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Non-Tech : RIHI - Merger with Internet Gambling Co, - Worldnet Gaming -- Ignore unavailable to you. Want to Upgrade?


To: Joe Copia who wrote (22)2/18/1999 10:50:00 AM
From: PM-Spammer  Respond to of 363
 
very well said.



To: Joe Copia who wrote (22)2/18/1999 11:00:00 AM
From: PM-Spammer  Read Replies (1) | Respond to of 363
 
The Australian effort to regulate online gambling instead of prohibit it can have far greater effects on the industry than anyone expects. Australia's richest man, billionaire media magnate Kerry Packer, hopes to offer Web gambling in cooperation with software giant Microsoft! Big American companies, such as Harrah's and Park Place Entertainment, are also emerging as current and potential partners in precedent-setting ventures that aim to dominate the global market for cyber-wagering. American-backed ventures have access to financial resources far beyond the means of the scores of five-and-dime gambling sites now online. all the big players trying to get into this industry look out!



To: Joe Copia who wrote (22)3/18/1999 6:43:00 AM
From: Whisperer!  Respond to of 363
 
Lucky Bob

by Glenn Barry

Melbourne, Australia--Bob Pelekanakis wasn't having a good run on the ponies, his telephone betting account with Tabcorp (the local OTB) was down to AUD $20 (around US$12) when Bob's luck changed.

Boy did it change. When Bob looked in his account he found AUD$838,880.80 (around half a million greenbacks). So he did what any punter on a winning streak would do, he spent it! He withdrew a series of under $10,000 payments from Tabcorp agencies around Melbourne, renovated his house and had some fun. (Under $10,000 cash withdrawals are not reported to the Government's Cash Transactions Agencies, so they claim, or the Tabcorp head office.) He then bought himself a ticket to Greece and hasn't been seen since.

Tabcorp meanwhile is saying in the Supreme Court that it was "a misallocation of funds" and that an "error occurred from a very complex set of events" resulting in the "computer glitch" that made Lucky Bob a near Aussie dollar millionaire, and they want their money back.

Bob's lawyer said to Justice Beach in the Supreme Court that Bob was "just holidaying" and "would return... soon".

Not too soon I hope Bob, you can't have spent it all already!

here is the link @ rgtonline.com