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Non-Tech : Sungold Gaming International (SGGNF) -- Ignore unavailable to you. Want to Upgrade?

To: Sure who wrote (1792)	2/18/1998 10:52:00 AM
From: Gene Veinotte	Read Replies (2) \| Respond to of 5164

Somewhere left or right of topic but definitely within the realm of gaming,gambling, From Stockman Forum: Subject: Update from Top Cat LeRoy, FDCD.... closed at $0.27 on 316,000 shares... I don't think it will be much longer before investors take note of what FDCD is about to do... press release indicated they have changed their name to Software Gaming Corp.... the exchange researches potential ticker symbols and then assigns a new symbol (my bet is SWGC)... according to the company they should have a full on-line Casino for testing very soon and all approvals for financial transactions through the banks... I thought this article below might give everyone an appreciation of the potential of this marketplace... ************* Some investment opportunities are so immense that the numbers are mind boggling. That's what happens when a concept seems "right." ...Sports Wagering on the Internet. There really isn't much more that needs to be said, for sophisticated investors. Take two of the hottest worldwide trends, find a way to meld them, and you have a potential market the mind can barely grasp. Smith Barney analyst Jason Ader has predicted that legalized online casino betting could become a $ 10 billion annual business within the decade ( Adam Snyder MSNBC 1-24-97). To put the figure in perspective, that's almost twice as great as the box-office receipts from the entire U.S. movie industry. This vast market is virtually untapped and is wide open to investors who want to be winners. ALL SYSTEMS ARE "GO" Why is on-line gaming so appealing? Because it is such a perfect fit with the Internet, which promises to be to the 21st century what telephone and television has been to the 20th century. The Internet has an estimated 100 million users worldwide, and will expand with the developments in the areas of hardware, software and business competition, to an estimated 200 million users by the year 2000. A WINNING BET So there are millions of Internet users spanning the globe, with millions more coming on-line every month. The question is what are all those people going to do on the Internet? According to the CEO of cable giant Tele-Communications Inc., gambling will become the first "killer application" on the Internet. Let's face it, gaming has been a favorite pastime of men and women since the dawn of recorded history. In the U.S. alone, from bingo to ball games to baccarat, gaming is close to a $482 billion per year business. Since 1982, international gaming revenues have more than tripled with no signs of a slowdown. Now, church and state actively support the spread of gaming because their revenues are tied to bingo and lotteries. People love to gamble and, given a chance, they'll do it on the Internet in the comfort of their own homes. No need to worry about traveling or paying for a hotel room or what to tip the dealer. On the Internet gamblers can focus on the basics and have statistical information on their favorite sports teams so they can make the best possible decision regarding their wagers. ************