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


To: Gator who wrote (2807)4/22/1999 10:51:00 AM
From: lookin forward  Read Replies (4) | Respond to of 8858
 
Starnet keeps releasing news of more and more licensees, is this really good news? I am really starting to wonder when dilution of the market place is going to affect the overall performance of this subsidiaries. If we sell to many licenses it seems to me that they will start dropping like flies. How many people really want to gamble on the Internet? The government here in the south is really cracking down on independent gaming operations and the new push is these state lotteries that it seems everyone wants to play. I can't see them allowing Internet gambling here on the net anytime soon, as this will cut away from the gambling revenue that the independent states are trying to create. Not meaning to sound negative, but the more I think about this gambling thing and the more regulations and trouble that is being passed on to independents trying to get started here in the south the more I believe it will be quite sometime before we see any real progress in the internet gaming section.
R.M.