SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : RIHI - Merger with Internet Gambling Co, - Worldnet Gaming -- Ignore unavailable to you. Want to Upgrade?


To: Joe Copia who wrote (180)3/23/1999 1:48:00 PM
From: Whisperer!  Read Replies (1) | Respond to of 363
 
Kyl Bill Gets Makeover for 1999
Tue Mar 23 1999
CNET News reports that Sen. Kyl plans to
introduce a revised version of his bill, the
Internet Gambling Prohibition Act, in time for a
subcommittee hearing on Net gambling today.
Last year, the Senate voted 90-10 in favor of
the Kyl Bill to ban online gambling in the US and
to punish bettors and site operators alike, but the
bill failed to clear Congress. Although gambling
site operators still risk punishment if the revised
bill passes, the positive news is that there is no
longer a provision to punish “casual” bettors. In
addition, the revised bill does not attack
subscription-based gambling loops, fantasy
sports leagues, overseas sites, state lotteries,
powerball, horse racing, or Internet sports pools
that are legal in the online bettor's state. Sue
Schneider, chairwoman of the Interactive
Gaming Council, comments: “They've managed
to get every type of exception in there--I'm not
sure it should be called the 'Internet Gambling
Prohibition Act' anymore. But they took the
casual bettor provision out, and that is a good
sign.” CNET has the details.



To: Joe Copia who wrote (180)3/23/1999 7:18:00 PM
From: Janice Shell  Read Replies (4) | Respond to of 363
 
Well with that news I wonder if they will chenge their CUSIP also. If they are the shorts will have to cover and to answer your question:

Urban legend, Joe: shorts don't have to cover as the result of a CUSIP or ticker change. I've seen dozens, and generally they don't help stock price. At all.

Ask yourself: why do so many BB companies change name, symbol, and CUSIP?

lololol, of course!!



To: Joe Copia who wrote (180)3/26/1999 9:06:00 AM
From: Whisperer!  Respond to of 363
 
Political Rhetoric Over Logic
Thu Mar 25 1999
The debate is intensifying after Senator Kyl's
renewal of the Internet Gambling Prohibition Act
(IGPA.) When politicians debate the issue,
Internet gambling opponents tend to use harsh
language and metaphors to suggest that online
gambling is the diabolical creation of Satan
himself. Last year's favorite metaphor was:
''Internet gambling is the crack cocaine of
gambling.'' While the old expressions remain in
use, a couple of new ones have been added.
Ohio Attorney General Betty Montgomery told
a Senate panel yesterday that ''Internet gambling
spins an evil web'' and that ''with a double-click,
life savings are gambled away.'' Where are the
reports that validate these claims?

here is the link casinowire.com