Gambling is going to be the killer (application) of the Internet.
Predictor: Herschman, David
Prediction, in context:A 1995 article by Yardena Arar for the Los Angeles Times was shared in a TechnoCulture Archive newsgroup discussion. In the article, Arar quotes David Herschman. Arar writes: ”Ladies and gentlemen, place your bets. Gambling has come to the Internet. Despite questions about legal and security issues, at least one World Wide Web site is taking wagers on sporting events and others are preparing to offer casino-style play online – for real money, at least overseas. ‘Gambling is going to be the killer (application) of the Internet,’ said David Herschman. president of Virtual Vegas Inc. … Virtual Vegas’ Web site offers blackjack and other casino games. Only funny money is at stake, however … Herschman is by no means ruling out real-money gambling on his site. ‘We don’t want to spend a dime on legal fees,’ Herschman said.”
Biography:David Herschman, the founder of Virtual Vegas, the online gambling service, also founded a CD publishing company in the 1990s. (Entrepreneur/Business Leader.)
Date of prediction: January 1, 1995
Topic of prediction: Economic structures
Subtopic: Gambling
Name of publication: The Techno Culture
Title, headline, chapter name: Virtual Casinos Test Legal Limits of On-Line Gambling
Quote Type: Direct quote
Page number or URL of document at time of study:
http://technoculture.mira.net.au/hypermail/0033.html
This data was logged into the Elon/Pew Predictions Database by: Jagrup, Shavanna