Market Data 
Markets
Replies to post #9625 on Players Network Inc. (fka PNTV)
Illegal gambling is thriving in the most populated markets The United States, China, India and the Pacific Rim Nations.
Roulabette™ wagering may receive early acceptance in China. The Government will be able to control the amount of the wagering and more importantly, can determine the source of the funds (wagers). The same scenario may be said of India. We believe the Chinese Government does not wish their constituents to visit Macau. Macau represents all that Las Vegas has to offer and is entirely American. China controls and restricts (censors) all news services, foreign newspapers, magazines and all publications that do not meet their ideology. They are readily available in American operated casino in Macau. China’s economy is advancing at an astonishing pace but remains a Communist society, despite joining the World Trade Organization (WTO). The Chinese Government views Macau as a “stop over” for tourists that visit China, a virgin destination and for other affluent Asian gamblers.
Their patents are filed in the forty-nine (49) industrialized countries in the world, provide for transmitting remote, live in-progress casino table games via telephone lines, Internet and satellite (satellite primarily for the U.S. market). Using broadband, Internet is simpler and more economical to operate than using satellite transmission.
Roulabette™ offers content to the broadcasting industry and is a medium for local, state and international advertisers.
According to Wang Xuehong, head of the China Center for Lottery Studies of Beijing University, revenue from illegal casinos and virtual casino table games using the Internet in China, in 2005, reached 70 billion Yuan ($87.5 billion US dollars
THE POTENTIAL MARKET
To estimate the potential net revenue available from revenue sharing between the various entities participating with Roulabette™, Kenilworth computed actual results from satellite gaming platforms, in England and Ireland.
One of the four (4) Satellite Television providers in Europe, with a subscriber base of 7.7 million at March 31, 2005, of which 3.2% of their subscribers or 300,000 are steady bettors on horseracing and soccer games (pari-mutual wagering). The average bettor wagers an equivalent of $3,200 annually. The Director of Gaming of the satellite TV company opined that with the addition of fixed odds casino betting on live casino games, he expects the number of subscribers who will wager to increase to 10% to 12% of the present subscriber base. The other three Satellite Television providers have approximately 8 million subscribers.
In Asia, there are 170-million satellite and cable subscribers. In the United States, there are a total of 22.7-million satellite subscribers.
The potential is a projected $7.36-billion market. And, if you add in the 70 million U.S. cable subscribers, we estimate a $100-billion market beckoning just from Roulabette™ live casino game play.
The Justice Department reported in 2002 that illegal wagering on everything from sports betting to Internet virtual casino wagering in the United States during 2001 amounted to $300-billion. It has not released any other estimates since. By contrast, illegal U.S. virtual Internet wagering of casino games last year (2005) was estimated to be between $10 to $15 billion, and estimates for 2006 reach to $25 to $30 billion according to casino gaming sources.
We are projecting as more subscribers for Roulabette™ wagering increases, the virtual Internet market will decline and disappear.
Why would anyone play along with a virtual make believe casino game when they can play along with Real Time live casino games instead, without having to travel to a casino?
There are 120 million TV subscribers in the United States and more than 300 million subscribers throughout the rest of the industrialized world. On average, households in the U.S. and other countries have 2 ½ television sets (TV’s). (The satellite, cable and high speed Internet companies will charge a separate fee for transmitting the table games). Public gathering places can accommodate unlimited TV sets with a simple satellite receiving dish or direct cable and high speed Internet connections. With wagering possible in homes, hotel rooms, resort rooms via in house movie network, pubs, restaurants, race tracks and other public gathering places the Company believes it will become a more than $500 billion Net Win Market throughout the industrialized world by the year 2011. Kenilworth’s revenue share may be $100 billion net after operating costs, foreign and domestic taxes.
To best market the casino games, the Company is selecting lotteries throughout the world to manage and operate the distribution and cash handling (deposits to play and paying winnings) using the lotteries’ existing databases for the sale of lottery tickets, and paying winnings at regular lottery licensed terminal locations.
Kenilworth will share the net win revenue with all participating entities that provide Roulabette™ gaming without costs of any kind. Lotteries will receive a minimum of forty percent (40%) of the total net win from their respective jurisdictions. We retain thirty percent (30%) and pay all operating costs. The remaining thirty percent (30%) is shared with other participating entities.
In States and foreign countries that designate exclusively lottery proceeds to school and their teachers it is a welcome contribution. It also may help close budget gaps.
They've already been burned once by Congress, but investors in online gambling companies stocks think Lady Luck is finally on their side now that Rep. Barney Frank is introducing a bill to propose that online gambling be legalized and regulated in the United States.
Getting the bill through the Senate will be the hardest part, according to Joe Kelly of the State College of Buffalo. But success could mean publicly traded firms outside the U.S. can re-enter the market after a 2006 law prohibiting online gambling by Americans booted them out.
There are rumors circulating among the Congressional Press, Poker Players and others that the legislation introduced by Congressman Barney Frank titled: Internet Gambling, Consumer Protection and Enforcement Act (H.R. 2267) may not pass this year. We believe Mr. Frank’s legislation will pass before December 1, 2009 in the same manner President George W. Bush’s Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) (#5364), that Mr. Frank wishes to overturn, became law by attaching the legislation to the “Safe Port Act of 2006”, an act of Congress in the United States, covering port security and to which the on line gambling measure was attached at the last moment, prohibiting the transfer of funds from financial institutions to Internet gambling sites, with notable exception of on line lotteries and horse/harness racing.
H.R. 2267, if passed by Congress, legally sanctions on line Internet gaming in the U.S., the world’s largest gambling market. The primary incentive for passage of this legislation is the potential tax benefit to local, state and federal jurisdictions and the creation of jobs. Price WaterhouseCoopers and others recently estimated that Internet gambling in the U.S. could raise nearly $52-$65 billion in taxable revenue over the next decade (by some estimates $3.0 billion annually starting early in 2010). Why would anyone not support early approval of H.R. 2267 and leave the potential billions of dollars of revenue off the table beyond December 1, 2009?
If H.R. 2267 is not passed before December 1, 2009 then the Federal financial regulations will require credit cards, banks and other payment systems to block any money transfer to gambling businesses who engage in unlawful internet gambling. Many financial institutions already have implemented such policies voluntarily by refusing to honor credit card transactions that violate UIGEA. Both UIGEA and H.R. 2267 leave it up to each state’s discretion how they wish to implement on line Internet gambling.
AI
