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.
