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Resource ID: #22220
Subject: Gambling
Source: CBS News 60 Minutes
Affiliation: 
Date: Nov. 20

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Description

PartyGaming Inc., a British company that operates on-line gambling sites, is at the vanguard of a global goldrush. Even though 90 percent of PartyGaming's revenues come from the U.S., and the Justice Department swears that online gambling is 100 percent illegal, nothing has been done to stop the trend. And with billions of dollars of potential revenues involved, land-based U.S. casinos are eager to get a piece of the on-line action.

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