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To: MiriamsSon who wrote (5041)7/24/1998 2:25:00 PM
From: TrumpCards  Read Replies (2) | Respond to of 8879
 
This senate ban is not a law yet is it??

Trump.



To: MiriamsSon who wrote (5041)7/24/1998 3:28:00 PM
From: Brad  Read Replies (2) | Respond to of 8879
 
Miriamson, Politicians have to look good in an election year... especially to "soccer moms." And the US Senate's proposal is still a long way from becoming "law." It sounds more like "election year rhetoric" than anything else.

The Justice Department doesn't want to have to chase down Internet gamblers. If they did, it would be very unpopular to arrest people in the comfort of their own homes while the streets are full of violent crime. It's no wonder the Justice Department doesn't like the bill.

When it comes to the actual revenue that players bet, I don't think what the US Senate does will cause any more than a "blip" on the radar screen. Gamblers will gamble.

I have never done any gambling over the phone or over the internet and I don't know that I ever will.

But I see Internet gambling as a huge money-maker.

If I was choosing an Internet site at which to gamble, there is NO QUESTION in my mind that I would feel more comfortable betting with a "Government-Sponsored" site before I would bet with ANY "company" site.

That's why I think GLOW's deal with the Government of Dominica has such huge potential. I'm confident there are a lot of gamblers the world over that feel the same way.

That's exactly why I like what GLOW is doing with the Government of Dominica.

Obviously, these are just my own thoughts and opinions. Everybody should make up their own minds because it's their own money they are risking. My money is on GLOW. :-)

Best wishes,
Brad



To: MiriamsSon who wrote (5041)7/26/1998 9:35:00 PM
From: bodie  Read Replies (1) | Respond to of 8879
 
Just got back from family reunion in Wisconsin. Saw the 5-second news byte about the Senate's resolution 1Hr before markets opened on Friday. It put a knot in my stomach. However, I have had some time to reflect since then. I have come to the conclusion, just my opinion, that it is simply lip service at this time. Even if it manages to eventually get approved by Congress (don't they have the final say, unless the president vetoes it?) it will probably be left open to interpretation in its watered down version. And whatever agency is put in charge of enforcing it, it will probably be so under funded and overwhelmed at the prospect of trying to enforce a law, that for all intents and purposes is unenforceable, internet gambling won't be stoppable. There is also an upside to this; can you imagine what would happen if gambling on the Internet was made legal? All our profits would be eaten up by the competition, as thousands of individuals put up their our site in the US of A.