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 : World Wide Web Casinos (Internet Casino/Sportsbook) -- Ignore unavailable to you. Want to Upgrade?

To: Michael Harb who wrote (85)	4/8/1998 12:05:00 AM
From: Michael Harb	Read Replies (1) \| Respond to of 688

Piece on internet gambling just finished on Nightline. Up late working as usual, and just happened to have ABC on. The first 20 minutes were by ABC's technology correspondent Gina Smith. It was a very fair and balanced piece. It actually painted a pretty optomistic portrait. Started with a couple words from Sue Schneider, the editor of Rolling Good Times Online. Her remarks were mainly about how internet gaming is another form of entertainment. Several times during the piece, Mark Dolan of Starnet International spoke on various general points. The WWWC site was shown a couple times. Peter Michaels was interviewed briefly and said a couple words in regards to how impossible it is for US to regulate. John Kyl spoke a couple times in regards to his bill and how this will be the "crack cocaine" of our children's future. yada yada yada...He stole the "crack cocaine" analogy from a baptist preacher speaking about video poker in SC on Dateline last night. Kyl mentioned he was also concerned about the fairness of games. However Gina Smith mentioned that Kyl concedes there have been very few complaints of rip-offs. Computer Law Attorney Frank Grossman spoke about how impossible Kyl's bill will be to enforce....about how the internet has no respect for geography or the laws of any one country. It was also brought up that gaming providers could provide direct dial up access thereby bypassing any identifiable point of entry. Next, Koppel spoke with Frank Rosenthal, a Vegas bookie. I think they mentioned that Rosenthal "brought sports wagering to Vegas." Nothing too substantive in that exchange. But overall, the more I reflect on it, the whole piece was largely positive, focusing on how gaming, is happening, will happen in a much bigger way, and will be almost impossible to stop. Even Kyl didn't seem as vehement as I've seen him in the past. Oh yeah, and they also visited Antigua and talked about how Antigua was attracting a lot of casinos there. That is where they spoke with Michaels for a couple seconds. Keep your fingers crossed, mike