BetUS Makes a Splash in the NY TimesBetUS.com made waves this week by being featured in the New York Times' business section. A font page story BetUS spokesman Jesse Ventura and the industry was a compelling read. Here are excerpts from the widely publicized article.A Legal Gamble for Celebrities By Matt Richtel Published: November 16, 2005 Jesse Ventura is no longer governor of Minnesota. But he is still pushing an agenda - in this case, sports betting over the Internet. Mr. Ventura is the new spokesman for BetUS.com a Web site operated from Costa Rica that lets people wager on sports contests from their home computers. "This is a step toward bringing something above- board that clearly many people want to partake in," Mr. Ventura said. For his part, Mr. Ventura said he was not aware that federal law prohibits Internet gambling operations; his management company, he said, told him that the deal would not be a problem. But Mr. Ventura also counters with a populist message that, in essence, millions of Americans who gamble online cannot be wrong. And in that regard, the relationship between casinos and celebrities - who can easily earn six-figure deals for one-year endorsement contracts - underscores the steep challenge Washington faces in policing this growing offshore industry. The overseas casinos, which allow people to play poker against other gamblers, engage in table games like blackjack and bet on sports, are legal and licensed in dozens of countries. In Britain, some casinos are listed on public stock exchanges. Internet gambling is projected to reach almost $12 billion in business this year, up from $8.3 billion in 2004, according to Sebastian Sinclair, a gambling industry analyst with Christiansen Capital Advisors. Americans account for more than half of the amount wagered, Internet casino executives and industry analysts say. The popularity has soared in recent years with the boom in poker, particularly Texas Hold 'Em, and its increasing prominence on cable television. Still, the industry insists that online gambling would be much larger were it not for efforts by federal prosecutors and some financial institutions. --- by BetUS PR at 1800-sports.com on April 02, 2006
Sportsbook Babes
Featured
|
|
© 1800-Sports.com
1998-2008. All rights reserved.
Information contained in this Web site is intended for recreational purposes only. Access to information contained in this Web site is void where prohibited