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Glenn Barry Gaming GuruEditorial: You Must Remember This, as Time Goes By14 March 2006
By Glenn Barry Aussie contributor Glenn Barry joins us from a previous life. As a lottery consultant, he wrote for us when we published Rolling Good Times Online and during that time coined the term "nambling" by combining the words "net" and "gambling." Mr. Nambling read with interest yet another incarnation of Sen. Kyl making a run at prohibition, and just couldn't help himself, so here's his take on the latest wrangling in the U.S. Congress. When Sen. Kyl and I were virile young men with no need for Viagra, and we were using 28K dialup accounts, the debate over Internet gaming began with Sen. Kyl leading the charge to ban this pure evil pastime enjoyed by many citizens of the USA--despite the insistence by the Justice Department that it is already illegal under US1084, the "Wire Act."
These days we are inundated with Viagra spam, phishing attacks on our bank accounts, credit card frauds, stock market pump-and-dump operators, Trojans, key loggers, etc.-- most of which, according to the Spamhaus Project, originate in the USA and target U.S. citizens. According to MSNBC, "In all, some 685,000 consumer complaints were filed with the Federal Trade Commission last year, with victims reporting losses of $680 million." In the meantime, Sen. Kyl is still concerned that grownups are spending their own dollars on a sports bet, a little cyber casinoing or a poker game in places where it is legal to do so. I figured one of the reasons Sen. Kyl has to introduce new bills all the time is that software and hardware have changed so much since his campaign started, his office no longer has a reel-to-reel tape reader and someone spilled a cup of coffee on the 5 1/4 inch floppy the back-up was on. Think back to 1996, when Kyl made his first run at an anti-Internet gambling bill: A Pentium 166 MHz was state of the art, and most people were using Windows 3.1 on 486 chips. A 4-gig hard drive would have your friends swooning with envy, and you could even get a 56K modem (and if it worked even better). Of course, many of the current senior executives of the cyber gaming industry would be too young to remember this technology, so pop over to oldcomputers.net for a quick look at what we are going on about. Now for 10 years, Sen. Kyl, by hook or by crook, has been trying to get his bill through. He has tried to attach the latest version to S2349, the Lobbying Reform Act--an act I gather that is needed to stop people paying politicians bribes to stop Sen. Kyl's bill getting through. (Cute one, Senator, at least you still have your sense of humor.) Over the years, Sen. Kyl has attached, glued, stapled, nailed, bolted, pinned and blue tacked his bill to everything from the Goldfish Protection Act to the Script of Star Wars III. In the meantime, what are U.S. consumers worried about? For a look at real complaints by real people that Sen. Kyl could be concerned about and should be working on, consider the Federal Trade Commission's 2005 report of most common crime complaints, ranked by percentage of total complaints:
Strangely I don't see any massive consumer concern about cyber gaming. Had Senator Kyl been around when young Orville and Wilbur were turning bicycle parts into airplanes, we would have had the Kyl anti "Taking Airplanes to Exotic Places with Casinos" bill, and that, my friends, would have meant no Casablanca starring Humphrey Bogart as Rick (my goodness, Rick ran a casino you could reach by airplane!) and no "Play it again, Sam."* *Yes, movie buffs, I do know Rick (Bogey) said, "You played it for her, you can play for me," but it doesn't make for as interesting end to the story, and everyone thinks he did anyway.
Editorial: You Must Remember This, as Time Goes By
is republished from iGamingNews.com.
Ho Ho Ho , Ho.3 November 1999
A bid for a US$ 108 million 1/3 share of China online (as reported by Asia Week) has some interesting implications for online gambling. The bidder was no other than Stanley Ho, who owns most, if not all, of the land-based casinos in the (soon to be returned to China) Portuguese territory of Macau.
Ho has ... (read more)
Another Listed Online Sportsbook Down Under?12 May 1999
Newly listed on the Australian Stock Exchange, Consolidated Gaming Corp (CCG) has reportedly entered "exclusive discussions" with Internet group LibertyOne, with the intention of forming a sports betting joint venture, and has secured a short-term option to acquire Northern Territory-based bookmaker ... (read more)
Aussie Online Sportsbook to List5 May 1999
Mark Read's sports betting agency, Darwin All Sports, is planning list on the Australian stock market in June this year. Morgan Stockbroking will underwrite the float and intends to lodge its prospectus with the Australian Securities and Investments Commission in late May.
Read said he was raising capital to fund planned acquisitions. ... (read more)
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