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Reply To: An Internet Gambling Conspiracy Theory

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#710269
Anonymous
Inactive
Oneguy2nv wrote:
Not today. Really, you’re missing my point here. Companies don’t tend to want a particular market share. They want 100% market share, or as much as they can get without having anti-trust issues. They try to be profit maximizers. If they can do something to hurt competing companies in the process, then they often will if it will increase their position. If a comapny can get laws passed that help them, then they do.

That view would ultimately be too narrow-minded. No company on Earth can dream about 100% market share, or anything even close. And furthermore, there are hundreds of other land-based casinos outside the US – some of them as wealthy or more so than the Las Vegas operators.

The point you are trying to make was clearly understood – all I’m saying is that they could not reasonably consider that as a reason for prohibition.

And, like I said before – these online operators helped make Las Vegas operators richer over the past few years – there is very little sense in cutting off one’s nose to spite one’s face.

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You’re arguing a conspiracy didn’t happen.

I argued that a conspiracy is highly unlikely. None of us have any way of knowing if something DID happen.

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I’m saying that I could see how a company might want laws passed to help their position.

And this is what I am trying to point out – the passing of the law would probably HURT their position, not help it!