Experts Comment On US Party Gaming Threats

Published: Friday, June 24, 2005 Online-Casinos.com

EXPERTS COMMENT ON U.S. PARTY GAMING THREATS

"...the chances approach those of being hit by lighting," says law expert

Reuters started the news week rolling over the weekend with a story on last week's perceived threats by US authorities that the Party Gaming directors in the States could face legal sanctions. The comments were widely seen as an attempt to diminish the IPO due at the end of this (June) month.

The report quotes observers as saying that such an action is "....about as likely as drawing four aces in a game of five-card stud."

U.S. law enforcers are unlikely to directly pursue PartyGaming or any other online-gambling company due to unresolved legal questions, several industry experts said.

"'It's so remote that the chances approach those of being hit by lighting,' said Joseph Kelly, a professor of business law at the University of Buffalo who has helped other countries draft online-gambling rules.

Efforts to pass an anti-gambling law that applies specifically to the Internet have repeatedly failed in Congress over the past several years amid a thicket of competing interests: horse racing, dog racing, state lotteries and Indian casinos that seek to be excluded from the provisions of any new lay seeking to ban Internet gambling.











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