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Microcap & Penny Stocks : GLOW - Global Games, Inc. - Great Profit Potential ! -- Ignore unavailable to you. Want to Upgrade?

To: bodie who wrote (6076)	8/7/1998 1:37:00 PM
From: jjbucci	Read Replies (2) \| Respond to of 8879

Bodie, Excellent find. Worth Repeating; subsection (b) of 1084 provides: "Nothing in this section shall be construed to prevent ... the transmission of information assisting in the placing of bets or wagers on a sporting event or contest from a State or foreign country where betting on that sporting event or contest is legal into a State or foreign country in which such betting is legal." jjbucci

To: bodie who wrote (6076)	8/7/1998 2:26:00 PM
From: Quahog	Respond to of 8879

My understanding of 1084(b) re: transmission of information assisting in placing of bets and wagers is that this section is meant to make it clear that it is not illegal for vegas odds-makers to publish the daily lines and odds on events. For instance, you can find out the over-under in many newspapers; this section says that is still not illegal, nor would it be to publish such odds on the internet. That being said, I'm not sure I follow why the alarm bell is being raised on this thread over the Kyl Bill. Having read it, I don't see how GLOW is at any risk of doing something illegal. I am assuming that no wagering information is going to be transmitted for processing to GLOW offices in the U.S. IMO, As long as the hardware which uses Glow's software remains in Dominica...or any other jurisdiction where gaming is legal...there is no problem. Gambling is illegal where I live...but I can legally build all the slot machines I want and legally sell them to Vegas Casinos. The U.S. citizens arrested for their offshore casinos referenced by T.W.G. were all accepting U.S. bets. That's a no-no. As for the legality of individual betters inside the U.S. This kind of enforcement is impractical if not impossible. There was a letter posted on RollingGoodTimes online from the Department of Justice discussing the Kyl Bill...and recommending that it contain a "mere better" exclusion for just that reason. Whether the final Bill will contain that provision, I don't know. The letter also recommended that the U.S. not request other countries to help them shut down online casinos within their shores. I can't find the letter anymore, but it is referenced in another page at rgtonline.com So...imho, you GLOW folk need not worry about Senator Kyl. Quahog