racing industry, lotteries and fantasy sports operators, who have all been carved out of the new law.

Lee believes Frist's political ambition, lobbying from the Christian right and a protectionist sentiment were the three main drivers behind the bill
....

Online Bets Are Off

Parmy Olson, 10.02.06, 10:00 AM ET
forbes.com