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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 (6682)8/23/1998 3:15:00 PM
From: BigDaddyMac  Read Replies (1) | Respond to of 8879
 
IMPORTANT;

did anyone see the article in the paper last tuesday or wednesday about the lady in california who raked up 70 grand on her credit cards gambling through the internet and now is suing Visa/Mc saying that it is illegal and since the gambling site is operated out of the US that she wasn't going to pay off her credit cards,

well, apparently, people who are against on line gaming, have hired top notch lawyers to help this lady win her case and they quoted this guy by saying that if she wins the case, it could be the kiss of death for online gaming, because this is the first case and would set judicial precedent.

Because the Credit Card is the international use for money for that type of entertainment, People don't want to take the time to make out a personal check and send it to the Netherlands or Carribean.

This researcher, said, which is partially true, gamblers are compulsive, if they see Arizona is playing Kentucky in 2 days, they will just want to whip out their credit card, go on-line and make the bet. Not plan three week ahead of time and send a check

I will try to find the story for you all.

mitchell



To: bodie who wrote (6682)8/23/1998 3:17:00 PM
From: bodie  Read Replies (1) | Respond to of 8879
 
Part of an article I found. For some reason the word hypocrite comes to mind when I think of $47 billion in gaming revenue, and US government in the same sentence.

For example, any attempt by the United States, which recognizes $47 billion a year in legal gaming revenues, to tell a small Caribbean country to stop receiving a few million dollars in fees annually from Internet operators is likely to fall on deaf ears. Even divergence between top level countries may doom such efforts.

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