Word: wagernet
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Dates: during 1990-1999
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...before it's too late. Neither the gaming companies nor the prosecutors know how existing law will apply to cyberspace. Two years ago, Minnesota attorney general Hubert Humphrey III filed suit against Granite Gate Resorts, based in Las Vegas, merely for advertising its upcoming Web-based sports-betting service, WagerNet, to Minnesotans...
...tropical getaways like St. Martin, Antigua, and the Turks and Caicos Islands. Belize is considering legislation that would make it the Monte Carlo of cybergambling. "Everyone says it's a banana republic over there, and no one will regulate," says Kerry Rogers, who runs an offshore operation called WagerNet. Rogers maintains, however, that if the Belize National Assembly ratifies the Computer Wager Licensing Act later this month, online betting parlors will be monitored by local officials who would guarantee that the casino hard drives aren't loaded...
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