Legislators Intrigued by Global Cyber?s Solution for Regulating Internet Gambling |
June 11, 2006 DENVER In Boston on Friday, June 2, 2006, members of the National Council of Legislators from Gaming States (NCLGS) heard testimony from Global Cyber GPS CEO Bill White regarding the company’s technology solution to regulating Internet gambling.
“What’s wrong with Internet gambling is the absence of regulation,” stated White. He added, “The governments you represent need the ability to regulate Internet gambling, which has not existed until now.”
He went on to explain that the company’s proprietary use of the Global Positioning System ensures that prospective gamblers are physically located within the gambling jurisdiction at the time of play, the main element in a package he described as “Perfect Regulation for Internet Gambling.” It also enables verification of each gambler’s identity and age. It further enables governments to obtain all needed data from gambling Web sites and their customers, regulating them remotely.
Florida Senator Steven Geller, NCLGS president, said that if White’s company can do what it claimed, Global Cyber could make a tremendous difference.
White created a media stir last October at the annual Global Gaming Expo in Las Vegas when he declared, “A legitimate, fully lawful Internet gambling industry is coming to America, and soon.” He was widely cited as the first authority to make such a prediction. Likewise, at the NCLGS meeting, his regulatory system dominated discussion and was the focus of significant interest.
Following the meeting, White noted that representatives of several states had requested early demonstrations. “The NCLGS meeting is another step along the road toward legitimization of the industry in America,” he stated.
ABOUT GLOBAL CYBER GPS Through its patented use of the global positioning system, Global Cyber GPS creates geographic borders in cyberspace for the purpose of conducting Internet gambling on an intrastate basis. Licensed operators of casino-style gambling sites or lotteries can thereby prove to state regulatory agencies that all their participants are physically located within a specific jurisdictional boundary. |
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Source: Press Release |
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