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hangin' about
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You mentioned in another thread (regarding the Sportingbet PLC sale to Jazette and the terms therein) that you believe the US gaming market will be regulated in three years.

Is this purely speculation and conjecture or do you have some reason/evidence to believe this?

(btw, I tend to agree - though maybe not with the three-year window - but am just curious what your line of reasoning is.)

Thanks!
 

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The US gaming market is already regulated. There wil never be cross state betting allowed. Every state will makes laws that make it illegal to gamble online out of state.

Sportsbetting regulation via a US exchange is a certainity in the future. Cant reveal why I think that, but I do know the right people who will push it at the right time. If I can find my Betfair/Pinnacle write ups, I will give you a look at the future of it all.


You can also look up the thread Insablity widens in the Industry by the poster Peebs.
 

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The USA will NEVER regulate sports wagering across the country there is no chance.
 

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Exactly Journey, my point is, select few that feel they have the scoop because of what someone says.....many many things could be and should be regulated.......they will never do it across the country.
 

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passingthewind said:
Exactly Journey, my point is, select few that feel they have the scoop because of what someone says.....many many things could be and should be regulated.......they will never do it across the country.


I am not naming names thats all. I know what they want and know what can be pushed for. I certainly know whats been talked about, I was there.

All from my side of things agree 1000 percent with my Betfair/ Pinnacle model and its what we want. Its likely to start in Nevada first and then spread out.

Exchanges for sportsbetting will be a reality in the US, no doubt.

Its a simple concept that can be sold using the right lingo.

The two big problems are post up and the Bradley law.
 

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Exchanges perhaps...that would be the only way the U.S. could save face , I still doubt it anytime soon (5 years)
 

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xpanda said:
You mentioned in another thread (regarding the Sportingbet PLC sale to Jazette and the terms therein) that you believe the US gaming market will be regulated in three years.

Is this purely speculation and conjecture or do you have some reason/evidence to believe this?

(btw, I tend to agree - though maybe not with the three-year window - but am just curious what your line of reasoning is.)

Thanks!
I missed your post the first time around xpanda. Good question.

Back in the mists of time (2003) the first guy to introduce an Internet Gambling Regulation Study Commission Bill was Rep. John Conyers of Michigan. He got no suopport.

This year, Rep. Jon Porter of Nevada introduced 'The Internet Gambling Study Commission Act', and got a bunch of sponsors.

The American Gaming Association is behind this, and you can bet they are lining the pockets of plenty of the Democrats right now.

Corporate America wants in, they just wanted the British corporate competition killed first. The UIGEA has been effective so far in having all the Brit listed companies commit hari kari. Champain all round in the corporate offices of Harrah's, MGM and co.

But I think we will find there are hidden contracts behind some of those $1 sales for the future. Mark my words on that.

Later after regulation the private firms will be gobbled up, not by the Brits but by US corporate interests.
 

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Sugarbear said:
I am not naming names thats all. I know what they want and know what can be pushed for. I certainly know whats been talked about, I was there.

All from my side of things agree 1000 percent with my Betfair/ Pinnacle model and its what we want. Its likely to start in Nevada first and then spread out.

Exchanges for sportsbetting will be a reality in the US, no doubt.

Its a simple concept that can be sold using the right lingo.

The two big problems are post up and the Bradley law.
I put my money on this aspect coming out of Virginia, not Nevada.

All forms of gambling being regulated including sports are a certainly over the next few years. There's just so much money in online gambling be it poker casino sports or whatnot.

Here's the links:

Conyers Bill 2003:
http://www.igcouncil.org/press.php?id=117&section_name=Press Releases

Porter Bill 2006:
http://porter.house.gov/index.cfm?C...ectionID=19&SectionTree=3,19&lnk=b&ItemID=643
 

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I dont disagree with Virginia. For the talks I had, with the people I had it with, are no one comapred to what the really big boys want. Sports is a bad word in Vegas for unapproved venues and a career ending move for many to push an exchange. Its just the most logical choice and would save many a place that will be closed by the advantage gamblers from being closed.


In the end all feel safe with Nevada as a breeding ground. I doubt no one with any real power here wants the headaches involved.
 

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Just doing a little research into Frist's Harrah's connections and stumbled upon this blog entry hypothesising how Harrah's will capture the poker market and literally bankrup the WPT.

Thoughts?
 

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I cant prove it, but I believe this is what is going on.

xpanda said:
Just doing a little research into Frist's Harrah's connections and stumbled upon this blog entry hypothesising how Harrah's will capture the poker market and literally bankrup the WPT.

Thoughts?




There likely to do more than that. BUT, between point A and B there is a lot of regulation and paperwork to be developed, filled out and what not.

The more money in play, the more people in the way, looking to get there piece as always.


On the International front however, all the winners and losers have already been choosen. All of the BIG, BIG boys and there associates have been in private partnerships for some time now, via stock ownership and other related buisness interest not related to gaming per say.

They are all avid horse players and in the "Lesiure Time" away from work, move a great deal of money around the world, in a good ole boy network
kinda of way. A modern day exchange for "Members Only," if you will.


I can no way prove what I just said above, but its what I believe.


All you need to do is find out who some of the big boys are and buy the stocks they have. First look to Australia as there is a solid infrastructure in place and excellent working relationships among the members. Sportingbet was and still is a huge player in this chain and is the key company or company personel, you want to keep an eye on. Of course this includes the UK, which then starts to include the "Related Services" companies. Pay key attention to employee movement and where developmental money is being spent. Not developmental talks, but money. Talks are happening fast around the world now, because these guys have been doing buisnes for years, and now have to try and figure out, HOW TO DO IT OPENLY. When it comes to gaming at least that is. Makes the stock look very enticing for speculators with the cash to do so, if you know what I mean. This of course includes Canada and it also serves as a great go between there and the UK.


Most anything that springs to life fast will happen internationaly first and eventually be the key american componets. It will happen fast for the reasons mentioned above, plus things are becoming regulated by the minute, Every Where else, but in AMERICA.


As long as you pay you taxes, just like them I am sure, you are good to go.



Then of course over to Asia and likely Hong Kong first or wherever the big race tracks are anywhere over there and then back round to Australia.
What you have is around the clock exchange, so to speak, where the memebrs turn over and over and over, there pocket money so to speak.


All men bet on something after work, one way or another in this industry. Believe me when I tell you. At the end of the day, there no different than you and I. They need action they can not control, that presents a challenge at the same time, to get thru to the end of the night, just like everyone else.



The prized goal in all this is of course Antigua/Barbados. The thorn in the US's side itself. Its prized not only for its other diversions, but its not all that far from Maccau and thus presents a nice diversion for people from other parts of the world, thus creating a BALANCE. There is a super duper ton of money on the table for them, if they want it. They are US trained as it is, in certain aspects of gaming regualtions and need but only apply that training, to ask the US for help, and make Costa Rica the equivalent of Freemont street, here in downtown Las Vegas.



Thats just to start.


Through the vehicle of this international ring I am speculating about, the offshores have been surronded for awhile now in my professional opinion and its only a matter of time, that they do out there, what they did in Vegas.


They started in, in earnest in about the fall of 88, once they had there Rico ducks in a row, a scant 18 years ago.



History is simply repeating itself.
 

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