KANSAS CITY, Mo. (May 25, 1997 00:31 a.m. EDT) -- A Missouri judge on Friday banned an Internet gambling company from operating in the state.
As my daddy once said, "Son, follow the money." Dispite the clearly boogyman media coverage, for example, about teens using their parent's credit cards to gamble online, all this hand wringing and posturing by states is merely about trying to prevent competition to their monopoly gaming franchise. Although online gaming is strictly in a nascent stage, the revenue generated by state run or regulated gaming has become too large and important to state politicians to allow unregulated (i.e., taxed) Internet business to muscle in. Hell, the lotteries are nothing more than a state franchised number's racket. The mistake Interactive Gaming and some other online gaming sites have made is to have any corporate presence in the US. I guess its a bit of bravado on the part of these entrepreneurs, mostly American, to "tickle the dragon's tail" and not expect to get whipped once in a while. For excellent coverage of this issue, see Glenn Barry's coverage in Rolling Good Times OnLine's site at http://www.rgtonline.com/Nambling.html --Steve PGP mail preferred Fingerprint: FE 90 1A 95 9D EA 8D 61 81 2E CC A9 A4 4A FB A9 Key available on BAL server, http://www-swiss.ai.mit.edu/~bal/pks-toplev.html --------------------------------------------------------------------- Steve Schear | tel: (702) 658-2654 CEO | fax: (702) 658-2673 First ECache Corporation | 7075 West Gowan Road | Suite 2148 | Las Vegas, NV 89129 | Internet: azur@netcom.com --------------------------------------------------------------------- I know not what instruments others may use, but as for me, give me Ecache or give me debt. SHOW ME THE DIGITS!