Saturday, January 21, 2006

Paul Allen Folds His Cards; Gives Up Online Casino

George W & Co. trumped Paul Allen today, as the billionaire folded his cards and agreed to pay a $7 million settlement for running Internet casino advertising in The Sporting News. No doubt, this settlement may throw a wrench in the wheels of progress for those that have been enjoying increasing revenue by accomodating an assortment of online gambling marketers. Will prosecuting those with advertising platforms stagnate a multi-billion dollar global industry that grows each day, and where more than 70% of the players are US citizens?? I guess Paul Allen knows that it doesn't make sense to play against a loaded deck. Can you spell 'prohibition'?

Now, if George and Dick wanted to use the settlement money to actually buy and send body armor to our boys overseas, I'd be less critical..But we know that isn't going to happen.

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