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#1
10-25-2006, 02:05 PM
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From Wired News...
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#2
10-25-2006, 04:53 PM
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Re: From Wired News...
An interview with Calvin Ayre, giving his take on the recent legislation:
Bodog interview on theregister.co.uk [ QUOTE ] Q: The online gaming industry lost $7bn in market capitalization in one day after Congress passed legislation prohibiting American financial institutions from doing business with online gambling companies. What do you see as the long term impact of that legislation for your industry? And where does the internet gambling business model go from here? Is there any creative way around the legislation? A: While the jury is still out on the long-term impact this recent piece of legislation will have on the industry, there’s really no secret to how catastrophic this bill has proven short term for the publicly traded online gaming companies. Bodog.com, being privately held and positioned in such a way that it's able to adapt to the ever-changing and quite often volatile online gaming environment, has been able to weather this storm with relative ease. Although we have a few months to fully assess all the changes and their potential impact on our gaming channels, we remain confident that we're better positioned now than ever before to expand all of our entertainment product channels, including gaming, into existing and new markets, such as Europe and Asia. [/ QUOTE ]
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#3
10-25-2006, 05:17 PM
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Re: From Wired News...
[ QUOTE ]
Sorry if this has been posted before but it's interesting reading... Online Gamblers call Bluff [/ QUOTE ] Actually, it's an AP article from yesterday. But yes, very interesting.
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