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To: IGL who wrote (5497)	12/12/1997 5:31:00 PM
From: SE	Respond to of 10368

Quick thinking would be this. This removes the wild card in the sitaution, the AG's renegade activity which would/could have shut down the VGM's. This puts the process back in court where it is business as usual until a decision has been reached. Further, it puts it in system where apparently the courts have already decided that VGM's are not a lottery. Also, since the main evidence is technical violations of the law in terms of pay-out etc...seems to me we have a policing problem, not an illegal industry. Look for VGM's to stay in operation, but more regulations to be added. I do think this is positive. GO PACK GO! -Scott

To: IGL who wrote (5497)	12/12/1997 5:37:00 PM
From: Que	Respond to of 10368

IGL, the news was that the AG was backing down from his stance that VGM operators would be arrested come Dec 15th. The article you gave the link to is an editorial by The State, a publication that has been opposed to VGMs for some time. The release of the 'undercover' investigation information is an apparant face-saving gesture on the part of the AG. That there are operators who are not in compliance with state law is no suprise. Such operators will come under increasing pressure when electronic monitoring of VGMs becomes the norm. And as has been discussed on this thread, this increasing pressure may work to BNGO's benefit in its effort to consolidate the industry. The only thing substantiative and new to come out today is that the AG is backing away from his untenable position. L.L. & P.

To: IGL who wrote (5497)	1/15/1998 10:28:00 AM
From: Robert L. Akers	Read Replies (1) \| Respond to of 10368

I'm reposting a previous candidate for the Q&A, to address it to John Orton: If things are on track, I would guess the company is putting together the successor to the "Warrant Information Center" page on its web site. We should all be thinking once again of questions we'd like to have answered by the company. One thing I'd like to see appear in every edition is an inventory of currently operating facilities, broken down in a little bit more detail than has been usually given in the past. Specifically, I think it would be great if they could post a list of currently open bingo halls, their locations, and the number of VGM's attached to each hall, and also the number of VGM's currently in operation in both SC and Texas, with the SC numbers broken out by route machines vs. game room machines. Of course, any further elaboration (revenues?) per item would also be really interesting, but that might be asking too much, and may even be considered proprietary. I'd also like to see the list extended to included planned facilities and anticipated opening dates, so we could keep track of the progress and scope of new build-outs. I think keeping stockholders accurately informed about this stuff is of benefit to the company. One of the major factors that contributed to the Q3 earnings "disappointment" was our ignorance of the fact that a large batch of VGM's which we all thought were in operation had been warehoused. This led to inflated expectations and a resulting backlash and market disenchantment, none of which was necessary. Larry