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Strategies & Market Trends : Fatty's Donut Shop -- Ignore unavailable to you. Want to Upgrade?


To: Selfmade$ who wrote (937)4/30/1999 8:49:00 AM
From: Matt Brown  Read Replies (1) | Respond to of 5041
 
Online gambling a $10 billion Industry by 2002

Wed June 17 1998
According to a market analyst report, released Tuesday, online gambling revenues in 1998 are expected to be $535 million, rising to $955 million in 1999 and $2.3 billion by 2000. The report also claims: ''Online gambling turnovers have the potential to dwarf those of other interactive services, tapping into an existing traditional gambling market valued at over $700 billion in Europe and the U.S. alone.''
Read the full story with CNN
customnews.cnn.com.

Sounds like a good investment for the future..That is only 2 1/2 years away! And with the rate that GOCA is growing, I expect them to own a very significant amount of the "projected revenues." Keep in mind that their market shares is growing so fast (716%), that their March Revs were 2.5x the whole year of 1998!

Any thoughts?

FM