Monday, February 14, 2005

Wired News: Gambling Sites Hedging Bets

Wired News: Gambling Sites Hedging Bets:

"Online gambling was, and still is, an industry ripe for the picking and extortion attempts like these are fairly common, not just around the Super Bowl. According to gaming analysts River City Group, estimated 2004 revenues for online gambling reached more than $7 billion. About 350 companies run at least 1,700 gaming sites. It's also a largely unregulated industry -- many of these companies are headquartered offshore in countries without ample law enforcement resources to pursue hackers thousands of miles away, so the site operators often feel the pressure to pay. "

1 comment:

Anonymous said...

I love gambling online and I wish that they would legalize it here in the U.S.