When I got here back in 1981, gaming law was limited to Nevada and New Jersey.

Everybody is comfortable that the U.S. government is not going to take any enforcement action.

The whole industry went from being a unique, localized practice to something that was national, and now international.

Online gaming has a lot of parallels to online markets. It makes great sense for companies that have experience in this area. It's a natural extension of their product and their brand.

Internet gambling has become a substantial phenomenon in the gaming industry space.

Internet gambling on horse racing is legal; sports wagering on the Internet is probably illegal; and the rest of it: There's no federal law that addresses it.