Golden Matrix Group Inc (GMGI)

[pyro2]

"The online operators and Philippines licensees are picking up most of these players,” said Ader, who was a top-ranked gaming analyst at Bear Stearns for more than a decade. “I think it’s a wake-up call, not just in Asia but in the U.S. …

He said "governments in Asia should note that the trend in Europe and the U.S. is to legalize online gambling and implement higher taxes and more regulation."

“In Asia all this is lost business and tax revenue. Legalize it, tax it ... allow the Macau licensees to participate,” Ader said.