Thanks Bernie
Yep, we have been reporting on this for some time. Its scary stuff and I believe its the government acting out beacuse so far they have failed to force through new gambling legislation.
They figure if they can’t get the new laws on the books this year then they will attempt to crippile online gambling by going after the advertising outlets.
It makes sense as a strategic attack. First they restrict the players ability to deposit or withdraw funds then they reduce the casinos ability to even attract new clients through advertising.
Effectively they can and are shrinking the market without new laws being enacted. I predict the next thing we will see in this multi proged attack is for the DOJ to approach mainstream online outlets like Google, MSN, Overture and Doubleclick and make an example of one of them. It’s the logical progression and the effects will be very profound.
The only hope we have I think is if this administration is removed from office by voters who finally realize the tremendous damage thats been done to our economy, the out of control budget deficit, continual military adventures that cost us over $100 billion dollars and the loss of American prestige throughout the world.
If G.W. gets elected again we can pretty much count this business as dead by the end of 2004.