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Tuesday, July 11, 2006 5:12:10 PM
They were all talking about this over at Yahoo. But this type of legislation would be next to impossible to regulate. Online gambling is rampant and millions of people are involved. What are they going to do? Arrest everybody?
Congress is trying to make the use of computer technology in the gaming industry illegal. But the truth is internet gambling has ALWAYS been illegal, but unregulated.
I don't think GIGM would be that involved in the whole mess anyhow because the bill would only concern U.S. involvement and GigaMedia is a predominantly ASIAN company who is expanding into European markets!
The whole U.S. online gaming issue should be a non-event to GIGM imho.
We'll see though.
Good Luck!
PP :)
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