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

To: Jay D. who wrote (2513)	3/22/1999 10:17:00 AM
From: Roofman	Read Replies (1) \| Respond to of 8858

It is NOT true that most of the revenues from SNMM licensees comes from the USA and Canada. At Thursday's NY show, Mark Dohlen said that 50% of the licensee's revenues comes from the US and Canada. Additionally, Kyle is far from a foregone conclusion. Last year the bill easily passed in the Senate, then was held up in the House. This year the bill has been watered down substantially. Passage in the Senate is, again, likely. What the House will do with it is anyone's guess. However, both President Clinton and Vice President Gore have been steadfast in the opposition to most forms of internet regulation. While they have not publicly addressed the Kyle Bill, specifically, Attorney General Reno has. She has publicly stated that she is opposed to the regulation of internet gaming. Don't forget she is a Clinton appointee. I believe there is a strong possibility that, should Kyle pass the House, Clinton would veto it. Long SNMM! Roofman

To: Jay D. who wrote (2513)	3/22/1999 11:18:00 AM
From: captaintime	Read Replies (2) \| Respond to of 8858

Trying to regulate internet gaming activity occuring in diverse jurisdictions would seem a monumental task. Even if legislation is passed, establishing and enabling a regulatory task force would be an administrative nightmare and create major tension with jurisdictions that allow online gaming activity; probably the reason that Janet Reno and other law enforcement officials stand against it. Can you even begin to imagine the type of police state infrastructure it would take to regulate and prevent our use of a home or office computer to place a wager on line with a site based in Antigua or else where? If you have up to date info about the current status of the Kyle bill please post it; it may affect stock price and present a buying opportunity for those of us that believe net gaming a sure bet for the future. Captaintime

To: Jay D. who wrote (2513)	3/22/1999 12:10:00 PM
From: golfer18	Read Replies (1) \| Respond to of 8858

You are kidding right. Porn on the net was outlawed too and look how enforceable that is. Government regulation of online gambling? Dream on.

To: Jay D. who wrote (2513)	3/22/1999 8:07:00 PM
From: Gator	Respond to of 8858

Jay, Yes I do...Especially, when they will not have to have the perceived trash people commonly associated with Casinos in their neighborhood(s) or state!!!!!!!! Here in Florida, they look at all forms of gambling like trash, however, it's the Dog Tracks, Horse Tracks, Jai Alai, Cruise Ships and Bingo, that generate extraordinary income, pay for political campaigns and, finance the State!!! The State Lotto is another story... The Indian nations are also allowed casinos... The Internet will become the most accepted form of gambling, the states will not like it but, they will not lose their elected positions based on the perception of bringing filth into the local community...They will also be motivated by the potential revenues generated for their tax base... Now that I've given my opinion, are your sure your figures are correct??? I have reservation!!! I read Thomas's post, and think that Mr.Dohlen may have mis-stated the facts... Later...Gator