Exec: Still chance for online gambling

16 Nov 2006

LAS VEGAS, Nevada – As reported by Reuters: "New Democratic leadership in the U.S. Congress could provide a chance to explore legalization of online gambling, the chief executive of casino operator MGM Mirage (MGM.N) said on Wednesday.

"A new U.S. law making it illegal for banks, credit card companies and online payment systems to process payments to online gambling companies 'makes no sense whatsoever,' MGM CEO Terry Lanni said at a gambling conference held here.

"…Lanni said MGM would like to see a study commissioned to examine whether online gambling can be successfully regulated in the United State.

"The American Gaming Association, of which Lanni is the current chair, is expected to decide in December whether to pursue legislation calling for such a study…"

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	Exec: Still chance for online gambling 16 Nov 2006 <a href='https://ad.casinocity.com/adclick.php?n=a21efcd1'><img src='https://ad.casinocity.com/adview.php?what=-site:vendors/width:250/RON&n=a21efcd1' border='0' alt='' /></a> LAS VEGAS, Nevada – As reported by Reuters: "New Democratic leadership in the U.S. Congress could provide a chance to explore legalization of online gambling, the chief executive of casino operator MGM Mirage (MGM.N) said on Wednesday. "A new U.S. law making it illegal for banks, credit card companies and online payment systems to process payments to online gambling companies 'makes no sense whatsoever,' MGM CEO Terry Lanni said at a gambling conference held here. "…Lanni said MGM would like to see a study commissioned to examine whether online gambling can be successfully regulated in the United State. "The American Gaming Association, of which Lanni is the current chair, is expected to decide in December whether to pursue legislation calling for such a study…"

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Exec: Still chance for online gambling