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To: john t orton who wrote (5491)12/12/1997 4:55:00 PM
From: Ed Pettee  Read Replies (2) | Respond to of 10368
 
John, I believe your referring to the 2:00 PM news conference called by the AG. In talking to the "The State" that will be in tomorrows news paper. As I understand it, he the AG called off his threat to arrest anybody on 12/15 and will not pursue his threat in that manner. He stated that his goal is to get the Supreme Court to rule on whether Video Poker is a lottery and illegal under the state constitution, and he felt that he could best do this by joining with the group that has filed a class action against the industry yesterday. I 'll have to wait for tommorrows paper for fuller details, however the paper did comment in its editorial page today.



To: john t orton who wrote (5491)12/12/1997 5:10:00 PM
From: IGL  Read Replies (3) | Respond to of 10368
 
>> To: All
From: John Orton, CFO

There has been a major favorable development in S.C. re: the state A.G.position and plan of action re: video gaming. Check the local S.C. news forcomplete information.
jto<<

thestate.com

Is this what he calls "favorable development"? This does not sound
good at all. Someone please comment on this article.
igl



To: john t orton who wrote (5491)12/12/1997 6:15:00 PM
From: jimmy  Read Replies (1) | Respond to of 10368
 
JTO, given the political climate in SC, what steps have the company taken to ensure that all of its video games are operated legally? I am especially referring to the $125 payout limit. Do you monitor your game room operators in any way? What kind of compliance program do you have in place to educate, monitor, and discipline your employees (or contractors).

It would be reassuring to see the company publicly address this timely issue.



To: john t orton who wrote (5491)12/13/1997 12:33:00 PM
From: T.K. Allen  Read Replies (1) | Respond to of 10368
 
JTO - It is good to know you guys are paying close attention to developments in SC.

I have a question for you. In your website Q&A under the question Why did the warrant call hurt the stock price? there is the following phrase: "Based on our analysis of warrant calls by other companies..." Would you be willing and able to share with us which other companies were used in your analysis of warrant calls? Thank you.

TKA