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Non-Tech : Starnet (SNMM)Online gaming, sexsites, lottery, Sportsbook -- Ignore unavailable to you. Want to Upgrade?

To: Roofman who wrote (1977)	3/3/1999 11:10:00 AM
From: CYBERKEN	Read Replies (1) \| Respond to of 8858

<<Once the operation is up and running, SNMM gets a cut of wagers. My understanding is that the cut is based on a sliding scale, ranging from 17% - 40%, based on the volume of wagers.>> Odd as it may sound, it is necessary to get a more detailed definition here of the term "wagers", since if Starnet takes 17% to 40% of all wagers, that would leave any licensee in a guaranteed losing position. "Wagers", OTOH, could really be "hold" or "win", which would make more sense. Has Starnet described this term in any of their filings or PR's? TIA