To: hman who wrote (3995 ) 1/18/1999 1:36:00 PM From: swedelo Respond to of 6545
Mr. hman, Thank you for pointing out what is an egregious typo on my part. I obviously meant to type 300,000 as was the last amount Mr Skinner relayed to me. I assume I was at a point where AOL interupted me to tell me I had been on line for 43 seconds and would I care to stay on line, which interupts my dictation. All AOLers know of what I speak. Premier is correct in stating that the WINR site now claims 350,000 ATM sites in 115 countries. This tells me that WINRs' financial network is growing on an almost daily basis. I don't know at this point in time what ATMs are WINR friendly. I will do some digging and see what I can come up with. I also agree that as more casinos and consumers come to WINR that competition will force many or all to not only absorb the processing fee, but also, encourage better payouts as WINR clients can monitor every casino they play at to see exactly where they are winning the most and losing the most. The competition will obviously benefit the WINR consumer base. As for the 4% in/out being exhorbitant, Once you take away the expense of travel and lodging many of us incur to gamble at a brick and mortar site it is nominal at best. As for other on line entities although you may not see it, hidden in the house take is 7 1/2-8% in expenses incurred by the casinos to hire employees and lease office space to handle financial transactions. I believe in the future it will be handled much like VISA, in that, the player will see no transaction fees as these will be included in the price of the product (house take). But that the multiple sites and tracking capability to the WINR gambler will also cause competitive issues that will bring this down to favor the WINR gambler, as well. As I have said before, I hope WINR is fashioning a marketing drive that will target the individual consumer, because once people become aware how the advantages that the WINR system offers can benefit them, they will never want their on line transactions handled in any other way! Best Wishes, Swedelo