Atlantis Internet Group offers States free license
July 2, 2004
The best publicity ploy this week was the clever if somewhat contrived
offer by Atlantis
Internet Group to donate a license to use its online casino
management software, free of charge, for one year to any U.S. state
that passes an Internet gaming bill.
"Casinos may pay anywhere from approximately US$250,000
to US$500,000 per year for a comparable license, and if a state
charged only 10 to 15 percent of the gross wins of the Internet
casino operations they could generate potentially more than US$600
million dollars a year," the press material informs.
"For the first year following adoption of the proposed
legislation, ATIG will make its software available to the applicable
states without charge."
States that pass the legislation could generate revenue from the
untapped offshore Internet gaming industry, estimated to be worth
US$6 billion, while creating virtually no negative impact to residents
within the United States or breaking any current state or federal
laws. With almost every one of the 50 states within the US facing
their largest deficit since the Great Depression, this is a challenge
to state and federal lawmakers to come up with real solutions to
help solve the deficit problems of states across the country, says
ATIG President & CEO Donald L. Bailey.
The company claims that this is a viable solution to many problems.
States could ease their cash deficits without raising taxes on residents
or requiring a license holder to already be licensed within the
US. It creates no negative impact on state residents since, under
this concept, casinos could only accept monetary wagers from international
customers.
ATIG claims its software has the capability of filtering out wagers
placed from within the US or other unauthorized locations and allows
monitoring the activities of online casinos.
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